Little River

Little River, VIC 3211 is a small suburb with a population of 1353 residents. The median household income weekly is $2,005, and the dominant occupations include Managers, Professionals, and Technicians and Tradeworkers. Residents have access to various commute options, with a notable percentage working from home. The suburb's ICSEA percentile for government schools is 42.0. The suburb has a balanced mix of residents across different age groups and professions, indicating a diverse community. With a low sale price IQR ratio, it suggests that Little River could be a good suburb for finding renovator houses. However, investors should be cautious of the negative median growth in the past years. The market absorption rate is at the border of a buyer's market, so potential investors should keep an eye on market trends before making investment decisions. Little River, VIC 3211 offers a quiet and close-knit community with potential investment opportunities for renovators in the housing market. While the suburb shows promise for capital growth in the long term, investors should carefully consider the recent negative median growth trends and market absorption rate before entering the market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022