Clarinda, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Clarinda
VICCensus 2021 · Population 7,440
Clarinda is a suburb with a total population of 7,440 and a median age of 45, which is higher than the Victorian average of 38. The gender distribution is fairly balanced with 48.8% males and 51.2% females. The suburb has a significant proportion of families, with 76.4% of households being family households. The average household size is 2.7 people, indicating a family-oriented community. A notable feature of Clarinda is its multicultural character, with 55.5% of residents born overseas, compared to the Victorian average of 35.0%. The suburb is home to a diverse range of ancestries and languages, with Greek being the most common language spoken at home after English.
Key Highlights
- High rate of home ownership - 73.8% owned outright or with a mortgage
- Diverse cultural community - 55.5% born overseas
- Predominantly separate houses - 87.8%
- Significant Greek-speaking population - 14.2%
- Low apartment living - only 0.5% of housing
Things to Consider
- Higher median age may not appeal to younger buyers
- Lower percentage of residents with bachelor's degrees (26.4%) compared to VIC (29.2%)
- Below average median household income ($1,589 vs VIC $1,759)
- Unemployment rate slightly above VIC average (5.6% vs 5.0%)
- Limited public transport usage (4.8%)
What's it like living here?
Daily life in Clarinda is characterized by a strong sense of community, with many residents owning their homes outright (43.7%) or with a mortgage (30.1%). The suburb has a high percentage of separate houses (87.8%), which is significantly above the Victorian average of 73.4%. Commuting patterns show that 53.6% of residents drive to work, while 22.8% work from home, slightly below the Victorian average of 25.7%. Public transport usage is relatively low at 4.8%.