Essendon West, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Essendon West
VICCensus 2021 · Population 1,562
Essendon West is a suburb with a population of 1,562, characterized by a slightly older median age of 39 compared to the Victorian average of 38. The suburb has a balanced gender distribution with 49.5% males and 50.5% females. Families are a significant part of the community, with 57.2% of households being couples with children. The area has a high percentage of family households at 71.2%, and the average household size is 2.7 people.
Key Highlights
- Highly educated population - 34.1% hold bachelor degrees (vs VIC 29.2%)
- Low unemployment rate of 3.0% (vs VIC 5.0%)
- Above average median household income of $2,338 weekly (vs VIC $1,759)
- Significant work-from-home population at 33.6% (vs VIC 25.7%)
- Majority of housing is separate houses at 67.8%
Things to Consider
- Higher median monthly mortgage of $2,682 may challenge affordability
- Limited public transport usage at 4.5%
- Lower percentage of rented properties at 25.9% (vs VIC 28.5%)
- Lower cultural diversity with 76.5% born in Australia
- Limited apartment living options
What's it like living here?
Daily life in Essendon West is marked by a strong sense of community and family orientation. With 33.6% of the workforce working from home, there is a significant presence of professionals who may enjoy the flexibility of remote work. Commuting is primarily done by car, with 45.1% of residents driving to work, while public transport usage is relatively low at 4.5%.