Clear Lake

Clear Lake, VIC 3409 is a small suburb with a population of 57 residents. The age distribution is varied, with a significant number of residents falling in the 45 to 64 years age group. The median household income is $1,625 per week, and the suburb has a mix of occupations with Managers being the most predominant. The commute to work is primarily by motor vehicle, with a notable 11% working from home. Clear Lake presents an opportunity for house buyers due to the relatively low property count and stable median sale prices. The suburb has shown strong growth in median house prices over the past 5 years. With a moderate rental ratio and a slight population growth, Clear Lake could be suitable for long-term capital growth potential for investors. Clear Lake, VIC 3409 offers a peaceful lifestyle in a small community setting. The suburb is characterised by stable property prices and a mix of residents across different age groups. Clear Lake may appeal to buyers looking for affordable housing options with potential for property value appreciation over time. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022