Kingsbury, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Kingsbury
VICCensus 2021 · Population 3,462
Kingsbury is a suburb with a population of 3,462, characterized by a median age of 34, which is younger than the Victorian average of 38. The gender distribution is fairly balanced with 51.3% male and 48.7% female residents. The community is diverse, with 52.3% of the population born overseas, significantly higher than the Victorian average of 35.0%. Housing in Kingsbury is predominantly rented, with 44.2% of properties rented compared to the Victorian average of 28.5%. The suburb has a mix of housing types, including separate houses (66.4%), townhouses (16.4%), and apartments (17.7%).
Key Highlights
- Diverse community with 52.3% born overseas (vs VIC 35.0%)
- High percentage of renters at 44.2% (vs VIC 28.5%)
- Younger median age of 34 (vs VIC 38)
- Significant professional workforce at 22.0%
- 20.5% of residents work from home
Things to Consider
- Unemployment rate of 9.3% is higher than the VIC average of 5.0%
- Below average median household income at $1,399 weekly (vs VIC $1,759)
- Higher percentage of rented properties may indicate less stability
- Lower percentage of separate houses compared to VIC average
- Potential language barriers with 52.0% speaking a language other than English at home
What's it like living here?
Daily life in Kingsbury involves a mix of commuting options, with 49.7% of residents driving to work and 10.2% using public transport. A notable 20.5% of the workforce works from home, slightly below the Victorian average of 25.7%. The suburb has a vibrant community feel, supported by a diverse cultural background and a range of languages spoken at home, including Mandarin (7.5%) and Vietnamese (6.8%). Employment is varied, with a significant portion of the workforce employed in professional occupations (22.0%).