Gruyere

Gruyere, VIC 3770 is a small suburb with a population of 966 residents. The age demographic skews towards older adults, with a good mix of various age groups. The weekly median household income is relatively high at $2,223. The suburb offers a peaceful lifestyle with options for walking and working from home being popular among residents. The suburb has a good mix of occupations, with Managers, Professionals, and Technicians and Tradeworkers being the top three occupation groups. With a high median house price and a notable sale price IQR ratio, Gruyere may attract renovators looking for properties with potential value-add opportunities. The suburb has shown steady growth in median house prices over the past few years, reflecting a positive trend for property investors. The low stock on market rate and discount median indicate a stable and in-demand property market. Homeowners may find this suburb appealing for its scenic surroundings and quality lifestyle. Gruyere, VIC 3770 is a desirable suburb with a high median household income and a mix of age groups. It offers a peaceful lifestyle and presents a good investment opportunity for renovators and property developers interested in the house market. The steady growth in property prices and low stock on market rate make it an attractive option for buyers looking for long-term capital growth potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022