Seaford

Seaford, VIC 3198 is a growing suburb with a diverse range of age groups, including a significant number of young adults and middle-aged residents. The median weekly household income is average, and the most common occupations are professionals, technicians and trade workers, and managers. The suburb has good access to public transport, with a notable number of residents working from home. Additionally, there is a low social housing ratio and a range of commuting options available to residents. For house investors, Seaford presents an opportunity for potential renovation projects due to the high Sale Price IQR ratio, indicating variability in property prices. With a high market absorption rate, low vacancy rate, and strong room demand-supply ratio, the suburb shows positive signs of buyer demand and rental yield potential. On the other hand, the unit market also displays promising investment opportunities with a competitive rental yield, low vacancy rate, and steady median growth rates. Seaford, VIC 3198 offers a vibrant lifestyle with a mix of age groups and good access to amenities and public transport. The suburb presents lucrative investment opportunities for both house and unit investors, with strong demand for rental properties and potential for capital growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022