Icy Creek, VIC 3833 is a small suburb with a total population of 28 residents. The demographic skews towards older age groups, particularly those aged 45 to 64 years and 65 and over. The median rent is relatively low at $250 per week, with a median household income of $649 weekly. Managers make up a notable portion of the workforce, and the suburb has a modest percentage of people working from home. Due to the small population size and predominantly older demographic, there may be limited demand for property in Icy Creek. The low median rent could suggest potential challenges in achieving high rental yields for investors. Homeowners may find the suburb attractive for its peaceful and secluded rural setting. Icy Creek, VIC 3833 is a quiet suburb with a small population, mainly comprising older residents. The affordable rental prices and tranquil environment make it an appealing option for those seeking a peaceful lifestyle away from the hustle and bustle of urban areas. However, investors should carefully consider the limited market demand and potential rental yield challenges before making investment decisions in this suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022