Middle Park, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Middle Park
VICCensus 2021 · Population 4,000
Middle Park is a suburb with a population of 4,000, characterized by a median age of 45, which is higher than the Victorian average of 38. The gender distribution is fairly balanced, with 48.6% male and 51.3% female. The suburb has a significant proportion of families, with 45.6% being couples with children and 42.2% couples without children. The area is known for its high educational attainment, with 53.1% of residents holding a bachelor's degree or higher, compared to the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 53.1% hold bachelor degrees (vs VIC 29.2%)
- High median personal weekly income of $1,430
- Significant work-from-home culture - 48.2% (vs VIC 25.7%)
- Diverse housing options with 58.3% townhouses
- Low unemployment rate of 3.8% (vs VIC 5.0%)
Things to Consider
- Higher median monthly mortgage of $3,467 may be challenging
- Lower percentage of separate houses at 14.9% (vs VIC 73.4%)
- High percentage of high-income households at 48.8%
- Relatively low public transport usage at 4.6%
- Rented properties at 31.9% slightly above VIC average
What's it like living here?
Residents of Middle Park enjoy a lifestyle that includes a high level of work-from-home arrangements, with 48.2% working from home, significantly higher than the Victorian average of 25.7%. The suburb has a strong community feel, with a mix of housing types, including townhouses (58.3%) and apartments (26.5%). Commuting is less car-dependent, with only 28.2% driving to work, and a small percentage using public transport (4.6%).