Sandhurst

Sandhurst, VIC 3977 is a growing suburb with a diverse age range of residents. The area has a high percentage of professionals and managers, indicating a concentration of white-collar workers. The median household income is above average, and many residents prefer to commute by car. The suburb offers a good work-from-home environment with a significant number of residents choosing to WFH. Residents have easy access to public transport options, and there is a good balance of residents across different age groups. For house investors, Sandhurst presents an opportunity for high growth potential as indicated by the high median growth rates and market absorption rate. The suburb also has a low vacancy rate, suggesting a strong demand for rental properties. With a high room demand-supply ratio, investors may find it profitable to rent out rooms in houses. For unit investors, although the market is smaller, the suburb still shows promising growth rates and room demand-supply ratio, making it a viable investment option. Sandhurst, VIC 3977 offers a vibrant lifestyle for residents with a range of amenities and good infrastructure. The suburb is particularly attractive for investors looking at both houses and units, given the high growth potential, low vacancy rates, and strong demand for rental properties. With a mix of professionals and managers, the suburb provides a conducive environment for property investment and living. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022