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North Avoca Suburb Insights
VICLocation Information
Suburb Name
North Avoca, VIC
Distance from CBD
6.1 kmDemographics
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