Farnborough

Farnborough, QLD 4703 is a small suburb with a population of 469 residents. The demographic skew towards the 45 to 64 years age group. Most residents commute by motor vehicle, while a notable percentage also work from home. The suburb has a relatively high proportion of professionals, technicians/tradeworkers, and community/personal service workers. The suburb presents a good opportunity for property developers or investors interested in houses. The high median growth rate and market absorption rate indicate a strong demand for housing. The sale price IQR ratio suggests potential for renovation projects to increase property value. With a low discount median, properties hold their value well in this market. Farnborough, QLD 4703 is a quiet suburb ideal for families and individuals looking for a peaceful lifestyle. The educational advantage of students in government schools is moderate. For investors interested in the housing market, Farnborough offers good growth potential and investment opportunities, particularly for those considering renovation projects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022