Bonnie Brook

BONNIE BROOK, VIC 3335 is a small suburb with a population of 333 residents. The median household income is $1,625 per week. The majority of residents fall into the age groups of 20 to 24 years and 65 years or over. The top three occupations are Managers, Professionals, and Technicians and Tradesworkers. Many residents prefer to commute by motor vehicle, while a significant portion also works from home. The suburb lacks data on ICSEA Percentile for government schools, indicating a gap in educational information. For property investors interested in houses, BONNIE BROOK may be ideal for renovation opportunities due to a relatively high Sale Price IQR Ratio. The suburb has shown negative growth in the median house price over the past year, but has experienced strong growth over the past five years. With a high vacancy rate and a low market absorption rate, investors should be cautious. The rental yield is moderate at 4.0%. There is a high stock on market rate, which may indicate oversupply. BONNIE BROOK, VIC 3335 offers a quiet lifestyle with a mix of younger and older residents. The suburb presents potential for property investors looking for renovation projects in the housing market. However, the negative growth in the median house price over the past year and high vacancy rate suggest caution is needed. Residents enjoy convenient commuting options, with many preferring to drive or work from home. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022