Bendigo

With a diverse age range, Bendigo boasts a balanced mix of young families, professionals and retirees. Commuting options are varied, including motor vehicles and public transport, with a significant portion of residents working from home. The suburb offers a median household income which supports a comfortable lifestyle, and a moderate level of social housing. For houses, Bendigo presents a good opportunity for investors interested in renovation projects due to a high saleprice IQR ratio. The market absorption rate signifies high demand, potentially leading to future price growth. For units, the high yield median indicates good rental return potential. With a low vacancy rate and a growing population, units in Bendigo can be an attractive investment option. Bendigo, with its diverse demographics, presents opportunities for both homeowners and investors. Homeowners can enjoy a comfortable lifestyle with access to various amenities and commuting options. Investors can capitalize on the suburb's potential for renovation projects in houses and attractive rental yields in units, supported by a growing population and high demand for rental properties. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022