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West Hoxton Suburb Insights
VICLocation Information
Suburb Name
West Hoxton, VIC
Distance from CBD
24.8 kmDemographics
Population
10,012
Median Income
$36,764
Area Information
Area
6.71 km²
Population Density
1492 people/km²
Property Market
Median Price
$703,107
Annual Growth
+14%Property Price Trend Analysis
Current Median Price
$703,107
Annual Growth
+14%
Quarterly Growth
+4.2%
Price Trends - Last 6 Months
2024-01
$1,015,218
+9%2024-02
$388,018
+7.9%2024-03
$652,273
+6.4%2024-04
$925,964
+8.4%2024-05
$741,500
+18.9%2024-06
$1,124,644
+15.9%Property Type Price Analysis
House
Median Price
$1,549,915
Growth Rate
+8.9%Available Listings
232 properties
Apartment
Median Price
$353,785
Growth Rate
+17.5%Available Listings
732 properties
Townhouse
Median Price
$903,728
Growth Rate
+15.2%Available Listings
118 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