Barongarook

Barongarook, VIC 3249 is a small suburb with a population of 458 residents. The age distribution shows a mix of age groups with a notable number of residents aged 45 to 64 years. The suburb has a mix of occupations with top roles including Managers, Professionals, and Technicians and Tradesworkers. The median household income weekly is $1,708. Residents primarily commute by motor vehicle, but there is a small percentage who choose to walk or work from home. The suburb has a moderate educational advantage for students attending government schools. Barongarook is an emerging suburb with positive population growth over the years. The property market for houses shows a median price within an affordable range. The rental yield is decent, and there is a balanced demand for renting out rooms. The room demand-supply ratio indicates potential for growth in the rental market. The suburb has shown stable growth in median house prices over the past year, making it a promising location for long-term property investment. Barongarook, VIC 3249 offers a peaceful lifestyle with a close-knit community and a range of age groups. The suburb provides opportunities for property investors interested in houses, with affordable prices and a stable market. Homeowners looking for a tranquil setting with growth potential may find Barongarook an attractive choice for their residence or investment property. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022