Genoa

Genoa, VIC 3891 is a small suburb with a population of 66 residents. The age distribution is diverse, with a significant portion of residents falling in the 45 to 64 years age group. The median household income is moderate, and the majority of residents commute by motor vehicle or work from home. The top three occupations include Managers, Professionals, and Community and Personal Service Workers. The suburb presents an affordable housing market with a low stock on market rate. The median growth rate is promising, indicating potential value appreciation. However, the high days on market suggest properties might take longer to sell. Investors may find opportunities for renovation due to the tight sale price interquartile range. Genoa, VIC 3891 offers a tight-knit community with diverse age groups and moderate incomes. For property investors, the suburb provides potential for capital growth and renovation projects in the housing market, though properties may have longer selling periods. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022