South Wharf (postcode 3006) is a quiet locality in Victoria within the Melbourne local government area. With a population of 71, the suburb has a blend of families and working-age professionals with a median age of 34. Households earn a median income of $149K per year, with an average household size of 2.5 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.7% 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, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Australian, Scottish, Vietnamese.
The current median weekly rent is $670. The median monthly mortgage repayment is $2,167.
Public transport access includes 1 bus stop. The crime rate in the Melbourne LGA is higher than average at 23,998 incidents per 100,000 population.
On the investment side, Population growth of +3.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.