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Canley Heights Suburb Insights
VICLocation Information
Suburb Name
Canley Heights, VIC
Distance from CBD
8.8 kmDemographics
Population
10,974
Median Income
$22,152
Area Information
Area
2.61 km²
Population Density
4205 people/km²
Property Market
Median Price
$1,018,533
Annual Growth
+12.8%Property Price Trend Analysis
Current Median Price
$1,018,533
Annual Growth
+12.8%
Quarterly Growth
+2.3%
Price Trends - Last 6 Months
2024-01
$862,945
+6.7%2024-02
$509,645
+4.8%2024-03
$972,597
+8.3%2024-04
$1,076,879
+13.7%2024-05
$575,256
+14.8%2024-06
$1,123,011
+14.7%Property Type Price Analysis
House
Median Price
$1,733,595
Growth Rate
+5%Available Listings
354 properties
Apartment
Median Price
$415,340
Growth Rate
+16.7%Available Listings
492 properties
Townhouse
Median Price
$672,053
Growth Rate
+14.5%Available Listings
168 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