Mount Camel

Mount Camel, VIC 3523 is a small suburb with a population of 136 residents. The age demographics are varied, with a significant portion of residents aged 45 to 64 years. The median household income is $1,483 weekly. The suburb has a low percentage of properties being rented out and a moderate rate of residents working from home. The top occupations include Professionals, Technicians and Tradesworkers, and Managers. For potential property investors interested in houses, Mount Camel may offer opportunities for renovators due to a relatively high Sale Price IQR ratio. The suburb has a low stock on market rate, indicating low supply in the housing market. However, the median growth rate has shown a decline in recent years. For those considering investing in the area, thorough research into the local market trends is advisable before making any commitments. Mount Camel, VIC 3523 is a small suburb with a mix of age demographics, a moderate income level, and predominantly owner-occupied properties. The suburb presents opportunities for property investors interested in houses, particularly for renovation projects. However, potential investors should carefully consider the median growth rates and market conditions before making investment decisions. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022