Durham Lead

Durham Lead, VIC 3352, is a small suburb with a population of 408 residents. The demographic profile skews towards middle-aged and older individuals. The median household income is in line with the state average, with a mix of occupations including professionals, technicians, and trades workers. The suburb has a low percentage of properties being rented, indicating a higher rate of homeownership. Durham Lead presents an opportunity for property investors interested in houses. The suburb's median sale price falls within the mid-tier range. The high sale price IQR ratio suggests potential for renovation projects. With a low stock on market rate and a slight population growth over recent years, the suburb may offer long-term investment potential. Durham Lead, VIC 3352, is a quiet suburb ideal for homeowners seeking a peaceful lifestyle. For property investors, particularly interested in houses, the suburb's property market shows promise for potential growth and renovation opportunities. The mix of demographics and low rental ratio indicate stability 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