Mooroolbark, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Mooroolbark
VICCensus 2021 · Population 23,054
Mooroolbark is a suburb with a population of 23,054, characterized by a median age of 37, slightly younger than the Victorian average of 38. The gender distribution is fairly balanced with 49.6% male and 50.4% female. The suburb has a strong family presence, with 48.6% of households being couples with children, compared to 34.0% couples without children. The average household size is 2.8 people, indicative of family living. The area is predominantly Australian-born, with 75.6% of residents born in Australia, compared to 35.0% born overseas in Victoria.
Key Highlights
- Above average household income - $1,994 weekly (vs VIC $1,759)
- High home ownership - 78.0% owned (outright or with mortgage)
- Low unemployment rate - 4.0% (vs VIC 5.0%)
- Predominantly separate houses - 95.4% (vs VIC 73.4%)
- Significant family presence - 48.6% couples with children
Things to Consider
- Lower percentage of residents with bachelor degrees - 21.4% (vs VIC 29.2%)
- Limited public transport usage - 2.6%
- Higher median monthly mortgage - $2,000
- Lower percentage of overseas-born residents - 24.4% (vs VIC 35.0%)
- Mental health conditions reported by 10.3% of the population
What's it like living here?
Daily life in Mooroolbark is centered around family activities, with a high percentage of separate houses (95.4%) providing ample space for families. The suburb has a high rate of car usage, with 56.2% of residents driving to work, while public transport usage is relatively low at 2.6%. The work-from-home trend is present, with 22.2% of the workforce working remotely, slightly below the Victorian average of 25.7%.