Edithvale

Edithvale is a growing suburb with a diverse demographic profile. It has a good mix of age groups, with a significant proportion of residents being between 5 to 44 years old. The suburb offers a variety of commuting options, with many residents choosing to work from home. The educational advantage of students in government schools is relatively high, with an ICSEA percentile of 82.0. Edithvale presents investment opportunities in both Houses and Units. For Houses, the high room demand-supply ratio and low vacancy rate indicate good potential for rental income. The suburb has shown consistent median growth over the years, making it attractive for long-term capital growth. For Units, the high yield median and market absorption rate suggest a favourable environment for investors looking for rental returns. Edithvale, VIC 3196, is a vibrant suburb with a growing population and good amenities for residents. It offers a mix of housing options suitable for homeowners and investors alike. With strong rental demand indicators and steady growth rates, the suburb presents promising investment opportunities in both Houses and Units. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022