Eltham

Eltham, VIC 3095, with a population of 18,847 residents, offers a family-friendly environment with a notable proportion of residents aged 5-19 and 45-64 years. The suburb has a median weekly household income above average, and a majority of residents commute by motor vehicle. With a diverse range of occupations represented, including professionals and managers, it provides a well-rounded community. For houses in Eltham, the high market absorption rate and room demand-supply ratio suggest strong buyer demand and rental market potential. The suburb's above-average rental yield and minimal vacancy rate make it an attractive option for property investors. Additionally, the suburb's moderate discount median and low days on market indicate a competitive market. Units also present opportunities with a low vacancy rate, high market absorption rate, and a solid rental yield. Eltham, VIC 3095, offers a desirable lifestyle with its family-friendly atmosphere and convenient commuting options. For property investors, both houses and units present promising opportunities with strong buyer demand, competitive market conditions, and attractive rental yields. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022