Ardeer

Ardeer, VIC 3022 is a suburb with a total population of 3,170. The population is diverse in age groups, with an emphasis on the 20 to 24 and 25 to 34 age brackets. The suburb has a mix of occupations, with professionals, technicians and trade workers, and managers being the top three occupations. The median household income is relatively high, and the commute to work is mainly by motor vehicle and train. The suburb has a noticeable percentage of residents who work from home. The educational advantage of students in government schools falls around the 40th percentile. For investors interested in houses, Ardeer presents an opportunity with a high market absorption rate, indicating a potentially strong demand and potential for price appreciation. The suburb also shows a good rental yield for houses, making it attractive for buy-to-let investors. Additionally, the sale price growth over the past 5 and 10 years for houses has been impressive. For units, the suburb has a very high market absorption rate, suggesting a quick turnover for this property type. The rental yield for units is also quite attractive, making it a good option for investors looking for rental income. Ardeer, VIC 3022 offers a well-rounded lifestyle with its diverse population, good employment opportunities, and convenient commuting options. For potential homebuyers, the suburb provides a range of housing options with solid growth potential. Investors can benefit from the strong market absorption rates, impressive rental yields, and historical price growth trends in both the house and unit segments. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022