Clyde, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Clyde
VICCensus 2021 · Population 11,173
Clyde is a rapidly growing suburb with a population of 11,173, characterized by a youthful median age of 30, significantly younger than the Victorian average of 38. The suburb is predominantly family-oriented, with 58.1% of households being couples with children, and an average household size of 3.1 people. The housing market is largely owner-occupied, with 68.0% of properties owned with a mortgage, which is higher than the state average of 68.3% ownership. Separate houses dominate the landscape, comprising 97.5% of the housing stock.
Key Highlights
- High labour force participation at 77.4%, above the Victorian average.
- Low unemployment rate of 4.0%, compared to the state average of 5.0%.
- Above average median household income of $2,152 per week (VIC average $1,759).
- Predominantly separate houses at 97.5%, much higher than the state average of 73.4%.
- Significant proportion of young children, with 12.8% aged 0-4 years.
Things to Consider
- Low percentage of residents working from home at 15.7%, below the Victorian average of 25.7%.
- Relatively low percentage of residents with a bachelor's degree or higher at 28.2%, slightly below the state average of 29.2%.
- Limited public transport usage at 3.3%, which may affect commuting options.
- High percentage of homes owned with a mortgage at 68.0%, indicating potential financial commitment.
- Moderate rental market presence at 23.3%, below the Victorian average of 28.5%.
What's it like living here?
Residents of Clyde enjoy a suburban lifestyle with a strong sense of community, reflected in the high percentage of family households at 85.2%. Commuting is primarily car-based, with 63.0% of residents driving to work, while public transport usage is relatively low at 3.3%. The suburb has a vibrant mix of cultural backgrounds, with 52.8% of residents born in Australia and a significant 15.8% from India, contributing to a diverse community feel.