Ellerslie

ELLERSLIE, VIC 3265 is a small suburb with a population of 157 residents. The area is mainly occupied by families and individuals in their mid-20s to mid-60s. The suburb has a high percentage of residents commuting by motor vehicle, while a notable portion also works from home. With a median household income above the national average, residents enjoy a relatively affordable cost of living and commuting options. ELLERSLIE presents a potential opportunity for property investors interested in houses. With a low sale price median compared to neighbouring suburbs, high buyer demand as indicated by the online search interest, and a high rented ratio, it could be an ideal location for investors looking to capitalize on renovating properties. The suburb's low stock on market rate and discount median further highlight potential growth prospects for real estate investors. ELLERSLIE, VIC 3265 is a small and family-friendly suburb with a mix of residents across different age groups. Despite its small size, the suburb offers a range of opportunities for property investors, particularly in the housing market. The area's affordability and high demand for rental properties make it an attractive option for those looking to invest in renovating houses for potential capital growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022