Lysterfield South, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Lysterfield South
VICCensus 2021 · Population 991
Lysterfield South is a small suburb with a population of 991 people, characterized by a higher median age of 44 compared to the Victorian average of 38. The suburb is predominantly male with 53.4% of the population being male. It is a family-oriented area, with 60% of households being couples with children and an average household size of 3.4 people. The suburb has a high percentage of separate houses at 97.9%, significantly above the Victorian average of 73.4%.
Key Highlights
- High median household income of $3,223 per week, significantly above the Victorian average of $1,759.
- Predominantly owner-occupied housing with 44.8% owned outright and 51.2% owned with a mortgage.
- Low unemployment rate of 4.2%, below the Victorian average of 5.0%.
- High percentage of residents working from home at 27.5%, above the state average.
- Majority of the population speaks English at home (71.0%).
Things to Consider
- Higher median weekly rent of $640 compared to other areas.
- Limited public transport usage at 0.7%, indicating potential challenges for non-drivers.
- Lower percentage of residents with a bachelor's degree or higher (25.0%) compared to the Victorian average (29.2%).
- Limited cultural diversity with 64.9% born in Australia.
- High reliance on car travel for commuting.
What's it like living here?
Daily life in Lysterfield South is likely to be car-dependent, with 53.6% of residents driving to work and only 0.7% using public transport. A notable 27.5% of the workforce works from home, which is slightly above the Victorian average. The community has a strong family presence, with many activities likely centered around family life and local amenities.