Carnegie, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Carnegie
VICCensus 2021 · Population 17,910
Carnegie is a suburb with a population of 17,910, characterized by a median age of 36, slightly younger than the Victorian average of 38. The gender distribution is relatively balanced with 48.5% males and 51.5% females. The suburb has a diverse age distribution with 4.8% of the population in the 0-4 age group and 4.9% in the 5-9 age group. Families in Carnegie are varied, with 44.6% being couples without children and 41.5% being couples with children. Single-person households make up 35.0% of the community.
Key Highlights
- Highly educated population - 50.5% hold bachelor degrees or higher (vs VIC 29.2%)
- Above average household income - $1,878 weekly (vs VIC $1,759)
- Significant work-from-home culture - 39.7% (vs VIC 25.7%)
- Diverse cultural community - 53.7% born in Australia
- Renter-heavy housing - 42.3% rented properties (vs VIC 28.5%)
Things to Consider
- High proportion of rental properties may affect community stability
- Lower percentage of separate houses - 31.9% (vs VIC 73.4%)
- Higher median rent of $395 weekly may impact affordability
- Unemployment rate of 4.6% is slightly below the VIC average of 5.0%
- High percentage of apartments - 39.7% of housing stock
What's it like living here?
Daily life in Carnegie is marked by a significant portion of the population working from home, with 39.7% of residents doing so, compared to the Victorian average of 25.7%. Public transport is used by 9.2% of the population for commuting, while 34.3% drive cars. The suburb has a vibrant community feel with a mix of cultural backgrounds, as 53.7% were born in Australia and a notable percentage from India and China.