Black Rock, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Black Rock
VICCensus 2021 · Population 6,389
Black Rock is a suburb with a total population of 6,389, characterized by a median age of 49, which is higher than the Victorian average of 38. The suburb has a balanced gender distribution with 47.9% males and 52.1% females. Families in Black Rock are predominantly couples with children, making up 45.1% of households, while couples without children account for 43.6%. The suburb has a high level of educational attainment, with 42.2% of residents holding a bachelor's degree or higher, compared to the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 42.2% hold bachelor degrees (vs VIC 29.2%)
- Low unemployment rate at 3.0% (vs VIC 5.0%)
- High median household income of $2,416 per week (vs VIC $1,759)
- Significant work-from-home culture - 42.2% (vs VIC 25.7%)
- Owner-dominated housing with 49.6% owned outright
Things to Consider
- Higher median age of 49 may not appeal to younger demographics
- Low public transport usage at 2.1% could be a concern for non-drivers
- High property prices with a median monthly mortgage of $2,897
- Limited rental market with only 17.4% rented properties
- Lower cultural diversity with 72.2% born in Australia (vs VIC 65.0%)
What's it like living here?
Daily life in Black Rock is marked by a strong community feel, with a significant portion of the population working from home (42.2%), much higher than the Victorian average of 25.7%. The suburb has a high proportion of separate houses (56.0%), with a notable number of townhouses (34.2%), indicating a preference for spacious living. Commuting is predominantly by car, with 38.0% of residents driving to work, while public transport usage is relatively low at 2.1%.