Heyfield, VIC 3858 is a small suburb with a population of 2050 residents. The area has a diverse age group, with a significant number of residents aged between 5 to 19 years and 65 years or over. The suburb offers a mix of housing options with a median rental price for houses and units that is comparatively affordable. It has a moderate social housing ratio and a reasonable median household income weekly. Residents mainly commute by motor vehicle, while a small percentage work from home. Heyfield presents potential opportunities for property investors interested in houses. With a moderate sale price range and a high saleprice Iqr ratio, it could be a suitable suburb for renovators looking to add value to properties. The area shows a steady growth rate in population and building approvals for both houses and units. Heyfield, VIC 3858 offers a quiet lifestyle with affordable housing options suitable for families and retirees. Investors may find opportunities in the housing market, especially those considering renovation projects. The suburb's steady population growth and reasonable rental yields make it an area worth considering for property development or long-term investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022