Invermay Park Suburb ProfileVictoria 3350
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Invermay Park has 867 properties. Over the last 5 years, Houses in Invermay Park have seen a 26.34% increase in median value, while Units have seen a 27.46% increase. As at 31 October 2024:
- The median value for Houses in Invermay Park is $628,080 while the median value for Units is $388,705.
- Houses have a median rent of $480 while Units have a median rent of $310.
The size of Invermay Park is approximately 2.5 square kilometres. It has 3 parks covering nearly 25.7% of total area. The population of Invermay Park in 2011 was 1,881 people. By 2016 the population was 1,826 showing a population decline of 2.9% in the area during that time. The predominant age group in Invermay Park is 10-19 years. Households in Invermay Park are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Invermay Park work in a professional occupation. In 2011, 88% of the homes in Invermay Park were owner-occupied compared with 87.4% in 2016.
Market Insights
Invermay Park Trends for Houses
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Invermay Park Trends for Units
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Neighbourhood Insights
Age
Population 1,826
0-9
10%
10-19
16%
20-29
10%
30-39
8%
40-49
14%
50-59
16%
60-69
13%
70-79
9%
80-89
4%
Household Structure
Occupancy
Recent Sales in INVERMAY PARK 3350
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Properties for sale in INVERMAY PARK 3350
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Last Updated: 24/11/2024
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