Flemington, VIC 3031 is a vibrant suburb with a diverse demographic profile. The population has shown growth over the past year, with a mix of age groups represented. Residents have a median household income slightly above average and a range of commuting options, including a significant number working from home. The suburb boasts a moderate level of educational advantage for students in government schools. For houses in Flemington, the suburb presents a balanced market. With a high market absorption rate and low vacancy rate, there is strong buyer demand, indicating potential for price appreciation. Additionally, the suburb has a good mix of occupations among residents, which is positive for long-term property investment. For units, there is a high rental yield and a high room demand-supply ratio, making it attractive for investors seeking rental income. Flemington, VIC 3031 offers a desirable lifestyle with good growth potential for property investors. The suburb's market dynamics differ slightly between houses and units, providing opportunities for both capital growth and rental yield. The diverse demographics and commuting options contribute to the suburb's appeal for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022