Albion (Vic.)

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

As of November 2025, Albion's population is estimated at around 4697 people. This reflects an increase of 363 individuals since the 2021 Census, which recorded a population of 4334. AreaSearch inferred this change from an ERP-estimated resident population of 4673 in June 2024 and additional validated new addresses since the Census date. This results in a density ratio of 1863 persons per square kilometer, above national averages assessed by AreaSearch. Albion's growth rate of 8.4% since 2021 surpassed the SA3 area average of 2.6%. Overseas migration contributed approximately 82% to overall population gains during recent periods.

AreaSearch adopts 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 uses VIC State Government's Regional/LGA projections from 2023, adjusted via weighted aggregation to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Demographic trends project an above median population growth in the suburb of Albion (Vic.) over the next 17 years. By 2041, the area is expected to increase by 999 persons, reflecting an overall increase of 18.2%.

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

AreaSearch analysis of ABS building approval numbers shows Albion had around 32 new homes approved each year on average over the past five financial years to June 2021, totalling an estimated 164 homes. As of April 2026, three approvals have been recorded. Despite population decline during this period, development activity has been adequate relative to population changes, benefiting buyers with new dwellings averaging $334,000, below regional norms. This financial year, Albion has registered $12.4 million in commercial approvals, indicating balanced commercial development activity.

Compared to Greater Melbourne, Albion records 144.0% more new home approvals per person as of April 2026. New building activity comprises 21.0% detached dwellings and 79.0% medium and high-density housing, reflecting a shift from the current housing mix of 55.0% houses due to reduced development sites and changing lifestyle demands. With approximately 192 people per dwelling approval, Albion exhibits characteristics of a growth area. AreaSearch's latest quarterly estimate projects Albion's population to grow by 854 residents by 2041, suggesting current development aligns with future needs, supporting steady market conditions without extreme price pressure.

Looking ahead, Albion is expected to grow by 854 residents through to 2041 (from the latest AreaSearch quarterly estimate). Current development appears well-matched to future needs, supporting steady market conditions without extreme price pressure.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 17 projects likely to affect the area. Notable projects include Vietnamese Museum Australia, Sunshine Superhub, Albion Station Upgrade, Luma Sunshine North, and Sunshine Mental Health and Wellbeing Centre. The following list details those expected to be 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.

Albion shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Albion's workforce is well-educated with diverse sector representation. The unemployment rate was 6.0% as of the past year, with an estimated employment growth of 5.8%.

As of June 2025, 2,590 residents were employed while the unemployment rate stood at 1.4% above Greater Melbourne's rate of 4.6%. Workforce participation in Albion was 58.8%, compared to Greater Melbourne's 64.1%. Key industries of employment among residents were health care & social assistance, retail trade, and transport, postal & warehousing. Albion had a particular specialization in transport, postal & warehousing, with an employment share 1.8 times the regional level.

However, professional & technical services were under-represented, with only 6.1% of Albion's workforce compared to Greater Melbourne's 10.1%. Employment opportunities locally appeared limited, as indicated by the count of Census working population vs resident population. Over the 12 months to June 2025, employment increased by 5.8% while labour force increased by 6.0%, causing the unemployment rate to rise by 0.2 percentage points. In contrast, Greater Melbourne experienced employment growth of 3.5% and labour force growth of 4.0%, with a 0.5 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from Sep-22 offer further insight into potential future demand within Albion. These projections suggest national employment should expand by 6.6% over five years and 13.7% over ten years, but growth rates differ significantly between industry sectors. Applying these industry-specific projections to Albion's employment mix suggests local employment should increase by 6.2% over five years and 13.0% over ten years.

Income levels sit below national averages according to AreaSearch assessment

Albion's median taxpayer income is $48,223 and average is $55,912 according to AreaSearch's aggregation of latest postcode level ATO data for financial year 2022. This is lower than national averages, contrasting with Greater Melbourne's median income of $54,892 and average income of $73,761. By September 2025, estimated incomes would be approximately $54,087 (median) and $62,711 (average), based on a 12.16% growth since financial year 2022. Census data shows Albion's household, family, and personal incomes rank modestly, between the 20th and 30th percentiles. Income distribution reveals 27.7% of Albion's population (1,301 individuals) fall within the $1,500 - 2,999 range, consistent with surrounding region trends at 32.8%. Housing affordability pressures are severe, with only 81.1% of income remaining, ranking at the 18th percentile.

