Stirling

Stirling is a suburban area with a population of 2,191 people. The residents mainly consist of individuals aged from 45 to 64 years and seniors over 65 years. The suburb has a mix of occupations, with a significant number of professionals, managers, and community and personal service workers. The median household income is relatively high, and the area offers various commuting options such as motor vehicles, buses, and working from home opportunities. Stirling has a moderate rental vacancy rate of 2.6% and a social housing ratio of 6.5%. For house investors, Stirling presents a good opportunity with a high sale price IQR ratio, suggesting potential for renovation projects. The suburb has shown a negative median price growth in recent years but has a high demand for renting out rooms. On the other hand, for unit investors, the market appears stable with a low sale price IQR ratio. Units have shown positive growth rates over the past years and have a relatively high rented ratio. Stirling offers a suburban lifestyle with a mix of age groups and occupations. It has good infrastructure for commuting and a moderate rental vacancy rate. For property investors, the suburb provides opportunities for both house and unit investments, each with its own unique investment potentials and stability factors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022