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Rhodes Suburb Insights
VICLocation Information
Suburb Name
Rhodes, VIC
Distance from CBD
12.9 kmDemographics
Population
11,906
Median Income
$38,272
Area Information
Area
1.01 km²
Population Density
11788 people/km²
Property Market
Median Price
$756,756
Annual Growth
+16.3%Property Price Trend Analysis
Current Median Price
$756,756
Annual Growth
+16.3%
Quarterly Growth
+1.7%
Price Trends - Last 6 Months
2024-01
$589,251
+6.7%2024-02
$733,851
+8.4%2024-03
$661,265
+6.3%2024-04
$1,167,411
+11.5%2024-05
$504,173
+8.8%2024-06
$1,148,766
+9.8%Property Type Price Analysis
House
Median Price
$978,192
Growth Rate
+5.9%Available Listings
376 properties
Apartment
Median Price
$313,595
Growth Rate
+13.9%Available Listings
498 properties
Townhouse
Median Price
$432,735
Growth Rate
+16.4%Available Listings
334 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