Breakaway Creek is a small, quiet locality in Victoria within the Glenelg local government area (postcode 3303). It is home to about 39 residents, with a mix of young professionals and families and a median age of 32. Households earn a median income of $108K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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 managers, labourers. Employment in the area leans toward agriculture and public admin & safety. The top ancestries reported are Australian, Scottish, English.
The current median weekly rent is $420. The median monthly mortgage repayment is $1,194.
The crime rate in the Glenelg LGA is higher than average at 12,431 incidents per 100,000 population.
From an investment perspective, Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.