Quarry Hill

QUARRY HILL, VIC 3550 is a vibrant suburb with a diverse population of approximately 2365 residents. It offers a mix of age groups, with significant numbers in the 5 to 19 years and 20 to 24 years age brackets. The suburb has a moderate social housing ratio and boasts a median household income slightly above the national average. The community enjoys various commuting options, with a noteworthy proportion working from home. For Houses, QUARRY HILL presents an attractive opportunity for investors seeking properties with potential for renovation. The suburb's high Sale Price IQR Ratio indicates a good potential for capital growth through renovation projects. Additionally, the market absorption rate suggests a healthy demand for properties, potentially leading to price appreciation. For Units, the suburb offers stable rental yields with a low vacancy rate, making it a favourable location for investors seeking steady rental income. QUARRY HILL, VIC 3550 is a bustling suburb with promising investment prospects, both for House investors looking to capitalize on renovation opportunities and Unit investors seeking stable rental yields. With a growing population and convenient commuting options, the suburb provides a desirable lifestyle for residents and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022