Addington (postcode 3352) is a quiet locality in Victoria within the Ballarat local government area. The area has roughly 65 residents and a more retirement-aged population, with a median age of 56. Households earn a median income of $54K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, labourers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $420. The median monthly mortgage repayment is $1,868.
The crime rate in the Ballarat LGA is higher than average at 11,695 incidents per 100,000 population.
From an investment perspective, Population growth of +1.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.