Silkstone has experienced strong growth over the past 12 months, with house prices rising by 24.8% to a median of $630,000. It has a young demographic (20 to 39 years) with a majority of owner-occupiers (67%). Houses in this area sell quickly, with a median time on market of just 17-20 days, reflecting strong buyer interest. Single households slightly outnumber families, and the suburb continues to show vibrant activity in both the housing and rental markets.
Demographics
Here is a quick overview about who lives locally, as provided by government census data.
Population
3,477
Average Age
20-39
67%
33%
Owner
Renter
41%
59%
Family
Single
Real Estate Performance
Here is a quick overview about recent real estate market performance