Blackwood, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Blackwood
VICCensus 2021 · Population 388
Blackwood, VIC, is a small rural community with a population of 388 people and a median age of 47, which is higher than the Victorian average of 38. The suburb has a balanced gender distribution with 51.5% male and 48.5% female residents. Family structures in Blackwood are diverse, with 43.8% of households being couples without children and 29.2% being couples with children. Single-person households account for 39.8% of the community, indicating a significant portion of the population lives alone. The suburb is characterized by a high percentage of separate houses, with 99.4% of dwellings being separate houses, compared to the Victorian average of 73.4%.
Key Highlights
- High percentage of separate houses - 99.4% (vs VIC 73.4%)
- Significant work-from-home population - 28.4% (vs VIC 25.7%)
- High proportion of couples without children - 43.8%
- Majority of homes owned with a mortgage - 50.3%
- Predominantly English-speaking community - 87.1% speak only English at home
Things to Consider
- Higher median age of 47 may not appeal to younger buyers
- Unemployment rate of 6.6% is above the VIC average of 5.0%
- Limited diversity with 79.1% born in Australia
- Median household income of $1424 is below the VIC average of $1759
- Limited public transport options
What's it like living here?
Daily life in Blackwood is likely to be quiet and community-focused, with a significant portion of the population working from home (28.4%), which is above the Victorian average of 25.7%. The majority of residents commute by car, with 48.9% driving to work. The suburb has a strong sense of community, with a high percentage of residents born in Australia (79.1%) and a predominant use of English at home (87.1%).