Glenpatrick

Glenpatrick, VIC 3469 is a small suburb with a population of 13 residents. The majority of residents fall within the 45 to 64 years age group. The median weekly household income is $1,083, with a median monthly mortgage repayment of $942. Most residents commute to work using a motor vehicle, and an equal number work from home. With a limited housing supply of 18 properties, Glenpatrick presents an opportunity for property investors. The high median growth rate of 105.2% indicates potential for capital appreciation. The suburb's affordability index is low, appealing to investors seeking long-term growth potential. Renovators may find opportunities due to the relatively high Sale Price IQR Ratio. Glenpatrick, VIC 3469 is a small suburb with limited housing options but strong investment potential. The demographic skew towards middle-aged residents and the high level of WFH commuters paint a picture of a quiet residential area. Investors should consider the suburb for long-term capital growth, while renovators may find opportunities to add value to properties. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022