Drummond North

Drummond North, VIC 3446 is a small and growing suburb with a total population of 203 residents. The demographic skews towards older age groups, with a significant number of residents aged between 45 to 64 and 65 years or over. The median household income is $1,428 weekly, and the majority of residents commute by motor vehicle. The suburb offers a mix of occupations, with Managers and Professionals being the top two occupational groups. The housing market in Drummond North shows a median growth rate of 82.4% with a sale price IQR ratio of 40.2%, indicating significant potential for property value growth. With a low stock on market rate and a high online search interest, there seems to be strong demand in this suburb. The discount median of -16.2% suggests potential opportunities for buyers. Renovators may find this suburb appealing due to the wide range between Q1 and Q3 sale prices. Drummond North, VIC 3446 is a suburb with a tight-knit community and potential for property value growth. Homeowners looking for a peaceful and growing neighbourhood may find this suburb appealing. Investors should take note of the strong demand indicated by the online search interest and low stock on market rate, presenting potential opportunities for growth and renovation projects in the housing market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022