Ashwood, VIC 3147 is a vibrant suburb with a population of 7154, experiencing steady growth over the years. The area has a diverse age group, with a significant number of residents aged between 20-44 years. The median weekly household income is $1,909, and the suburb offers a good mix of occupations, with professionals and managers being the top two occupational groups. Commuting options include train and motor vehicles, while working from home is popular among residents. The suburb has good educational facilities, with government schools ranking at the 79th percentile in terms of educational advantage. Ashwood presents investment opportunities for both Houses and Units. The suburb has shown strong market absorption rates, indicating high demand and potential for price appreciation. With low vacancy rates, there is a good demand for rental properties. The sale price median growth for Units has been notably positive over the past years, making it an attractive choice for investors. For renovators, the high Sale Price IQR ratio for both Houses and Units suggests potential in adding value through renovations. Ashwood, VIC 3147 offers a vibrant lifestyle with amenities catering to a diverse demographic profile. The suburb presents investment potential in both Houses and Units, with strong market absorption rates and positive growth trends. Residents enjoy good educational facilities and a range of commuting options, including the flexibility of working from home. For investors seeking rental properties or renovation projects, Ashwood proves to be a promising location. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022