Coonooer Bridge

Coonooer Bridge, VIC 3477 is a small suburb with a population of 30. The demographic profile skews towards residents aged 45 to 64 years, with a significant proportion working as managers and machinery operators. The weekly median household income is $1,562, and the median mortgage repayment is $1,400. The majority of residents commute by motor vehicle. With a limited number of properties available, the housing market in Coonooer Bridge appears to be tightly held. The one house sold recently had a very short median days on market, indicating high buyer demand. The suburb's affordability index is low, which suggests that it may be more suitable for investors looking for higher-end properties. Coonooer Bridge, VIC 3477, offers a serene lifestyle with a small population and a predominance of middle-aged residents. The housing market for houses seems competitive with properties selling quickly and a focus on higher-income earners. Investors should consider the rarity of available properties and the strong demand when evaluating investment opportunities in this suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022