Camberwell, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Camberwell
VICCensus 2021 · Population 21,965
Camberwell is an established suburb with a total population of 21,965. The median age is 43, which is higher than the Victorian average of 38, indicating a mature community. The suburb has a higher percentage of females (53%) compared to males (47%). Families are a significant part of the community, with 49.4% being couples with children and 37.3% couples without children. The area is characterized by a high level of education, with 52.2% of residents holding a bachelor's degree or higher, compared to the state average of 29.2%.
Key Highlights
- Highly educated population - 52.2% hold bachelor degrees (vs VIC 29.2%)
- High median household income of $2,457 per week (vs VIC $1,759)
- Predominantly owner-occupied housing - 42.5% owned outright
- Significant work-from-home culture - 43.9% of residents
- Low unemployment rate at 4.2%
Things to Consider
- Higher median age may not appeal to younger demographics
- High property prices with a median monthly mortgage of $3,000
- Limited public transport usage at 5.5%
- High percentage of high-income households may affect affordability
- Rising health conditions such as arthritis and asthma
What's it like living here?
Daily life in Camberwell is marked by a strong sense of community and convenience. A significant portion of the population, 43.9%, works from home, which is notably higher than many other areas. The suburb has a high labour force participation rate of 62.2%, with a low unemployment rate of 4.2%. Commuting by car is common, with 32.6% of residents driving to work, while public transport usage is relatively low at 5.5%.