Darnum

Darnum, VIC 3822 is a small suburb with a population of 759 residents. The age demographic is diverse, with a significant number of residents aged between 5 to 64 years. The median household income is above average, indicating a stable economic profile. Residents have various commuting options, with a notable percentage choosing to work from home. With a median house price below $1 million and a rental yield of 7.5%, Darnum presents investment opportunities for potential buyers. The suburb has shown a strong median growth rate both in the short and long term. The high buyer demand is reflected in the low median days on market and the solid online search interest. The suburb also demonstrates growth in building approvals, suggesting potential property development opportunities in the future. Darnum, VIC 3822 offers a diverse and stable community with good housing investment potential, particularly for house investors. The suburb's affordability, rental yield, and growth indicators make it an attractive option for both homeowners and property developers looking for long-term returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022