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Suburbs / Victoria

3000 Victoria

Melbourne

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28,000

Households

Classification details

Early Careers: Aged 25-34 – Educated millennials and younger blue-collar workers at the start of their careers.

Younger Professionals: Aged under 35 – Young, successful, career-driven professionals with no children.

Established Families: Aged 35-54 – White collar families with school-aged children.

About this data

The statistics above have been sourced from Mosaic demographic data that is the copyright property of Experian Australia Pty Limited (or its licensors).

See why early careers and younger professionals love living here by checking out the top bars, restaurants and retail. Discover what kind of lifestyle the locals enjoy and make an informed choice.

Melbourne 3000

Repeatedly voted the world’s most liveable city, Melbourne has gone through various periods of boom and growth throughout its existence – most markedly during the gold rush – without ever straying far from the layout of its historic ‘Hoddle Grid’.

The centre of all business activity in the state, the vibrant culture and hospitality demands of a world-renowned city like this are met on almost every street and thriving laneway.

WHO'S NEXT DOOR

With a large number of students and office workers calling  Melbourne home, the population is a globally diverse and transient one and the locals are decidedly young and outgoing.

With a number of university and college campuses in the area, combined with Melbourne’s position as a business and financial centre, demand for the convenience of centrally located leased apartments is constant.

CULTURE

Every Melburnian will tell you, their town is the cultural capital of Australia. Life in the CBD offers a never-ending supply of cool bars, high-end shopping and low-brow laneways, world-class food, galleries, theatre and energetic nightlife.

The vibe is busy, always changing and round the clock. Most weekends Federation Square is the packed social hub, home to many events and festivals throughout the year.

Entertainment is a big drawcard not only for city-dwellers but for visitors, swelling the CBD’s numbers with interstate and international travellers.

THE NUMBER GAME

From both an investment and owner-occupier perspective, buying in the heart of the world’s most liveable city is remarkably affordable. A one bedroom apartment will cost around $340,000. The rent for a similar apartment sits at around $420.

Whilst there has been a large amount of apartment construction in Melbourne’s CBD over the past couple of years with more on the way, demand remains, with Melbourne’s population predicted to almost double within the next ten years.