Heathmont, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Heathmont
VICCensus 2021 · Population 9,935
Heathmont is a suburb with a total population of 9,935, characterized by a median age of 41, which is slightly older than the Victorian average of 38. The gender distribution is fairly balanced, with 49.3% male and 50.7% female residents. The suburb has a significant proportion of families, with 52.3% of households being couples with children, and 33.8% being couples without children. Single-parent households make up 12.8% of the community. The average household size is 2.7 people, reflecting a family-oriented environment.
Key Highlights
- High educational attainment - 36.6% hold bachelor degrees (vs VIC 29.2%)
- Low unemployment rate at 3.5% (vs VIC 5.0%)
- High proportion of separate houses at 93.5% (vs VIC 73.4%)
- Above average household income - median weekly $2,140 (vs VIC $1,759)
- Significant work-from-home culture at 33.2% (vs VIC 25.7%)
Things to Consider
- Higher median age may not appeal to younger demographics
- Limited public transport usage at 3.2%
- Low percentage of apartments at 0.3%, limiting housing diversity
- Higher median monthly mortgage of $2,167 could be a barrier for some buyers
- Lower percentage of rented properties at 17.9% (vs VIC 28.5%)
What's it like living here?
Daily life in Heathmont is likely to be family-centric, with a strong community feel. The suburb has a high rate of home ownership, with 38.3% of homes owned outright and 42.2% owned with a mortgage. Commuting is predominantly done by car, with 44.2% of residents driving to work, while 33.2% work from home, which is higher than the Victorian average of 25.7%. Public transport usage is relatively low at 3.2%.