Families are smaller, not absent
A common assumption about luxury suburbs is that they are quieter, emptier places that serve as the domain of older empty-nesters or childless professional couples. The data partially supports this, but with important nuance.
Households with three or more dependent children decline steadily as price rises, from 16.5 per cent in the sub-$750,000 band to 12.3 per cent at over $2.5 million. Large families are less common in expensive suburbs. However, households with one or two dependent children actually become more prevalent at higher price points, rising from 60.9 per cent to 67.4 per cent. Luxury suburbs favour a specific family structure: one to two children, not more.
The share of households with no dependent children also eases slightly at the top end, from 22.5 per cent to 20.2 per cent, which runs against the intuition that luxury suburbs are disproportionately populated by couples who have finished raising children.
Taken together, the picture is of a community that is family-oriented but intentionally compact. The suburban lifestyle on offer, likely with access to private schooling, open space, and professional services, attracts families, but the economic and lifestyle pressures that produce larger families in lower price bands are absent or actively avoided.