Coleraine

Coleraine, VIC 3315 is a small suburb with a total population of 1,062 residents. The age group distribution skews towards older residents aged 45 and over. There is a mix of occupations present, with the top three being Managers, Professionals, and Technicians and Tradesworkers, indicating a diverse workforce. The suburb offers various commuting options, with a significant portion of residents choosing to commute by motor vehicle. The housing market in Coleraine appears to be stable with a high market absorption rate and a low stock on market rate, indicating strong demand. The sale price IQR ratio suggests potential for renovation projects for houses. The suburb has shown steady population growth over the past five years. Property investors may find opportunities in the affordable housing market with attractive rental yields, despite a recent decline in median growth. Coleraine, VIC 3315 presents a quiet and established community with a focus on older residents and a diverse workforce. The housing market shows signs of stability and growth potential for investors looking into renovation projects and rental properties. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022