Grantville, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Grantville
VICCensus 2021 · Population 1,161
Grantville is a small coastal suburb with a total population of 1,161 people. The median age is 52, which is significantly higher than the Victorian average of 38, indicating a mature community. The suburb has a balanced gender distribution with 50.9% male and 49.1% female residents. Families in Grantville are more likely to be couples without children, making up 53% of households, while single-person households account for 37.2%. The area is characterized by a high percentage of separate houses, at 88.3%, and a low proportion of apartments, at just 0.6%.
Key Highlights
- High rate of home ownership - 44.4% owned outright
- Low unemployment rate of 4.2% compared to VIC 5.0%
- Significant proportion of separate houses at 88.3%
- Predominantly English-speaking community at 89.1%
- Notable work-from-home presence at 12.7%
Things to Consider
- Median household income of $1,107 is below the VIC average of $1,759
- Low percentage of residents with a bachelor's degree or higher at 11.7%
- Limited public transport options with only 0.6% usage
- Higher median age of 52 may not appeal to younger families
- Lower labour force participation rate at 49.3%
What's it like living here?
Daily life in Grantville is likely to be quiet and community-focused, with a significant portion of the population working from home (12.7%) or commuting by car (63.7%). Public transport usage is minimal, at 0.6%. The suburb's employment landscape is diverse, with a notable presence of technicians, trades workers, and professionals. The community has a strong Australian cultural identity, with 75% of residents born in Australia and 89.1% speaking only English at home.