Wendouree

With a population of around 10,000 residents, Wendouree has experienced steady population growth over the past few years. The suburb has a diverse age range, with significant numbers of residents in the 20-34 and 45-64 age brackets. The median weekly household income is around the average mark. The suburb offers various commuting options, with a notable portion of residents choosing to work from home. For house investors, Wendouree presents a balanced market with a healthy rental yield and positive growth trends. The suburb shows strong demand as indicated by the low days on market and high market absorption rate. For unit investors, the suburb offers even higher market absorption rates and room demand-supply ratios, suggesting good investment potential in the unit market. Wendouree, VIC 3355, is a suburb with a growing population and diverse demographics. The suburb provides good opportunities for both house and unit investors, with positive rental yields, low vacancy rates, and strong demand indicators. Homeowners can enjoy the convenience of various commuting options and a community-oriented neighbourhood. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022