Loch

LOCH, VIC 3945 is a small suburb with a population of 707 residents. The demographic skews towards older age groups, with a mix of occupations including managers, professionals, and technicians/tradeworkers. The median household income is $1,526 per week, and the residents enjoy a median mortgage repayment of $1,450 monthly. The suburb offers a good balance of work commute options, with a notable percentage of residents working from home. For potential property buyers, the high median growth rate of 11.6% indicates a strong potential for capital growth. The low discount median suggests properties are selling close to their asking prices, indicating a competitive market. The suburb has seen consistent population growth over the years, which could drive housing demand in the future. LOCH, VIC 3945 presents an opportunity for both homebuyers and investors. The suburb offers a peaceful lifestyle with a mix of residents across various occupations. With its high median growth rate and low discount median, it holds promise for long-term capital appreciation and a competitive property market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022