Located in Victoria within the Golden Plains local government area, Cape Clear is a sparsely populated locality (postcode 3351). With a population of 148, the suburb has an older-leaning population with a median age of 52. Households earn a median income of $63K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.5% 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 technicians & trades, labourers, clerical & administrative. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $460. The median monthly mortgage repayment is $1,100.
Cape Clear is served by 1 school, including 1 primary. The average ICSEA score is 977, which is around the national average of 1,000. The crime rate in the Golden Plains LGA is below average at 2,988 incidents per 100,000 population.
On the investment side, Population growth of +1.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.