Vaughan

VAUGHAN, VIC 3451 is a small suburb with a population of 55, skewed towards older age groups. The median household income is relatively high at $2,125 weekly. The suburb has a mix of occupations, with a notable presence of Managers, Professionals, and Community and Personal Service Workers. Commuting by motor vehicle is the preferred mode, but a significant portion also works from home. The housing market in VAUGHAN, VIC 3451 shows a low affordability index, coupled with a historical median growth rate of -34.6%. With a limited number of properties and a low stock on market rate, the suburb may appeal to renovators or developers looking to capitalize on potential growth opportunities. However, investors should proceed with caution due to the stagnant growth rates. VAUGHAN, VIC 3451 presents an affluent demographic profile with potential investment opportunities for those looking to undertake renovation projects or property development in the housing market. The suburb's low stock on market rate and high median household income could be attractive to certain buyer segments. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022