Emerald, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Emerald
VICCensus 2021 · Population 5,889
Emerald, VIC, is a suburb with a population of 5,889, characterized by a median age of 43, which is higher than the Victorian average of 38. The suburb has a balanced gender distribution with 49.7% male and 50.3% female residents. Families are a significant part of the community, with 49.5% of households being couples with children and 39.2% being couples without children. The area has a high percentage of separate houses at 98.2%, indicating a preference for traditional housing styles.
Key Highlights
- High home ownership - 90.4% of homes are owned outright or with a mortgage
- Above average median household income - $2,119 weekly (vs VIC $1,759)
- Low unemployment rate - 3.0% (vs VIC 5.0%)
- Predominantly Australian-born population - 80.0%
- Significant professional workforce - 20.7% in professional occupations
Things to Consider
- Higher median age may not appeal to younger demographics
- Limited public transport usage at 1.1%
- Lower diversity with 80.0% born in Australia
- Higher housing costs with median monthly mortgage at $2,000
- Lower percentage of residents with bachelor degrees compared to VIC average
What's it like living here?
Residents of Emerald enjoy a suburban lifestyle with a strong sense of community. The suburb has a high rate of car usage for commuting, with 55.9% of residents driving to work. A notable 23.7% of the population works from home, which is slightly below the Victorian average. The community is predominantly English-speaking, with 91.5% of households speaking only English at home.