Burnside, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Burnside
VICCensus 2021 · Population 5,795
Burnside is a suburb with a population of 5,795 and a median age of 37, slightly younger than the Victorian average of 38. It is predominantly a family-oriented area, with 61.6% of households being couples with children, compared to 25.2% of couples without children. The suburb has a diverse cultural background, with 50.9% of residents born overseas, significantly higher than the Victorian average of 35.0%. Housing in Burnside is largely owner-occupied, with 82.2% of homes owned outright or with a mortgage, and only 9.9% rented, which is much lower than the state average of 28.5%.
Key Highlights
- Above average household income - $1,871 weekly (vs VIC $1,759)
- High family household presence - 80.8% are family households
- Diverse cultural background - 50.9% born overseas
- Predominantly owner-occupied housing - 82.2% owned
- High percentage of separate houses - 85.3%
Things to Consider
- Higher unemployment rate at 7.6% compared to VIC 5.0%
- Lower percentage of residents with bachelor's degrees - 21.0% (vs VIC 29.2%)
- Limited public transport usage - only 3.9%
- Relatively low work-from-home rate - 18.7% (vs VIC 25.7%)
- Higher median monthly mortgage - $2,000
What's it like living here?
Daily life in Burnside is characterized by a strong sense of community and family life. The suburb has a high rate of car usage for commuting, with 58.0% of residents driving to work, while only 3.9% use public transport. Working from home is less common than the Victorian average, with 18.7% of the workforce doing so. The suburb's employment landscape is diverse, with a significant portion of the population working in professional, clerical, and trade occupations.