Croydon Hills, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Croydon Hills
VICCensus 2021 · Population 4,839
Croydon Hills is a suburb with a population of 4,839, characterized by a median age of 42, which is slightly older than the Victorian average of 38. The gender distribution is fairly balanced with 49.6% male and 50.4% female. Families are predominant in this area, with 54.1% of households being couples with children, and 32.1% being couples without children. The suburb has a high percentage of separate houses at 99.9%, indicating a strong preference for standalone homes.
Key Highlights
- High home ownership - 89.2% owned (outright or with mortgage)
- Low unemployment rate at 3.6% (vs VIC 5.0%)
- High median household income of $2,437/week (vs VIC $1,759)
- Significant professional workforce - 25.9% in professional roles
- Predominantly Australian-born population - 79.9%
Things to Consider
- Limited rental market with only 9.9% rented properties
- Higher median age may not appeal to younger demographics
- Low public transport usage at 1.8%
- High median weekly rent at $491
- Predominantly English-speaking, may lack cultural diversity
What's it like living here?
Residents of Croydon Hills enjoy a suburban lifestyle with a high rate of home ownership. The median household income is $2,437 per week, which is significantly higher than the Victorian average of $1,759. Commuting is primarily done by car, with 50.9% driving to work, while 29.0% work from home, reflecting a flexible work environment. The community has a strong sense of stability and family orientation.