Mordialloc

Mordialloc, VIC 3195, is a growing suburb with a diverse mix of age groups, strong education levels, and convenient transport options. The median income is above average, reflecting a relatively affluent community. The suburb offers various commuting options with a significant number of residents working from home. There is a healthy balance between property owners and renters, with a strong demand for rental properties. Mordialloc presents opportunities for both house and unit investors. The suburb has shown resilience with a stable vacancy rate and a high market absorption rate signaling a seller's market. The suburb's strong population growth and low discount median make it an attractive investment option for those looking for steady returns. Mordialloc, VIC 3195, offers a vibrant lifestyle with good infrastructure, including proximity to schools, shopping facilities, and transport options. Investors can benefit from the suburb's stable property market, high demand for rental properties, and potential for capital growth over the long term. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022