Silvan, VIC 3795, a suburb with a population of 1323, skews towards families and older adults. The majority of residents fall within the 5-19 and 45-64 age groups. Most commuters use motor vehicles, with a significant portion working from home. The suburb offers a high level of educational advantage to students. With a high market absorption rate of 40.0%, Silvan presents a lucrative opportunity for property investors looking for houses. The suburb has a low vacancy rate of 1.2% and a strong median growth rate. Homebuyers interested in renovation projects might find the sale price IQR ratio of 60.4% appealing. Silvan, VIC 3795, offers a family-friendly and educationally advantaged environment. For property investors focusing on houses, the suburb's high market absorption rate, low vacancy rate, and significant median growth make it an attractive investment opportunity. The demographic composition suggests a community-oriented neighbourhood with good potential for long-term capital growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022