Swan Bay

Swan Bay, VIC 3225, is a small suburb with a total population of 103 residents. The demographic distribution shows a mix of age groups, with a slightly higher representation of older residents aged 45 years and above. The median mortgage repayment and rent are relatively affordable compared to the region. The most common occupations include managers, community and personal service workers, and clerical and administrative workers. The suburb has a moderate level of motor vehicle usage for commuting, with a notable percentage working from home. Given the small population size and demographic spread, investors may find limited opportunities in Swan Bay for both houses and units. The data suggests a stable community with a preference for remote work. Property developers should consider targeting other suburbs with more significant growth potential. Swan Bay, VIC 3225, offers a quiet lifestyle with a mix of age groups and occupations. The suburb's affordability and moderate commuting patterns provide a niche market for those seeking a remote work-friendly environment. However, for property investors looking for growth opportunities, exploring neighbouring suburbs may offer more potential for returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022