Raymond Island

Raymond Island, VIC 3880, is a small suburb with a population of 589 residents. The demographic skews towards older age groups, with a significant number of residents over 65 years. The suburb also has a mix of professionals, community, and personal service workers living in the area. Commuting to work primarily involves motor vehicles, with a notable percentage working from home. For investors interested in houses, Raymond Island shows promising signs with a median sale price in an affordable range. The suburb has experienced steady median growth rates over the past few years and has shown a low vacancy rate. High online search interest indicates a potential demand for housing. The suburb also presents opportunities for renovation projects due to a higher sale price IQR ratio. Raymond Island, VIC 3880, offers a peaceful lifestyle with a tight-knit community. The suburb presents a good opportunity for property investors interested in houses, with steady growth rates, low vacancy, and potential for renovation projects. The high proportion of residents working from home indicates a flexible and adaptable lifestyle in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022