Ashbourne, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ashbourne
VICCensus 2021 · Population 241
Ashbourne is a small rural community with a total population of 241 people. The median age in the suburb is 48, which is higher than the Victorian average of 38, indicating a more mature population. The suburb has a balanced gender distribution with 50.2% male and 49.8% female residents. Families are a significant part of the community, with 49.2% of households being couples with children and 41.3% being couples without children. The average household size is 2.7 people.
Key Highlights
- High income levels - median household income is $2,474 weekly (vs VIC $1,759)
- Highly educated population - 40.9% hold bachelor degrees (vs VIC 29.2%)
- Owner-dominated housing - 92.3% of homes are owned outright or with a mortgage
- Low unemployment rate of 4.9%, slightly below the Victorian average of 5.0%
- Significant work-from-home culture - 35.1% work from home (vs VIC 25.7%)
Things to Consider
- Higher median age may not appeal to younger demographics
- Limited rental market with only 7.8% of properties rented
- High median monthly mortgage of $2,800 could be a barrier for some buyers
- Limited public transport options may require reliance on cars
- Small population size may mean fewer local amenities and services
What's it like living here?
Residents of Ashbourne enjoy a rural lifestyle with a strong sense of community. A significant portion of the workforce, 35.1%, works from home, which is higher than the Victorian average of 25.7%. This suggests a flexible working environment and potential for a work-life balance. The community is predominantly English-speaking, with 89.3% of residents speaking only English at home.