Geelong suburb profile

Geelong suburb profile . 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 Geelong suburb profile will provide a general overview and pointers for aspiring renter, tenant, buyer or investor.

Geelong suburb profile and suburb overview

Geelong suburb profile : Geelong is a well know suburb outside the Greater Melbourne City area. The suburb is located in the west of Melbourne. It is 75 kilometres west from Melbourne CBD. The postcode for Geelong is 3220 and it had a population of over 5,210 people. The split between males and females is 48.5% to 51.5%. This map is showing Geelong in Victoria.

Note: Geelong suburb shouldn’t be confused with the Greater Geelong area, which had a population of 278,929 people.

Geelong suburb demographics

This report is good outline of Geelong 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.

Geelong ancestry profile

Geelong suburb profile : Geelong has a high percentage of English population. Around 29.5% of people living in Geelong are of English background. This is follows by Australian at 23%. People of Irish ancestry come third at 13%. It is notable that Geelong has a high Scottish and Italian population as well.

Image showing Geelong, VIC resident ancestry breakdown. Majority of residents are of English and Australian background.
Image showing Geelong, VIC resident ancestry breakdown. Majority of residents are of English and Australian background.

Geelong public housing and tenant profile

This suburbs has a majority of people living in private housing. However, the percentage of public housing tenants is below average. Especially when compared to other Melbourne suburbs such as Broadmeadows. Public housing in Geelong is just above 1.5%. This means that over 1.5% of people tend to be in lower socio-economic background and qualify for subsidised housing.

Geelong housing composition. There is an above average proportion of renters in Geelong, VIC.
Geelong housing composition. There is an above average proportion of renters in Geelong, VIC.

A little over 32% of people in this suburb own their houses outright, about 24% are paying their properties off and 41% 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.

Geelong age profile and income

Working age of population in Geelong is relatively young. Majority of people are in the 25-34 age bracket, the second largest age bracket is 45-54. From the wealth perspective Geelong is a lower to balanced income suburb. Whereby over 25% of this suburb population earn less than $1,250 a week. This is followed by 19% earning less than $1,500 a week per household. About 11% of residents in the suburb earn in the top bracket. The percentage of high income earners is higher than many suburbs in Victoria and Melbourne.

 Geelong has an evenly distributed socio-economic population. It is also a young suburb.
Geelong has an evenly distributed socio-economic population. It is also a young suburb.

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