Emu

EMU, VIC 3475 is a small suburb with a total population of 37 residents. The population is predominantly aged 45 years or older, with a notable number of residents aged 65 years or over. Median mortgage repayments are moderate, while median rent is relatively low. The majority of residents work in managerial positions, indicating a potentially affluent community. Given the demographic skew towards older residents and the high proportion of managers, there may be demand for downsizing options such as units catering to retirees or those seeking a simpler lifestyle. Investors could consider developing or offering units with features that cater to the needs of this age group. EMU, VIC 3475 is a small suburb with an aging population, moderate housing costs, and a high concentration of managerial occupations. Investors could explore opportunities in providing housing options that cater to the needs of older residents looking to downsize. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022