Marungi

Marungi is a small suburb with a total population of 98 residents. The age group between 45 to 64 years forms the largest segment of the population. The median mortgage repayment is moderately high, while the median rent is relatively low. Most residents commute by motor vehicle, with a smaller portion working from home. The suburb has a diverse mix of occupations, with managers being the most prominent group. Given the demographic profile, the demand for rental properties, especially units, might be limited in Marungi. However, the suburb's affordability and a mix of occupations could attract potential property investors looking for long-term growth potential. Marungi, VIC 3634, is a small suburb with a diverse demographic profile. While the market for rental properties might be limited, the affordability of the area could present investment opportunities for those looking for long-term growth potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022