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North Rocks Suburb Insights

VIC
Location Information

Suburb Name

North Rocks, VIC

Distance from CBD

5.3 km
Demographics

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