Altona North, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Altona North
VICCensus 2021 · Population 12,967
Altona North is a suburb with a population of 12,967, characterized by a median age of 37, slightly younger than the Victorian average of 38. The gender distribution is fairly balanced with 48.2% male and 51.8% female. The suburb has a diverse cultural makeup, with 40.9% of residents born overseas, higher than the Victorian average of 35.0%. Families are predominant, with 45.1% being couples with children and 18.2% single-parent households. The housing market is mixed, with 68.8% living in separate houses and a notable 27.3% in townhouses.
Key Highlights
- Diverse cultural community with 40.9% born overseas
- High work-from-home rate at 30.4% (vs VIC 25.7%)
- Mixed housing options with 68.8% separate houses and 27.3% townhouses
- Average household income of $1,695 per week
- Significant professional workforce at 24.5%
Things to Consider
- Unemployment rate of 5.8% is above the VIC average of 5.0%
- Lower percentage of residents with bachelor degrees at 24.8% (vs VIC 29.2%)
- Higher percentage of low-income households at 20.4%
- Median monthly mortgage of $2,167 may be a consideration for buyers
- Public transport usage is low at 4.4%
What's it like living here?
Daily life in Altona North offers a mix of commuting options, with 48.1% of residents driving to work and 30.4% working from home, which is above the Victorian average of 25.7%. The community has a strong family presence, with 70.5% of households being family households. The suburb's employment landscape is diverse, with a significant portion of the workforce in professional occupations.