South Dudley

South Dudley, VIC 3995 is a small suburb with a population of 421, experiencing steady population growth over the past years. The age distribution shows a diverse range of age groups, with a significant number of residents aged between 20 to 64 years. The median household income is $993 weekly, with a mix of occupations including professionals, technicians, and community service workers. The suburb offers various commuting options, including motor vehicles and walking, and has a notable percentage of residents working from home. For Houses, South Dudley presents a relatively balanced real estate market with a moderate median sale price, indicating potential for stable growth. The high market absorption rate suggests strong demand, making it appealing for both homebuyers and investors. The suburb's sale price IQR ratio is moderate, indicating opportunities for renovations or property development. For Units, although the median growth has been negative, the suburb still offers affordability and potential for long-term growth given the steady population increase and moderate building approvals. South Dudley, VIC 3995 is a suburb with a mix of residents across different age groups and occupations, offering a comfortable lifestyle with various commuting options. The real estate market in South Dudley presents opportunities for both Houses and Units, with the potential for stable growth and investment, especially with the high market absorption rate and moderate sale price IQR ratio. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022