Geelong, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Geelong
VICCensus 2021 · Population 5,812
Geelong is a suburb with a population of 5,812, characterized by a median age of 40, slightly older than the Victorian average of 38. The suburb has a diverse demographic with 28.1% of residents born overseas, compared to the state average of 35%. The community is predominantly female, with women making up 52.1% of the population. Family structures are varied, with 53.2% of households being couples without children and 33.1% being couples with children.
Key Highlights
- Above average education levels - 37.1% hold bachelor degrees (vs VIC 29.2%)
- High rental market presence - 43.9% of properties are rented
- Significant professional workforce - 32.5% are professionals
- Diverse cultural background - 28.1% born overseas
- Higher median personal income - $865 weekly (vs VIC median)
Things to Consider
- Higher rental market may limit ownership opportunities
- Unemployment slightly above state average at 5.2%
- Lower percentage of separate houses compared to VIC average
- Work from home percentage below state average
- Presence of health conditions like mental health issues at 9.6%
What's it like living here?
Daily life in Geelong offers a mix of urban and suburban experiences. With 42.7% of residents driving to work and 21.6% working from home, the suburb provides flexibility in commuting and work arrangements. The presence of professionals and managers, who together make up 45.7% of the workforce, suggests a professional community with a focus on industries like healthcare and education.