Braeside

Braeside, VIC 3195, is a small suburb with a total population of 25 residents. The population is relatively young, with a significant portion aged between 20 to 34 years. The median mortgage repayments are moderately high compared to the median rent, indicating a potential preference for renting. The dominant occupations include Technicians and Tradesworkers, indicating a skilled workforce. Commuting mainly occurs by motor vehicle, with a smaller percentage working from home. Given the small population and demographics skewed towards younger age groups, investors may find opportunities in providing rental accommodation catering to this demographic. The presence of skilled workers such as Technicians and Tradesworkers suggests a potential demand for affordable rental options close to workplaces. Additionally, the moderate commute by motor vehicle indicates the importance of accessibility and convenience in property investments. Braeside, VIC 3195, offers a lifestyle suited for young residents with a preference for renting. Investors could explore opportunities in providing rental accommodation tailored to the demographic profile, especially focusing on affordability and proximity to workplaces. The suburb's character is defined by a skilled workforce with a penchant for convenient commuting options. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022