Baxter, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Baxter
VICCensus 2021 · Population 2,166
Baxter is a small suburb with a population of 2,166 people, characterized by a median age of 40, which is slightly higher than the Victorian average of 38. The suburb has a balanced gender distribution with 48.8% males and 51.2% females. Families are a significant part of the community, with 67.3% of households being family households. The area has a relatively high percentage of couple households without children at 41.2%, compared to 39.2% of couples with children. Single-parent families make up 18.8% of the households.
Key Highlights
- Low unemployment rate of 2.7% compared to the Victorian average of 5.0%
- High percentage of separate houses at 87.3%, above the Victorian average of 73.4%
- Significant proportion of residents work as Technicians and Trades Workers at 22.1%
- Majority of households are owned with a mortgage at 46.6%
- Median weekly rent is $360, which may be attractive for renters
Things to Consider
- Lower percentage of residents with a bachelor's degree or higher at 13.2% compared to the Victorian average of 29.2%
- Below average median household income of $1,493 per week compared to the Victorian average of $1,759
- Limited public transport options with only 1.5% using it for commuting
- Higher percentage of single-person households at 31.1%
- Relatively low work-from-home rate at 13.1%
What's it like living here?
Daily life in Baxter is likely to be car-dependent, with 67.4% of residents driving to work. Public transport usage is minimal at 1.5%, which may reflect the suburb's more rural setting. The work-from-home rate is 13.1%, below the Victorian average of 25.7%, indicating that most residents commute to work. The community has a strong sense of local identity, with 81.5% of residents born in Australia and 90.8% speaking only English at home.