Essendon North, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Essendon North
VICCensus 2021 · Population 3,075
Essendon North is a suburb with a population of 3,075, characterized by a median age of 38, which aligns with the Victorian average. The gender distribution is slightly skewed with 53.1% female and 46.9% male residents. The suburb is home to a diverse age range, with 4.7% of the population being children aged 0-4 and 4.5% aged 5-9. Family structures are varied, with 42.3% of households being couples with children and 39.2% couples without children. Single-person households make up 40.1% of the community.
Key Highlights
- Above average education levels - 35.2% hold bachelor degrees (vs VIC 29.2%)
- High work-from-home rate - 29.4% (vs VIC 25.7%)
- Renter-heavy market - 45.8% of properties are rented (vs VIC 28.5%)
- Diverse cultural background - 34.7% born overseas
- High median personal weekly income - $1,031
Things to Consider
- High proportion of apartments - 53.6% (vs VIC 26.6%)
- Lower home ownership rate - 52.7% (vs VIC 68.3%)
- Higher unemployment rate - 4.7% (vs VIC 5.0%)
- Significant single-person households - 40.1%
- Potential for congestion with 44.9% commuting by car
What's it like living here?
Daily life in Essendon North is influenced by its urban setting, with 44.9% of residents commuting by car and 8.2% using public transport. A significant portion, 29.4%, work from home, which is higher than the Victorian average. The suburb has a strong professional presence, with 26.6% of the workforce employed in professional occupations. The community is culturally diverse, with 65.3% of residents born in Australia and notable populations from India and Italy.