Ceres, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Ceres
VICCensus 2021 · Population 266
Ceres is a small rural community with a total population of 266 people. The median age is 41, slightly higher than the Victorian average of 38, indicating a mature population. The suburb is predominantly composed of families, with 58.1% of households being couples with children, compared to 29.7% of couples without children. The area has a high percentage of owner-occupied homes, with 52.9% owned outright and 47.1% owned with a mortgage, and only 3.4% of properties being rented. The median household weekly income is $3125, significantly higher than the Victorian average of $1759, reflecting a well-off community.
Key Highlights
- Highly educated population - 48.5% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $3125 weekly (vs VIC $1759)
- Predominantly owner-occupied homes - 100% owned (52.9% outright, 47.1% with mortgage)
- Low rental market presence - only 3.4% rented properties
- Significant work-from-home population - 28.9% (vs VIC 25.7%)
Things to Consider
- Higher unemployment rate at 7.1% compared to VIC average of 5.0%
- Limited rental opportunities with only 3.4% of properties rented
- Small population size may limit social and cultural activities
- High percentage of high-income households may impact affordability for some buyers
- Limited diversity with 91.7% born in Australia
What's it like living here?
Residents of Ceres enjoy a rural lifestyle with a strong sense of community. The majority of the workforce consists of professionals, with 38% of the population employed in this occupation. A significant portion of the population, 28.9%, works from home, which is slightly higher than the Victorian average of 25.7%. Commuting by car is common, with 54.9% of residents driving to work. The suburb's education level is high, with 48.5% of residents holding a bachelor's degree or higher.