Kyabram

KYABRAM, VIC 3620 is a vibrant suburb with a population of 7416 residents. The majority of residents fall within the age groups of 5 to 19 years and 45 to 64 years. The suburb offers a mix of residents across various occupations, with a significant number in Technicians and Tradesworkers, as well as Managers and Professionals. The median household income is $1,174 per week, and the median rent is $220 per week. Residents mainly commute by motor vehicle and have a growing trend of working from home. For those interested in Houses, KYABRAM presents itself as a stable investment option with a solid rental yield and a healthy market absorption rate. The suburb's low vacancy rate indicates high demand for rental properties, making it attractive for property investors. The saleprice IQR ratio suggests good potential for renovation projects. On the other hand, the Unit market in KYABRAM offers promising opportunities with a high market absorption rate, low vacancy rate, and good room demand-supply ratio. KYABRAM, VIC 3620 is a well-rounded suburb for both homeowners and investors. With a good mix of residents, stable property market, and increasing demand for rental properties, it offers a balanced lifestyle and investment environment. The suburb's educational advantage and infrastructure further enhance its desirability for families and property developers alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022