Back to VIC, lets look at Hoppers Crossing, a popular suburb amongst investors in recent times and not far from Tarneit.
Hoppers Crossing's affordability, good schools, parks, and location only around 30kms away from Melbourne CBD makes it attractive to a range of buyer types including first home owners, growing families and property investors.
Just be mindful of the rental vacancy rate which is high (4.21%) - but that doesn't necessarily make it a bad long term investment.
Check out key suburb analytics we have prepared below. You can access to this valuable data for all 15,000+ suburbs in Australia by subscribing to our Professional plan for $49 per month here - https://www.propertydirector.com.au/choose-plan
Median Price / Capital Growth - $649,000, has seen 5.09% annual compound growth in the last 10 years.
Rental Yield - 4.1%
Population - 37,206
Vacancy Rate - 4.21%
Vendor Discount Rate - -8.36%
