Icy Creek

3833 VIC

ICY CREEK, VIC 3833 is a small suburb with a total population of 28. The demographic is skewed towards older residents, with a significant number in the age groups of 45 to 64 years and 65 years or over. The median mortgage repayment and rent are relatively affordable, indicating a budget-friendly living environment. A notable proportion of residents work from home, reflecting a flexible work culture in the area. There is a limited presence of younger age groups, suggesting a more mature and settled community. Given the small population size and older demographic profile of ICY CREEK, investors may find opportunities in providing housing options suitable for retirees or older individuals. The high number of residents working from home could indicate a growing trend towards remote work, making properties with home office spaces potentially more attractive. ICY CREEK, VIC 3833 offers affordable living with a focus on older residents and a trend towards remote work. Investors could consider catering to the needs of retirees and remote workers when exploring opportunities in the suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022