Nutfield

Nutfield, VIC 3099 is a small suburb with a total population of 158 people. The age groups are fairly distributed, with a higher representation in the age range of 5 to 64 years. The suburb has a median mortgage repayment amount and weekly rent, showing moderate affordability. The most common occupations are managers, professionals, and clerical/administrative workers. The predominant mode of commuting is by motor vehicle. Given the demographic composition and the prevalence of professionals and technicians/tradeworkers, there may be potential for demand in the rental market, especially for affordable units. The moderate weekly rent suggests a balanced rental market. Investors could consider exploring opportunities to cater to the needs of these occupationally diverse residents. Nutfield, VIC 3099 is a small suburb with a diverse age distribution and a mix of occupations. The suburb offers a moderate affordability in terms of housing costs. Investors interested in the rental market could find opportunities in providing housing solutions for the local professionals and technicians/tradeworkers. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022