Cloverlea

Cloverlea, VIC 3822 is a small suburb with a population of 178 residents. The age distribution indicates a mix of young families and middle-aged individuals. The median household income is moderate, with a notable portion of residents working in management and technical roles. The suburb has a higher percentage of residents commuting by motor vehicle compared to working from home. With a limited property market consisting mainly of houses, investing in Cloverlea may offer potential for stable returns due to the consistent median sale price and low discount median. The suburb's low stock on market rate suggests properties are in demand. For investors seeking renovators, Cloverlea's affordability index and renter percentage might indicate opportunities for value-add projects. Cloverlea, VIC 3822 presents a quiet residential area with a mix of families and professionals. The suburb's property market, predominantly focused on houses, could appeal to investors looking for stability and potential renovation projects. With convenient motor vehicle access and moderate income levels, Cloverlea offers a comfortable lifestyle for its residents. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022