Located in Victoria within the Surf Coast local government area, Moriac is a small community (postcode 3240). With a population of 852, the suburb has an established demographic with a median age of 38. Households earn a median income of $129K per year, with an average household size of 3.1 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 professionals, technicians & trades, managers. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
The current median weekly rent is $580. The median monthly mortgage repayment is $2,000.
Moriac is served by 1 school, including 1 primary. The average ICSEA score is 1041, which is around the national average of 1,000. The crime rate in the Surf Coast LGA is below average at 3,149 incidents per 100,000 population.
From an investment perspective, 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.