Aspendale Gardens

Aspendale Gardens, VIC 3195 is a family-friendly suburb with a population of 6,427. The area has a mix of residents across different age groups, with good access to public transport and a high percentage of residents working from home. The suburb offers a range of outdoor activities, parks, and is close to the beach for those who enjoy an active lifestyle. For house investors, Aspendale Gardens presents as a suburb with potential for renovation opportunities due to a relatively high Sale Price IQR ratio, indicating variability in property prices. Additionally, the suburb has a high market absorption rate, suggesting strong demand which may lead to potential capital growth in house prices. For unit investors, the suburb offers a stable rental market with a decent yield, although the growth rates are comparatively lower than houses. With a low vacancy rate and good room demand-supply ratio, investing in units in Aspendale Gardens can provide steady rental income. Aspendale Gardens, VIC 3195 is an attractive suburb for families and property investors alike. With a range of amenities, good public transport links, and a strong demand for housing, the suburb offers a desirable lifestyle coupled with investment potential. Whether you are considering settling down in the area or looking to expand your property portfolio, Aspendale Gardens presents itself as a promising location in the Melbourne real estate market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022