Barunah Park (postcode 3329) is a quiet locality in Victoria within the Golden Plains local government area. With a population of 33, the suburb has a predominantly older resident base with a median age of 58. Households earn a median income of $47K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, sales. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $460. The median monthly mortgage repayment is $3,500.
The crime rate in the Golden Plains LGA is below average at 2,988 incidents per 100,000 population.
From an investment perspective, Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.