Roxburgh Park is a large suburb in Victoria within the Hume local government area (postcode 3064). With a population of 24,129, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $85K per year, with an average household size of 3.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Lebanese.
The median house price in Roxburgh Park is $660,000, having increased 4.3% over the past year. Units have a median price of $483,000 (+1.6% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Roxburgh Park is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 5 rail stations, 56 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Roxburgh Park offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($660K/$875K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +4.3% year-on-year.
Roxburgh Park is a large suburb in Victoria within the Hume local government area (postcode 3064). With a population of 24,129, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $85K per year, with an average household size of 3.7 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Lebanese.
The median house price in Roxburgh Park is $660,000, having increased 4.3% over the past year. Units have a median price of $483,000 (+1.6% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Roxburgh Park is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 938, which is below the national average of 1,000. Public transport access includes 5 rail stations, 56 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Roxburgh Park offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($660K/$875K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +4.3% year-on-year.