East Geelong, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
East Geelong
VICCensus 2021 · Population 4,008
East Geelong is a suburb with a total population of 4,008 people and a median age of 40, slightly higher than the Victorian average of 38. The suburb has a balanced gender distribution with 47.5% males and 52.5% females. Family structures in East Geelong are diverse, with 43.1% of households being couples without children and 40.7% being couples with children. Single-person households make up 31.1% of the community. The average household size is 2.3 people, indicating a mix of family and individual living arrangements.
Key Highlights
- Highly educated population - 36.2% hold bachelor degrees (vs VIC 29.2%)
- Low unemployment rate - 3.5% (vs VIC 5.0%)
- High percentage of separate houses - 85.2% (vs VIC 73.4%)
- Above average median household income - $1,782 weekly (vs VIC $1,759)
- Significant work-from-home culture - 23.1% of workers
Things to Consider
- Median age is higher than the state average, which may affect community dynamics
- Lower percentage of residents born overseas compared to VIC average
- Rented properties make up 30.7%, slightly above the state average
- Public transport usage is low at 2.2%
- Health conditions like mental health and asthma are notable in the community
What's it like living here?
Daily life in East Geelong is characterized by a strong sense of community, with many residents working locally or from home. The suburb has a high labour force participation rate of 67.4% and a low unemployment rate of 3.5%, compared to the Victorian average of 5.0%. Commuting is primarily done by car, with 49.5% of residents driving to work, while 23.1% work from home, slightly below the state average of 25.7%.