Port Franklin

Port Franklin, VIC 3964 is a small suburb with a population of 174. The demographic profile skews towards older age groups, with a notable proportion aged 45 to 64 years. The median household income is relatively high, indicating a degree of affluence within the community. Commuting mainly occurs by motor vehicle, with a modest percentage working from home. For houses, Port Franklin presents an interesting opportunity for investors. The suburb has shown strong growth trends over the past few years, with a high market absorption rate and a median growth rate well above average. The relatively low stock on market rate suggests limited supply, potentially increasing demand for properties. The affordable median household income may attract renters looking for quality accommodation. Port Franklin, VIC 3964, offers a quiet lifestyle with a close-knit community. Investors eyeing the housing market could benefit from the suburb's growth potential and high demand. Homeowners seeking a serene coastal living environment may find the suburb appealing, with various amenities and services within easy reach. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022