Buxton

Buxton, VIC 3711, is a small suburb with a population of 591. The area has a diverse age range, with a majority falling in the 45 to 64 years bracket. Residents have a median household income of $1,367 per week. The suburb offers moderate educational advantages, with an ICSEA percentile of 28.0. Commuting patterns primarily involve motor vehicles, but a notable percentage work from home. Buxton presents a relatively stable property market with a balanced supply-demand dynamic. The suburb has shown a slight increase in building approvals, indicating potential growth. With a low market absorption rate, there is a balanced buyer-seller ratio. Homeowners may find the suburb appealing for its affordability index and moderate rental yield. The suburb attracts interest based on online search activities. Buxton, VIC 3711, offers a tranquil lifestyle with a close-knit community. The suburb provides investment opportunities for those seeking a stable property market, moderate rental yields, and potential growth due to increased building approvals. Homeowners can benefit from the affordability index and the balanced market conditions in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022