Canadian

CANADIAN, VIC 3350 is a suburb with a total population of 4098 residents. The age group of 5 to 19 years has the highest representation. The median weekly household income is $1,438. The top three occupations are Professionals, Managers, and Community and Personal Service Workers. The suburb offers various commuting options, with a significant number of residents working from home. For Houses, the suburb has a high market absorption rate and low vacancy rate, indicating high demand. The sale price growth over the past 10 years has been substantial, making it potentially attractive for long-term investment. The suburb also has a good room demand-supply ratio. For Units, the market absorption rate is lower than Houses, suggesting a more balanced market. Additionally, the rental yield for Units is slightly higher than for Houses. CANADIAN, VIC 3350 presents an opportunity for property investors looking for a suburb with high demand for both Houses and Units. With strong population growth projections and a good mix of occupations, the suburb offers a favourable environment for both homeowners and investors. The high educational advantage of students further enhances the appeal of the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022