The median (middle score) age of the population in the postcode.
Generally speaking, the older and faster the age of an area, (up to retirement age) the likelihood that incomes will also be higher and increasing at a faster rate than the state average.
An older area also usually implies a higher percentage rate of fully unencumbered ownership.
Please note the different colour shading used for 2011 and 2016 are just highlighting our projections verses actual data.
All projections are just simple extrapolations of what has occurred historically.
The projections and actual data should not be relied upon in making investment decisions.