Located in Victoria within the Golden Plains local government area, Piggoreet is a quiet locality (postcode 3351). The area has roughly 17 residents and a more retirement-aged population, with a median age of 65. Households earn a median income of $49K per year, with an average household size of 2.3 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 top ancestries reported are Australian, Scottish, English.
The current median weekly rent is $460. The median monthly mortgage repayment is $921.
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.