Cabarita

Cabarita, VIC 3505 is a small suburb with a population of 482 residents. The median household income is above average, and the majority of residents fall within the age range of 25-64 years. The suburb has a mix of occupations, with managers, professionals, and technicians/tradeworkers being the top three categories. Commuting by motor vehicle is the most common mode of transportation. Educational opportunities in government schools are at an intermediate level according to the ICSEA percentile. For house investors, Cabarita presents an interesting opportunity due to a relatively high sale price interquartile range ratio, indicating potential for renovation projects. The suburb has a low stock on market rate, suggesting a stable market. Online search interest is moderate, indicating some buyer demand, with a slight decline in median growth. With a rental vacancy rate of 7.9%, there is potential for rental yields for property investors. Cabarita, VIC 3505 offers a peaceful lifestyle with a close-knit community. The suburb provides good opportunities for property investment, especially in the housing sector. Homeowners can enjoy the suburb's tranquillity while investors may find potential in renovation projects or rental properties. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022