Hillcrest

Hillcrest, VIC 3351 is a small suburb with a population of 99 residents. The demographics skew towards middle-aged and older populations. The suburb has a balanced mix of occupations, with professionals, technicians, and tradeworkers being the top three occupations. The median household income is $1,562 per week, and the median mortgage repayment is $1,660 per month. The majority of residents commute by motor vehicle. Hillcrest shows potential for property investment, particularly for houses. With a low sale price IQR ratio and steady growth in median sale prices over the past years, it could be attractive for investors looking for renovation opportunities or long-term capital growth. The suburb also has a moderate level of online search interest, indicating demand. Hillcrest, VIC 3351, offers a quiet lifestyle with a close-knit community. The suburb presents investment opportunities, especially in the housing market, with a potential for renovation projects or long-term capital growth. Residents enjoy a peaceful environment with easy access to motor vehicle commuting options. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022