Monegeetta, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Monegeetta
VICCensus 2021 · Population 208
Monegeetta is a small rural community with a population of 208 people. The median age is 41, slightly above the Victorian average of 38, indicating a mature population. The suburb is predominantly composed of family households, with 87.9% of households being family-based. The area has a significant proportion of couples with children, accounting for 47.5% of families. Housing in Monegeetta is predominantly separate houses, with 100% of homes being separate houses compared to the Victorian average of 73.4%.
Key Highlights
- Above average household income - $2222 weekly (vs VIC $1759)
- High percentage of family households - 87.9%
- Significant work-from-home population - 32.1% (vs VIC 25.7%)
- Predominantly Australian-born - 80.2%
- Low rental market presence - 5.8% rented homes
Things to Consider
- Higher unemployment rate - 6.4% (vs VIC 5.0%)
- Limited cultural diversity - 13.6% born overseas (vs VIC 35.0%)
- Lower educational attainment - 20.0% with bachelor's or higher (vs VIC 29.2%)
- Limited public transport options
- Higher median age may not appeal to younger demographics
What's it like living here?
Daily life in Monegeetta is characterized by a strong sense of community and rural living. Many residents work from home, with 32.1% of the workforce doing so, which is higher than the Victorian average of 25.7%. Commuting is primarily done by car, with 48.6% of residents driving to work. The suburb has a high level of home ownership, with 34.8% owning their homes outright and 55.1% owning with a mortgage.