Dry Diggings

Dry Diggings, VIC 3461 is a small suburb with a total population of 41 residents. The age distribution is fairly balanced across different age groups, with a higher concentration in the age group of 45 to 64 years. The median mortgage repayment and rent are both relatively affordable. The predominant occupations in the suburb are managers, technicians and trades workers, and community and personal service workers. The majority of residents commute via motor vehicle, but there is also a notable percentage who work from home. Given the small population size and demographics skewed towards older age groups, investors should carefully consider the demand for rental properties in Dry Diggings. The suburb's affordability could attract renters looking for cheaper accommodation options. Dry Diggings, VIC 3461 offers a quiet lifestyle with a mix of age groups residing in the area. The affordability of housing and the option for residents to work from home make it an attractive choice for certain demographics. Investors should conduct thorough research on rental demand before considering investment opportunities in the suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022