Campbellfield

Campbellfield, VIC 3061 is a suburb with a population of 4977 residents. The age demographic skews towards younger adults and families. The median household income is $1,110 weekly. The suburb offers a variety of commuting options, with a notable percentage working from home. The area has a mix of occupations, with technicians and trade workers, professionals, and clerical and administrative workers among the top three. The educational advantage level for government schools is relatively low, with an ICSEA Percentile of 14.0. For Houses: Campbellfield presents a good opportunity for investors interested in properties with renovation potential, as indicated by the moderate Sale Price IQR ratio. The high market absorption rate suggests a strong demand for properties, potentially leading to price growth. For Units: Investors may find Campbellfield appealing for unit investments. The suburb has shown strong median growth rates over different periods and a high market absorption rate, indicating a favourable market for unit investment. Campbellfield, VIC 3061, a suburb with a population of 4977, offers diverse housing options with good investment potential. For home buyers, the suburb provides a range of commuting options and a young demographic. The suburb's mix of occupations and moderate income levels cater to a variety of residents. Investors can benefit from the renovation opportunities in houses and the growth potential in units, supported by strong market absorption rates in both segments. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022