Federal Electorate · Area profile
Goldstein
51 km²
Positioned within the Bayside area of Greater Melbourne, Goldstein is an affluent and highly walkable suburb. The community has grown significantly older over the last decade, with a typical resident now aged 43. It is a high-earning area where professional qualifications and home ownership are common. Most residents enjoy a high quality of life, with almost every home located within a short walk of parks, schools, and health services.
Goldstein's schools draw a community as advantaged as its high household incomes suggest.
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The area is noticeably older than the national figure, and the proportion of seniors has risen 11 points since 2011. While the population shrank by 18% over the same period, the typical resident is now 43.
About 30.6% of people were born overseas, which is slightly above the national figure. English, Australian, and Irish are the most common ancestries.
English is the main language for 76.1% of the community. While more people here use another language at home than in most similar areas, this figure fell 30 points since 2011.
A large 42.9% of residents report having no religion, a figure well above the national average. This represents a 32 point increase since 2011.
This is a highly qualified community where 44.8% of adults hold a bachelor degree or higher, far above the national figure. School completion is also much higher than usual, with 77.7% of residents finishing Year 12.
Incomes are among the highest at this level, with the typical family earning $3,194 a week. This is well above the national figure of $2,120, and 25.1% of people earn $2,000 or more weekly.
Residents generally experience better health than most areas, with lower rates of long-term health conditions and mental health issues than the state average.
Volunteer rates are much higher than most areas, with 16.5% of people helping out. Unpaid care is also common, as 14.2% of people provide support to others.
Families with children make up 64.2% of households. People living alone rose to 25.8% since 2011, while one-parent families are much less common than in most areas.
Home ownership is strong, with 38.4% of homes owned outright. However, the typical weekly rent of $490 and monthly mortgage of $2,800 are both among the highest for similar areas.
Working from home is very common, with 42.1% of the workforce doing so—far above the national figure. Most people who do commute use a car, though public transport stops are very close to home.
The population is fairly stable, with 38.8% of people moving in the last five years. Recent overseas arrivals make up 13.3% of the community.
The area has a strong job market with an unemployment rate of 4.0%, which is much lower than most areas. Most people work in professional or managerial roles.
Described as a walker's paradise, nearly every home is within a 15-minute walk of groceries, health services, and public transport.