Longerenong

LONGERENONG, VIC 3401 is a small suburb with a total population of 237 residents. The age group of 5 to 19 years comprises the largest segment of the population. Residents have a median mortgage repayment amount and weekly rent below the national averages. The majority of residents commute by motor vehicle, while a notable percentage work from home. Given the small population and limited data on housing, thorough market research is advised before considering investment opportunities in LONGERENONG. The diverse occupations present in the suburb indicate potential rental demand. However, the low number of professionals might impact the purchasing power of potential tenants. LONGERENONG, VIC 3401 offers a lifestyle characterized by a young to middle-aged demographic and a preference for motor vehicle commutes. For investors, detailed analysis is crucial due to the limited housing data available and the occupation demographics of the suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022