Maldon

Maldon, VIC 3463 is a historic town with a population of 1,665 residents. The age distribution is varied, with a significant proportion aged 45 years and over. The median household income is $1,059 per week. The main occupations in the area include managers, professionals, and technicians/tradeworkers. Residents have access to various commuting options, with a notable number working from home. The town has a moderate level of educational advantage based on the ICSEA percentile. Maldon presents opportunities for property investment in houses. The suburb has a diverse demographic profile and a stable population growth over the years. With a low social housing ratio and a moderate rental yield, it can be attractive for landlords. The median house price is within a range that may appeal to first-time buyers and investors. The high room demand-supply ratio indicates potential for renting out rooms. However, the sale price IQR suggests the presence of renovators in the market. Maldon offers a historical and tranquil lifestyle with opportunities for property investors interested in houses. The suburb's demographic mix, moderate growth rates, and educational facilities make it appealing for both homeowners and investors. The town's affordability index and rental yield can make it an attractive option for those looking to enter the property market or expand their investment portfolio. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022