Symonston

Symonston is a small suburb with a population of 655 residents. It has a mix of age groups, with the largest being those aged between 45 to 64 years. The median household income is $841 per week. The most common occupations are Technicians and Tradeworkers, Labourers, and Clerical and Administrative Workers. The suburb offers options for different commuting methods and a small percentage of residents work from home. For houses in Symonston, the median sale price is relatively affordable, with a high rental yield of 11.1% indicating good returns for investors. The suburb has a slightly higher vacancy rate, which could suggest a competitive rental market. Units in Symonston also provide a good rental yield at 7.6%, with a lower vacancy rate compared to houses. The sale prices for units have a wider range, making it potentially suitable for investors seeking a more diverse property portfolio. Symonston, with its affordable housing options and good rental yields, presents opportunities for investors looking to enter the property market. The suburb's demographics indicate a mix of age groups and occupations, providing a diverse community for homeowners and renters alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022