Nunawading, VIC 3131, is a vibrant suburb with a population of 12,413 residents. The area has a diverse age group distribution, with good representation across different age brackets. The suburb boasts a high proportion of professionals, managers, and technicians/tradeworkers, indicating a strong employment base. Residents enjoy a comfortable median household income, and many opt for motor vehicles as their primary mode of commute. With various commuting options available, including WFH, Nunawading provides a balanced lifestyle for its residents. For house investors, Nunawading presents an opportunity with a relatively high sale price IQR ratio. With a market absorption rate above 30%, there is a strong demand for houses, suggesting potential for capital growth. The suburb also shows a low vacancy rate and a high room demand-supply ratio, making it a favourable location for investors. House owners interested in renovating may find opportunities given the variance in sale prices. For unit investors, Nunawading demonstrates a high market absorption rate and low vacancy rate, indicating strong demand. Investors may also benefit from the suburb's growth potential and steady rental yields. Nunawading, VIC 3131, offers residents a balanced lifestyle with good amenities and transport options. The suburb appeals to a range of demographics, including professionals and families. For property investors, both houses and units in Nunawading show promising indicators, with opportunities for capital growth and steady rental yields. House investors seeking renovation projects may find the suburb particularly attractive. Overall, Nunawading presents a dynamic property market with potential for long-term investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022