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Auburn Suburb Insights
VICLocation Information
Suburb Name
Auburn, VIC
Distance from CBD
17.6 kmDemographics
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