Pearcedale

Pearcedale, VIC 3912 has a population of 3867 residents with a diverse age group distribution, excellent educational facilities with an ICSEA percentile of 54.0, and convenient commuting options including a significant WFH rate. The suburb predominantly consists of families and professionals. The suburb of Pearcedale presents a good opportunity for property investors interested in houses, with a healthy market absorption rate of 25.0% indicating high demand. The suburb has a moderate sale price IQR ratio of 34.0%, suggesting potential for renovators. Pearcedale has shown a positive median growth rate over 10 years, making it an attractive option for long-term property investment. Pearcedale, VIC 3912 offers a vibrant community with a focus on family living and professional occupations. The suburb provides good investment opportunities for those interested in the housing market, with a solid market absorption rate, moderate renovation potential, and positive long-term growth trends. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022