Strathewen

Strathewen, VIC 3099 is a small suburb with a population of 198 residents. The demographics skew towards the middle-age group, with a good mix of occupations, including managers, professionals, and technicians/tradeworkers. The suburb offers a peaceful lifestyle away from the hustle and bustle of urban areas, with a significant proportion of residents working from home. The educational advantage of students in government schools ranks in the 68th percentile. For house investors, Strathewen presents a unique opportunity with a high sale price IQR ratio, indicating potential for renovators. The suburb has shown strong median price growth over the past 5 and 10 years. The high online search interest suggests a demand for properties in the area. With a rental price below the nearby suburbs and a rental ratio of 19%, investors could capitalise on rental returns. Strathewen, VIC 3099 offers a tranquil living environment with a close-knit community. Residents enjoy a rural lifestyle while still having access to essential amenities. Investors, especially those interested in house renovations, may find opportunities in the suburb given its growth potential and rental demand. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022