Kilmany

Kilmany is a small suburb with a total population of 165. The demographic skews towards older age groups, with a significant number of residents aged 45 to 64 and 65 years or over. The median mortgage repayments and household income are moderate, with a lower median rental cost. The most common occupations include Managers, Technicians and Trade workers, and Clerical and Administrative Workers. A notable percentage of residents prefer to commute by motor vehicle. Given the suburban profile and demographic composition, Kilmany may be attractive for property investors looking to cater to the needs of older residents or those seeking a quiet lifestyle. Investors should consider the potential demand for rental properties that offer amenities catering to older demographics. There could be renovation opportunities to modernize existing properties in line with the preferences of the ageing population. With a small population and a noticeable older demographic, Kilmany presents opportunities for property investors to cater to the needs of mature residents. The suburb's moderate income levels and preference for motor vehicle commuting suggest a low-key lifestyle. Investors may find potential by offering rental properties with amenities tailored to older age groups or by renovating properties to meet modern needs. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022