Ballan, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ballan
VICCensus 2021 · Population 3,385
Ballan is a suburb with a total population of 3,385, characterized by a median age of 43, which is higher than the Victorian average of 38. The gender distribution is fairly balanced with 48.6% male and 51.4% female. The suburb has a significant proportion of family households, accounting for 70.8% of all households, with couples without children making up 43% and couples with children 40.2%. The area is predominantly Australian-born, with 82.3% of residents born in Australia, compared to the Victorian average of 65%.
Key Highlights
- Low unemployment rate of 4.0%, below the Victorian average of 5.0%
- High percentage of separate houses at 93.5%, compared to 73.4% in Victoria
- Significant proportion of family households at 70.8%
- High percentage of residents born in Australia at 82.3%
- Owner-dominated housing with 36% owned outright and 43.9% with a mortgage
Things to Consider
- Lower percentage of residents with a bachelor's degree or higher at 17.3% compared to 29.2% in Victoria
- Median household income is below the Victorian average, at $1,560 weekly
- Lower than average work-from-home percentage at 18.9%
- Higher median age of 43 compared to the Victorian average of 38
- Lower percentage of residents without health conditions at 53.7% compared to 61% in Victoria
What's it like living here?
Daily life in Ballan is likely to be quiet and community-oriented, with a high percentage of residents living in separate houses (93.5%). Most residents commute by car, with 58.1% driving to work, while 18.9% work from home, which is lower than the Victorian average of 25.7%. The suburb has a low public transport usage rate of 2.6%.