Leongatha South

Leongatha South is a small suburb with a population of 616 residents. The majority of the population falls within the age groups of 5 to 64 years. The suburb has a mix of occupations, with Managers, Professionals, and Technicians and Tradesworkers being the top three occupational groups. The median household income is $1,792 per week. The suburb offers a mix of commuting options, with a significant portion working from home. With a high market absorption rate of 40.0%, Leongatha South presents as a suburb with high buyer demand, especially for houses. The suburb has shown strong median growth rates over 12 months and 5 years, indicating a potentially lucrative market for property investors. The vacancy rate is low at 2.5%, suggesting a stable rental market. Leongatha South is a suburb popular among home buyers and property investors alike, with strong growth potential, low vacancies, and a high demand for housing. The suburb offers a peaceful lifestyle with easy access to essential amenities and good prospects for capital growth in the property market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022