Koonwarra

Koonwarra, VIC 3954 is a small suburb with a population of 366 residents. The population has shown steady growth over the past years, with a good mix of age groups residing in the area. The suburb offers a peaceful lifestyle with opportunities for walking and working from home. The median household income is relatively high, indicating a stable economic base in the area. The majority of residents commute by motor vehicle. For houses, Koonwarra presents a unique opportunity for investors looking for properties with high growth potential. With a low discount median and median growth rate of over 50%, it is worth considering for long-term investment strategies. The suburb has a low stock on market rate and a relatively low rented ratio, suggesting good demand for housing. The high median compound annual growth rate over 3 and 10 years further underlines its investment potential. Koonwarra, VIC 3954 is a small suburb with a growing population and a tranquil lifestyle. The suburb is suitable for homeowners seeking a peaceful environment and investors interested in the long-term growth potential of the property market, especially in the house segment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022