Donnybrook

Donnybrook is a growing suburb with a diverse age distribution, including a significant population of young adults aged 20-24. The median household income is relatively high, and there is a notable proportion of professionals and technicians/tradeworkers in the workforce. Commuting by car is the most common method, but there is also a substantial number of residents who work from home. The suburb offers a mix of housing options catering to different needs. For house investors, Donnybrook presents an opportunity with a moderate yield and affordable property prices compared to neighbouring suburbs. The suburb shows potential for value growth, supported by the steady population increase. With a high room demand-to-supply ratio, renting out rooms could be lucrative. For unit investors, the rental yield is slightly higher, and there is a good potential for capital growth as well. Donnybrook in VIC 3064 is a suburb experiencing population growth and boasting a high median household income. It offers good investment opportunities for both house and unit investors, with the potential for moderate to strong returns. The suburb's accessibility, demographic diversity, and WFH trend make it an attractive choice for both home buyers and investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022