Chetwynd

Chetwynd, VIC 3312 is a small suburb with a total population of 85 residents. The age distribution is relatively evenly spread across different age groups, with a slight skew towards the younger and middle-aged demographics. The median mortgage repayment is moderate, and the median household income is relatively low. The predominant occupations include managers, technicians and trade workers, and community and personal service workers. Commuting mainly involves the use of motor vehicles and a significant portion work from home. Given the small population size and modest income levels, investors may find limited opportunities in Chetwynd for both Houses and Units. However, the demand for rental properties could be higher due to the presence of renters in the suburb. Investors should carefully assess the rental yield potential before considering investment in rental properties in Chetwynd. Chetwynd, VIC 3312 is a suburb with a diverse age demographic and a mix of occupations. While the investment opportunities for Houses and Units may be limited, investors could explore rental property options considering the demand for rentals in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022