Meredith, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Meredith
VICCensus 2021 · Population 823
Meredith is a small rural community with a total population of 823 people. The median age is 45, which is higher than the Victorian average of 38, indicating a mature population. The suburb has a balanced gender distribution with 51.8% males and 48.2% females. Families are a significant part of the community, with 75.3% of households being family households. A notable portion of the population, 42.1%, are couples without children, while 43.0% are couples with children.
Key Highlights
- High home ownership - 82.9% of homes are owned outright or with a mortgage
- Predominantly English-speaking - 91.1% speak only English at home
- Significant agricultural employment - 7.0% work in sheep farming
- Low unemployment rate of 4.2%, below the Victorian average of 5.0%
- 100% of housing consists of separate houses
Things to Consider
- Lower educational attainment with 14.9% holding a bachelor's degree or higher (vs VIC 29.2%)
- Median household income of $1638 is below the Victorian average of $1759
- Limited public transport options with only 0.8% using it for commuting
- Higher median age of 45 may not appeal to younger buyers
- Lower percentage of residents without health conditions at 52.5% compared to VIC's 61.0%
What's it like living here?
Daily life in Meredith is likely to be quiet and community-focused, with a strong emphasis on family life. The suburb has a high percentage of people working from home at 18.6%, which is slightly below the Victorian average of 25.7%. Commuting is predominantly by car, with 58.1% of residents driving to work, and only 0.8% using public transport, reflecting the rural setting.