Drumcondra

Drumcondra, VIC 3215 is a suburb with a population of 571 residents. The age demographic is diverse, with a significant number of individuals aged between 45 to 64 years and 65 years or over. The median household income weekly is above average, with professionals being one of the top occupations in the area. The suburb has a high percentage of residents who commute by motor vehicle and a considerable number who work from home. For House Investors: Drumcondra presents opportunities for renovators due to a high Sale Price IQR Ratio. The suburb has shown stable growth over the past few years. For Unit Investors: Units in Drumcondra offer a higher rental yield compared to houses, making them an attractive option for investors looking for steady rental income. Drumcondra, VIC 3215, offers a diverse demographic profile with a focus on professionals and older residents. The suburb provides opportunities for both house and unit investors, with houses suitable for renovators and units offering a higher yield potential. With stable growth trends and a significant percentage of residents working from home, Drumcondra presents a mix of lifestyle and investment prospects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022