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Revesby Heights Suburb Insights
VICLocation Information
Suburb Name
Revesby Heights, VIC
Distance from CBD
15.1 kmDemographics
Population
1,667
Median Income
$44,564
Area Information
Area
0.8 km²
Population Density
2084 people/km²
Property Market
Median Price
$953,520
Annual Growth
+16.5%Property Price Trend Analysis
Current Median Price
$953,520
Annual Growth
+16.5%
Quarterly Growth
+4.8%
Price Trends - Last 6 Months
2024-01
$617,217
+7.2%2024-02
$463,851
+10.1%2024-03
$1,073,587
+9.2%2024-04
$830,379
+12.5%2024-05
$1,166,936
+8%2024-06
$982,305
+13.8%Property Type Price Analysis
House
Median Price
$1,203,467
Growth Rate
+13.2%Available Listings
181 properties
Apartment
Median Price
$693,752
Growth Rate
+8.8%Available Listings
649 properties
Townhouse
Median Price
$474,577
Growth Rate
+13.5%Available Listings
307 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