The Roxburgh Park median house price is currently $683,000 as of the April to June 2025 quarter, reflecting a quarterly increase of 1.7% and a slight yearly decrease of 0.3%. This vibrant suburb continues to be an attractive option for buying, selling, and investing, despite slight fluctuations in the market.
- The median house price in Roxburgh Park is $683,000 for the April-June 2025 quarter.
- House prices have increased by 1.7% QoQ but decreased by 0.3% YoY.
- The median unit price stands at $505,000 with a 9.3% QoQ increase.
- Roxburgh Park has a population of 24,129 with a median age of 31.
- Median household income is $1,629 weekly, while median rent is $390 per week.
What do the numbers say in Roxburgh Park?
Roxburgh Park’s real estate market remains robust as detailed by Collings Real Estate’s data. The current median house price of $683,000 reflects the area’s stability, with a modest QoQ growth of 1.7%. In contrast, unit prices have surged by 9.3% over the same period, now at $505,000. This diverging trend points to a dynamic market worth closer inspection.
According to DataVic/REIV, these figures not only underline the area’s appeal but also highlight a slight YoY downward trend of 0.3% for houses and 2.4% for units, suggesting potential opportunities for strategic investments. Roxburgh Park, with its population of 24,129 and a median age of 31, offers diverse demographic attributes that influence the property market. The Australian Bureau of Statistics (ABS) 2021 census indicates a median household income of $1,629 per week and a median rent of $390, which can inform both homebuyers and investors alike.
What are the key considerations for Roxburgh Park?
For those interested in buying or selling property in Roxburgh Park, understanding market trends is crucial. The suburb’s median house prices reflect the broader economic factors and local demand affecting real estate. Prospective buyers and sellers should consider the suburb’s demographics and the current trend of rising property values compared to other areas such as Thornhill Park and Keilor Park, where similar dynamics can be observed.
Additionally, those investing in Roxburgh Park should be aware of potential changes in local infrastructure and development projects, which can impact property values. The area’s median household income and rental prices are also critical factors for landlords and potential investors evaluating the rental market’s strength. The differences between house and unit price trends may indicate varying degrees of demand within these segments, guiding more informed decision-making.
How does Collings help buyers and sellers?
Partnering with Collings Real Estate offers buyers and sellers in Roxburgh Park an edge, thanks to tailored market insights and a comprehensive range of services. The team at Collings, located at 230 Waterdale Road, Ivanhoe, VIC 3079, provides expert advice guided by the latest market data and trends. Potential clients can reach out via phone at 03 9486 2000 or email at info@collings.com.au for personalized discussions and appraisals.
Utilizing Collings’ services, from property appraisals to understanding the local market’s nuances, can make a significant difference in decision-making. Whether it’s through the use of their portal for immediate market updates or engaging in direct consultations, Collings Real Estate equips clients with the necessary tools to succeed.
Frequently asked questions about Roxburgh Park property prices
Interested parties can gain access to Collings’ extensive insights on current property prices and trends through the portal. These tools allow prospective buyers, sellers, and investors to make well-informed choices.
Additionally, exploring Kings Park and Albert Park median prices may offer comparisons that guide investment decisions in diverse Melbourne suburbs. Understanding these comparisons and leveraging local expertise from professionals like Collings helps navigate the evolving market landscape.
To differentiate your approach in Roxburgh Park, whether buying or investing, consider requesting a free property appraisal today to stay ahead in this dynamic market.
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