Alphington, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Alphington
VICCensus 2021 · Population 5,701
Alphington is a suburb with a population of 5,701, characterized by a slightly older median age of 39 compared to the Victorian average of 38. The community is predominantly composed of families, with 47.1% of households being couples with children, which is higher than the Victorian average. The suburb has a high level of education, with 53.8% of residents holding a bachelor's degree or higher, significantly above the state average of 29.2%. The area has a diverse housing mix, with 51.9% living in separate houses and a notable 33.7% of the population renting.
Key Highlights
- Highly educated population - 53.8% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,429 weekly (vs VIC $1,759)
- Low unemployment rate - 3.8% (vs VIC 5.0%)
- Significant work-from-home culture - 44.5% (vs VIC 25.7%)
- Diverse housing options with 33.7% renting
Things to Consider
- Higher median weekly rent at $451 may challenge affordability
- Lower percentage of separate houses at 51.9% compared to VIC 73.4%
- Limited public transport usage at 4.8%
- Higher proportion of single-person households at 29.5%
- Potential for increased housing demand due to high education and income levels
What's it like living here?
Daily life in Alphington is marked by a strong work-from-home culture, with 44.5% of the workforce working remotely, well above the Victorian average of 25.7%. The suburb has a balanced community feel, with a mix of families and professionals. Commuting is less car-dependent, with only 30.1% driving to work, reflecting the suburb's proximity to public transport options and local amenities.