Lalor, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Lalor
VICCensus 2021 · Population 23,225
Lalor is a diverse suburb with a population of 23,225 people, characterized by a median age of 37, which is slightly younger than the Victorian average of 38. The suburb has a balanced gender distribution with 49.9% males and 50.1% females. Families are a significant part of the community, with 46.5% of households being couples with children and 19.3% being single-parent households. The cultural diversity is notable, with 53% of residents born overseas, compared to the Victorian average of 35%. The suburb has a strong representation of Italian, Macedonian, and Vietnamese communities.
Key Highlights
- High cultural diversity with 53% born overseas (vs VIC 35%)
- Predominantly owner-occupied housing with 39.1% owned outright
- Significant family presence with 46.5% couples with children
- High percentage of separate houses at 88.8% (vs VIC 73.4%)
- Notable Italian ancestry at 12.5% of the population
Things to Consider
- Unemployment rate of 7.5%, higher than VIC average of 5.0%
- Below average educational attainment with 18.4% holding a bachelor's degree (vs VIC 29.2%)
- Median household income of $1,348 weekly, below VIC average of $1,759
- Lower work-from-home rate at 16.2% compared to VIC 25.7%
- Higher percentage of low-income households at 20.3%
What's it like living here?
Daily life in Lalor involves a mix of commuting options, with 58.7% of residents driving to work and 7.2% using public transport. The suburb has a work-from-home rate of 16.2%, which is lower than the Victorian average of 25.7%. The community feel is enhanced by the high percentage of family households, making it a family-friendly environment. The suburb's housing is predominantly separate houses, accounting for 88.8% of all dwellings.