Tambo Upper

Tambo Upper, VIC 3885 is a small suburb with a population of 325 residents. The age distribution is relatively balanced across different age groups, with a significant number of residents aged between 45 to 64 years. The median household income is above average, indicating a stable economic base. The suburb offers a mix of occupations, with professionals, technicians, and tradeworkers being the top three. Commuting by motor vehicle is the primary mode of transport, but there is also a notable portion of residents who work from home. For house investors, Tambo Upper presents a stable market with a high median growth rate, suggesting good potential for capital appreciation. The suburb has a low stock on market rate and a relatively low discount median, indicating properties are in demand. With a high online search interest and a significant growth in building approvals, there are opportunities for property development. The suburb's affordability index is favourable, making it attractive for homebuyers. Tambo Upper, VIC 3885 offers a tranquil lifestyle for residents with its small population and diverse age groups. The suburb's economic profile is solid, with a focus on various occupations. For investors interested in houses, Tambo Upper provides a promising investment opportunity with strong growth potential, low discount rates, and a high demand for properties. The suburb's affordability and growing population make it an appealing choice for both homeowners and investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022