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Bexley North Suburb Insights
VICLocation Information
Suburb Name
Bexley North, VIC
Distance from CBD
6.8 kmDemographics
Population
4,097
Median Income
$31,876
Area Information
Area
1.2 km²
Population Density
3414 people/km²
Property Market
Median Price
$1,093,028
Annual Growth
+10.4%Property Price Trend Analysis
Current Median Price
$1,093,028
Annual Growth
+10.4%
Quarterly Growth
+3.2%
Price Trends - Last 6 Months
2024-01
$604,655
+9%2024-02
$557,808
+9.9%2024-03
$490,351
+13.8%2024-04
$471,436
+15.7%2024-05
$450,237
+9.9%2024-06
$742,051
+18.9%Property Type Price Analysis
House
Median Price
$1,208,986
Growth Rate
+14.3%Available Listings
231 properties
Apartment
Median Price
$493,672
Growth Rate
+15%Available Listings
784 properties
Townhouse
Median Price
$900,596
Growth Rate
+14.2%Available Listings
164 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