Lexton

LEXTON, VIC 3352 is a small suburb with a population of 284 residents. The demographics show a mix of age groups, with a slightly older population comprising mainly of managers, technicians/tradeworkers, and professionals. The suburb has a high WFH rate and a majority commute using motor vehicles. Residents have a median household income above the national average. For House investments in LEXTON, the suburb has a moderate number of properties with a balanced market absorption rate. The high Sale Price IQR Ratio and low discount median suggest potential for renovators. The rental yield is decent with some growth potential. However, the low number of properties for sale might limit options for investors. LEXTON, VIC 3352 offers a quiet and comfortable lifestyle for residents, with good potential for House investors looking for renovation opportunities. The suburb's demographics indicate a stable and potentially growing market, making it a suitable choice for property buyers looking for long-term investment prospects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022