Bentleigh

Bentleigh, VIC 3204 is a vibrant suburb with a total population of 17,921 residents. The demographic data shows a diverse age distribution, with significant numbers of residents in the age groups of 5-19 years and 45-64 years. The suburb boasts a median household income above average and a high percentage of residents working in managerial and professional occupations. Commute options are varied, with many residents using motor vehicles. The suburb has a strong educational advantage for students attending Government schools. For house investors interested in Bentleigh, the suburb offers a high median growth rate and relatively low vacancy rate. With a decent rental yield, properties may appeal to investors looking for steady rental income. The sale price IQR indicates potential opportunities for renovators. On the other hand, unit investors can benefit from a market absorption rate above 20%, signaling higher demand. The units have shown consistent growth rates over the years, making them attractive for long-term investment. Bentleigh, VIC 3204 presents a mix of investment opportunities for both house and unit investors. The suburb's strong demographic profile, convenient commute options, and educational advantages make it an appealing location for families and professionals. With steady population growth and a good mix of residents in various occupations, Bentleigh promises a dynamic property market suitable for both living and investing. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022