Burrell Creek

Burrell Creek is a small suburb with a total population of 233 residents. The demographic skews towards older age groups, with a significant number of residents aged 45 to 64 years and over 65 years. The majority of residents commute by motor vehicle, while a notable percentage works from home. The median mortgage repayment and rent are relatively moderate, indicating a balanced housing market. Given the high percentage of residents in managerial and professional occupations, there is a likelihood of stable income levels and potential demand for rental properties. The significant proportion of residents working in technical and trade occupations may indicate opportunities for property development catering to this demographic. Burrell Creek offers a quiet lifestyle with a focus on older age groups and a mix of occupations. The housing market appears stable, making it potentially attractive for property investors looking to cater to the needs of professionals and tradespeople. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022