Metcalfe (postcode 3448) is a quiet locality in Victoria within the Mount Alexander local government area. With a population of 190, the suburb has an older-leaning population with a median age of 52. Households earn a median income of $77K per year, with an average household size of 2.2 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 +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, professionals, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Scottish.
The current median weekly rent is $495. The median monthly mortgage repayment is $1,450.
The crime rate in the Mount Alexander LGA is moderate at 6,967 incidents per 100,000 population.
Looking at the investment signals, 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.