Kalimna

Kalimna, VIC 3909 is a small suburb with a population of 1350 residents. The age distribution is diverse, with a significant number of residents aged 45 to 64 and 65 or over. The median weekly household income is $1,055. The suburb offers a mix of housing options with a majority of residents owning their homes. The most common occupations include Technicians and Tradesworkers, Community and Personal Service Workers, and Managers. The suburb has a considerable number of residents who commute by motor vehicle. For house investors, Kalimna may be suitable for those looking to renovate properties, given the high Sale Price IQR Ratio, indicating potential opportunities for adding value through renovations. The suburb has shown a strong median growth rate over the past years, suggesting good long-term investment potential. For unit investors, the market is rather stable with a low stock on market rate and a moderate yield. There is a high ratio of units being rented out indicating a steady demand for rental units. Kalimna, VIC 3909 offers a peaceful lifestyle with a diverse demographic mix and steady population growth. House investors may find opportunities for renovation projects and long-term growth, while unit investors can benefit from a stable market with consistent rental demand. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022