Grassmere

Grassmere, VIC 3281 is a small suburb with a population of 385 residents. The majority of residents are aged between 0 to 64 years, with a notable number of professionals and managers among the occupations. The suburb offers a mix of commuting options, with a significant portion of residents working from home. The median weekly household income is relatively high, indicating a stable economic base. With a high market absorption rate and low stock on market rate for houses, Grassmere presents opportunities for property investors interested in the housing market. The population growth rate over the years suggests a positive trend for future property demand. Additionally, the substantial number of building approvals and their value signal potential growth and development in the housing sector. Grassmere, VIC 3281 is a suburb with a small population but an appealing investment landscape, particularly for those looking into the housing market. The demographics show a mix of age groups and occupations, with a notable trend towards professionals and managers. With strong market indicators and growth potential in the housing sector, Grassmere presents opportunities for property investors seeking long-term growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022