Laverton North, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Laverton North
VICCensus 2021 · Population 122
Laverton North is a small suburb with a total population of 122 people, characterized by an older median age of 56 compared to the Victorian average of 38. The gender distribution is skewed with 68.9% male and 31.1% female residents. The suburb has a high percentage of single-person households at 67.3%, and a significant portion of the population lives in rented accommodations, making up 54.9% of households. The area is primarily industrial, with a notable presence of machinery operators and drivers, and labourers making up 32.4% and 29.7% of the workforce, respectively.
Key Highlights
- High percentage of single-person households - 67.3%
- Significant male population - 68.9%
- Majority of residents work in industrial occupations
- Low median weekly rent at $240
- 16.2% of residents work from home
Things to Consider
- High unemployment rate at 11.1% compared to VIC 5.0%
- Low educational attainment with only 2.8% completing Year 12
- Renter-heavy housing market with 54.9% renting
- Low labour force participation at 33.3%
- High percentage of low-income households at 43.9%
What's it like living here?
Daily life in Laverton North is likely influenced by its industrial nature, with a significant portion of the population working in industries such as road freight transport and automotive repair. The suburb has a low labour force participation rate of 33.3%, and a relatively high unemployment rate of 11.1%, compared to the state average of 5.0%. Commuting is primarily done by car, with 64.9% of residents driving to work. The community feel is likely quiet and less densely populated, given the small population size.