Fairbank, VIC
By Lauren McCaleb · Reviewed by Dylan Duncan ·
Among Australia's more advantaged suburbs
Fairbank is more socio-economically advantaged than about 81% of the 14,462 Australian suburbs we score, based on the ABS SEIFA index (raw score 1044, where about 1000 is the national average).
A socio-economic measure from ABS Census data — not a measure of how good a suburb is to live in or visit. How we calculate this.
Fairbank at a glance
- Population (2021)
- 52
- Median age
- 51
- Median weekly household income
- $1,374
- SEIFA score
- 1044
- Coordinates
- -38.4079, 145.9319
Fairbank demographics (2021 Census)
The figures below profile Fairbank using the Australian Bureau of Statistics 2021 Census; every percentage is a share of a clearly stated Census count, so each one traces back to the source. At a glance, the largest age group is seniors (65+) at 36%, 0% of homes are rented, and 7% of residents were born overseas.
Age profile
| Age group | People | Share |
|---|---|---|
| Children (0–14) | 9 | 17% |
| Youth (15–24) | 3 | 6% |
| Young adults (25–44) | 8 | 15% |
| Mid-life (45–64) | 14 | 26% |
| Seniors (65+) | 19 | 36% |
Share of the 53 people counted by age.
Housing and households
| Tenure | Dwellings | Share |
|---|---|---|
| Owned outright | 12 | 57% |
| Owned with a mortgage | 9 | 43% |
| Rented | 0 | 0% |
| Dwelling type | Dwellings | Share |
|---|---|---|
| Houses | 13 | 100% |
| Townhouses & semis | 0 | 0% |
| Flats & apartments | 0 | 0% |
Tenure and dwelling shares are of the roughly 13 occupied private dwellings in Fairbank.
- Median monthly mortgage
- $1,802
- Average household size
- 2.9 people
- Median weekly family income
- $1,583
- Median weekly personal income
- $483
Community and culture
- Born overseas
- 3 (7%)
- Speaks a language other than English at home
- 0 (0%)
- Aboriginal and/or Torres Strait Islander
- 3 (6%)
Work and education
- Completed Year 12
- 15 (37%)
- Labour-force participation
- 47.5%
- Employed full-time
- 3
- Employed part-time
- 12
Source: ABS Census of Population and Housing, 2021 (General Community Profile, by Suburb and Locality). © Australian Bureau of Statistics, released under CC BY 4.0. How we group bands and derive each share is set out on our methodology page.
Common questions about Fairbank
Where is Fairbank?
Fairbank is a suburb of Victoria, Australia.
What is the population of Fairbank?
At the 2021 Census, Fairbank had a population of about 52.
Is Fairbank an advantaged area?
Fairbank has an ABS SEIFA score of 1044, where about 1000 is the national average — higher scores indicate greater relative socio-economic advantage. That gives it a Suburb Score of 81 out of 100 — more socio-economically advantaged than about 81% of Australian suburbs.
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