Grantville

Grantville, VIC 3984 is a small suburb with a population of 1168 residents. The demographic profile shows a mix of age groups, with a notable presence of residents aged 45 to 64 years. The median weekly household income is $1,107. The suburb has a varied occupational composition, with Technicians and Tradesworkers, Professionals, and Managers forming the top three occupations. Commuting patterns indicate a higher reliance on motor vehicles compared to other modes of transportation. Grantville presents opportunities for property investors interested in houses. The suburb has a relatively high sale price IQR ratio, suggesting it may be attractive for renovators. With a market absorption rate indicating moderate demand, there is potential for capital growth. The suburb's vacancy rate is low, indicating a stable rental market. Grantville, VIC 3984 offers a peaceful lifestyle for its residents, with a mix of age groups and a diverse occupational landscape. Investors focusing on houses could find value in the suburb due to its potential for renovation projects and stable rental market. The moderate market absorption rate indicates a balanced demand for properties in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022