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Regents Park Suburb Insights
VICLocation Information
Suburb Name
Regents Park, VIC
Distance from CBD
6.9 kmDemographics
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