Kings Park, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Kings Park
VICCensus 2021 · Population 8,200
Kings Park is a suburb with a population of 8,200, characterized by a median age of 38, which aligns with the Victorian average. The area has a balanced gender distribution with 49.5% male and 50.5% female residents. The suburb is predominantly a family-oriented community, with 80.1% of households being family households. The area has a significant number of couple families with children, making up 45% of all families, while 23.2% are single-parent families. The suburb also has a diverse cultural background, with 60.1% of residents born overseas, notably higher than the Victorian average of 35%.
Key Highlights
- High cultural diversity - 60.1% born overseas (vs VIC 35%)
- Predominantly family households - 80.1% are family households
- High percentage of separate houses - 95.2% (vs VIC 73.4%)
- Significant Vietnamese community - 18.4% born in Vietnam
- Owner-dominated housing - 41.5% owned outright
Things to Consider
- Unemployment rate is high at 10.1% (vs VIC 5%)
- Lower educational attainment - 12% with a bachelor's degree (vs VIC 29.2%)
- Below average median household income - $1,224 weekly (vs VIC $1,759)
- Low work-from-home percentage - 10.8% (vs VIC 25.7%)
- Higher percentage of low-income households - 21.4%
What's it like living here?
Daily life in Kings Park is influenced by its family-oriented nature and cultural diversity. The suburb has a high percentage of residents who drive to work, with 63.9% using a car, while only 5.4% use public transport. The work-from-home rate is 10.8%, which is lower than the Victorian average of 25.7%. The community has a mix of occupations, with a significant number of residents working as labourers, machinery operators, and technicians.