Aberfeldie, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Aberfeldie
VICCensus 2021 · Population 3,930
Aberfeldie is a suburb with a population of 3,930, characterized by a slightly older median age of 41 compared to the Victorian average of 38. The community is predominantly family-oriented, with 55.9% of households being couples with children, which is higher than the state average. The suburb has a high level of home ownership, with 39.3% of homes owned outright and 37.9% owned with a mortgage. The area is culturally diverse, with 78.8% of residents born in Australia and a notable Italian heritage presence.
Key Highlights
- Highly educated population - 37.6% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,571 weekly (vs VIC $1,759)
- Low unemployment rate at 4.4% (vs VIC 5.0%)
- Significant work-from-home trend - 34.4% (vs VIC 25.7%)
- Predominantly owner-occupied housing - 77.2% owned (outright or with mortgage)
Things to Consider
- Higher median monthly mortgage of $2,600 may challenge affordability
- Limited public transport usage at 2.7% could affect non-drivers
- Lower proportion of rented properties at 20.4% (vs VIC 28.5%)
- Slightly older population with a median age of 41
- Health conditions such as asthma affect 7.7% of the population
What's it like living here?
Daily life in Aberfeldie is marked by a strong sense of community with a high percentage of residents working from home (34.4%), significantly above the Victorian average of 25.7%. The suburb offers a mix of housing types, predominantly separate houses, which make up 66.7% of the housing stock. Commuting is primarily done by car, with 42.7% of residents driving to work, while public transport usage is relatively low at 2.7%.