Maddingley

Maddingley has a growing population with notable proportions in the age groups of 20-24 and 25-34 years. The suburb offers various commuting options with a significant number of residents opting to work from home. The most prominent occupations include professionals, managers, and technicians/tradeworkers. Additionally, the suburb has a mix of residents from various occupations, indicating a diverse community. For houses, Maddingley presents an opportunity for investors interested in renovating properties, indicated by a high sale price IQR ratio. With a rental yield slightly above the median, there is potential for steady rental income. Units in the suburb have shown strong growth in median prices over the past few years, making them an attractive option for investors looking for capital appreciation. Maddingley is a suburb experiencing population growth and offering a diverse community mix. Residents enjoy multiple commuting options, including a significant number working from home. Investors interested in renovating properties may find opportunities in the housing market, while units present strong capital growth potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022