Barnawartha

Barnawartha, VIC 3688 is a growing suburb with a population of 987 residents. The age distribution is diverse, with a significant number of individuals aged between 5 to 64 years. The median household income weekly is $1,742, and the suburb has a mix of occupations, with technicians and tradeworkers, managers, and professionals being the top three occupations. Commuting by motor vehicle is common, while a notable percentage of residents work from home. The ICSEA Percentile for Government Schools Mean is 41.0, indicating the level of educational advantage of students in the area. Barnawartha presents opportunities for property investors interested in houses. With a median sale price that falls within a reasonable range, the suburb has shown resilience in the market despite a recent negative growth rate. The high market absorption rate suggests strong demand, which could potentially lead to an increase in home prices. Additionally, the suburb's sale price IQR ratio indicates it may be suitable for renovators. Barnawartha, VIC 3688 offers a diverse community with various amenities and a mix of age groups. For investors looking into the property market, particularly in houses, this suburb shows promise with potential for growth and renovation opportunities. Homeowners can benefit from the suburb's affordability index and rental yields, providing a balanced lifestyle and investment proposition. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022