Suburb / Locality · Area profile
Elwood
3 km²
Far more residents hold university degrees here than in the rest of the state, making Elwood a highly educated and affluent community. It is a predominantly adult area with a small population of children and seniors. This profile of high professional achievement is matched by a high cost of living, with many residents living in apartments. The neighborhood is a transient and modern hub where a large proportion of the workforce works from home.
An affluent area whose schools serve an equally well-off community.
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The typical resident is 38, though the area has far fewer children and seniors than most similar places. People in de facto relationships are very common here, with a rate far above the national figure.
About 26.6% of residents were born overseas, which is much higher than most similar areas, though still a little below the national figure. English, Australian, and Irish are the most common ancestries.
While 14.6% of people use a language other than English at home, this is far below the Victorian and national figures. Very few residents speak little or no English.
A large majority of the community identifies as having no religion, at 58.0%. This is far above the national figure of 38.9%.
The area is exceptionally well-qualified, with 51.6% of adults holding a bachelor degree or higher, far above the national average of 26.3%. Year 12 completion is also far above the state and national figures.
Incomes are very high, with the typical personal weekly income of $1,364 far above the national figure. About 31.9% of households earn $3,000 or more a week, which is well above the national average.
Residents generally experience better health than most areas, with far fewer people needing help with daily activities or living with long-term health conditions. However, mental health conditions are more common than in most areas.
Volunteer rates are a little above the national figure, though far fewer people provide unpaid childcare or housework compared to the state and national averages.
The First Nations community is small, but those living here have a much higher typical personal income and Year 12 completion rate than the national average. Unemployment among this group is 0.0%.
Living alone is very common, with 44.0% of people in single-person households, far above the national figure. Because of this, the typical home has only 1.9 people.
The area is dominated by apartments, which make up 72.1% of homes. Renting is very common at 51.4%, far above the national figure, and typical weekly rents are a little above the state average.
Many residents avoid cars, with 11.3% of homes having no vehicle. This is supported by a very high rate of people working from home, at 45.1%, far above the national figure.
The community is quite mobile, with 52.3% of people moving in the last five years, far above the national figure. Recent overseas arrivals also make up a much higher proportion of the population than in most areas.
Job activity is very high, with 74.7% of adults working or looking for work, far above the national figure. Most residents are professionals or managers.
Elwood is a walker's paradise with a score of 8.8. Every single home is within a 15-minute walk of groceries, schools, parks, and public transport.