Hastings, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Hastings
VICCensus 2021 · Population 10,369
Hastings is a suburb with a population of 10,369, characterized by a median age of 41, which is slightly higher than the Victorian average of 38. The gender distribution is fairly balanced with 47.7% male and 52.3% female. The suburb has a diverse age distribution, with 5.8% of the population aged 0-4 and 6.3% aged 5-9. Families in Hastings often consist of couples without children (40.6%) and single-parent households (23.5%). The average household size is 2.3 people, which aligns with the family-oriented nature of the suburb.
Key Highlights
- Low unemployment rate of 4.5% compared to the Victorian average of 5.0%
- High percentage of separate houses at 72.8%
- Significant portion of the population born in Australia at 76.0%
- Technicians and Trades Workers are the top occupation at 21.1%
- Median weekly rent is $320, which is relatively affordable
Things to Consider
- Below average educational attainment with only 10.1% holding a bachelor's degree
- Lower median household income of $1,197 compared to the Victorian average of $1,759
- High percentage of low-income households at 25.6%
- Limited public transport options with only 0.7% using it for commuting
- Higher percentage of residents with health conditions such as mental health issues at 14.1%
What's it like living here?
Daily life in Hastings is characterized by a strong reliance on cars, with 64.3% of residents driving to work. Public transport usage is minimal at 0.7%, reflecting the suburb's reliance on personal vehicles. The work-from-home rate is 11.1%, significantly lower than the Victorian average of 25.7%. The community feel is enhanced by the presence of family households, which make up 63.9% of the suburb.