Viewbank

Viewbank, VIC 3084 is a vibrant suburb with a diverse demographic profile. The population is stable, with a slight increase in the last year. The majority of residents fall within the age range of 5 to 64 years, indicating a family-friendly environment. The suburb offers good commuting options, with a significant number of residents working from home. Educational opportunities are abundant, as evidenced by the high ICSEA percentile for government schools. Viewbank presents opportunities for both house buyers and investors interested in units. For house buyers, the suburb offers a range of properties with potential for renovation, as indicated by the high sale price IQR ratio. With a moderate market absorption rate, there is demand for housing, potentially leading to future price growth. For unit investors, the suburb boasts a healthy rental yield and strong historical growth rates, making it an attractive option for those looking to enter the investment market. Viewbank, VIC 3084 is a well-established suburb with a stable population and a range of housing options. Residents enjoy good access to amenities and have strong educational opportunities. The suburb presents investment opportunities for both house buyers looking to renovate and investors interested in units, thanks to its rental yield and growth potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022