Located in Victoria within the Wellington local government area, Langsborough is a small, quiet locality (postcode 3971). The area has roughly 100 residents and an older-leaning population, with a median age of 54. Households earn a median income of $54K 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 +0.6% 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, community & personal service, clerical & administrative. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $435. The median monthly mortgage repayment is $867.
The crime rate in the Wellington LGA is higher than average at 12,111 incidents per 100,000 population.
On the investment side, Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.