Coimadai, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Coimadai
VICCensus 2021 · Population 408
Coimadai is a small rural community with a total population of 408 people. The median age is 47, which is higher than the Victorian average of 38, indicating a mature population. The suburb has an equal gender distribution with 50% male and 50% female residents. Family structures are prominent, with 50% of households being couples with children and 41.5% being couples without children. The area is characterized by a high percentage of separate houses, with 100% of the housing stock being separate houses.
Key Highlights
- Low unemployment rate of 3.6% compared to the Victorian average of 5.0%
- High percentage of residents born in Australia at 83.6%
- Above average median household income of $1859 per week (vs VIC $1759)
- High percentage of separate houses at 100% (vs VIC 73.4%)
- Significant portion of the population works from home at 21.7%
Things to Consider
- Lower percentage of residents with a bachelor's degree or higher at 14.5% (vs VIC 29.2%)
- Limited cultural diversity with 88.8% speaking only English at home
- Higher median age of 47 may not appeal to younger demographics
- Limited public transport options available
- Potential isolation due to rural setting
What's it like living here?
Daily life in Coimadai is likely to be quiet and community-focused, with a significant portion of the population working from home (21.7%). The majority of residents (61.3%) commute by car, reflecting the rural setting and limited public transport options. The community has a strong sense of stability, with a high percentage of home ownership and a low rental rate of 10.9%.