Thornbury, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Thornbury
VICCensus 2021 · Population 19,004
Thornbury is a suburb with a population of 19,004, characterized by a diverse community with a median age of 37. The suburb has a balanced gender distribution with 47.7% male and 52.3% female residents. The family structure is varied, with 40.7% of households being couples without children and 43.1% being couples with children. Single-person households make up 33.6% of the community, reflecting a mix of family and individual living arrangements. The suburb has a high level of educational attainment, with 46.9% of residents holding a bachelor's degree or higher, significantly above the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 46.9% hold bachelor degrees (vs VIC 29.2%)
- Above average household income - $1,971 weekly (vs VIC $1,759)
- Significant work-from-home culture - 42.0% of residents
- Diverse housing options with 51.4% separate houses and 24.5% apartments
- Rich cultural diversity with 29.5% born overseas
Things to Consider
- Higher rental prices with a median weekly rent of $391
- Unemployment rate slightly above state average at 4.7%
- Lower percentage of residents with no health conditions at 60.2% (vs VIC 61.0%)
- High percentage of renters at 41.9%, which may affect community stability
- Lower percentage of homes owned outright at 27.1%
What's it like living here?
Daily life in Thornbury is marked by a strong sense of community and convenience. With 42.0% of the workforce working from home, the suburb offers a flexible lifestyle for professionals. Commuting is diverse, with 30.0% of residents driving to work and 6.7% using public transport. The suburb's cultural diversity is reflected in its top languages spoken at home, including Greek and Italian, alongside English.