Nangana
3781 VIC
Nangana, VIC 3781 is a small suburb with a total population of 54 residents. The demographic composition skews towards older age groups, with a significant proportion of residents aged 65 years or over. The median household income is relatively high, and the majority of residents commute by motor vehicle.
Given the small population size and demographics skewed towards older residents, investors may find limited rental demand in Nangana for both houses and units. However, the suburb's high-income households could present opportunities for property development aimed at retirees or offering lifestyle amenities for seniors.
Nangana, VIC 3781 is a small suburb with an aging population and high-income households. Limited rental demand may pose challenges for investors, but catering to the needs of retirees could offer niche development opportunities.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Nangana houses.
Median Price
$2.100M
# Sales
2
12M Growth
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10Y Ave Growth
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Why Buyers Look Here
Owner occupier appeal — 88% owner-occupied — strong community stability and pride of ownership.
Affluent area — IRSAD rank 81/10 — high socio-economic advantage.
Capital Growth
Pricing and long-term growth profile for Nangana houses.
Median Price
$2.100M
# Sales
2
12M Growth
—
10Y Ave Growth
—
Rental Market
Yield, rental pricing and vacancy performance for Nangana houses.
Weekly Rent
—
Rental Yield
—
Vacancy Rate
—
Rentals Last 12M
—
Supply & Demand
Stock levels, days on market and selling conditions for Nangana.
Stock on Market
3.7%
Days on Market
187
Building Approvals
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Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Nangana.
Population
54
Owner Occupiers
88%
Median Income
$98k
IRSAD Rank
81
Recent Sales
Recently sold properties in Nangana.
