Longford

Longford, VIC 3851 is a small suburb with a population of 1489, showing steady population growth over the years. The residents span across various age groups, with a significant number of individuals falling under the 35 to 64 age bracket. The suburb enjoys a high median household income, indicating a relatively affluent community. Commuting mainly revolves around motor vehicles and working from home is popular among residents. The suburb boasts a moderate educational advantage for students attending government schools. For house investors, Longford presents opportunities with a diverse range of occupations in the area, indicating a stable job market. The suburb has a balanced rental market with a rental yield slightly above the median. The sale price IQR ratio suggests potential for renovation projects. Additionally, the market absorption rate indicates a balanced demand, signaling stability in the property market. Longford, VIC 3851 offers a quiet residential lifestyle with a mix of age groups and a focus on motor vehicle commuting. The suburb is marked by a good income level and educational advantage for students in government schools. Property investors, specifically interested in houses, can find opportunities in a stable market with potential for renovations and balanced demand. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022