Safety Beach

Safety Beach, VIC 3936, is a vibrant suburb with a diverse range of age groups, with a significant proportion of the population falling into the 45 to 64 and 65 and over age brackets. The suburb offers a mix of occupations, with managers, professionals, and technicians/tradeworkers being the top three occupational groups. Residents enjoy a variety of commuting options, with a notable portion working from home. Safety Beach is well-connected, with access to public transport for those who commute using buses or trains. For house buyers, Safety Beach presents a stable market with a moderate yield, indicating potential for long-term growth. The suburb has a healthy market absorption rate and low vacancy rates, suggesting demand for rental properties. Investors interested in units may find opportunities with a higher yield than houses, although the growth rate has been relatively lower over recent years. Both segments have shown consistent resident population growth over the last decade, which can positively impact property values. Safety Beach offers a desirable lifestyle for residents of various age groups with a good mix of occupations. The suburb provides numerous commuting options, including a significant work from home population. For property investors, Safety Beach presents opportunities for steady returns, with houses showing stable growth potential and units offering a higher rental yield. The consistent resident population growth indicates a positive outlook for property values in the future. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022