Casterton

Casterton, VIC 3311 is a small suburb with a total population of 1673 residents. The age distribution is diverse with a significant number of residents aged 65 or over. The median household income weekly is $881, and the suburb has a mix of occupations with the top three being Managers, Professionals, and Community and Personal Service Workers. Residents mainly commute by motor vehicle, with some using other modes of transport including walking and working from home. The suburb has a low social housing ratio and offers a range of housing options for different demographics. For investors interested in houses in Casterton, the suburb presents opportunities for those looking for properties with renovation potential due to a relatively high saleprice IQR ratio. With a median sale price below the neighbouring suburbs, Casterton may appeal to value investors. The rental yield is moderate at 6.6% with a low vacancy rate. The market absorption rate indicates a balanced market with room for potential growth. Casterton, VIC 3311 offers a quiet lifestyle in a small community with educational facilities rated at the 32.0 ICSEA percentile. The suburb provides opportunities for property investors interested in houses. Homeowners looking for a serene environment with potential investment returns may find Casterton an attractive choice. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022