Aberfeldie

An assessment of population growth drivers in Aberfeldie reveals an overall ranking slightly below national averages considering recent, and medium term trends

As of November 2025, the estimated population of Aberfeldie is around 4,300. This reflects an increase of 375 people since the 2021 Census, which reported a population of 3,925. The current estimate is based on AreaSearch's validation of new addresses and examination of ABS ERP data released in June 2024, indicating a resident population of 4,292. This increase equates to a density ratio of 2,721 persons per square kilometer, placing Aberfeldie in the upper quartile relative to national locations assessed by AreaSearch. The suburb's 9.6% growth since the 2021 census exceeded the national average of 8.9%. Overseas migration contributed approximately 93.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted using weighted aggregation methods. Considering these projections, an above median population growth is expected for Aberfeldie, with the area projected to increase by 658 persons by 2041, reflecting a gain of 12.3% over the 17 years.

Residential development activity is lower than average in Aberfeldie according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers in Aberfeldie shows approximately 38 new homes approved annually over the past five financial years, totalling around 190 homes. As of FY26 so far, three approvals have been recorded. On average, 0.2 new residents per year arrive for each new home built between FY21 and FY25, indicating supply meets or exceeds demand. The average construction value of these new homes is $1,178,000, suggesting developers target the premium market segment with higher-end properties.

In FY26, commercial development approvals totalled $112,000, signifying minimal commercial development activity. New developments consist of 30% standalone homes and 70% medium to high-density housing, reflecting a shift from the current housing mix of 67% houses. This change may be due to reduced availability of development sites and evolving lifestyle demands and affordability requirements. With around 274 people per dwelling approval, Aberfeldie exhibits a developing market.

By 2041, AreaSearch estimates an increase of approximately 530 residents in Aberfeldie. Given current construction levels, housing supply is expected to meet demand adequately, creating favourable conditions for buyers and potentially enabling growth beyond current forecasts.

Aberfeldie has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly affect an area's performance. AreaSearch has identified three projects likely to impact the area: LUMA Sunshine North, Maribyrnong River Master Plan Implementation, Buckley Street Level Crossing Removal, and 191 Rosamond Road Mixed-Use Development. The following details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis places Aberfeldie well above average for employment performance across multiple indicators

Aberfeldie has a highly educated workforce with strong representation in professional services. Its unemployment rate is 3.5%, lower than Greater Melbourne's 4.6%.

Employment growth over the past year was estimated at 6.8% based on AreaSearch data aggregation. As of June 2025, 2,621 residents are employed with an unemployment rate of 1.2% below Greater Melbourne's. Workforce participation is higher at 70.1%.

Dominant employment sectors include health care & social assistance, construction, and professional & technical services. Manufacturing is under-represented, with only 5.0% of Aberfeldie's workforce compared to Greater Melbourne's 7.2%. Employment opportunities locally appear limited based on Census data comparison. Over the year to June 2025, employment increased by 6.8%, while labour force grew by 7.3%, raising unemployment by 0.5 percentage points. In contrast, Greater Melbourne saw employment grow by 3.5% and labour force expand by 4.0%. Jobs and Skills Australia's national employment forecasts from Sep-22 project a 6.6% increase over five years and 13.7% over ten years nationally. Applying these projections to Aberfeldie's employment mix suggests local employment should increase by 6.8% over five years and 13.7% over ten years, though this is a simple extrapolation for illustrative purposes only.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data released for financial year 2022 shows Aberfeldie's median income among taxpayers is $66,437. The average income in Aberfeldie during this period was $104,668. Nationally, these figures are exceptionally high compared to the Greater Melbourne median of $54,892 and average of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Aberfeldie's median income would be approximately $74,516 as of September 2025, with the average estimated at $117,396 during this period. According to 2021 Census figures, household, family and personal incomes in Aberfeldie rank highly nationally, between the 82nd and 91st percentiles. The largest segment of residents earns $4000+ weekly, comprising 31.1% (1,337 residents), differing from the surrounding region where the $1,500 - 2,999 category predominates at 32.8%. Higher earners represent a substantial presence in Aberfeldie with 43.2% exceeding $3,000 weekly. After housing costs, residents retain 87.4% of their income, reflecting strong purchasing power within the community. The area's SEIFA income ranking places it in the 9th decile.

