The median house price in Invermay Park as of 2026 stands at an impressive $700,000. This figure, sourced from DataVic/REIV through our CRM brain, highlights a notable increase of 38.6% quarter-on-quarter and a 15.7% rise year-on-year. Such growth positions Invermay Park as an attractive area for potential buyers and investors alike.
- The median house price in Invermay Park is $700,000 as of the latest data.
- Quarter-on-quarter growth in median house prices is 38.6%.
- The year-on-year increase in median house prices is 15.7%.
- The population of Invermay Park is 1,692 with a median age of 50.0.
- The median household income in Invermay Park is $1,775 per week.
What do the numbers say in Invermay Park?
In the first quarter of 2025, the median sale price for houses in Invermay Park reached $700,000, reflecting significant growth in the local real estate market. Data obtained from DataVic/REIV indicates a 38.6% jump compared to the previous quarter. This surge is indicative of the suburb’s robust demand and increasing popularity among residents. In contrast, the median price for land decreased by 6.8% to $340,000—a trend that merits consideration for potential land buyers.
Population demographics also paint an insightful picture. According to the 2021 ABS Census, the suburb’s population is 1,692, with a median age of 50.0. The median household income stands at $1,775 per week, making Invermay Park an area of overall affluence compared to other regions.
What are the key considerations for buying or selling in Invermay Park?
Prospective buyers and investors considering buying in Invermay Park should weigh the rapid increase in property values. With substantial quarterly growth reported, the market may favor early investors before further appreciation occurs. Likewise, individuals selling in Invermay Park can potentially benefit from the prevailing high prices and investor interest.
One notable demographic detail is the aging population, with a median age of 50.0. This aspect may affect market dynamics, influencing the types of properties in demand. Choosing the right property based on this demographic insight could significantly benefit buyers aiming for rental or investment returns.
How does Collings Real Estate assist buyers and sellers?
At Collings Real Estate, we provide extensive support for those looking to navigate the Invermay Park property market. Our team offers invaluable advice, backed by current data and rich experience in the field. By opting for our services, clients can gain insights into projected market trends and tailor their real estate strategy accordingly. Interested parties looking for comparative market analysis can visit our page on median house prices in Thornhill Park or the median house prices in Kings Park Vic to gauge current trends across different suburbs.
Additionally, Collings Real Estate invites you to sign up to our portal for access to exclusive off-market properties, tailored investment opportunities, and a free property appraisal.
Frequently asked questions about Invermay Park housing
Q: What is the current median house price in Invermay Park?
A: As of 2026, the median house price is $700,000, reflecting significant growth from the previous year, with a year-on-year increase of 15.7%.
Q: How do demographics influence the Invermay Park property market?
A: The median age of 50.0 in Invermay Park suggests a mature demographic, impacting property demand and rental market dynamics.
Q: What investment opportunities exist in Invermay Park?
A: With high median sale prices and growth rates, investment in housing remains promising, though land purchases may require more strategic assessment due to recent declines.
In conclusion, Invermay Park’s real estate market presents exciting opportunities with its strong price growth trajectory. Whether investing in Invermay Park or looking to capitalize on current prices, understanding the market landscape is crucial. For personalized advice, contact Collings Real Estate at 03 9486 2000 or via email at info@collings.com.au, or visit us at 230 Waterdale Road, Ivanhoe, VIC 3079.
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