Legana

LEGANA is a growing suburb with a diverse age demographic, including a significant population aged between 5 to 19 years and 45 to 64 years. The median weekly income is above average. Most residents commute by motor vehicle, while a notable proportion work from home. For house investors, LEGANA presents opportunities with a high market absorption rate and relatively low vacancy rate. The suburb has shown consistent growth in median house prices over the past 10 years. Additionally, the room demand-supply ratio is favourable for rental property owners. Units also offer potential, with a strong market absorption rate and an increasing median price growth. LEGANA offers a family-friendly environment, attractive for both homebuyers and investors. The suburb's property market shows potential for capital growth and rental yield. With a median household income above average, it is a suburb with good investment prospects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022