Beveridge, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Beveridge
VICCensus 2021 · Population 4,640
Beveridge is a suburb with a total population of 4,640 people, characterized by a relatively young median age of 32 years compared to the Victorian average of 38. The suburb has a balanced gender distribution with 50.6% male and 49.4% female residents. Families are the predominant household type, with 60.1% being couples with children and 27.7% couples without children. The average household size is larger than the Victorian average, at 3.2 people per household.
Key Highlights
- Young population with a median age of 32 years (vs VIC 38)
- High family household percentage at 87.7%
- Above average median household income of $2,266 weekly (vs VIC $1,759)
- Owner-dominated housing with 64.9% owned with a mortgage
- High labour force participation rate of 72.6%
Things to Consider
- Lower percentage of residents with bachelor degrees at 19.3% (vs VIC 29.2%)
- Limited public transport usage at 1.5%
- High reliance on car commuting at 63.8%
- Lower work-from-home percentage at 16.3% (vs VIC 25.7%)
- Higher median monthly mortgage of $2,052
What's it like living here?
Daily life in Beveridge is family-oriented, with a high percentage of family households at 87.7%. Commuting is primarily done by car, with 63.8% of residents driving to work, while only 1.5% use public transport. The suburb has a significant portion of its workforce working from home at 16.3%, which is lower than the Victorian average of 25.7%.