Lysterfield, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Lysterfield
VICCensus 2021 · Population 6,681
Lysterfield is a suburb with a population of 6,681, characterized by a slightly older median age of 41 compared to the Victorian average of 38. The gender distribution is nearly equal, with 49.9% male and 50.1% female. The suburb has a high proportion of family households at 88.9%, with 60.2% being couples with children. The average household size is 3.2 people, indicating a family-oriented community. Housing in Lysterfield is predominantly separate houses, with 99.8% of dwellings being separate houses, significantly higher than the Victorian average of 73.4%.
Key Highlights
- High median household income of $2,754 per week (vs VIC $1,759)
- Low unemployment rate of 3.4% (vs VIC 5.0%)
- Predominantly separate houses at 99.8% (vs VIC 73.4%)
- High percentage of family households at 88.9%
- Significant work-from-home population at 25.5%
Things to Consider
- Limited public transport use at 1.3%
- Higher median age of 41 compared to VIC average of 38
- Lower percentage of bachelor degree holders at 26.1% (vs VIC 29.2%)
- Low rental market presence at 7.4% (vs VIC 28.5%)
What's it like living here?
Daily life in Lysterfield is likely to be car-dependent, with 55.5% of residents driving to work. Public transport use is low at 1.3%, but a significant 25.5% of the workforce works from home, aligning with the Victorian average. The suburb's high median household income of $2,754 per week suggests a comfortable lifestyle for its residents. The community has a strong sense of stability, with a high percentage of home ownership, as 37.9% own their homes outright and 53.2% own with a mortgage.