Wollert, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Wollert
VICCensus 2021 · Population 24,403
Wollert is a suburb with a population of 24,403, characterized by a young median age of 30 years, which is notably younger than the Victorian median of 38 years. The suburb has a balanced gender distribution with 50.4% male and 49.6% female residents. Families are predominant here, with 63.2% of households being couples with children, and the average household size is 3.3 people. The area is culturally diverse, with 46.4% of the population born in Australia and significant communities from India, Iraq, and Sri Lanka.
Key Highlights
- Young population with a median age of 30 years (vs VIC 38 years)
- High percentage of families with children - 63.2%
- Above average median household income of $1,979 weekly (vs VIC $1,759)
- High level of education with 31.8% holding a bachelor's degree or higher (vs VIC 29.2%)
- Predominantly owner-occupied housing with 62.6% owned with a mortgage
Things to Consider
- Higher unemployment rate at 6.2% compared to state averages
- Limited public transport usage at 4.8%
- Low percentage of homes owned outright at 11.2%
- Predominantly English-speaking at home is low at 31.1%
- High median monthly mortgage of $2,000
What's it like living here?
Daily life in Wollert is family-oriented, with a strong emphasis on community and family activities. The suburb has a high labour force participation rate of 69.3%, with many residents working as professionals or in community and personal service roles. Commuting is primarily done by car, with 61.9% of people driving to work, while 17.1% work from home, reflecting a flexible work environment.