Mount Best

Mount Best, VIC 3960, is a small suburb with a total population of 46. The demographic skews towards older residents, with a significant portion aged 65 years or over. The most common occupations in the area are managers, professionals, and community and personal service workers. The median household income and housing costs are relatively low compared to wider averages. Given the small population and the prevalence of older residents, potential investors may find limited opportunities in Mount Best for both Houses and Units. The demographic profile suggests a stable community with lower housing costs, which could be attractive for retirees seeking affordable housing options. Mount Best offers a quiet lifestyle for residents, particularly suited for those looking for a peaceful retreat away from the hustle and bustle of larger urban areas. For property investors, the suburb's limited growth potential and smaller market size may present challenges for capital growth or rental yields. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022