Melton, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Melton
VICCensus 2021 · Population 7,952
Melton is a suburb with a total population of 7,952, characterized by a median age of 40, slightly higher than the Victorian average of 38. The gender distribution is nearly even, with 49.8% male and 50.2% female. Families form a significant part of the community, with 36.4% being couples with children and 33.6% couples without children. Single-parent families make up 27.0% of households. The suburb has a diverse cultural background, with 37.6% of residents born overseas, slightly above the Victorian average of 35.0%.
Key Highlights
- High percentage of separate houses - 83.3% (vs VIC 73.4%)
- Diverse cultural background - 37.6% born overseas
- Significant number of machinery operators and drivers - 15.4%
- Low median weekly rent - $300
- High percentage of family households - 63.9%
Things to Consider
- Unemployment rate of 9.5% is higher than the VIC average of 5.0%
- Low percentage of residents with bachelor's degrees - 9.6% (vs VIC 29.2%)
- Below average median household income - $1,058 weekly (vs VIC $1,759)
- Higher percentage of rented properties - 34.4% (vs VIC 28.5%)
- Lower work-from-home percentage - 12.6% (vs VIC 25.7%)
What's it like living here?
Daily life in Melton involves a strong reliance on cars, with 60.8% of the population driving to work. Public transport usage is relatively low at 3.5%. The suburb has a mix of employment types, with 52.6% working full-time and 29.1% part-time. The community has a notable presence of machinery operators and drivers, making up 15.4% of the workforce. The suburb offers a mix of housing options, with 83.3% living in separate houses and a median weekly rent of $300.