Myrtlebank is a small suburb with a population of 126 residents. The majority of residents fall within the age groups of 5 to 19 years and 45 to 64 years. The suburb boasts a median household income slightly above the national average. The most common occupations are Managers, Professionals, and Technicians/tradeworkers, indicating a mix of white and blue-collar workers. The commute to work mainly involves motor vehicles, with a notable percentage working from home. Myrtlebank presents limited opportunities for property investment, especially for houses, given the small number of properties and low market activity. The high vacancy rate and low stock on market rate could be concerning for potential investors. However, the online search interest is relatively high, suggesting some level of buyer demand. Investors should carefully assess the market dynamics before considering investment in this suburb. Myrtlebank is a quiet suburb with a small community and limited real estate market activity. The residents enjoy a mix of occupations and have a preference for commuting by motor vehicle. For property investors, cautious consideration is advised due to the high vacancy rate and low stock on market rate. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022