Cambrian Hill

CAMBRIAN HILL, VIC 3352 is a small suburb with a population of 292 residents. The area has shown steady population growth over the years, particularly in the age brackets of 5 to 19 years and 45 to 64 years. Residents have a median household income above average, and a high percentage of individuals commute by motor vehicle. The suburb offers a mix of occupations, with technicians and tradeworkers being the most prominent, followed by managers and clerical/administrative workers. For House investments, CAMBRIAN HILL presents a moderate opportunity for investors looking for potential rental yields. With a balanced stock on market rate and a high market absorption rate, there is a positive outlook for capital growth. The median growth rate is also quite promising. The low vacancy rate indicates demand but also possible opportunities for property improvements to attract tenants. CAMBRIAN HILL, VIC 3352 is a suburb with a growing population and a well-balanced mix of occupations. It offers moderate investment prospects, especially for Houses, with potential for good rental yields and capital growth. Homeowners may find value in the steady growth trends and the convenience of commuting by motor vehicle. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022