Aberfeldie displays a diverse mix of dwelling types, with above-average rates of outright home ownership

In Aberfeldie, as per the latest Census, 66.9% of dwellings were houses while 33.1% were other types such as semi-detached homes, apartments, and others. This differs from Melbourne metropolitan area where no specific percentages for houses or other dwellings were provided. Home ownership in Aberfeldie stood at 40.6%, with mortgaged dwellings at 38.7% and rented ones at 20.7%. The median monthly mortgage repayment in the area was $2,600, aligning with Melbourne metro's figure. However, the median weekly rent in Aberfeldie was $440, unlike Melbourne metro where no figures were given for rents. Nationally, Aberfeldie's mortgage repayments were higher than the Australian average of $1,863 and its rents were substantially above the national figure of $375.

Aberfeldie features high concentrations of family households, with a median household size of 2.8 people

Family households constitute 78.1 percent of all households, including 43.5 percent couples with children, 22.7 percent couples without children, and 10.6 percent single parent families. Non-family households account for the remaining 21.9 percent, with lone person households at 19.7 percent and group households comprising 2.1 percent of the total. The median household size is 2.8 people.

Aberfeldie shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Aberfeldie is notably high, with 41.2% of residents aged 15+ holding university qualifications, compared to 30.4% nationally and 33.4% in Victoria. The most prevalent qualification is the bachelor degree at 27.1%, followed by postgraduate qualifications at 9.7% and graduate diplomas at 4.4%. Vocational credentials are also common, with 25.2% of residents aged 15+ holding such qualifications, including advanced diplomas (9.7%) and certificates (15.5%). Educational participation is high, with 32.1% of residents currently enrolled in formal education.

This includes secondary education (10.3%), primary education (8.8%), and tertiary education (8.4%). Aberfeldie's five schools have a combined enrollment of 1,561 students. The area demonstrates strong socio-educational advantages and academic achievement, with an ICSEA score of 1101. Educational provision is balanced, with three primary and two secondary schools serving distinct age groups. There are 36.3 school places per 100 residents, indicating a strong educational infrastructure that serves both local and surrounding communities.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis of public transport in Aberfeldie shows that there are currently 20 operational transport stops. These stops offer a variety of bus services, with a total of 6 different routes providing passenger trips. Each week, these routes collectively facilitate 3,914 passenger trips.

The accessibility of transport is rated as excellent, with residents typically residing just 189 meters away from the nearest stop. On average, there are 559 trips made daily across all routes, which amounts to approximately 195 weekly trips per individual stop.

Aberfeldie's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows excellent results across Aberfeldie with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 68% of the total population (2,924 people), compared to the national average of 55.3%.

The most common medical conditions in the area are asthma and arthritis, impacting 7.2% and 5.8% of residents respectively. A significant majority, 75.7%, declared themselves completely clear of medical ailments, which is higher than the 0% reported across Greater Melbourne. Aberfeldie has 16.1% of residents aged 65 and over (692 people). Health outcomes among seniors in this area are particularly strong, performing even better than the general population in health metrics.

The level of cultural diversity witnessed in Aberfeldie was found to be above average when compared nationally for a number of language and cultural background related metrics

Aberfeldie's cultural diversity was above average, with 19.0% of its population born overseas and 21.3% speaking a language other than English at home. Christianity was the predominant religion in Aberfeldie, accounting for 64.7% of people, compared to None% across Greater Melbourne. The top three ancestry groups were Australian (19.4%), English (18.2%), and Italian (13.9%).

Notably, Croatian (2.1%) and Maltese (2.6%) were overrepresented in Aberfeldie compared to the regional average of None%.

Aberfeldie hosts an older demographic, ranking in the top quartile nationwide

Aberfeldie's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 years and slightly older than Australia's median age of 38 years. Compared to Greater Melbourne, Aberfeldie has a notably higher proportion of residents aged 55-64 (15.9%) and a lower proportion of residents aged 25-34 (10.0%). According to the 2021 Census, the proportion of residents aged 75-84 increased from 3.6% to 4.8%, while the proportions of those aged 5-14 decreased from 12.5% to 11.2% and those aged 45-54 decreased from 16.8% to 15.7%. By 2041, Aberfeldie's age profile is projected to change significantly. The 55-64 cohort is expected to grow by 28%, adding 193 residents to reach a total of 877. Residents aged 65 and older are anticipated to represent 51% of the population growth. Conversely, population declines are projected for those aged 0-4 and 35-44.