Longwood

LONGWOOD, VIC 3665 is a small suburb with a population of 263. The community is diverse, with a mix of age groups represented. The suburb offers a good balance between work commutes by motor vehicle and a significant portion of residents who choose to work from home. The educational advantage of students in government schools is at a moderate level, with an ICSEA percentile of 58.0. The median household income is comparatively lower, indicating an affordable living cost for residents. Longwood presents an opportunity for property investors looking for houses. With a median growth of 52.9% and a sale price median growth of 353.8% over 10 years, the suburb shows potential for long-term capital growth. The low stock on market rate of 3.1% suggests limited supply, potentially leading to increased property values. The high buyer demand indicated by online search interest further supports the investment prospects in Longwood. Homeowners looking to live in the suburb can benefit from the affordable housing options and peaceful community atmosphere. LONGWOOD, VIC 3665 is a suburb with investment potential for those interested in the housing market. The area offers affordable living options and a diverse community mix. With good growth trends and high buyer demand, Longwood presents an attractive opportunity for property investors looking for long-term capital gains. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022