Speed Suburb Profile
Victoria 3488

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Speed has 78 properties. Over the last 5 years, Houses in Speed have seen a 93.00% increase in median value. As at 31 October 2024:

  • The median value for Houses in Speed is $133,534 while the median value for Units is $288,789.
There are currently no properties listed for sale, and no properties listed for rent in Speed on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Speed.

The size of Speed is approximately 128.6 square kilometres. It has 3 parks covering nearly 2.2% of total area. The population of Speed in 2011 was 432 people. By 2016 the population was 76 showing a population decline of 82.4% in the area during that time. The predominant age group in Speed is 10-19 years. Households in Speed are primarily couples with children and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Speed work in a managers occupation. In 2011, 81.9% of the homes in Speed were owner-occupied compared with 100% in 2016..

Suburb Insights for SPEED 3488

Market Insights
Speed Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Speed Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 76

0-9

 

15%

10-19

 

26%

20-29

 

6%

30-39

 

4%

40-49

 

13%

50-59

 

26%

60-69

 

4%

70-79

 

4%

Household Structure
Occupancy

Last Updated: 21/11/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.