Clayton, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Clayton
VICCensus 2021 · Population 18,987
Clayton is a vibrant suburb with a population of 18,987, characterized by a youthful median age of 28, significantly lower than the Victorian average of 38. The community is predominantly male, with 53.7% of the population being male. The suburb is culturally diverse, with 72.8% of residents born overseas, compared to the Victorian average of 35%. Housing in Clayton is primarily rented, with 60.7% of properties rented, which is more than double the Victorian average of 28.5%.
Key Highlights
- Highly educated population - 42.3% hold bachelor degrees (vs VIC 29.2%)
- Culturally diverse - 72.8% born overseas (vs VIC 35%)
- High rental market - 60.7% rented properties (vs VIC 28.5%)
- Young population - median age of 28 (vs VIC 38)
- Significant professional workforce - 28.3% in professional occupations
Things to Consider
- Higher unemployment rate at 9.7% compared to VIC 5.0%
- Below average median household income of $1,494 (vs VIC $1,759)
- High proportion of rented properties may indicate transient population
- Lower home ownership rates at 18.6% owned outright (vs VIC 68.3%)
- Potential language barriers with only 28.3% speaking English at home
What's it like living here?
Daily life in Clayton is influenced by its young and diverse population. The suburb has a high proportion of professionals, with 28.3% of the workforce in this occupation, and 19.9% of residents work from home, slightly below the Victorian average of 25.7%. Commuting is varied, with 41.5% driving to work and 12.9% using public transport. The community feel is dynamic, with a significant presence of students and young professionals.