Jumbunna

Jumbunna, VIC 3951 is a small suburb with a population of 150 residents. The demographic skews towards older age groups, with a significant portion aged between 45 to 64 years. The median household income is in line with the state average. The suburb has a mix of occupations, with managers and professionals being the top occupations. There is a moderate percentage of residents who work from home. With a low number of properties listed for sale and a low stock on market rate, Jumbunna may present a scarcity of housing supply. The suburb has shown a 3-year median house price growth in negative territory, which could indicate a potential opportunity for buyers looking for affordability. However, the high discount median suggests some negotiation room for buyers. Investors may find opportunities for capital growth in the long term based on the 10-year growth rate. Jumbunna, VIC 3951 is a small suburb with an older demographic profile and a mix of occupations. The property market in the suburb indicates potential opportunities for both home buyers and investors. The suburb's affordability index is low, and with a scarcity of properties on the market, it could be an area to watch for those looking for long-term capital growth prospects. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022