Poowong

Poowong, VIC 3988 is a small suburb with a population of 717. The age demographic skews towards older residents aged 45 to 64 years and younger individuals aged 5 to 19 years. The suburb offers a mix of occupations with managers, professionals, and technicians/tradeworkers being the top three. It has a median household income above the national average, indicating relative affluence. Residents enjoy a moderate commute time with a notable percentage working from home. With a moderate property market, Poowong presents good opportunities for both homeowners and property developers interested in houses. The suburb has shown stable growth with a high median growth rate. The suburb's high median sale price and yield, combined with a moderate discount median, indicate a balanced market. The suburb's education percentile suggests an average standard of education, making it attractive for families looking to settle down. Poowong, VIC 3988 is a small, family-friendly suburb with a balanced property market appealing to both homeowners and developers. Its stable growth, high yield, and affordable prices present promising investment opportunities for those looking for long-term returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022