Beenak

Beenak is a small suburb with a population of 17 residents. The demographic profile skews towards older age groups, with a notable presence of individuals aged between 45 to 64 years. The median household income is above average, indicating a relatively affluent community with a preference for motor vehicle commutes. For houses, the suburb has a limited property count, and the median sale price is at a premium. The rental yield is moderate, suggesting potential opportunities for long-term investment strategies. The high Days on Market and negative growth may pose challenges for short-term gains. Online search interest is relatively high, indicating a level of curiosity among potential buyers or investors. Beenak offers a tranquil lifestyle with a small, close-knit community. The housing market, particularly for houses, presents opportunities for investors looking for stable rental income. The suburb's characteristics may appeal to those seeking a high-income, semi-rural living environment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022