Elaine

Elaine, VIC 3334 is a small suburb with a population of 232 residents. The age distribution is diverse, with a significant number of residents in the 45 to 64 age group. The median household income is relatively high, indicating a financially stable community. The suburb offers a mix of occupations, with Managers, Technicians and Trade Workers being among the top occupations. The majority of residents commute by motor vehicle. Elaine presents a good opportunity for property investors interested in houses, with a moderate sales activity and a high sale price IQR ratio, suggesting it could be suitable for renovators. The suburb has shown consistent growth in resident population over the years, along with positive growth in sale prices. The high online search interest is indicative of potential buyer demand. Elaine, VIC 3334 is a small but growing suburb with a stable community and good investment potential, particularly for those interested in the housing market. The diverse age distribution and high median household income make it an attractive location for both residents and property investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022