Hepburn

With a population of 631 residents, Hepburn has shown steady population growth over the past few years. The suburb has a good mix of age groups, with a significant number of residents aged between 5 to 64 years. The median household income is above average, indicating a relatively affluent community. Commuting patterns show a preference for motor vehicles, while a notable percentage works from home. Hepburn presents an interesting opportunity for property investors interested in houses. The suburb has a low social housing ratio and a relatively low vacancy rate, indicating a stable housing market. The high sale price IQR ratio suggests potential for renovators. However, it is crucial for investors to carefully evaluate the market due to the negative median growth in sale prices. Hepburn, VIC 3461 is a small suburb with a growing population and a diverse demographic profile. Homeowners looking to settle in a peaceful area with a strong community feel may find Hepburn appealing. Investors focusing on house properties should consider the suburb's potential for renovation projects, despite the recent negative median growth in sale prices. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022