Buying or renting a property is an important decision. It is also important to understand the suburb and understand the profile of the people living in it. This St Kilda suburb profile will provide a general overview and pointers for aspiring renter, tenant, buyer or investor.
St Kilda suburb profile and suburb overview
St Kilda suburb profile: St Kilda is a well know suburb within the Greater Melbourne City area. The suburb is located in the southern eastern part of Melbourne. It is 6 kilometres south east from Melbourne CBD. The postcode for St Kilda is 3182 and it had a population of over 20,230 people. The split between males and females is 50.8% to 49.2%. This map is showing St Kilda in Victoria.
St Kilda suburb demographics
This report is good outline of St Kilda demographics, ancestry breakdown of people living in the suburb. The report also shows the percentage of properties owned and tenanted in the suburb. It would show the percentage of people living in public housing and weekly household income.
St Kilda ancestry profile
St Kilda suburb profile: St Kilda has a high percentage of English population. Around 28% of people living in St Kilda are of English background. This is follows by Australian at 18%. People of Irish ancestry come third at 13%. It is notable that St Kilda has a high Scottish and Italian population as well.
St Kilda public housing and tenant profile
This suburbs has a majority of people living in private housing. However, the percentage of public housing tenants is average. Especially when compared to other Melbourne suburbs such as Broadmeadows. Public housing in St Kilda is just above 4.5%. This means that over 4.5% of people tend to be in lower socio-economic background and qualify for subsidised housing.
A little over 13% of people in this suburb own their houses outright, about 21% are paying their properties off and 60% are renting. We tend to like suburbs where the renter ratio doesn’t exceed 30%. Higher percentage of renters often suggests to us that the suburb is not desirable for owner occupiers.
St Kilda age profile and income
Working age of population in St Kilda is relatively young. Majority of people are in the 25-34 age bracket, the second largest age bracket is 35-44. From the wealth perspective St Kilda is a higher income suburb. Whereby over 23% of this suburb population earn less than $1,250 a week. This is followed by 18% earning less than $1,500 a week per household. A higher than usual, about 12% of residents, in the suburb earn in the top bracket.
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