Neerim Junction

NEERIM JUNCTION, VIC 3832 is a small suburb with a population of 139 residents. The age demographic is diverse, with a higher proportion of residents aged 45-64 and 65 or over. The median household income is $1,312 weekly. Commuting predominantly by motor vehicle, residents also have a notable percentage working from home. With a limited housing market indicated by a small number of properties and low sales activity, NEERIM JUNCTION may be suitable for those seeking a quiet lifestyle. The stable median house price and a slight negative growth trend suggest a potential opportunity for renovation or long-term investment strategies. The low rental ratio may indicate a higher demand for purchasing homes over renting in this area. NEERIM JUNCTION, VIC 3832 offers a peaceful living environment with modest property options. The suburb's demographics reflect a mix of age groups and predominantly commuting by motor vehicles. Despite the small market size, there may be investment opportunities for those looking for a stable housing market and potential for long-term growth. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022