Located in Victoria within the Surf Coast local government area, Modewarre is a small, quiet locality (postcode 3240). It is home to about 277 residents, with a settled mid-life population and a median age of 44. Households earn a median income of $117K per year, with an average household size of 2.9 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 managers, technicians & trades, professionals. 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 $1,842.
The crime rate in the Surf Coast LGA is below average at 3,149 incidents per 100,000 population.
On the investment side, 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.