Belgrave, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Belgrave
VICCensus 2021 · Population 3,893
Belgrave is a suburb with a population of 3,893, featuring a balanced gender distribution with 49.8% male and 50.2% female residents. The median age is 38, aligning with the Victorian average. The suburb has a family-oriented character, with 46.2% of households being couples with children and 35.1% couples without children. The average household size is 2.7 people, indicating a preference for family living. Housing in Belgrave is predominantly separate houses, accounting for 99.2% of the dwellings, with a high rate of homeownership at 91.5% (owned outright or with a mortgage).
Key Highlights
- Above average education levels - 34.4% hold bachelor degrees (vs VIC 29.2%)
- High homeownership rate - 91.5% of homes are owned outright or with a mortgage
- Strong labor force participation - 71.8% of residents are in the workforce
- Significant work-from-home culture - 31.2% work from home (vs VIC 25.7%)
- Predominantly English-speaking - 90% speak only English at home
Things to Consider
- Limited public transport usage at 3.5%
- Higher median weekly rent at $401 compared to some areas
- Low rental market presence with only 7.1% rented properties
- Mental health conditions reported by 12.3% of residents
- Limited cultural diversity with 78.8% born in Australia
What's it like living here?
Daily life in Belgrave is characterized by a strong sense of community and a family-friendly environment. The suburb has a high percentage of residents working from home at 31.2%, which is above the Victorian average of 25.7%. Commuting is primarily done by car, with 46.8% of residents driving to work, while public transport usage is relatively low at 3.5%. The suburb's natural surroundings and community feel make it an attractive place for families and professionals seeking a quieter lifestyle.