Croydon South, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Croydon South
VICCensus 2021 · Population 4,757
Croydon South is a suburb with a total population of 4,757 people, characterized by a median age of 38, which aligns with the Victorian average. The suburb has a slightly higher female population at 51.8% compared to males at 48.2%. The community is predominantly family-oriented, with 46.7% of households being couples with children and 35.6% being couples without children. The area has a strong presence of family households, making up 76.2% of all households.
Key Highlights
- Low unemployment rate of 3.6% compared to the Victorian average of 5.0%
- High percentage of separate houses at 91.9% (vs VIC 73.4%)
- Above average median household income of $1,876 weekly (vs VIC $1,759)
- Predominantly English-speaking with 82.0% speaking only English at home
- High percentage of professionals, making up 25.1% of the workforce
Things to Consider
- Lower percentage of residents with bachelor degrees or higher at 27.0% (vs VIC 29.2%)
- Limited public transport usage at 3.1%
- Higher median monthly mortgage of $2,000
- Lower diversity with 76.8% born in Australia
- Slightly lower percentage of residents with no health conditions at 59.4% (vs VIC 61.0%)
What's it like living here?
Daily life in Croydon South is likely to be centered around family activities, given the high percentage of family households. The suburb has a high rate of home ownership, with 33.4% owning their homes outright and 45.8% owning with a mortgage. Commuting is primarily done by car, with 53.6% of residents driving to work, while 25.6% work from home, which is slightly below the Victorian average.