Bulleen, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Bulleen
VICCensus 2021 · Population 11,221
Bulleen is a suburb with a population of 11,221, characterized by a median age of 45, which is older than the Victorian average of 38. The suburb has a balanced gender distribution with 48.8% males and 51.2% females. Families are predominant in Bulleen, with 75.2% of households being family households. The area is known for its cultural diversity, with 43.9% of residents born overseas, higher than the Victorian average of 35.0%. The suburb has a strong Italian and Greek heritage, reflected in the top ancestries and languages spoken at home.
Key Highlights
- Highly educated population - 34.4% hold bachelor degrees or higher (vs VIC 29.2%)
- Above average household income - median weekly income of $1,814 (vs VIC $1,759)
- High rate of home ownership - 48.8% owned outright
- Significant cultural diversity - 43.9% born overseas
- Strong professional workforce - 29.7% employed as professionals
Things to Consider
- Median age is higher than average, which may affect community dynamics
- Lower public transport usage could impact those without cars
- Higher median weekly rent of $459 may challenge renters
- Unemployment rate slightly above state average at 5.1%
- Limited apartment living options with only 8.3% apartments
What's it like living here?
Daily life in Bulleen is characterized by a high rate of home ownership, with 48.8% of homes owned outright and 28.8% owned with a mortgage. The suburb has a significant proportion of residents working from home (30.2%), which is higher than the Victorian average of 25.7%. Commuting by car is common, with 47.9% of residents driving to work, while public transport usage is relatively low at 4.2%.