Hilldene

Hilldene is a small suburb with a population of 330 residents. The age group distribution skews towards older individuals, with a significant number in the 45 to 64 years and 65 years or over categories. The suburb has a high percentage of residents commuting by motor vehicle and a decent proportion working from home. For potential property buyers interested in houses, Hilldene presents a unique opportunity with a low property turnover and high median growth rates over 3, 5, and 10 years. The low discount median suggests a strong market. Although predominantly owner-occupied, there is a small percentage of rented properties, indicating potential for rental demand. The online search interest is also relatively high, hinting at buyer demand. Hilldene, VIC 3660 is a small suburb offering a peaceful lifestyle, predominantly favoured by older residents. For property investors considering houses, the suburb shows promising signs with a strong median growth rate and low discount median, suggesting potential for capital growth. The high online search interest indicates a demand from potential buyers, making it an attractive prospect for both home buyers and investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022