Monomeith

Monomeith, VIC 3984 is a small suburb with a total population of 69 residents. The age groups are evenly distributed, with the highest representation in the age bracket of 45-64 years. The median mortgage repayment and rent are relatively affordable, indicating a potentially budget-friendly living environment. The majority of residents commute by motor vehicle, while a small percentage work from home. Given the demographics skewed towards middle-aged residents and the presence of various occupations such as Managers, Clerical and Administrative Workers, and Labourers, there may be a demand for affordable rental accommodation. Investors could explore the potential for offering rental properties targeted at this demographic. Monomeith, VIC 3984 offers an affordable living environment with a mix of age groups and occupations. The suburb's focus on motor vehicle commuting suggests a preference for suburban living. Investors may find opportunities in providing rental properties tailored to the demographic composition. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022