Brewarrina

Brewarrina is a small suburb with a population of 931 residents. The age distribution is diverse, with a significant number of individuals aged between 5 to 64 years. The median household income is $1,004 weekly, and the suburb has a high social housing ratio. Commuting is mainly done by motor vehicle, with a smaller portion choosing to walk or work from home. Educational opportunities may be limited based on the ICSEA value for government schools. For those interested in houses, Brewarrina presents a mixed picture. The suburb has a moderate sale price range, with a relatively high sale price IQR ratio, indicating potential opportunities for renovators. The market absorption rate is above 20%, suggesting a demand for housing, which could lead to potential price growth. However, the median growth and compound annual growth rates have been volatile over the past few years. Brewarrina offers a unique investment opportunity for property buyers looking for affordable housing options with the potential for renovation projects. The suburb's demographics indicate a mix of age groups and occupations, with a focus on clerical and administrative workers, community and personal service workers, and professionals. It is essential for investors to carefully monitor market trends due to the fluctuating growth rates in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022