Kew, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Kew
VICCensus 2021 · Population 24,501
Kew is an established suburb with a population of 24,501, characterized by a slightly older median age of 41 compared to the Victorian average of 38. The suburb has a balanced gender distribution with 48.1% male and 51.9% female residents. A significant portion of the population, 46.6%, are couples with children, indicating a family-oriented community. The education level is notably high, with 52.0% of residents holding a bachelor's degree or higher, well above the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 52.0% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,497 weekly (vs VIC $1,759)
- Low unemployment rate - 3.9% (vs VIC 5.0%)
- Significant work-from-home culture - 40.1% (vs VIC 25.7%)
- Diverse cultural community - 33.9% born overseas
Things to Consider
- Higher median age may not appeal to younger demographics
- High median monthly mortgage of $3,000
- Lower percentage of separate houses at 50.5% (vs VIC 73.4%)
- High percentage of high-income households at 43.8%
- Limited public transport usage at 4.5%
What's it like living here?
Daily life in Kew is marked by a strong professional presence, with 41.6% of the workforce employed as professionals. The suburb has a high work-from-home rate of 40.1%, significantly above the Victorian average of 25.7%, suggesting a flexible work lifestyle. Commuting is diverse, with 35.9% driving to work and a small percentage using public transport. The community feel is enhanced by a mix of cultural backgrounds, with 33.9% of the population born overseas.