Wandin North

Wandin North, VIC 3139, is a growing suburb with a population of 3132 residents. The demographic age groups are well-distributed, with a significant number of professionals and technicians/tradeworkers. The suburb offers a mix of housing options with a median household income slightly above the state average. Commute options include motor vehicles and a notable percentage of residents work from home. Wandin North presents a balanced real estate market with moderate demand and supply. The suburb has a low vacancy rate and a reasonable market absorption rate, indicating a stable property market. The sale price IQR ratio suggests potential for renovators. There is room for growth in the rental market with a high room demand-supply ratio. The suburb has seen positive median growth over 3 and 5 years for houses. Wandin North, VIC 3139, appeals to a diverse demographic range and offers a stable property market for investors and homebuyers. With promising growth in the housing sector, the suburb provides opportunities for both long-term capital gains and rental income. Residents benefit from good infrastructure and a balanced lifestyle conducive to both work and relaxation. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022