Macleod, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Macleod
VICCensus 2021 · Population 9,892
Macleod is a suburb with a population of 9,892 and a median age of 41, which is slightly older than the Victorian average of 38. The suburb is predominantly female, with 52.3% of the population being women. Families are a significant part of the community, with 49.1% of households being couples with children and 35.8% couples without children. The area has a high percentage of residents with a bachelor's degree or higher at 40.1%, compared to the Victorian average of 29.2%. The suburb's housing is primarily composed of separate houses, making up 76.6% of the dwellings.
Key Highlights
- Highly educated population - 40.1% hold bachelor degrees (vs VIC 29.2%)
- Above average median household income - $1,966 weekly (vs VIC $1,759)
- Low unemployment rate - 4.3% (vs VIC 5.0%)
- High percentage of separate houses - 76.6% (vs VIC 73.4%)
- Significant work-from-home culture - 36.7% (vs VIC 25.7%)
Things to Consider
- Median age is higher than the Victorian average, which may affect community dynamics
- Lower percentage of rented properties - 22.6% (vs VIC 28.5%)
- Public transport usage is low at 4.9%
- Higher median weekly rent of $396 may impact affordability
- Limited diversity with 72.1% born in Australia (vs VIC 65.0%)
What's it like living here?
Daily life in Macleod is characterized by a strong sense of community, with many residents working from home (36.7%) and a high labor force participation rate of 64.0%. Commuting is primarily done by car, with 40.2% of residents driving to work, while public transport usage is relatively low at 4.9%. The suburb offers a blend of suburban tranquility and accessibility to urban amenities.