Gembrook

Gembrook, VIC 3783, has a diverse population with a mix of age groups, from young children to seniors. The suburb offers a range of commuting options including by train and car. The weekly median income for households is $2,002, with a majority of residents working in technical, professional, and trade occupations. For houses, Gembrook presents an opportunity for potential homebuyers seeking to renovate properties, given the high sale price IQR ratio. The suburb has seen a moderate population growth in recent years, indicating a stable and growing community. On the other hand, investing in units may provide steady rental returns, especially with the rental yield matching the house market. The ICSEA value for schools suggests a decent educational advantage for students in government schools. With affordable housing options, moderate rental yields, and a balanced demographic mix, Gembrook, VIC 3783, offers a peaceful yet growing community for both homeowners and investors. The suburb's proximity to public transport options and the potential for property value growth make it an attractive choice for those looking to settle in the area or seeking investment opportunities. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022