Diggora

DIGGORA, VIC 3561 is a small suburb with a population of 78 residents. The age distribution is varied, with a notable percentage of the population falling in the age group of 45 to 64 years. The median household income is relatively high, indicating a stable economic base. The most common occupations include Managers, Technicians and Tradeworkers, and Professionals, reflecting a diverse workforce. The suburb also has a considerable proportion of residents commuting by motor vehicle. With a high median house price, low affordability index, and a significant percentage of rented properties, DIGGORA may not be ideal for entry-level house buyers. However, the suburb has shown substantial growth in median house prices over the past five years, making it potentially attractive for property investors seeking capital appreciation. The moderate building approvals ratio suggests ongoing development and investment in the area. DIGGORA, VIC 3561 offers a quiet lifestyle with a strong community feel and a mix of residents across different age groups. The suburb's high median household income and stable population growth indicate economic resilience and long-term desirability. For investors, the potential for capital growth in the housing market presents opportunities for those looking to expand their property portfolio. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022