Docklands, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Docklands
VICCensus 2021 · Population 15,495
Docklands is a vibrant urban suburb with a population of 15,495, characterized by a youthful median age of 32, compared to the Victorian average of 38. The community is predominantly composed of couples without children, making up 65.0% of families, and a significant proportion of single-person households at 39.4%. The area is highly educated, with 56.2% of residents holding a bachelor's degree or higher, significantly above the Victorian average of 29.2%. The suburb's housing is primarily apartment-based, with 97.8% of dwellings being apartments, and a high rental market presence at 67.1%.
Key Highlights
- Highly educated population - 56.2% hold bachelor degrees (vs VIC 29.2%)
- High median personal weekly income of $1,182 (vs VIC median)
- Significant work-from-home culture - 45.6% (vs VIC 25.7%)
- Predominantly apartment living - 97.8% of housing
- Diverse community with 29.7% born in Australia
Things to Consider
- High rental market presence may limit ownership opportunities
- Unemployment rate at 7.0% is above the VIC average of 5.0%
- Low proportion of separate houses at 0.5%
- Higher median weekly rent at $411 may impact affordability
- Limited family-oriented amenities due to urban setting
What's it like living here?
Daily life in Docklands is marked by a high level of work-from-home arrangements, with 45.6% of the workforce operating remotely, nearly double the Victorian average of 25.7%. The area has a strong professional presence, with 42.2% of residents employed as professionals. Public transport usage is slightly higher than car commuting, reflecting the suburb's urban setting and accessibility. The community is diverse, with a significant portion of residents born overseas, contributing to a multicultural atmosphere.