Budgeree

Budgeree, VIC 3870 is a small suburb with a total population of 146 residents. The age distribution shows a mix of younger and older residents, with a higher number of individuals in the 45 to 64 years and 65 years or over age groups. The suburb has a balanced distribution of occupations, with professionals, managers, and community and personal service workers among the top three categories. Most residents commute via motor vehicles, while a notable percentage also work from home. The median mortgage repayment is moderate, and the weekly rent is affordable. Investors considering properties in Budgeree may find opportunities in the unit market with potential for rental yields. The suburb's demographic makeup suggests a stable rental market catering to a mix of occupations. The moderate median household income may indicate affordable housing options for renters, attracting tenants across various professions. Budgeree, VIC 3870 offers a peaceful lifestyle in a small community with a diverse age range. The suburb's affordability and moderate income levels make it an attractive option for both homeowners and investors looking for rental properties. With a mix of residents working in different sectors and a notable WFH percentage, Budgeree presents potential for property investment in the unit market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022