Woodvale

Woodvale is a small suburb with a population of 556 residents. The area has a diverse age group, with a significant number of residents aged between 45 to 64 years. The suburb offers a median rent that is relatively affordable compared to the median household income. The most common occupations are technicians and tradeworkers, professionals, and managers. With a high market absorption rate and steady population growth, Woodvale presents promising opportunities for property investors looking to purchase houses. The suburb's median growth rate for houses is above average, indicating a potential for good returns on investment. The low discount median suggests strong buyer demand, with properties selling relatively quickly. Woodvale, VIC 3556, is a small suburb with a tight-knit community and diverse demographics. For property investors interested in houses, the suburb shows potential for capital growth and rental demand. With affordable rents and steady population growth, Woodvale offers a promising investment opportunity for those looking for a thriving real estate market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022