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North Rocks Suburb Insights
VICLocation Information
Suburb Name
North Rocks, VIC
Distance from CBD
5.3 kmDemographics
Population
7,965
Median Income
$40,092
Area Information
Area
5.46 km²
Population Density
1459 people/km²
Property Market
Median Price
$864,846
Annual Growth
+19.7%Property Price Trend Analysis
Current Median Price
$864,846
Annual Growth
+19.7%
Quarterly Growth
+1.6%
Price Trends - Last 6 Months
2024-01
$603,808
+8%2024-02
$636,805
+9.4%2024-03
$892,162
+6.1%2024-04
$1,034,310
+6.6%2024-05
$749,515
+7.5%2024-06
$680,150
+16.4%Property Type Price Analysis
House
Median Price
$1,189,657
Growth Rate
+12.6%Available Listings
463 properties
Apartment
Median Price
$669,985
Growth Rate
+15.9%Available Listings
362 properties
Townhouse
Median Price
$640,261
Growth Rate
+9.2%Available Listings
230 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