Bundoora, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Bundoora
VICCensus 2021 · Population 28,065
Bundoora is a suburb with a population of 28,065, characterized by a balanced gender distribution with 50.7% males and 49.3% females. The median age is 38, aligning with the Victorian average. Families are a significant part of the community, with 46.2% being couples with children and 35.9% couples without children. The suburb has a diverse cultural makeup, with 42.2% of residents born overseas, higher than the Victorian average of 35.0%. Housing in Bundoora is predominantly separate houses, making up 76.1% of the dwellings, which is slightly higher than the Victorian average of 73.4%.
Key Highlights
- Diverse cultural community with 42.2% born overseas (vs VIC 35.0%)
- Predominantly separate houses - 76.1% (vs VIC 73.4%)
- High labour force participation at 60.9%
- Significant professional workforce - 23.6% in professional occupations
- Average household income aligns with state median at $1,668 weekly
Things to Consider
- Unemployment rate at 6.6%, higher than VIC average of 5.0%
- Lower percentage of work-from-home compared to VIC average
- Median weekly rent of $381 may be a consideration for renters
- High percentage of single-person households at 23.0%
- Slightly lower percentage of bachelor's degree holders than VIC average
What's it like living here?
Daily life in Bundoora involves a mix of commuting and local work, with 53.0% of residents driving to work and 22.2% working from home, slightly below the Victorian average of 25.7%. The community has a strong educational presence, with 28.7% holding a bachelor's degree or higher, close to the state average. The suburb offers a balanced lifestyle with access to various amenities and services, supported by a range of employment opportunities in professional and administrative sectors.