Homewise logoHomewise
Back to Suburb Insights

Regents Park Suburb Insights

VIC
Location Information

Suburb Name

Regents Park, VIC

Distance from CBD

6.9 km
Demographics

Population

4,926

Median Income

$24,908

Area Information

Area

1.99 km²

Population Density

2475 people/km²

Property Market

Median Price

$1,184,485

Annual Growth

+17.3%
Property Price Trend Analysis

Current Median Price

$1,184,485

Annual Growth

+17.3%

Quarterly Growth

+4%

Price Trends - Last 6 Months

2024-01

$739,577

+4%
2024-02

$450,960

+11.9%
2024-03

$1,064,288

+12.7%
2024-04

$954,722

+10%
2024-05

$1,187,682

+10.3%
2024-06

$703,778

+11.6%
Property Type Price Analysis
House

Median Price

$1,147,265

Growth Rate

+14.7%

Available Listings

193 properties

Apartment

Median Price

$325,346

Growth Rate

+13.6%

Available Listings

811 properties

Townhouse

Median Price

$989,864

Growth Rate

+8.6%

Available Listings

115 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