Homewood
3717 VIC
HOMWOOD, VIC 3717 presents a diverse age group distribution, with a significant percentage of residents aged 45 years and over. The suburb has a moderate median rent and household income, with a notable portion of residents working in managerial roles. The majority of residents rely on motor vehicles for their daily commute.
Investors interested in the suburb should consider the stable income levels of residents, indicating a potential for steady rental demand. The high proportion of residents in managerial positions may signify a preference for quality rental accommodation.
HOMWOOD, VIC 3717 offers a balanced mix of age demographics and steady income levels among residents. The suburb's reliance on motor vehicles suggests the importance of accessibility and parking provisions for potential property investments.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Homewood houses.
Median Price
—
# Sales
0
12M Growth
—
10Y Ave Growth
—
Why Buyers Look Here
Owner occupier appeal — 88% owner-occupied — strong community stability and pride of ownership.
Affluent area — IRSAD rank 61/10 — high socio-economic advantage.
Capital Growth
Pricing and long-term growth profile for Homewood houses.
Median Price
—
# Sales
0
12M Growth
—
10Y Ave Growth
—
Rental Market
Yield, rental pricing and vacancy performance for Homewood houses.
Weekly Rent
—
Rental Yield
—
Vacancy Rate
—
Rentals Last 12M
0
Supply & Demand
Stock levels, days on market and selling conditions for Homewood.
Stock on Market
4.1%
Days on Market
—
Building Approvals
—
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Homewood.
Population
70
Owner Occupiers
88%
Median Income
$61k
IRSAD Rank
61
Contact Buyers Agents
Looking to buy? Reach out to verified buyers agents that service Homewood.
