Eaglemont, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Eaglemont
VICCensus 2021 · Population 3,959
Eaglemont is a suburb with a population of 3,959, characterized by a median age of 46, which is higher than the Victorian average of 38. The suburb has a balanced gender distribution with 48.9% male and 51.1% female residents. Families are predominant, with 49.7% being couples with children and 40.9% couples without children. The area is known for its high educational attainment, with 50.7% of residents holding a bachelor's degree or higher, significantly above the state average of 29.2%. The median personal weekly income is $1,153, and the median household weekly income is $2,866, both of which are above the Victorian averages.
Key Highlights
- Highly educated population - 50.7% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,866 weekly (vs VIC $1,759)
- Low unemployment rate at 3.7% (vs VIC 5.0%)
- Predominantly owner-occupied housing - 48.9% owned outright
- Significant work-from-home culture - 39.5% (vs VIC 25.7%)
Things to Consider
- Higher median age at 46 may not appeal to younger demographics
- Limited public transport usage at 3.9% could affect non-drivers
- High property prices may challenge first-home buyers
- Low rental market presence with only 19.9% rented properties
- Limited diversity with 75.0% born in Australia (vs VIC 65.0%)
What's it like living here?
Daily life in Eaglemont is marked by a strong sense of community and family orientation. The suburb has a high rate of home ownership, with 48.9% of homes owned outright and 29.1% owned with a mortgage. Commuting patterns show that 37.2% of residents drive to work, while a notable 39.5% work from home, reflecting modern work trends. The suburb's proximity to public transport is limited, with only 3.9% using it for commuting.