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Rooty Hill Suburb Insights
VICLocation Information
Suburb Name
Rooty Hill, VIC
Distance from CBD
11.2 kmDemographics
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