Gerang Gerung

Gerang Gerung, VIC 3418 is a small suburb with a total population of 65 residents. The age distribution is relatively balanced across different age groups, with the highest proportion being in the 45 to 64 years bracket. The median mortgage repayment is high, indicating a potentially affluent local community. The most common occupations include managers, technicians, and sales workers, showcasing a diverse workforce. The commute pattern is mostly by motor vehicle, with a moderate percentage working from home. Given the small population size and limited demographic diversity, investors may find better opportunities in suburbs with larger populations and more varied occupations. The high median mortgage repayment suggests that residents in Gerang Gerung may be financially stable, which could indicate a potential demand for higher-end rental properties. Gerang Gerung, VIC 3418, is a small suburb with a relatively affluent population and a diverse workforce. Investors looking to purchase property in this suburb may find opportunities in catering to the rental market for higher-end properties. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022