Bellbrae (postcode 3228) is a close-knit residential community in Victoria within the Surf Coast local government area. It is home to about 1,346 residents, with a settled, mature resident base and a median age of 52. Households earn a median income of $81K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $580. The median monthly mortgage repayment is $2,300.
Bellbrae is served by 1 school, including 1 primary. The average ICSEA score is 1119, which is well above the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Surf Coast LGA is below average at 3,149 incidents per 100,000 population.
From an investment perspective, Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.