Edithvale, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Edithvale
VICCensus 2021 · Population 6,279
Edithvale is a suburb with a population of 6,279, featuring a median age of 40, slightly above the Victorian average of 38. The gender distribution is fairly balanced with 48.3% male and 51.7% female. The suburb has a significant proportion of families, with 44.7% being couples with children and 36.3% couples without children. Single-parent families make up 17.7% of households. The area has a higher median household income of $2,101 per week compared to the Victorian average of $1,759, indicating a relatively affluent community.
Key Highlights
- Highly educated population - 32.1% hold bachelor degrees (vs VIC 29.2%)
- Low unemployment rate at 3.1% (vs VIC 5.0%)
- Above average household income - $2,101 weekly (vs VIC $1,759)
- Significant work-from-home culture - 32.6% (vs VIC 25.7%)
- High percentage of professionals - 29.4% of workforce
Things to Consider
- Higher proportion of apartments - 31.6% (vs VIC 26.6%)
- Lower percentage of separate houses - 50.5% (vs VIC 73.4%)
- Relatively high median weekly rent of $429
- Lower cultural diversity with 77.4% born in Australia (vs VIC 65.0%)
What's it like living here?
Daily life in Edithvale is characterized by a strong sense of community, with 70.5% of households being family-oriented. The suburb has a diverse housing mix, with 50.5% separate houses, 17.6% townhouses, and 31.6% apartments. Commuting is facilitated by a significant portion of the population working from home (32.6%), while 45.9% drive to work and 3.7% use public transport.