Navarre

Navarre, VIC 3384 is a small suburb with a population of 99 residents. The majority of the population falls within the age group of 45 to 64 years. The median household income weekly is $814, and the suburb has a mix of occupations, with Managers, Labourers, and Technicians/Tradeworkers being the top three occupations. Commuting by motor vehicle is the most common, followed by other modes and a small percentage working from home. The suburb has a lower ICSEA percentile for Government schools, indicating the educational advantage of students is comparatively lower. With a Sale Price IQR Ratio of 23.8%, Navarre may be ideal for property investors interested in renovating houses. The suburb has shown a negative median growth rate over 12 months, but a significant growth rate over 5 years. There is low stock on the market, suggesting fewer available properties for sale. Online search interest is moderate, indicating some level of buyer demand. Navarre, VIC 3384 offers a quiet lifestyle in a small community with potential investment opportunities for renovators in the housing market. While the short-term growth has been negative, the long-term growth rate is promising. Homebuyers interested in affordable housing options may find opportunities in Navarre, while investors should carefully consider the 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