Lyndhurst

LYNDHURST, VIC 3975 is a growing suburb with a diverse age range, a relatively high median household income, and a good mix of occupations. The majority of residents are aged between 5 to 44 years, indicating a family-friendly environment. The suburb has decent commuting options, with a significant percentage of residents working from home. The educational advantage of students in government schools is average. For House investors, LYNDHURST presents a potential opportunity for renovators due to a high saleprice IQR ratio. The market absorption rate suggests a balanced market offering good growth potential. In terms of Units, the suburb may be appealing for buyers seeking stable rental yields, as the vacancy rate is low and the yield median is relatively high. LYNDHURST, VIC 3975 offers a promising opportunity for property investors, especially those looking to tap into the renovation market for Houses or secure stable rental income from Units. The suburb's growth in population and the mix of demographics indicate a vibrant community suitable for both homeowners and investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022