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Annandale Suburb Insights
VICLocation Information
Suburb Name
Annandale, VIC
Distance from CBD
15.4 kmDemographics
Population
9,451
Median Income
$60,424
Area Information
Area
1.49 km²
Population Density
6343 people/km²
Property Market
Median Price
$785,957
Annual Growth
+11.5%Property Price Trend Analysis
Current Median Price
$785,957
Annual Growth
+11.5%
Quarterly Growth
+3.6%
Price Trends - Last 6 Months
2024-01
$1,026,879
+4.2%2024-02
$730,644
+5.7%2024-03
$1,076,107
+7.3%2024-04
$575,297
+14.4%2024-05
$560,886
+9.6%2024-06
$883,451
+11.7%Property Type Price Analysis
House
Median Price
$1,531,990
Growth Rate
+8.5%Available Listings
458 properties
Apartment
Median Price
$604,542
Growth Rate
+17.3%Available Listings
407 properties
Townhouse
Median Price
$849,805
Growth Rate
+6.7%Available Listings
107 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy