Lyonville

Lyonville, VIC 3461 is a small suburb with a population of 189. The demographic is diverse, with a mix of age groups represented. The median household income is moderate. The suburb has a high percentage of residents commuting by motor vehicle and a significant portion working from home. For house investors, Lyonville presents an opportunity for potential renovators given the high sale price IQR ratio, indicating variability in property prices. The rental yield is moderate at 5.0%. It is essential to consider the negative median growth rate and high Days on Market, suggesting a potentially slower market. The suburb's online search interest is relatively high. Lyonville, VIC 3461 offers a quiet lifestyle in a small community with diverse demographics. For house investors, there may be opportunities for renovation projects, although careful consideration of market trends is advised due to the negative median growth rate and high Days on Market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022