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Auburn Suburb Insights

VIC
Location Information

Suburb Name

Auburn, VIC

Distance from CBD

17.6 km
Demographics

Population

37,366

Median Income

$22,568

Area Information

Area

8.56 km²

Population Density

4365 people/km²

Property Market

Median Price

$470,663

Annual Growth

+16.4%
Property Price Trend Analysis

Current Median Price

$470,663

Annual Growth

+16.4%

Quarterly Growth

+3.8%

Price Trends - Last 6 Months

2024-01

$1,023,614

+6.3%
2024-02

$1,068,435

+8.1%
2024-03

$535,227

+14.3%
2024-04

$917,363

+13.4%
2024-05

$1,171,002

+15.5%
2024-06

$627,749

+16.8%
Property Type Price Analysis
House

Median Price

$1,016,757

Growth Rate

+11.8%

Available Listings

104 properties

Apartment

Median Price

$575,117

Growth Rate

+9.8%

Available Listings

295 properties

Townhouse

Median Price

$800,601

Growth Rate

+10.1%

Available Listings

83 properties

Investment Potential Assessment
Investment Advantages
  • Annual growth exceeds 8% - excellent performance
  • Strong quarterly growth momentum
  • Diverse property types available
Considerations
  • Rising prices may affect affordability
  • Monitor interest rate changes
  • Consider long-term investment strategy