Warranwood

Warranwood, VIC 3134 is a suburb with a population of 4820 residents. The area has a diverse range of age groups, with a significant number of residents falling in the age categories of 5-19 years and 45-64 years. The suburb offers various commuting options, with a notable portion of residents opting to work from home. Additionally, the suburb has a high ICSEA percentile for government schools at 83.0, indicating educational advantages for students. For house investors, Warranwood presents a market with a balanced supply-demand ratio, a moderate yield, and a high absorption rate suggesting potential price appreciation. The suburb has a low vacancy rate indicating a stable rental market. Unit investors might find opportunities due to the high building approval ratio and a majority of units being rented out. Warranwood, VIC 3134 is a family-friendly suburb with good educational opportunities and a range of commuting options. House investors can benefit from the stable market conditions, while unit investors may find investment potential in the high rental demand. Overall, the suburb provides a mix of lifestyle benefits and investment opportunities for discerning buyers. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022