Uriarra Village

Urriarra Village, ACT 2611 is a small and tight-knit community with a population of 309. Residents have a high median household income. The suburb has a mix of age groups with a significant portion aged between 5 to 19 years. The majority of residents commute by motor vehicle, reflecting the suburban lifestyle. There is a good proportion of professionals and managers in the workforce, indicating a well-educated and affluent community. The high WFH numbers suggest a trend towards remote work. For house investors, Urriarra Village presents opportunities for value due to the sale price being within a certain percentage range. The rental yield is moderate, and the social housing ratio is low. The suburb has seen negative median growth but has shown growth over a 3-year period. The vacancy rate, while slightly high, indicates potential demand. Homebuyers looking to live in the suburb may find a limited number of properties for rent. Urriarra Village, ACT 2611 offers a peaceful and high-income suburban lifestyle for its residents. For property investors targeting houses, the suburb provides potential value and moderate returns. The demographic mix of professionals and managers indicates a financially stable community. The suburb's negative median growth may be a temporary trend, considering the positive growth over a 3-year period and the rising demand for work-from-home options. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022