Deepdene, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Deepdene
VICCensus 2021 · Population 2,104
Deepdene is a suburb with a population of 2,104, characterized by a higher median age of 46 compared to the Victorian average of 38. The suburb has a significant proportion of families, with 46.4% of households being couples with children and 40.2% being couples without children. The area is predominantly residential, with 66.2% of dwellings being separate houses. The community is well-educated, with 49.8% of residents holding a bachelor's degree or higher, significantly above the state average of 29.2%.
Key Highlights
- Highly educated population - 49.8% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,243 weekly (vs VIC $1,759)
- Significant work-from-home culture - 39.2% (vs VIC 25.7%)
- Predominantly owner-occupied housing - 47.4% owned outright
- Low unemployment rate - 4.6% (vs VIC 5.0%)
Things to Consider
- Higher median age may not appeal to younger demographics
- Limited public transport usage at 5.2%
- High median monthly mortgage of $3,000
- Lower percentage of rented properties at 20.1% (vs VIC 28.5%)
- Higher property prices may challenge first-home buyers
What's it like living here?
Residents of Deepdene enjoy a suburban lifestyle with a strong sense of community. The suburb has a high rate of people working from home at 39.2%, which is well above the Victorian average of 25.7%. Commuting by car is common, with 37% of residents driving to work. The area offers a peaceful environment with a focus on family life and education.