Iona, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Iona
VICCensus 2021 · Population 235
Iona, VIC is a small rural community with a total population of 235 people. The median age is 47, which is significantly higher than the Victorian median of 38, indicating a mature community. The suburb has a balanced gender distribution with 50.2% male and 49.8% female residents. Family structures are predominantly couples with children, accounting for 52.9% of households, while couples without children make up 41.2%. Single-parent households are present at 16.2%, and single-person households are 15.8%.
Key Highlights
- High home ownership - 86.1% owned (vs VIC 68.3%)
- Above average median household income - $1924 weekly (vs VIC $1759)
- Predominantly separate houses - 100% (vs VIC 73.4%)
- Low rental market presence - 3.8% rented (vs VIC 28.5%)
- Significant work from home presence - 25.4%
Things to Consider
- Higher median age may not suit younger demographics
- Limited public transport options
- Lower educational attainment - 10.5% with bachelor's or higher (vs VIC 29.2%)
- Limited cultural diversity - 77.9% born in Australia
- Potential health concerns with 46.7% reporting conditions
What's it like living here?
Daily life in Iona is characterized by a strong sense of community, with 84.2% of households being family households. The suburb has a high rate of home ownership, with 34.2% owning their homes outright and 51.9% owning with a mortgage. Commuting is primarily by car, with 53.2% of residents driving to work, while 25.4% work from home, which is slightly below the Victorian average.