Bocoble

Bocoble, NSW 2850 is a small suburb with a total population of 132 residents. The age group between 45 to 64 years forms the largest cohort, followed closely by those aged over 65 years. The majority of residents commute by motor vehicle, while only a small percentage work from home. The median mortgage repayment is relatively high compared to the median rent, indicating a higher rate of home ownership. The occupational profile is diverse but skewed towards machinery operators and drivers, with managers also being well represented. Given the small population size and demographic distribution skewed towards older age groups, investors may find opportunities in offering housing solutions suitable for retirees or older residents. The high proportion of residents commuting by motor vehicle may suggest potential demand for properties with convenient parking. Furthermore, the lower representation of professionals in the workforce could indicate an opportunity to cater to this segment with appropriate housing options. Bocoble, NSW 2850 is a suburb with a small population where older age groups are prominent. Residents tend to own homes, and the workforce is varied with a concentration in machinery operations and management roles. Investors may find opportunities in catering to older demographics and providing housing solutions for those who prefer motor vehicle commutes. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022