Numurkah

Numurkah, VIC 3636 has a total population of 4604, with a diverse age distribution across different age groups. The suburb offers a mix of housing options for both homeowners and renters, with a variety of amenities and public transport options available. Commuting to work mainly involves motor vehicles, but there is also a notable percentage of residents who work from home. The suburb has a range of occupations represented, including managers, professionals, and technicians and tradeworkers. Numurkah presents investment opportunities for both houses and units. For houses, property prices have a moderate range with a high sale price IQR ratio, indicating a potential for renovation projects. The market absorption rate suggests stable demand, and the vacancy rate is low. For units, there is a healthy yield median coupled with a low vacancy rate, making it an attractive option for investors looking for steady rental income. Numurkah is a vibrant suburb in VIC 3636 with a range of housing options and good amenities for residents. The diverse demographics and lifestyle offerings make it an attractive place for families and professionals alike. Investors can find opportunities in both the house and unit markets, with indicators like sale price trends, rental yields, and vacancy rates pointing towards a stable and potentially profitable investment environment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022