Oaklands Junction is a small, quiet locality in Victoria within the Hume local government area (postcode 3063). It is home to about 439 residents, with an established family demographic and a median age of 42. Households earn a median income of $133K per year, with an average household size of 3.3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.0% 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, professionals, technicians & trades. Employment in the area leans toward construction and retail trade. The top ancestries reported are Australian, English, Italian.
The current median weekly rent is $525. The median monthly mortgage repayment is $2,167.
The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
Looking at the investment signals, Population growth of +3.0% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.