Gladstone Park, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Gladstone Park
VICCensus 2021 · Population 8,217
Gladstone Park is a suburb with a total population of 8,217, characterized by a median age of 42, which is slightly older than the Victorian average of 38. The gender distribution is balanced with 50% male and 50% female residents. Families are a significant part of the community, with 43.6% of households being couples with children and 35.2% being couples without children. The suburb has a high percentage of separate houses at 96.4%, indicating a preference for traditional housing styles.
Key Highlights
- High percentage of separate houses - 96.4% (vs VIC 73.4%)
- Balanced gender distribution with 50% male and 50% female
- Significant family presence - 76.6% family households
- Predominantly owner-occupied housing - 42.9% owned outright
- Diverse cultural background with 38.5% born overseas
Things to Consider
- Unemployment rate of 7.2% is higher than the VIC average of 5.0%
- Lower percentage of residents with bachelor degrees or higher at 16.0% (vs VIC 29.2%)
- Below average median household income of $1,452 weekly (vs VIC $1,759)
- Lower work-from-home rate at 19.3% compared to VIC 25.7%
- Higher percentage of residents with health conditions like arthritis at 10.8%
What's it like living here?
Daily life in Gladstone Park is likely centered around family activities, given the high percentage of family households at 76.6%. Commuting is primarily done by car, with 58.1% of residents driving to work, while only 3.0% use public transport. The work-from-home rate is 19.3%, which is below the Victorian average of 25.7%, suggesting a community that is more reliant on commuting.