Piedmont

PIEDMONT, VIC 3833 is a small suburb with a total population of 52. The demographic skews towards older age groups, with a significant portion aged 45 years and over. The median household income is moderate, and there is a notable presence of professionals and managers in the workforce. The suburb shows a preference for working from home compared to commuting by motor vehicle. Given the small population size and the dominance of older age groups, investors may find limited opportunities in the housing market of PIEDMONT, VIC 3833. However, the presence of professionals and managers could indicate potential demand for rental properties targeting this demographic. Consider exploring options for short-term furnished rentals to cater to professionals looking for temporary accommodations. PIEDMONT, VIC 3833 is a small suburb with an older population profile and a workforce concentrated in managerial and professional occupations. The suburb displays a preference for working from home. Investors may need to explore alternative rental strategies to leverage the demographic composition of the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022