Located in Victoria within the Central Goldfields local government area, Talbot is a sparsely populated locality (postcode 3371). With a population of 452, the suburb has an older demographic with a median age of 59. Households earn a median income of $41K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.5% 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 technicians & trades, managers, labourers. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $380. The median monthly mortgage repayment is $867.
Talbot is served by 1 school, including 1 primary. The average ICSEA score is 905, which is below the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Central Goldfields LGA is higher than average at 10,450 incidents per 100,000 population.
From an investment perspective, Population growth of +0.5% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.