Dromana, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Dromana
VICCensus 2021 · Population 6,630
Dromana is a coastal suburb with a population of 6,630, characterized by a higher median age of 50 compared to the Victorian average of 38. The community is predominantly composed of couples without children, making up 48.5% of families, and a significant portion of single-person households at 30.9%. The suburb has a strong owner-occupier presence, with 43.7% of homes owned outright and 27.0% owned with a mortgage. The housing stock is primarily separate houses, accounting for 82.3% of dwellings. The area has a lower percentage of residents with a bachelor's degree or higher at 17.9%, compared to the state average of 29.2%.
Key Highlights
- Low unemployment rate of 4.0% compared to VIC average of 5.0%
- High percentage of separate houses at 82.3% (vs VIC 73.4%)
- Significant owner-occupier presence with 43.7% owned outright
- High percentage of residents working from home at 18.9%
- Predominantly English-speaking community with 83.4% speaking only English at home
Things to Consider
- Lower median household income of $1,304 per week compared to VIC average of $1,759
- Higher median age of 50 may not appeal to younger demographics
- Limited public transport use at 1.1%
- Lower percentage of residents with bachelor's degrees at 17.9%
- High percentage of low-income households at 23.0%
What's it like living here?
Daily life in Dromana is likely to be relaxed, with a significant portion of the population working from home (18.9%), which is below the Victorian average of 25.7%. The suburb has a low reliance on public transport, with only 1.1% of residents using it for commuting, while 57.6% drive to work. The community has a strong local feel, with a high percentage of residents born in Australia (74.0%) and a notable presence of English ancestry (39.7%).