Notting Hill

Notting Hill, VIC 3168 is a suburb with a growing population that has seen consistent growth over the past years. The age distribution is diverse, with a significant portion falling within the 20-34 age bracket. The median household income is above average. There is a good mix of occupations, with professionals being one of the prominent groups. The suburb offers various commuting options, with a notable percentage working from home. For houses in Notting Hill, the sale prices exhibit a significant Interquartile Range, suggesting potential for renovations. The rental yield is moderate, and there is room for growth in both property prices and rental demand. The market for units presents a better rental yield compared to houses, with a lower vacancy rate. Investors may find units to be a more lucrative option in terms of rental returns. Notting Hill, VIC 3168 is a suburb with a promising investment potential, catering to both homeowners and property developers. The diverse demographics, coupled with the growing population, indicate a thriving community. With good infrastructure and access to various amenities, the suburb offers a comfortable lifestyle for residents and a sound investment opportunity for buyers seeking long-term growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022