Hazelwood North, VIC 3840 is a small suburb with a population of 1,552 residents. The population is relatively stable with positive growth trends. The suburb has a good mix of age groups, with a sizable number of residents falling into the age brackets of 5 to 19 years and 45 to 64 years. The median household income is above average, and a majority of residents commute by motor vehicle. The education quality in the area is moderate, as indicated by the ICSEA percentile of 45.0. For house buyers, Hazelwood North presents an opportunity for potential investors looking for a renovator's dream. The suburb has shown a high sale price IQR ratio, suggesting variability in property prices and potential for renovation projects. While the median growth rate has seen a slight decline, the suburb has recorded a significant growth rate over the past 10 years, indicating long-term investment potential. With a market absorption rate of 10.0%, it may be considered a balanced market for investors. Hazelwood North, VIC 3840 offers a peaceful lifestyle in a small community with opportunities for property investors to explore. The suburb's stable population, mixed age demographics, and above-average income levels make it an attractive choice for families and professionals looking for a tranquil residential area. With a potential for renovators and a history of solid long-term growth, Hazelwood North 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