Merricks Beach, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Merricks Beach
VICCensus 2021 · Population 160
Merricks Beach is a small coastal village with a population of 160, characterized by a high median age of 62, significantly higher than the Victorian median of 38. The community is predominantly female, with 54.4% of the population being women. The suburb has a high proportion of couples without children, accounting for 78.7% of families, and a notable percentage of single-person households at 27.6%. The area is known for its separate houses, with 100% of the housing stock being separate houses, and a high rate of home ownership, with 59.5% owned outright.
Key Highlights
- Highly educated population - 47.6% hold bachelor degrees (vs VIC 29.2%)
- High home ownership - 59.5% owned outright
- Significant work-from-home culture - 42.6% work from home (vs VIC 25.7%)
- Predominantly English-speaking - 95.5% speak only English at home
- Low unemployment rate - 4.8% (vs VIC 5.0%)
Things to Consider
- Aging population with a median age of 62
- Limited public transport options
- Higher median age may not suit younger families
- Low labour force participation at 42.9%
- Potential for limited social and recreational activities
What's it like living here?
Daily life in Merricks Beach is likely to be quiet and relaxed, with a significant portion of the population working from home (42.6%), which is much higher than the Victorian average of 25.7%. The majority of residents commute by car, with 44.3% driving to work. The community has a strong sense of stability, with a high percentage of long-term residents and a low unemployment rate of 4.8%, slightly below the Victorian average.