Hurstbridge, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Hurstbridge
VICCensus 2021 · Population 3,558
Hurstbridge is a family-oriented suburb with a population of 3,558 people. The median age is 41, slightly higher than the Victorian average of 38, indicating a mature community. The suburb has a balanced gender distribution with 50.1% male and 49.9% female residents. Family households are predominant, comprising 81.5% of all households, with 51.9% being couples with children. The area is characterized by a high percentage of separate houses at 96.9%, significantly above the Victorian average of 73.4%.
Key Highlights
- High home ownership - 88.2% of homes are owned outright or with a mortgage
- Above average education - 30.2% hold a bachelor's degree or higher
- Low unemployment rate of 3.9%, below the Victorian average of 5.0%
- High median household income of $2,168 per week, above the Victorian average
- Predominantly English-speaking community - 93.9% speak only English at home
Things to Consider
- Limited public transport options with only 2.4% using it for commuting
- Higher median age may not appeal to younger demographics
- Low rental market presence with only 10.5% of properties rented
- Potential for limited cultural diversity with 86.1% born in Australia
- Higher median weekly rent of $420 compared to some other areas
What's it like living here?
Residents of Hurstbridge enjoy a suburban lifestyle with a strong sense of community. The suburb has a high labour force participation rate of 69.6%, and a notable 26.7% of the workforce works from home, slightly above the Victorian average. Commuting is primarily done by car, with 51.5% of residents driving to work. Public transport usage is low at 2.4%, indicating a reliance on personal vehicles.