West Melbourne suburb profile

Melbourne suburbs

West Melbourne suburb profile is important because this is a prominent suburb. We also consider this suburb to be in the Melbourne (C) area, or in vicinity of thereof. This means that we belive West Melbourne to be in Melbourne (C), or it could mean that it is sufficiently close to Melbourne (C) for us to classify it as such.

Chances are you will come across West Melbourne if you are searching for a house to buy or rent. There are a number of valuable metrics that can be used to help in our decisions on where to live, invest or play. Analysing a suburb is important. This, along with another information, could help an investor, renter or home buyer to make better decisions. We are all about empowering people and reducing the chances they will get a dud investment or purchase a home in a suburb they don’t like. This is West Melbourne information.

About the city where West Melbourne is located

Melbourne is a beautiful, quickly growing city. It is the capital of Victoria and one of the largest cities in Australia. The southern capital city offers a bit for everyone. From great museums, beautiful parks and to great gourmet experiences.For Brisbane or for Sydney follow the links by clicking the city name.

Below series of metrics are released to show some of the aspects we use in analysing a suburb when purchasing property. You can find this suburb on this map.

Quick stats

Population: 5,517 LGA: Melbourne (C) Wealth: average income

You are reading West Melbourne ancestry profile

West Melbourne suburb profile: This suburb has 54% males and 46% female population. A total number of 5,517 people have reported this suburb as their main place of residence. This could include renters, home owners and boarders. This doesn’t necessarily mean that all those people own property in the suburb. Here are further details.

West Melbourne has a high percentage of people from English background. In fact a total of 1,024 have reported to have one or two parents of English background. Thereafter, the next most common ancestry reported is Chinese, with a total of 941 people reporting to have one or two parents from Chinese background. Further, the third most common ancestry reported in West Melbourne is Australian with a reported number of 809 residents reporting parents from this background.

Finally, the forth and fifth most reported ancestries are Irish and Scottish reporting respectively 461 and 333. You can obtain further details by heading to this report.

For example, below graph depicts the ancestries reported in this subrub:

This chart is showing West Melbourne ancestry profile. Top 10 ancestries in West Melbourne are shown from the most prevalent to least.
This chart is showing West Melbourne ancestry profile. Top 10 ancestries in West Melbourne are shown from the most prevalent to least.

Income and wealth profile for West Melbourne

From the wealth perspective West Melbourne can be considered a average income level suburb. While the majority of people in this suburb earn in vicinity of $1,000-$1,249. That is not to say, that all people have to be in that income bracket. For example, we estimate that roughly 12.29% of people in this suburb earn above average income. In other words, we estimate that to be over $3,000 Total Personal Income (Weekly).

At the same time, 22.59% of people in this suburb earn the bottom range of income. To clarify, we estimate that to be in surrounds of $1,000-$1,249 of Total Personal Income (Weekly).

For example, below graph would show the distribution of income in the area:

This chart is showing West Melbourne income distribution and wealth.
This chart is showing West Melbourne income distribution and wealth.

Generally speaking, the income composition of this suburb could mean that this suburb has a chance of average capital gains in medium to long term. This is however is not a blanket statement and each property needs to be analysed. Property investors are cautioned to perform appropriate due diligence and analyse the type, location and suitability of their property of choice To request further information, you can head to https://securedatapower.com/blog/2019/01/02/general-contact-form/

Below table will show the top most reported ancestry backgrounds in West Melbourne

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English1024
Chinese941
Australian809
Irish461
Scottish333
Indian288
Italian279
Korean259
German134
Vietnamese87
Filipino80
Dutch71
Greek68
Polish54
French50
Spanish45
New Zealander40
Maltese38
Russian33
Sri Lankan32
Macedonian26
Welsh25
Croatian23
Maori22
Serbian22
Lebanese18
Hungarian13
South African12
Turkish9

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