Tempy

TEMPY, VIC 3489 is a small suburb with a total population of 62 residents. The age distribution is skewed towards older residents, with a notable number of individuals aged 65 years or over. The median household income is $1,125 per week, and the median monthly mortgage repayment is $403. Commuting patterns show a preference for motor vehicles, with some residents also opting to walk or work from home. The dominant occupations in the suburb are Managers, Professionals, and Technicians/Tradesworkers. Given the small population and predominantly older demographic, investors may find opportunities in offering housing solutions that cater to retirees or seniors. The commuting patterns suggest that investment in infrastructure to support motor vehicle travel may be beneficial for future property value. Developers could explore projects that provide suitable accommodation or facilities for professionals and managers who are part of the workforce. TEMPY, VIC 3489 is a small suburb with a focus on older residents and a mix of professional and technical occupations. With a preference for motor vehicles in commuting, there are potential investment opportunities to cater to the needs of retirees and professionals. The suburb's demographics and lifestyle indicators offer insights for property developers and investors looking to target specific segments of the market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022