Burnside Heights, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Burnside Heights
VICCensus 2021 · Population 6,373
Burnside Heights is a suburb with a population of 6,373, characterized by a young median age of 33, which is lower than the Victorian average of 38. The community is predominantly composed of families, with 68.6% of households being couples with children, significantly higher than the state average. The suburb has a diverse cultural background, with 51% of residents born overseas, compared to the Victorian average of 35%. Housing in Burnside Heights is primarily owner-occupied, with 61.6% of homes owned with a mortgage.
Key Highlights
- High family presence - 68.6% of households are couples with children
- Diverse cultural community - 51% born overseas
- Above average education - 31.3% hold a bachelor's degree or higher
- High median household income - $2,246 weekly
- Predominantly separate houses - 90.7% of dwellings
Things to Consider
- Unemployment rate of 6.8%, above the state average of 5.0%
- Low public transport usage at 4.0%
- High reliance on cars for commuting
- Limited rental market with only 17.9% rented properties
- Higher median weekly rent at $411
What's it like living here?
Daily life in Burnside Heights is family-centric, with a strong sense of community. The suburb has a high labour force participation rate of 70.6%, with many residents working in professional occupations. Commuting is primarily by car, with 54.8% of residents driving to work, while 23.2% work from home. The suburb offers a suburban lifestyle with access to essential amenities and services.