Shoreham, VIC 3916, is a small coastal suburb with a population of 679 residents. The area has a mix of age groups, with a significant number of residents aged 65 or over. The median household income is above average, reflecting a relatively affluent community. The suburb offers a serene coastal lifestyle with opportunities for outdoor activities. For property investors interested in houses, Shoreham presents a mixed picture. The suburb has a low vacancy rate, indicating a stable rental market. The market absorption rate is high, suggesting potential for capital growth. However, the median growth rate has been negative, so investors should carefully consider the future prospects of the area before investing. Shoreham, VIC 3916, offers a coastal lifestyle to its residents with a mix of age groups and relatively high median household income. For property investors considering houses in the area, the stable rental market and high absorption rate provide opportunities for long-term growth, although the recent negative median growth rate requires careful consideration. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022