Main Ridge, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Main Ridge
VICCensus 2021 · Population 456
Main Ridge is a small, rural community with a population of 456 people. The median age is 56, significantly higher than the Victorian average of 38, indicating a mature population. The suburb has a high percentage of couple households without children at 55.0%, compared to 32.6% with children. The area is predominantly owner-occupied, with 53.9% of homes owned outright and 28.3% owned with a mortgage. The community is characterized by a high level of education, with 37.3% of residents holding a bachelor's degree or higher, surpassing the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 37.3% hold bachelor degrees (vs VIC 29.2%)
- Low unemployment rate of 1.3% (vs VIC 5.0%)
- High median personal weekly income of $1081
- Predominantly separate houses - 98.3% (vs VIC 73.4%)
- Significant work-from-home culture - 34.2% (vs VIC 25.7%)
Things to Consider
- Higher median age may not suit younger demographics
- Limited public transport options
- Low rental market presence - only 10.6% rented
- Higher median monthly mortgage of $2550
- Limited cultural diversity with 87.2% speaking only English at home
What's it like living here?
Daily life in Main Ridge is likely to be quiet and relaxed, with a significant portion of the population working from home (34.2%), much higher than the Victorian average of 25.7%. The suburb has a strong sense of community, with a high percentage of family households (73.2%). Commuting is predominantly by car, with 39.6% of residents driving to work, reflecting the rural setting and limited public transport options.