Tarwin Lower

Tarwin Lower, VIC 3956, is a small suburb with a population of 462 residents. The demographic skew towards older age groups, with a significant number of residents aged between 45 to 64 years and 65 years or over. The suburb has a mix of occupations, with the top three being Managers, Professionals, and Technicians and Tradesworkers. The median household income is $1,262 weekly, indicating a moderate socio-economic status. The suburb offers a good balance between commuting by motor vehicle and working from home. Government schools in the area have a ICSEA percentile of 36.0, suggesting a moderate level of educational advantage for students. The housing market in Tarwin Lower may present opportunities for renovators, given the high Sale Price IQR Ratio. The median sale price for houses is within an affordable range. Although the median growth rate has been negative, the diverse range of occupations in the suburb and the growth in resident population over the years indicate potential for future property value appreciation. With a low vacancy rate, the suburb may be attractive for investors seeking rental properties. Tarwin Lower is a small suburb with a stable population and a mix of age groups, offering a moderate income level. The area provides a balance between traditional commuting methods and work-from-home options. The housing market presents opportunities for renovators and long-term investors, given the affordability and potential for appreciation. The suburb's demographics and educational facilities cater to a diverse community. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022