Clergate

CLERGATE is a small suburb with a total population of 206. The residents have a diverse age distribution, with a significant number of individuals aged between 5 to 64 years. The median mortgage repayment and rent are moderate, indicating a mix of homeowners and renters. The dominant occupations include professionals, managers, and technicians/tradeworkers. The suburb has a high reliance on motor vehicles for commuting, with a notable percentage working from home. Given the demographic profile and the presence of professionals and technicians/tradeworkers, there may be potential for demand for rental units catering to these groups. The moderate housing costs could attract first-time buyers looking for affordable options close to work. CLERGATE offers a quiet lifestyle with a mix of homeowners and renters. The suburb's demographic diversity and focus on professionals and technicians suggest potential demand for rental units. Investors and developers could explore opportunities in the rental market catering to the working population. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022