Grovedale, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Grovedale
VICCensus 2021 · Population 14,874
Grovedale is a suburb with a population of 14,874, characterized by a slightly older median age of 41 compared to the Victorian average of 38. The community is predominantly composed of families, with 67.8% of households being family households. The housing market is largely owner-dominated, with 34.8% of properties owned outright and 34.1% owned with a mortgage. The suburb has a significant proportion of separate houses at 85.9%, which is higher than the Victorian average of 73.4%.
Key Highlights
- High proportion of family households at 67.8%
- Owner-dominated housing with 68.9% ownership
- Predominantly English-speaking, with 86.6% speaking only English at home
- Low unemployment rate of 4.4%, below the Victorian average of 5.0%
- High percentage of separate houses at 85.9%
Things to Consider
- Lower educational attainment with 21.5% holding a bachelor's degree or higher, compared to 29.2% in Victoria
- Below average median household income of $1,477 per week, compared to $1,759 in Victoria
- Limited public transport usage at 1.8%
- Higher percentage of residents with health conditions compared to the Victorian average
- Lower percentage of residents working from home at 15.1%
What's it like living here?
Daily life in Grovedale is centered around family and community activities. With 62.4% of residents driving to work, the suburb has a car-centric commuting pattern, although 15.1% work from home, which is lower than the Victorian average of 25.7%. The community has a balanced mix of professionals and trades workers, with the top occupations being professionals (19.9%) and technicians and trades workers (16.1%).