Bushfield

Bushfield, VIC 3281 is a small suburb with a population of 596 residents. The age distribution is well-balanced across different age groups, with a slight majority of residents falling in the age group of 45 to 64 years. The median household income is above average, and the suburb has a mix of occupations, with the top three being professionals, technicians and tradeworkers, and clerical and administrative workers. The suburb offers a peaceful lifestyle with a mix of commuting options including motor vehicles and working from home. For investors interested in houses, Bushfield presents opportunities for renovation projects due to a moderate Sale Price IQR Ratio. The suburb has shown a notable median growth rate in the past 5 years, making it potentially attractive for long-term investment. The rental market in Bushfield has a vacancy rate slightly higher than ideal, indicating potential opportunities for investors with properties to capitalise on this demand. Bushfield, VIC 3281 offers a peaceful lifestyle with a good mix of residents across different age groups. For investors interested in houses, the suburb presents opportunities for renovation projects and long-term capital growth, considering the past median growth rates. The rental market in Bushfield may provide opportunities for property investors to meet the demand. Overall, Bushfield is a suburb worth considering for both home buyers and property investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022