Korumburra South

Korumburra South, VIC 3950 is a small suburb with a total population of 114 residents. The age distribution is relatively evenly spread across different age groups, with a slightly higher percentage of residents aged between 45 to 64 years. The suburb has a median mortgage repayment amount and rent that are moderately affordable. The most common occupations in the area are managers, professionals, and community and personal service workers. The majority of residents commute to work using a motor vehicle. Given the small population size and the demographics skewed towards older age groups, investors may find limited opportunities in Korumburra South for both houses and units. The high percentage of residents in managerial and professional occupations could indicate a stable local economy. However, the lack of data on housing statistics suggests a less active property market in the suburb. Korumburra South, VIC 3950 is a small suburb with a diverse age demographic, predominantly occupied by managers, professionals, and community service workers. The suburb offers moderately affordable housing options with a majority of residents commuting via motor vehicles. Investors may face limited property investment opportunities in Korumburra South due to the small population size and lack of available housing market data. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022