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Rooty Hill Suburb Insights

VIC
Location Information

Suburb Name

Rooty Hill, VIC

Distance from CBD

11.2 km
Demographics

Population

14,704

Median Income

$33,176

Area Information

Area

6.81 km²

Population Density

2159 people/km²

Property Market

Median Price

$778,055

Annual Growth

+11.8%
Property Price Trend Analysis

Current Median Price

$778,055

Annual Growth

+11.8%

Quarterly Growth

+4.6%

Price Trends - Last 6 Months

2024-01

$356,643

+3.4%
2024-02

$973,788

+11.4%
2024-03

$747,816

+8.6%
2024-04

$490,974

+16.1%
2024-05

$875,345

+7.8%
2024-06

$824,607

+19.5%
Property Type Price Analysis
House

Median Price

$1,332,570

Growth Rate

+13.1%

Available Listings

212 properties

Apartment

Median Price

$490,623

Growth Rate

+13.1%

Available Listings

612 properties

Townhouse

Median Price

$696,279

Growth Rate

+8.2%

Available Listings

74 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