Dunolly

Dunolly, VIC 3472, with a population of 899 residents, offers a peaceful small-town lifestyle. The population is diverse in age, with a significant number of residents aged 45-64 and 65 or over. The suburb has a low percentage of social housing and a moderate rental price median, making it attractive for homeowners and renters alike. Commute patterns primarily involve motor vehicle use, while a notable portion of residents work from home. Dunolly presents a mixed outlook for property investors. The median house price falls within an affordable range, with a decent rental yield. The sale price IQR indicates opportunities for renovators, with a sizeable difference between Q1 and Q3 prices. However, the stagnant median growth rate and limited stock on market may suggest subdued capital growth potential in the short term. Dunolly, VIC 3472, is a close-knit community with a range of age groups and a focus on homeownership. For property investors, the suburb offers potential for renovators in the housing market, although limited stock availability and modest growth rates may impact overall investment returns. Residents enjoy a peaceful lifestyle with convenient commute options and a growing trend of working from home. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022