Reefton

REEFTON, VIC 3799 is a small suburb with a population of 102 residents. The age demographic is diverse, with a significant number of individuals aged between 0 to 19 years and 45 to 64 years. The median household income weekly is $850, and there is a mix of occupations present in the area, with professionals, technicians and trade workers, and labourers among the top occupations. The suburb has a moderate level of people commuting by motor vehicle and a smaller percentage working from home. For those interested in houses, REEFTON may appeal to renovators given the high Sale Price IQR ratio. The suburb has shown a fluctuation in median growth rates over recent years, with a notable decline in the past three years followed by a significant increase in the past five and ten years. Online search interest is moderate, and the stock on market rate is low, indicating a relatively stable market. For investors, it may be crucial to consider the affordability index value before making investment decisions. REEFTON, VIC 3799 offers a quiet lifestyle in a small community with a mix of age groups and occupations. The housing market, particularly for houses, presents opportunities for renovators given the sale price IQR ratio. Investors should carefully evaluate the fluctuating growth rates and affordability index when considering investment in the suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022