Shelbourne

Shelbourne, VIC 3515 is a small suburb with a population of 423 residents. The area has a mix of age groups, with a significant portion falling in the 45 to 64 years range. The median household income weekly is $1,765 with a low rented ratio of 6.1%. Most residents commute by motor vehicle, while a noteworthy percentage work from home. The suburb offers a peaceful lifestyle with opportunities for those looking for a quiet residential area. With a high median growth rate and low stock on market rate, Shelbourne presents investment potential for home buyers interested in purchasing houses. The suburb's sale price IQR ratio suggests it might be a good area for renovators due to potential property value fluctuations within the range. Additionally, the estimated resident population growth over the past few years indicates increasing demand for housing in the area. Shelbourne, VIC 3515 is a tranquil suburb suitable for families and individuals seeking a quiet residential setting. For property investors looking at houses, the suburb's market conditions indicate opportunities for capital growth and renovation projects. The low rented ratio and steady population growth also suggest a stable market with potential for long-term investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022