The Gurdies

The Gurvies, VIC 3984 has a small population of 243 residents with a balanced age distribution. The suburb offers a mix of housing options with affordable median rent and mortgage repayments. The majority of residents commute by motor vehicle, but there is a significant portion working from home. For Houses: The suburb has a high market absorption rate indicating strong demand. With a low stock on market rate, it suggests limited supply, potentially leading to price growth. Consider renovating properties to leverage the sale price growth demonstrated over the past years. For Units: The median growth is negative, indicating caution for immediate investment. However, the discounted median suggests potential bargains for buyers looking to secure units at lower prices. The Gurvies, VIC 3984 is a suburb with a small yet growing population. It offers a range of housing options suitable for different demographics. Investors can benefit from the high market absorption rate for houses and potential bargains for units. Homeowners can enjoy the affordable living costs and opportunities for remote work. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022