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Ruse Suburb Insights
VICLocation Information
Suburb Name
Ruse, VIC
Distance from CBD
15.1 kmDemographics
Population
5,584
Median Income
$36,764
Area Information
Area
2.6 km²
Population Density
2148 people/km²
Property Market
Median Price
$1,002,912
Annual Growth
+15.8%Property Price Trend Analysis
Current Median Price
$1,002,912
Annual Growth
+15.8%
Quarterly Growth
+3.1%
Price Trends - Last 6 Months
2024-01
$761,825
+6.6%2024-02
$1,069,812
+4.2%2024-03
$1,014,947
+12.7%2024-04
$1,167,019
+13.8%2024-05
$926,542
+13.8%2024-06
$426,985
+12.7%Property Type Price Analysis
House
Median Price
$1,237,016
Growth Rate
+9.5%Available Listings
465 properties
Apartment
Median Price
$538,580
Growth Rate
+8.5%Available Listings
806 properties
Townhouse
Median Price
$961,630
Growth Rate
+9.3%Available Listings
156 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