Sofala

Sofala, NSW 2795 is a small suburb with a total population of 111 residents. The age distribution skews towards older demographics, with a significant portion aged 65 years and over. Most residents commute by motor vehicle, while a smaller percentage work from home. The median mortgage repayment and weekly rent are relatively affordable. The dominant occupations include Managers and Professionals. Given the small population size and age demographics, there may be limited demand for property in Sofala. Investors should carefully consider the potential rental demand before investing in Houses or Units in this suburb. Sofala, NSW 2795 is a quiet suburb with an older population and affordable housing costs. Investors should conduct thorough market research before considering any investment in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022