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    Can you afford to live in Roxburgh Park?

    Roxburgh Park is a suburb in Victoria. Median rent is $506/week and the median house price is $685k.

    Median rent

    $506/wk

    Real

    Median price

    $685k

    Real

    20% deposit

    $137k

    Stamp duty

    $36k

    Roxburgh Park, Victoria
    Photo by Philip Mallis · CC BY-SA 2.0 · via Wikimedia CommonsWikipedia

    The numbers, in plain English

    To rent in Roxburgh Park without housing stress, a household income of about $88,000/year keeps the rent of $506/week at or below 30% of gross income, the standard affordability benchmark. That rent is the official median for a 3-bedroom house, the most common new lease here (705 bonds lodged). Check your income →

    To buy the median home ($685,000) with a 20% deposit of $137k, repayments at 6.85% over 30 years come to about $3,591/month: comfortable on roughly $144,000/year under the same 30% rule. Saving that deposit at $1,500/month takes about 7.6 years, before stamp duty of $36k ($20k for eligible first home buyers). Run your own loan →

    That price is the real median of 327 house sales in Roxburgh Park, published by the state land authority, not an estimate.

    Compared to the rest of Victoria, Roxburgh Park is more expensive to buy than 86% of the state's suburbs (state median $330k) and pricier to rent than 75% (state median $445/week). It sits roughly 21 km from the Melbourne CBD as the crow flies.

    For investors, the median rent against the median price gives a gross rental yield of about 3.8% before costs. Net yield calculator →

    Modelled medians, not valuations. Every formula above is documented on our methodology page.

    Actual rents lodged here

    Bonds lodged, September 2025

    Measured median rents, not modelled, from every rental bond lodged with the Victorian RTBA in Roxburgh Park · a typical 3-bedroom house rents for $506/week.

    BedroomsTypeMedian rentBonds lodged
    3house$506/wk705
    4house$600/wk423

    Source: Victoria DFFH Rental Report (CC BY 4.0), moving-annual by suburb with at least 5 lodgements per figure. Updated quarterly. See data sources.

    Affordability by income

    $60k income

    Rent ($506/wk)

    Over budget

    Budget: $346/wk

    Buy ($685k)

    Repayments are a stretch

    $3,591/mo · deposit in ~15.3yr

    $90k income

    Rent ($506/wk)

    Affordable

    Budget: $519/wk

    Buy ($685k)

    Repayments are a stretch

    $3,591/mo · deposit in ~10.2yr

    $120k income

    Rent ($506/wk)

    Affordable

    Budget: $692/wk

    Buy ($685k)

    Repayments are a stretch

    $3,591/mo · deposit in ~7.7yr

    Based on 30% gross income rule for rent; 6.85% p.a. / 30-year P&I loan at 20% deposit for purchase; 15% savings rate for deposit timeline.

    Upfront buying costs

    Purchase price$685k
    20% deposit (no LMI)$137k
    Stamp duty (Victoria)$36k
    Stamp duty (first home buyer)$20k
    Conveyancing (est.)$1,500 – $3,000
    Building inspection (est.)$400 – $700
    Total upfront (est.)$176k

    Who lives here & what's nearby

    Real figures for Roxburgh Park. Measured, not modelled.

    Median household income
    $95k
    per year (ABS Census)
    Median age
    31
    years
    Socio-economic (SEIFA)
    63/100
    ABS 2021, national scale, higher is less disadvantaged
    Owner-occupied
    71%
    26% rented
    Housing mix
    Mostly houses
    91% houses · 1% units
    Nearest train station
    1.6 km
    Nearest hospital
    3.4 km
    Schools nearby
    10

    How Roxburgh Park compares

    • Households here earn about 32% more than the typical suburb in Victoria.
    • Younger than average, a median age of 31 vs 46 statewide.

    Demographics and tenure from the ABS 2021 Census; the socio-economic score is the ABS SEIFA 2021 index of relative disadvantage, scaled 0–100 against every Australian postcode; distances and school counts from OpenStreetMap. Comparisons are against the median suburb in Victoria. Suburb-level price trends aren't shown because no open source publishes them reliably yet, see our data sources.

    What's around Roxburgh Park

    Parks, markets, sport, libraries and community places nearby.

    Parks & green space
    • Woodlands Park100 m
    • Kirwan Park Reserve200 m
    • Boyden Square300 m
    • Kirwan Park400 m
    Community
    • Craigieburn Community Services Hub1.8 km
    • Serenity Community Centre2.1 km

    Places within about 3 km, from OpenStreetMap contributors, with distances as the crow flies. Something missing or moved? Tell us.

    Compare Roxburgh Park with another suburb →

    Get to know Roxburgh Park

    Video tours, maps and community groups for Roxburgh Park.

    Neighbourhood scores

    Indicative scores based on ABS Census data modelling. Always conduct your own research.

    Safety
    72/100
    Above average
    Schools
    78/100
    Excellent
    Lifestyle
    80/100
    Excellent

    Related reading

    Government schemes that may apply

    5% Deposit Scheme

    Buy with a 5% deposit and no LMI. No income test and no limit on places since 1 October 2025; price caps vary by area.

    Learn more →

    First home owner grant

    $10,000 towards a new home valued up to $750,000, for eligible first home buyers.

    Learn more →

    First Home Super Saver (FHSS)

    Save up to $50k inside super (taxed at 15% instead of marginal rate), then withdraw for a deposit.

    Learn more →

    Stamp duty concessions

    On Roxburgh Park's median of $685,000, a VIC first home buyer pays about $20,496 instead of $36,170, roughly $15,674 less.

    Learn more →

    So what now?

    The questions these numbers usually raise, and where to get each one answered.

    Getting the place inspected

    A licensed inspector checks for structural and pest problems before you exchange contracts.

    Someone to handle the legal side

    A conveyancer reviews the contract, runs the title searches and manages settlement.

    Conveyancing quote ↗Not a paid link

    We do not rank these or say which is best: that would be advice, and we are not licensed to give it. Where a link pays us it says so beside the link, and it never changes what we show or the order we show it in. Our methodology explains every figure above.

    Nearby suburbs in Victoria

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    Rent data for Roxburgh Park sourced from the ABS 2021 Census, scaled by rental CPI to current values. Calculations use 30% gross income rule, 20% deposit, 6.85% p.a. loan rate over 30 years. Not financial advice.

    General Advice Warning

    The information on this site is general in nature and does not consider your personal circumstances, financial situation, or needs. Before acting on any information, you should consider its appropriateness having regard to your own situation and seek professional advice from a licensed financial adviser, mortgage broker, accountant, or solicitor.