Markwood

Markwood, VIC 3678 is a small suburb with a total population of 230 residents. The age distribution is varied, with a significant number of residents aged 45 to 64 and 65 or over. The median household income is moderate, and the most common occupations are Managers, Professionals, and Technicians/Tradeworkers. The majority of residents commute by motor vehicle. Investors looking into Markwood may find potential in catering to the housing needs of the diverse age groups present in the suburb. The high percentage of residents commuting by motor vehicle could indicate demand for car parking or garages in properties. The presence of managerial and professional occupations suggests a stable income demographic for rental investments. Markwood, VIC 3678 is a small suburb with a diverse age demographic and a predominantly car-dependent commuting pattern. The suburb offers potential investment opportunities for property investors looking to cater to the housing and lifestyle needs of its residents. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022