Arawata

Arawata is a small suburb with a population of 92 residents. The demographic skews towards older age groups, with a significant portion aged 45 to 64 years and those aged 65 or over. The median household income is moderate, and the suburb offers a mix of occupations, with Managers being the most prominent. Commuting mainly occurs by motor vehicle, and there is a notable percentage of residents working from home. For houses in Arawata, the sale prices have a moderate range with room for growth, as indicated by the Sale Price IQR Ratio. The suburb has shown stability in population growth over the years. High online search interest suggests good demand. Building approvals indicate potential growth in the real estate sector. However, the median house price has seen fluctuations over the years. Arawata is a small suburb with a stable population and a mix of age groups. Property investors interested in houses may find opportunities for growth and renovation projects in the area, given the moderate sale price range and promising investment indicators. With a focus on infrastructure development and market trends, Arawata presents potential for long-term property investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022