Rowville

Rowville, VIC 3178 is a suburb with a diverse demographic mix, with a median household income above the national average. The population is seeing slight growth over a one-year period. The suburb offers a range of commuting options, with a significant percentage working from home. The educational advantage of students in government schools is relatively high. For house buyers and property developers, Rowville presents an opportunity due to the high sale price IQR ratio, suggesting potential for renovations and value-add opportunities. The market absorption rate is above 20%, indicating a potentially rising market. For unit buyers, the suburb shows a lower median growth rate but offers a decent rental yield. Units also have a high sale price IQR ratio, providing opportunities for strategic investments. Rowville, VIC 3178 is a suburb with good potential for property investment, both for those looking to buy houses for renovation or development and for those interested in units for rental income. The suburb's demographic diversity, commuting options, and educational advantages make it an attractive location for homeowners and investors alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022