Geelong West, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Geelong West
VICCensus 2021 · Population 7,339
Geelong West is a suburb with a population of 7,339 people and a median age of 36, slightly younger than the Victorian average of 38. The suburb has a balanced gender distribution with 48.2% male and 51.8% female residents. The area is characterized by a mix of family types, with 41.5% of households being couples with children and 40.4% being couples without children. Single-person households make up 34.8% of the community. The suburb has a high level of educational attainment, with 37.6% of residents holding a bachelor's degree or higher, compared to the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 37.6% hold bachelor degrees (vs VIC 29.2%)
- Above average median personal weekly income of $974
- Low unemployment rate of 3.9% (vs VIC 5.0%)
- High percentage of professionals - 31.1% of workforce
- Diverse housing options with 73.7% separate houses and 16.6% apartments
Things to Consider
- High rental market presence at 40.3% may affect housing stability
- Low public transport usage at 2.4% could limit commuting options
- Higher median monthly mortgage of $1996 may challenge affordability
- Significant percentage of single-person households at 34.8%
- Mental health conditions reported by 11.0% of residents
What's it like living here?
Daily life in Geelong West offers a blend of urban convenience and community feel. The suburb has a high labour force participation rate of 69.2%, with a significant portion of the population working from home (26.0%), which is slightly above the Victorian average. Commuting is predominantly by car, with 49.0% of residents driving to work, while public transport usage is low at 2.4%. The suburb's housing market is diverse, with 73.7% of dwellings being separate houses and a significant rental market at 40.3%.