Devon Meadows, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Devon Meadows
VICCensus 2021 · Population 1,553
Devon Meadows is a rural family suburb with a population of 1,553 people and a median age of 44, which is higher than the Victorian average of 38. The suburb has a higher percentage of males (52%) compared to females (48%). The community is primarily composed of family households, accounting for 80.9% of all households, with an average of 2.9 people per household. The area is characterized by a high proportion of separate houses, making up 99.4% of the housing stock, with a significant portion of homes owned outright (44.7%) or with a mortgage (35.4%).
Key Highlights
- Low unemployment rate of 2.4% compared to VIC's 5.0%
- High proportion of separate houses at 99.4% (vs VIC 73.4%)
- Above average median household income of $1,790 weekly (vs VIC $1,759)
- Predominantly Australian-born population at 74.8%
- High percentage of family households at 80.9%
Things to Consider
- Lower percentage of residents with bachelor's degrees or higher at 10.5% (vs VIC 29.2%)
- Limited public transport use at 1.1%
- Higher median age of 44 compared to VIC's 38
- Lower percentage of people without health conditions at 54.7% (vs VIC 61.0%)
- Relatively low cultural diversity with 79.6% speaking only English at home
What's it like living here?
Daily life in Devon Meadows is likely to be quiet and community-focused, with a strong emphasis on family living. The majority of residents commute by car (58.3%), with a small percentage using public transport (1.1%). A notable 16.8% of the population works from home, which is below the Victorian average of 25.7%. The suburb's employment landscape is dominated by technicians, trades workers, and managers, reflecting the area's practical and managerial work culture.