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North Avoca Suburb Insights

VIC
Location Information

Suburb Name

North Avoca, VIC

Distance from CBD

6.1 km
Demographics

Population

2,200

Median Income

$45,084

Area Information

Area

1.5 km²

Population Density

1467 people/km²

Property Market

Median Price

$746,800

Annual Growth

+13.2%
Property Price Trend Analysis

Current Median Price

$746,800

Annual Growth

+13.2%

Quarterly Growth

+1.1%

Price Trends - Last 6 Months

2024-01

$923,309

+10.8%
2024-02

$399,525

+11.9%
2024-03

$1,098,058

+7.7%
2024-04

$951,169

+10.7%
2024-05

$905,956

+16.2%
2024-06

$952,668

+13%
Property Type Price Analysis
House

Median Price

$1,393,563

Growth Rate

+13%

Available Listings

254 properties

Apartment

Median Price

$634,158

Growth Rate

+17.9%

Available Listings

830 properties

Townhouse

Median Price

$584,184

Growth Rate

+16.1%

Available Listings

112 properties

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