Fairbank

Fairbank, VIC 3951 is a small suburb with a total population of 52 residents. The demographic distribution shows a significant number of residents aged 45 years and over. The median household income is moderate, with a focus on professionals and community service workers. The commute to work is primarily by motor vehicle, with a small percentage working from home. Given the demographics skew towards older residents and professionals, there may be potential for demand in the rental market for units suitable for singles or couples. Developers could consider creating units with modern amenities to attract this demographic. Fairbank, VIC 3951 is a small suburb with a mature population, predominantly professionals and community service workers. The suburb has potential investment opportunities in providing modern unit options for singles and couples, given the demographic composition. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022