Ouyen

Ouyen, VIC 3490 is a small suburb with a population of 1170 residents. The age distribution is relatively balanced, with a significant number of residents aged 45 to 64 and 65 or over. The suburb offers a median household income slightly above the national average. The most common occupations in Ouyen include Managers, Professionals, and Technicians and Tradesworkers. The majority of residents commute using motor vehicles, while there is also a notable portion working from home. Ouyen presents a potential opportunity for property investors interested in houses. With a median price range within investors' affordability and a high rental yield, it may attract those seeking rental income. The suburb's low vacancy rate and high market absorption rate indicate a strong demand, potentially leading to capital growth. The consistent population growth over the years also suggests a stable real estate market. Ouyen, VIC 3490 is a quiet suburb with a mix of age groups and a focus on traditional occupations. For property investors looking at houses, Ouyen offers affordability, good rental returns, and a promising market environment with stable population growth and strong demand. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022