Laverton, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Laverton
VICCensus 2021 · Population 4,751
Laverton is a suburb with a population of 4,751 people, characterized by a relatively young median age of 32 compared to the Victorian average of 38. The suburb has a higher male population at 53.2% compared to females at 46.8%. The family structure is diverse, with 37.8% of households being couples with children and 21.3% being single-parent households. The average household size is 2.5 people, reflecting a mix of family and single-person households. Housing in Laverton is predominantly separate houses, making up 78.3% of the dwellings, with a significant portion of the population renting at 48.6%.
Key Highlights
- Young population with a median age of 32 (vs VIC 38)
- High rental market with 48.6% of properties rented (vs VIC 28.5%)
- Diverse cultural community with 63.2% born overseas (vs VIC 35.0%)
- Significant work-from-home presence at 16.6%
- Predominantly separate houses at 78.3% (vs VIC 73.4%)
Things to Consider
- Higher unemployment rate at 7.4% (vs VIC 5.0%)
- Below average household income at $1,512 weekly (vs VIC $1,759)
- Lower percentage of residents with a bachelor's degree or higher at 25.8% (vs VIC 29.2%)
- High percentage of renters may affect community stability
- Lower work-from-home rate compared to the Victorian average
What's it like living here?
Daily life in Laverton involves a mix of commuting options, with 48.0% of residents driving to work and 13.9% using public transport. A notable 16.6% work from home, which is below the Victorian average of 25.7%. The suburb's community is culturally diverse, with 63.2% of the population born overseas and a variety of languages spoken at home. The employment landscape is varied, with top occupations including labourers and technicians.