Vectis

VECTIS, VIC 3401 is a small suburb with a population of 184 residents. The majority of residents fall within the age range of 45 to 64 years. The weekly median household income is higher than average at $2,104. The suburb has a good mix of occupations with Managers, Technicians and Tradesworkers, and Clerical and Administrative workers being the top three. The commute is primarily by motor vehicle, with a notable percentage working from home. For house investors, VECTIS presents as a stable market with a balanced supply-demand ratio. The suburb has a low Days on Market indicating high buyer demand. The median sale price is within a reasonable range, making it potentially attractive for first-home buyers. With a rental price median of $380 per week, investors could benefit from a decent rental yield. The sale discount median is low, suggesting properties are valued appropriately. For developers, the Building Approvals Ratio of 9.8% signals some development activity. VECTIS, VIC 3401 offers a peaceful lifestyle with a community skewed towards middle-aged residents. The suburb provides good opportunities for house investors looking for stable returns and potential growth. Homeowners can enjoy a balanced property market with decent rental yields. The presence of a mix of occupations indicates a diverse community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022