Crib Point

CRIB POINT, VIC 3919 is a quaint suburb with a total population of 3343 and a varied age distribution. The suburb has a mix of occupations, with the top three being Technicians and Tradeworkers, Professionals, and Community and Personal Service Workers. The median household income is $1,447 per week. The suburb offers a mix of commuting options, with the majority using motor vehicles. There is a moderate percentage of residents that work from home. Public transportation includes trains and buses. For House buyers, CRIB POINT offers a good mix of property types with a median sale price within an affordable range. The rental yield is moderate, indicating potential for steady rental returns. The suburb shows strong market demand with a low vacancy rate. Investors may find opportunities in renovating properties due to the high Sale Price IQR ratio. For Unit buyers, the suburb presents a strong market absorption rate, suggesting high demand. The median growth rate is promising for potential capital appreciation. CRIB POINT, VIC 3919 presents a balanced lifestyle with affordable housing options, steady rental returns, and opportunities for property development. The suburb's demographics reflect a diverse community with good access to amenities and commuting options. Investors looking for potential growth and steady rental income may find CRIB POINT a favourable location for property investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022