Upwey

Upwey, VIC 3158 is a vibrant suburb with a total population of 6818 residents. The area has a diverse age group, with significant numbers in the 5-19 years and 45-64 years brackets. The median household income is above average. The suburb offers various commuting options with a notable percentage of residents working from home. For houses, Upwey presents a good opportunity for investors interested in capital growth, given the suburb's high market absorption rate and low vacancy rate. The room demand-supply ratio suggests potential for homeowners interested in renting out rooms. For units, the rental yield is attractive, making it a potential choice for investors seeking stable rental income. Upwey, VIC 3158 is a well-connected suburb with a mix of residents across different age groups. It offers a comfortable lifestyle with good income levels and work-from-home options. The property market in Upwey presents opportunities for both capital growth in houses and stable rental income in units, making it an appealing choice for investors and homeowners alike. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022