Ellinbank

Ellinbank, VIC 3821 is a small suburb with a total population of 229 residents. The age distribution shows a mix of younger and older age groups, with a significant number of residents aged between 45 to 64 years. The median household income is moderate, with a higher percentage of residents commuting by motor vehicle compared to those working from home. The suburb has a diverse occupational profile, with a notable presence of managers, professionals, and clerical and administrative workers. The suburb's demographic profile suggests it may appeal to residents looking for a balanced lifestyle with a mix of age groups and occupations. Investors may find opportunities in providing housing options suitable for professionals and managers working in the area, considering the median mortgage repayments and rental prices. There could be potential in offering housing solutions catering to the needs of families, given the population distribution across different age groups. Ellinbank, VIC 3821 offers a quiet and balanced living environment with a mix of age groups and occupations. The suburb's moderate income levels and commuting patterns indicate opportunities for tailored housing solutions for different segments of the population. Investors and property developers should consider the diverse demographic profile when evaluating potential opportunities in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022