Delacombe

Delacombe, VIC 3356 is a growing suburb with a population showing consistent increases over the past years. The majority of residents are aged between 20 to 64 years, with a significant number of professionals and technicians/tradeworkers. The suburb offers diverse commuting options, with a notable percentage of residents opting for WFH. There is a balanced mix of occupation types, indicating a well-rounded community. For houses, Delacombe presents a promising opportunity for investors looking to capitalize on renovation projects, given the high sale price IQR ratio. The market absorption rate suggests steady demand and potential for future capital growth. On the other hand, the unit market displays a higher market absorption rate indicating strong demand, especially for rental properties. The suburb's room demand-supply ratio indicates a potential for rental room investments. Delacombe, VIC 3356 offers a vibrant community with a mix of professionals and tradespeople. The suburb shows growth potential for both house and unit investments, with opportunities for renovations in the housing market and strong rental demand in the unit sector. It is a suburb worth considering for investors seeking capital growth and rental yield. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022