Charlemont, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Charlemont
VICCensus 2021 · Population 2,613
Charlemont is a suburb characterized by its young population, with a median age of 29, significantly lower than the Victorian average of 38. The suburb has a total population of 2,613, with a slight female majority at 51.5%. The area is predominantly composed of family households, accounting for 70.9% of all households, with couples with children making up 42.4% of these. The suburb exhibits a strong owner-occupier presence, with 60.0% of homes owned with a mortgage, and only 10.4% owned outright.
Key Highlights
- Young population with a median age of 29 (vs VIC 38)
- High labour force participation at 78.5%
- Above average median household income of $2,102 weekly (vs VIC $1,759)
- Predominantly separate houses at 97.8% (vs VIC 73.4%)
- Low unemployment rate of 2.3% (vs VIC 5.0%)
Things to Consider
- Lower percentage of residents with bachelor's degrees at 28.3% (vs VIC 29.2%)
- Limited public transport usage at 2.2%
- Higher median weekly rent of $415
- Lower work from home rate at 16.0% (vs VIC 25.7%)
- Relatively low percentage of homes owned outright at 10.4%
What's it like living here?
Daily life in Charlemont is likely to be family-oriented, with a high percentage of residents commuting by car (63.9%) and a relatively low use of public transport (2.2%). The suburb has a notable percentage of residents working from home (16.0%), which is lower than the Victorian average of 25.7%. The community feel is enhanced by a high percentage of separate houses (97.8%), providing ample space for families.