Back to Suburb Insights
Canley Vale Suburb Insights
VICLocation Information
Suburb Name
Canley Vale, VIC
Distance from CBD
20 kmDemographics
Population
10,216
Median Income
$20,592
Area Information
Area
2.89 km²
Population Density
3535 people/km²
Property Market
Median Price
$1,109,084
Annual Growth
+14.3%Property Price Trend Analysis
Current Median Price
$1,109,084
Annual Growth
+14.3%
Quarterly Growth
+1.1%
Price Trends - Last 6 Months
2024-01
$594,772
+10.9%2024-02
$557,332
+9.1%2024-03
$856,262
+14.8%2024-04
$977,118
+11.6%2024-05
$457,666
+7.1%2024-06
$446,657
+13.1%Property Type Price Analysis
House
Median Price
$1,110,000
Growth Rate
+6%Available Listings
314 properties
Apartment
Median Price
$403,827
Growth Rate
+12.9%Available Listings
205 properties
Townhouse
Median Price
$812,900
Growth Rate
+10.7%Available Listings
57 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy