Silvan

With a population of 1323 residents, Silvan is a peaceful suburb with a mix of age groups, from young children to older adults. Residents have a high median household income and engage in various occupations, with a notable number in managerial and technical roles. Commuting trends show a preference for motor vehicles but a significant segment works from home. Silvan presents a unique opportunity for property investors interested in houses. The suburb has a moderate sale price range with a high median growth rate over ten years. The low vacancy rate, moderate rental yield, and historical growth patterns make it appealing for long-term investment strategies. Silvan, located in VIC 3795, offers a tranquil lifestyle with good earning opportunities for residents. For property investors focusing on houses, Silvan provides a promising investment landscape with steady growth potential and a mix of rental and ownership opportunities. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022