Southern Cross

Southern Cross, VIC 3283 is a small suburb with a population of 128 residents. The age distribution is fairly spread out, with a significant portion of the population aged 45 to 64 years and 65 years or over. The suburb has a high percentage of residents commuting by motor vehicle, while a notable 13% work from home. The median household income is above average and the majority of occupations are in managerial, professional, and technical roles. For properties in Southern Cross, VIC 3283, the housing market shows limited activity with only 1 sale recorded. The median sale price for houses is relatively high with minimal fluctuation between quartiles, indicating lower variability in prices. The suburb has displayed significant median house price growth over both three and five years. With a discounted median rate of -19.2%, properties are not heavily discounted or negotiated, suggesting a stable market. The suburb also shows high buyer interest based on online search activity, which can indicate potential demand. Southern Cross, VIC 3283 offers a quiet lifestyle for residents, with a focus on mature demographics and relatively high-income levels. The property market for houses in the suburb reflects stability and consistent growth in median prices over the past few years. Investors interested in Southern Cross may find opportunities in the housing market, benefiting from the suburb's stable pricing and potential for capital appreciation. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022