Chewton Bushlands

CHEWTON BUSHLANDS, VIC 3451 is a small suburb with a population of 50 residents. The majority of residents fall within the age group of 45 to 64 years. The suburb has a high percentage of residents working in managerial and professional occupations, indicating a relatively affluent community. With a moderate percentage of residents working from home, the suburb offers a peaceful environment for remote work. The House market in CHEWTON BUSHLANDS presents opportunities for renovation due to a high Sale Price IQR Ratio, suggesting a potential for finding renovators. The suburb has shown a decline in median growth over the past few years, which may appeal to buyers looking for lower-priced properties. However, the low stock on market rate indicates limited availability. Investors should consider the long-term appreciation potential due to the affordability index being at the lowest percentile. CHEWTON BUSHLANDS, VIC 3451 is a peaceful suburb with a small population and a high proportion of residents in managerial and professional occupations. The House market offers opportunities for renovation projects, but investors should be aware of the declining median growth and low stock availability. The suburb's remote work-friendly environment and affordability index make it an interesting prospect for homebuyers and investors looking for long-term gains. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022