Located in Victoria within the Yarra Ranges local government area, Belgrave South is a close-knit residential community (postcode 3160). It is home to about 1,670 residents, with an established demographic and a median age of 44. Households earn a median income of $124K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% 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, technicians & trades, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $600. The median monthly mortgage repayment is $2,000.
Belgrave South is served by 1 school, including 1 primary. The average ICSEA score is 1065, which is above the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.