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Ropes Crossing Suburb Insights
VICLocation Information
Suburb Name
Ropes Crossing, VIC
Distance from CBD
13.9 kmDemographics
Population
6,171
Median Income
$44,304
Area Information
Area
5.5 km²
Population Density
1122 people/km²
Property Market
Median Price
$1,030,722
Annual Growth
+11.7%Property Price Trend Analysis
Current Median Price
$1,030,722
Annual Growth
+11.7%
Quarterly Growth
+1.5%
Price Trends - Last 6 Months
2024-01
$891,375
+6.9%2024-02
$361,485
+9.6%2024-03
$626,267
+6.5%2024-04
$512,860
+13.7%2024-05
$689,430
+11.9%2024-06
$963,721
+15.3%Property Type Price Analysis
House
Median Price
$1,758,542
Growth Rate
+9.9%Available Listings
475 properties
Apartment
Median Price
$492,193
Growth Rate
+7.1%Available Listings
612 properties
Townhouse
Median Price
$881,905
Growth Rate
+14.9%Available Listings
299 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