Black Mountain

Black Mountain has a total population of 291 residents. The age group 45 to 64 years is the largest, followed by the 5 to 19 years age group. The suburb has a diverse mix of occupations with a significant presence of managers, professionals, and technicians/tradeworkers. The median household income is moderate, with most residents commuting by motor vehicle. Given the demographic profile with a concentration of professionals and managers, there might be a potential demand for quality rental accommodation. The suburb's proximity to amenities and the relatively high percentage of residents working from home could make it attractive for property investors looking to cater to this segment of the market. Black Mountain offers a peaceful residential setting with a mix of age groups and occupations. The suburb's demographic composition suggests opportunities for property investors to explore rental accommodation options catering to professionals and managers. Additionally, the high WFH percentage indicates a growing trend that investors could leverage to meet evolving housing preferences. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022