Garfield, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Garfield
VICCensus 2021 · Population 2,109
Garfield is a family-oriented suburb with a total population of 2,109 and a median age of 39, slightly above the Victorian average of 38. The suburb has a balanced gender distribution with 50.6% males and 49.4% females. Families are a significant part of the community, with 49.7% of households being couples with children and 41.0% couples without children. The average household size is 2.8 people, indicating a family-friendly environment. Housing in Garfield is predominantly owner-occupied, with 34.8% owned outright and 49.4% owned with a mortgage, while only 11.2% of properties are rented.
Key Highlights
- High proportion of separate houses - 94.6% compared to VIC 73.4%
- Low unemployment rate of 4.0% vs VIC 5.0%
- Significant number of Technicians and Trades Workers - 21.4% of the workforce
- Majority of residents speak only English at home - 90.4%
- High percentage of residents born in Australia - 82.6%
Things to Consider
- Lower percentage of residents with a bachelor's degree or higher - 14.0% vs VIC 29.2%
- Limited public transport usage at 1.6%
- Below average work-from-home rate at 15.7% vs VIC 25.7%
- Higher median monthly mortgage of $1800 compared to the median weekly rent of $330
- Limited cultural diversity with 82.6% born in Australia
What's it like living here?
Residents of Garfield primarily rely on cars for commuting, with 62.5% driving to work, while public transport usage is low at 1.6%. A notable 15.7% of the workforce works from home, which is below the Victorian average of 25.7%. The suburb has a strong community feel, with a high percentage of family households and a significant number of residents born in Australia (82.6%). Daily life in Garfield is likely centered around family activities and local community events.