Port Albert

Port Albert, VIC 3971 has a small population with a mix of age groups, with the highest representation in the age group of 65 years and over. The suburb has a high percentage of residents commuting by motor vehicle. The dominant occupations include professionals, managers, and technicians/tradeworkers. For house investors in Port Albert, the suburb shows potential for capital growth with a high median growth rate over 10% in the past year. The area has a moderate rental yield with a relatively low rental price median. The high sale price IQR ratio may indicate opportunities for renovators. On the other hand, unit investors should be cautious due to negative median growth rates and low affordability compared to neighbouring suburbs. Port Albert, VIC 3971 offers a peaceful coastal lifestyle with potential for capital growth in the housing market. House investors may find opportunities for renovation projects, while unit investors should carefully consider the negative growth trends and affordability challenges in the current market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022