Kinglake West

Kinglake West is a small suburb with a population of 1305, where the majority of residents fall in the age groups of 5 to 19 years and 45 to 64 years. The median household income is above average. The suburb has a mix of occupations, with the top three being Technicians and Tradesworkers, Managers, and Professionals. The commuting preference mainly involves motor vehicles, while a significant portion also works from home. With a high market absorption rate and steady population growth, Kinglake West presents potential opportunities for property investors interested in renovating houses. The suburb's affordability index is favourable for buyers, suggesting a good investment environment for the long term. Kinglake West, VIC 3757, offers a peaceful lifestyle with a close-knit community and a mix of demographic groups. For property investors, the suburb provides a promising opportunity in the housing market, especially for those looking to renovate and add value to properties. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022