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Bexley North Suburb Insights

VIC
Location Information

Suburb Name

Bexley North, VIC

Distance from CBD

6.8 km
Demographics

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