Heathcote, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Heathcote
VICCensus 2021 · Population 2,958
Heathcote is a small rural town with a population of 2,958 people, characterized by a median age of 57, which is significantly higher than the Victorian average of 38. The community consists predominantly of couples without children, making up 58.6% of families, and a notable 35.5% of households are single-person. The suburb has a high percentage of separate houses at 94.8%, with a majority of homes owned outright (51.1%). The town has a low percentage of residents with a bachelor's degree or higher at 11.2%, compared to the state average of 29.2%.
Key Highlights
- High percentage of separate houses - 94.8% of dwellings
- Majority of homes owned outright - 51.1%
- Significant proportion of single-person households - 35.5%
- Predominantly English-speaking community - 84.3% speak only English at home
- Work from home rate of 15.2%, higher than many rural areas
Things to Consider
- Low labour force participation at 40.1%
- Below average education levels with only 11.2% holding a bachelor's degree or higher
- Median household income of $946 is below the state average of $1,759
- Limited public transport options with only 0.6% usage
- Higher prevalence of health conditions like arthritis (20.1%)
What's it like living here?
Daily life in Heathcote is likely to be quiet and relaxed, with a strong sense of community among its older residents. The majority of the workforce is employed as Technicians and Trades Workers (17.1%) and Professionals (15.5%). With 63.8% of residents driving to work, the area is car-dependent, and public transport usage is minimal at 0.6%. The town's health profile indicates a higher prevalence of conditions such as arthritis and mental health issues compared to the state average.