Freeburgh

FREEBURGH is a small suburb with a population of 136. The age distribution is diverse, with a significant number of residents aged 45-64 and 65 or over. The median household income is above average, indicating a stable economic status. The suburb has a mix of occupations, with Technicians and Tradeworkers being the highest. The housing market in FREEBURGH presents an opportunity for buyers due to a recent negative median growth rate. With a high sale price IQR ratio, the suburb may be attractive for renovators looking to add value. However, the stock on market rate is low, suggesting a limited supply of properties. Investors should carefully consider the long-term growth potential. FREEBURGH offers a quiet lifestyle with a range of age groups in the community. The property market shows potential for value-adding opportunities, but investors need to weigh the low stock on market rate against the recent negative growth trend. Homeowners seeking a peaceful neighbourhood may find FREEBURGH appealing. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022