Great Western

Great Western, VIC 3374 is a small suburb with a population of 425 residents. The population is relatively evenly distributed across age groups, with a slightly higher number of residents aged between 45 to 64 years. The suburb offers a median household income that is on par with the national average, and the majority of residents commute by motor vehicle. There is a moderate proportion of residents working in managerial, professional, and technical roles. Great Western presents an opportunity for property investors interested in houses. With a high market absorption rate, low days on market, and a significant median growth rate, the suburb shows promise for capital growth potential. The sale price IQR ratio suggests the presence of renovator-friendly properties, attracting investors looking to add value through renovation projects. Great Western, VIC 3374 offers residents a peaceful lifestyle with a close-knit community feel. Investors keen on the housing market may find opportunities for capital growth and renovation projects in this suburb known for its strong demand and growth potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022