Cockatoo, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Cockatoo
VICCensus 2021 · Population 4,406
Cockatoo is a family-oriented suburb with a total population of 4,406 and a median age of 36, which is slightly younger than the Victorian median of 38. The suburb has a balanced gender distribution with 50.7% males and 49.3% females. Families are a significant part of the community, with 51.9% of households being couples with children and 33.1% being couples without children. The area is predominantly Australian-born, with 79.2% of residents born in Australia, compared to the Victorian average of 65%.
Key Highlights
- Above average household income - $1,991 weekly (vs VIC $1,759)
- Low unemployment rate - 3.2% (vs VIC 5.0%)
- High percentage of separate houses - 99.7% (vs VIC 73.4%)
- Predominantly owner-occupied homes - 65.6% with mortgage
- Strong family presence - 79.3% family households
Things to Consider
- Lower percentage of residents with higher education - 15.5% (vs VIC 29.2%)
- Limited public transport usage - 0.8%
- Lower diversity with 79.2% born in Australia (vs VIC 65%)
- Higher percentage of mental health conditions - 11.6%
- Limited rental market - 7.5% rented properties
What's it like living here?
Daily life in Cockatoo is characterized by a strong sense of community and family life. The majority of residents commute by car, with 60.3% driving to work, while only 0.8% use public transport. The suburb has a relatively high percentage of people working from home at 18.7%, although this is below the Victorian average of 25.7%. The community is largely English-speaking, with 88.1% speaking only English at home.