Seddon

Seddon, VIC 3011 is a vibrant suburb with a diverse demographic profile. The population skews towards young adults and families, with a significant number of residents in the age groups of 20 to 44 years. The suburb offers a good mix of occupations, with professionals, managers, and technicians/tradeworkers being the top three. Residents have various commuting options, with a notable percentage opting to work from home. Educational opportunities are strong, with a high ICSEA percentile for government schools. For house investors, Seddon presents a stable market with steady growth potential. The suburb has a moderate property count and low vacancy rates, signalling a competitive market. The high median household income and low social housing ratio indicate a desirable area for homeownership. The property market shows good buyer demand, with a promising market absorption rate. If looking to invest in units, Seddon offers opportunities for higher rental yields due to lower prices and a higher sale price IQR ratio, making it attractive for investors looking for higher returns. Seddon, VIC 3011 is a thriving suburb suitable for both homeowners and investors. With a strong sense of community, good infrastructure, and a range of amenities, it offers an attractive lifestyle. The property market in Seddon is competitive, with potential for capital growth and rental returns depending on whether one is interested in houses or units. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022