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Suburb Insights · VIC 3064

Roxburgh Park, VIC 3064 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Roxburgh Park is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 24,129, making it a sizeable community. Located approximately 21 km from the Melbourne CBD, Roxburgh Park is a middle ring area in Victoria. The median household income is $84,708 per year.

Investment Score

62 / 100 Good

Roxburgh Park has a solid income profile that supports reliable occupancy rates.

Location

Melbourne
Roxburgh Park
Victoria · 3064
21 km from Melbourne CBD
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Key Indicators

Postcode
3064

Official Australia Post postcode for Roxburgh Park. A postcode may cover multiple suburbs.

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Population
24,129

Usual resident population at the most recent census.

Median weekly rent
$390/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$84,708/yr

Annual median household income (before tax) across all households.

Distance to CBD
21 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
6

Estimated 6 schools within or near this suburb.

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Parks & green spaces
10

Estimated 10 parks and green spaces near this suburb.

Median monthly mortgage
$1,733/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
86% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Roxburgh Park

Who Roxburgh Park Suits

👨‍👩‍👧Families6 schools nearby, 86% separate houses.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Victoria median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Victoria median, improving cash-flow margins.
  • Access to several schools nearby (around 6).
  • Local parks and reserves (around 10) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Traffic can build during peak hours, especially on arterial roads.
  • Prices may rise further as demand continues.

Investment Insight

With 24,129 residents, Roxburgh Park is one of Victoria's more populous suburbs — roughly 3.3× the state median of 7,416 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Household income of $84,708/year is 11% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $390 equates to $1,690/month — about 98% of the median mortgage repayment of $1,733/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 21 km from Melbourne places Roxburgh Park in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 24% of household income — a useful sanity check on tenant affordability.

Roxburgh Park vs Victoria Median

How Roxburgh Park stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Roxburgh Park sits above the state median; negative means below.

MetricRoxburgh ParkVIC medianΔ vs state
Population24,1297,416+225%
Median household income$84,708/yr$95,160/yr-11%
Median rent (weekly)$390$380+3%
Median mortgage (monthly)$1,733$1,950-11%
Distance to CBD21 km32 km-34%
Separate houses86%78%+8pp

Investor Checklist

Pre-inspection briefing for Roxburgh Park — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Roxburgh Park's 24,129-person market and $84,708 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $390/week (~$1,690/month) covers 98% of the $1,733/month median mortgage repayment, so the shortfall sits at just $43/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 86% houses in a 24,129-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Roxburgh Park property

Full Property Analysis

30-year projections for Roxburgh Park

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital-growth expectations for Roxburgh Park are modest for 2026 — incomes 11% below the VIC median of $95,160 suggest gains will lag headline metro markets. Rental coverage runs at ~98% of the typical mortgage ($1,690/month rent vs $1,733/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 62/100 places Roxburgh Park in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Roxburgh Park a good suburb for investment?

Roxburgh Park scores 62/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 24,129, median household income of $84,708/year and median weekly rent of $390. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Roxburgh Park?

The main demand drivers in Roxburgh Park are proximity to Melbourne (21 km), a median household income of $84,708/year, a dwelling mix that is 86% separate houses, roughly 6 schools and 10 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Roxburgh Park?

Roxburgh Park has a usual resident population of approximately 24,129, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Roxburgh Park from the Melbourne CBD?

Roxburgh Park sits 21 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Roxburgh Park?

The most recent census recorded a median weekly rent of $390 in Roxburgh Park, equating to approximately $20,280/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Roxburgh Park?

The median monthly mortgage repayment in Roxburgh Park is $1,733, or approximately $20,796/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Roxburgh Park cash-flow positive for investors?

A median weekly rent of $390 works out to $1,690/month, covering 98% of the median mortgage repayment of $1,733/month. That leaves a $43/month shortfall (around $516/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Roxburgh Park?

The main risks are interest-rate sensitivity on the $1,733 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Roxburgh Park profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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