Cannons Creek, VIC 3977, is a small suburb with a population of 650 residents. The age demographic is diverse, with a significant number of residents falling in the age groups 0-4 years, 5-19 years, and 45-64 years. The suburb offers a mix of occupations, with a notable presence of technicians and trade workers, followed by professionals and clerical/administrative workers. With a high sale price IQR ratio and a slightly above-average rental yield, Cannons Creek may appeal to investors looking for potential renovation opportunities within the housing market. The suburb has shown a decline in median growth but has recorded positive growth over the long term. However, the vacancy rate is somewhat high compared to other suburbs. Cannons Creek, VIC 3977, is a small suburb with a diverse demographic profile and a mix of occupations. It presents investment opportunities primarily in the housing market for renovators, despite some fluctuations in growth metrics. Homebuyers should consider the potential for long-term growth and the moderately high vacancy rate when looking into this suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022