Essendon, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Essendon
VICCensus 2021 · Population 21,240
Essendon is an established suburb with a total population of 21,240. The median age is 39, slightly above the Victorian average of 38, indicating a mature community. The suburb has a balanced gender distribution with 48.5% males and 51.5% females. Families are a significant part of the community, with 48.6% of households being couples with children and 37.5% being couples without children. The average household size is 2.4 people, reflecting a mix of family and single-person households.
Key Highlights
- Highly educated population - 41.4% hold bachelor degrees (vs VIC 29.2%)
- Above average household income - $2,132 weekly (vs VIC $1,759)
- Low unemployment rate - 4.2% (vs VIC 5.0%)
- Diverse housing options with 33.0% apartments
- High work-from-home rate - 34.9% (vs VIC 25.7%)
Things to Consider
- Lower percentage of separate houses - 47.2% (vs VIC 73.4%)
- Higher rental market presence - 35.6% rented (vs VIC 28.5%)
- Higher median monthly mortgage - $2,275
- Lower percentage of residents born overseas - 27.9% (vs VIC 35.0%)
What's it like living here?
Daily life in Essendon offers a mix of commuting options and a strong sense of community. With 39.6% of residents driving to work and 7.1% using public transport, there is a reliance on cars, but a notable 34.9% work from home, which is higher than the Victorian average of 25.7%. The suburb has a diverse employment landscape with a significant number of professionals and managers.