Ashwood

ASHWOOD, VIC 3147 is a suburb with a population of 7,154 residents, experiencing steady population growth over the past years. The majority of the population falls within the age range of 25 to 64 years, with a significant number of professionals and managers residing in the area. Residents have a strong preference for commuting via motor vehicle, but there is also a notable portion working from home. The suburb boasts a high ICSEA value percentile for government schools, indicating a higher level of educational advantage for students. For homebuyers interested in living in ASHWOOD, the suburb provides a peaceful residential environment with good educational opportunities. Investors looking at Houses may find potential for renovation projects due to the high Sale Price IQR ratio, while those interested in Units could benefit from the strong rental yields. With a low vacancy rate and a moderate market absorption rate, ASHWOOD presents a stable market for property investment. ASHWOOD, VIC 3147 offers a family-friendly atmosphere with a mix of professionals and managers. The suburb has good public transport access, including train services, and a relatively high percentage of residents working from home. ASHWOOD is a suitable location for investors looking for renovation opportunities in Houses or seeking stable rental returns in Units. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022