Abbotsford, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Abbotsford
VICCensus 2021 · Population 9,094
Abbotsford is a vibrant suburb with a total population of 9,094 and a median age of 33, which is younger than the Victorian average of 38. The suburb is characterized by a high percentage of young professionals, with 43.9% working as professionals and 17.8% as managers. The area is predominantly renter-heavy, with 55.4% of residents renting their homes, compared to the Victorian average of 28.5%. Housing in Abbotsford is mainly apartments, making up 62.8% of the dwellings, while separate houses are only 10.2%.
Key Highlights
- Highly educated population - 57.1% hold bachelor degrees or higher (vs VIC 29.2%)
- High median personal weekly income of $1,354, above the Victorian average
- Significant work-from-home culture - 45.8% work from home (vs VIC 25.7%)
- Renter-heavy suburb with 55.4% renting (vs VIC 28.5%)
- Young median age of 33, compared to the Victorian average of 38
Things to Consider
- High percentage of renters may indicate less community stability
- Limited housing options for families, with only 10.2% separate houses
- Higher median weekly rent of $425 could be a barrier for some
- Lower percentage of family households at 47.9%
- Potential for noise and congestion due to urban setting
What's it like living here?
Daily life in Abbotsford is well-suited for those who work from home, with 45.8% of the population doing so, significantly higher than the Victorian average of 25.7%. The suburb offers a mix of urban living with easy access to public transport, though only 9.9% of residents use it for commuting. The community has a diverse cultural background, with 60.6% of residents born in Australia and a notable presence of Vietnamese and English-born individuals.