Heatherton, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Heatherton
VICCensus 2021 · Population 2,827
Heatherton is a suburb with a population of 2,827, characterized by a median age of 41, which is slightly older than the Victorian average of 38. The suburb has a balanced gender distribution with 49.0% males and 51.0% females. Families are a significant part of the community, with 55.5% of households being couples with children and 27.7% couples without children. The area has a high percentage of separate houses at 81.7%, indicating a preference for traditional housing styles. The median household income is $2,088 per week, which is above the Victorian average of $1,759.
Key Highlights
- Above average income levels - median household income is $2,088 per week (vs VIC $1,759)
- High percentage of family households - 77.4% of all households
- Significant work-from-home population - 29.7% (vs VIC 25.7%)
- High educational attainment - 31.9% hold a bachelor’s degree or higher (vs VIC 29.2%)
- Predominantly separate houses - 81.7% of housing stock
Things to Consider
- Slightly higher unemployment rate at 5.3% compared to VIC average of 5.0%
- Lower public transport usage at 3.6%
- Higher median weekly rent at $471
- Significant percentage of single-person households at 20.1%
- Moderate percentage of rented properties at 26.9%
What's it like living here?
Daily life in Heatherton is likely to be family-oriented, with a significant number of residents commuting by car (48.3%) and a notable 29.7% working from home. The suburb has a community feel with a high percentage of family households (77.4%). The presence of professionals and managers as top occupations suggests a workforce engaged in skilled jobs. The area is culturally diverse, with 60.0% of residents born in Australia and a significant portion (49.6%) born overseas.