Deanside

Deanside is a growing suburb with a young population, particularly aged between 5 to 24 years. The median household income is above average, and there is a high percentage of residents working in professional and managerial occupations. The suburb has a good proportion of residents who prefer to work from home. For Houses: With a high Sale Price IQR Ratio, Deanside may appeal to renovators looking to add value through property improvements. The market absorption rate is low, indicating a buyer's market. For Units: Deanside has a low stock on market rate, suggesting limited supply, which can be attractive for investors looking for less competition. However, the median growth for units has been negative. Deanside offers a family-friendly lifestyle with good income levels and educational opportunities. The suburb presents opportunities for both home buyers and investors, with potential for capital growth in the housing market and opportunities for less competition in the unit market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022