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Revesby Suburb Insights
VICLocation Information
Suburb Name
Revesby, VIC
Distance from CBD
25 kmDemographics
Population
14,176
Median Income
$31,616
Area Information
Area
5.61 km²
Population Density
2527 people/km²
Property Market
Median Price
$918,629
Annual Growth
+8.2%Property Price Trend Analysis
Current Median Price
$918,629
Annual Growth
+8.2%
Quarterly Growth
+3%
Price Trends - Last 6 Months
2024-01
$887,416
+7.4%2024-02
$869,822
+9.9%2024-03
$805,115
+7%2024-04
$745,405
+10.5%2024-05
$1,110,480
+17.8%2024-06
$507,303
+8.8%Property Type Price Analysis
House
Median Price
$1,157,345
Growth Rate
+9.1%Available Listings
205 properties
Apartment
Median Price
$332,633
Growth Rate
+13.1%Available Listings
884 properties
Townhouse
Median Price
$439,772
Growth Rate
+6.6%Available Listings
238 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