Stony Creek

Stony Creek, VIC 3957 is a small suburb with a population of 310 residents. The area has a mix of age groups with a slightly higher percentage of residents aged 45 to 64 years. The median household income is relatively high. The suburb has a significant percentage of residents working in managerial and technician roles. A notable portion of residents prefer commuting by motor vehicle, while a good number also work from home. For property investors interested in houses, Stony Creek may not be the most active market currently, with a limited number of properties listed for sale or rent. The suburb has seen a decline in median growth over the past year. However, the rental yield is moderate, and there is a potential for renovation projects given the sale price IQR. Investors may also find opportunities in the long-term population growth trend. For homebuyers, the affordability index is quite low in the area. Stony Creek, VIC 3957 offers a quiet lifestyle to its residents with a focus on motor vehicle commuting and some opportunities for remote work. Property investors should carefully consider the subdued market conditions for houses but may find potential in renovation projects and long-term population growth trends. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022