Granite Rock

Granite Rock, VIC 3875 is a small suburb with a population of 261 residents. The age distribution is relatively balanced, with a strong presence of professionals, technicians, and tradeworkers. The suburb offers a mix of housing options with a median household income of $1,481 weekly. Commuting by motor vehicle is the primary mode of transport, while a notable percentage of residents also work from home. Granite Rock presents a stable property market with a moderate median growth rate. The high median house sale price coupled with a low discount median indicates a strong demand for houses. Additionally, the sale price IQR ratio suggests potential opportunities for renovators. The suburb's low stock on market rate and consistent population growth over the years may indicate positive capital growth prospects for property investors. Granite Rock, VIC 3875 is an attractive suburb for homeowners looking for a tranquil setting with a community-oriented lifestyle. For property investors, particularly in the housing market, Granite Rock offers potential for capital growth with a stable market and opportunities for renovation projects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022