Timboon

Timboon, VIC 3268 is a small town with a population of 1250 residents. The population is stable with slight growth over the past year. Residents have a median household income slightly above the national average. The town has a diverse age group with the majority falling in the age range of 5 to 64 years. The predominant occupations include managers, technicians and trade workers, and labourers. Commuting mainly involves the use of motor vehicles with a significant portion working from home. For potential home buyers, Timboon offers a peaceful rural lifestyle with access to essential amenities. The housing market is stable with moderate sale prices and rental yields. The suburb has shown consistent growth in property prices over the years. The higher than average sale price IQR ratio might appeal to renovators looking for opportunities in the housing market. While there are limited unit options, the rental market for units seems to be strong with a majority of units being rented out. Timboon, VIC 3268 is a small but stable town with a diverse age demographic and a range of available occupations. The real estate market is promising for both homeowners and investors, with potential for renovation projects. The suburb offers a tranquil lifestyle with opportunities for property growth and rental income. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022