Tolmie

Tolmie, VIC 3723 is a small suburb with a population of 547 residents. The demographics are diverse, with a mix of age groups, predominantly aged between 45 to 64 years. The median household income is above average. The suburb offers a peaceful lifestyle with opportunities for WFH, given the commute patterns and low rented ratio. The educational advantage of students in government schools is at the 38th percentile. For houses in Tolmie, the suburb shows potential for renovators due to the high saleprice IQR ratio. The properties have experienced a negative median growth but have displayed growth over a 10-year period. With low stock on market rate and moderate online search interest, investors should consider the long-term growth potential of the suburb despite recent market trends. Tolmie, VIC 3723 presents a unique mix of demographics and lifestyle. Homeowners seeking a quiet retreat with some rental income potential may find the suburb appealing. Investors interested in house renovations and long-term growth should conduct further analysis considering the suburb's historical growth patterns and current market conditions. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022