Garfield North, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Garfield North
VICCensus 2021 · Population 239
Garfield North is a small rural community with a total population of 239 people. The median age is 50, which is significantly higher than the Victorian average of 38, indicating a mature population. The suburb has a balanced gender distribution with 50.2% males and 49.8% females. Family households are prevalent, comprising 83.6% of all households, with a notable 57.1% of couples living without children, suggesting a community with many empty nesters or retirees. The area is characterized by separate houses, with 100% of the dwellings being standalone homes.
Key Highlights
- High median personal weekly income of $837, compared to the Victorian average.
- 100% of homes are separate houses, indicating a spacious living environment.
- Low rental market presence with only 5.3% of properties rented.
- Significant proportion of the population, 84.7%, speaks only English at home.
- High percentage of owner-occupied homes, with 56% owned outright.
Things to Consider
- Higher median age may not appeal to younger demographics.
- Limited public transport usage at 4.1%, which may affect non-drivers.
- Lower educational attainment with 16.5% holding a bachelor's degree, compared to 29.2% in Victoria.
- Limited diversity with 77.5% of residents born in Australia.
- Potential health concerns with 47.5% reporting health conditions.
What's it like living here?
Residents of Garfield North experience a quiet, rural lifestyle with a strong sense of community. The majority of the workforce commutes by car, with 55.4% driving to work, while a significant portion, 16.5%, work from home. This reflects a community that values both privacy and connectivity. The suburb's employment is diverse, with a significant number of residents working as managers or in clerical roles.