Albion displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

Albion's dwelling structures, as per the latest Census data, consisted of 55.1% houses and 45.0% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Melbourne metro had 81.3% houses and 18.7% other dwellings. Home ownership in Albion was at 26.1%, with mortgaged dwellings at 27.1% and rented ones at 46.8%. The median monthly mortgage repayment was $1,700, aligning with Melbourne metro's average. The median weekly rent was $301, lower than Melbourne metro's $346. Nationally, Albion's mortgage repayments were below the Australian average of $1,863, and rents were substantially lower at $375.

Albion features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households account for 56.4% of all households, including 19.7% that are couples with children, 23.0% that are couples without children, and 11.2% that are single parent families. Non-family households make up the remaining 43.6%, with lone person households at 36.5% and group households comprising 7.2%. The median household size is 2.3 people, which is smaller than the Greater Melbourne average of 2.9.

The educational profile of Albion exceeds national averages, with above-average qualification levels and academic performance metrics

The area's educational profile is notable regionally, with university qualification rates at 33.2% for residents aged 15+, surpassing the SA3 area average of 23.9%. Bachelor degrees are most prevalent at 20.6%, followed by postgraduate qualifications (9.5%) and graduate diplomas (3.1%). Vocational credentials are also common, with 28.4% of residents aged 15+ holding such qualifications - advanced diplomas at 12.2% and certificates at 16.2%.

Educational participation is high, with 29.7% of residents currently enrolled in formal education, including 7.7% in primary, 7.1% in tertiary, and 4.9% in secondary education. The area has two schools, St Theresa's School and Albion Primary School, serving a total of 443 students. These schools focus exclusively on primary education, with typical Australian school conditions (ICSEA: 1047) and balanced educational opportunities. School places per 100 residents stand at 9.4, below the regional average of 14.2, indicating some students may attend schools in nearby areas.

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

Transport analysis indicates 21 operational public transport stops in Albion. These include both train and bus services. The routes serviced total eight, facilitating 3938 weekly passenger trips.

Residential accessibility to these stops is rated excellent, with residents typically situated 177 meters from the nearest stop. Across all routes, service frequency averages 562 trips daily, equating to approximately 187 weekly trips per individual stop.

Albion's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Health data shows Albion residents have a relatively low prevalence of common health conditions compared to the general population, but higher than the national average for older and at-risk cohorts. Approximately 49% of Albion's total population (~2,301 people) has private health cover, lower than the national average of 55.3%.

Mental health issues and arthritis are the most common medical conditions in Albion, affecting 7.7% and 7.4% of residents respectively, while 72.3% report being completely clear of medical ailments compared to 73.5% across Greater Melbourne. Albion has 16.1% of residents aged 65 and over (756 people), lower than the 17.9% in Greater Melbourne. Health outcomes among seniors require more attention than those for the broader population.

Albion is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Albion's population includes 50.0% who speak a language other than English at home, with 51.6% born overseas. Christianity is the predominant religion, practiced by 41.9%. Buddhism's representation in Albion is 6.5%, lower than Greater Melbourne's average of 12.5%.

The top three ancestry groups are Other (23.4%), English (16.2%), and Australian (13.7%). Polish (1.4%) and Vietnamese (6.1%) are notably overrepresented compared to regional averages, while Maltese (3.1%) is underrepresented.

Albion's population is younger than the national pattern

Albion's median age was 35 years as of a certain date, slightly younger than Greater Melbourne's 37 and the national average of 38. The age group of 25-34 made up 21.9% of Albion's population, higher than Greater Melbourne's percentage but lower than the national average of 14.5%. The 5-14 age cohort was less prevalent in Albion at 8.4%. Between 2021 and a later date, the 35 to 44 age group grew from 16.7% to 17.9%, while the 75 to 84 cohort increased from 4.8% to 5.9%. Conversely, the 25 to 34 cohort declined from 23.1% to 21.9%. By a certain date in 2041, population forecasts indicate that Albion's 55 to 64 age cohort is expected to increase by 191 people, from 436 to 628, while the numbers in the 5-14 age range are projected to fall.