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Canton Beach Suburb Insights
VICLocation Information
Suburb Name
Canton Beach, VIC
Distance from CBD
14 kmDemographics
Population
1,171
Median Income
$23,712
Area Information
Area
0.83 km²
Population Density
1411 people/km²
Property Market
Median Price
$452,519
Annual Growth
+10.8%Property Price Trend Analysis
Current Median Price
$452,519
Annual Growth
+10.8%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$686,418
+3.7%2024-02
$845,347
+4.7%2024-03
$461,274
+5.3%2024-04
$797,837
+16.8%2024-05
$909,798
+18.9%2024-06
$742,947
+15.9%Property Type Price Analysis
House
Median Price
$1,014,844
Growth Rate
+12.4%Available Listings
279 properties
Apartment
Median Price
$399,589
Growth Rate
+8.7%Available Listings
425 properties
Townhouse
Median Price
$935,599
Growth Rate
+10.4%Available Listings
229 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