Moranding (postcode 3764) is a sparsely populated locality in Victoria within the Mitchell local government area. With a population of 193, the suburb has a settled, mature resident base with a median age of 45. Households earn a median income of $133K per year, with an average household size of 3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +4.2% 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, technicians & trades, managers. Employment in the area leans toward transport & logistics and construction. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $460. The median monthly mortgage repayment is $2,250.
The crime rate in the Mitchell LGA is higher than average at 9,406 incidents per 100,000 population.
Looking at the investment signals, Population growth of +4.2% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.