Beveridge

Beveridge lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

As of Feb 2026, the estimated population of Beveridge is around 9,972, reflecting a significant increase from the 2021 Census figure of 4,642 people. This growth of 5,330 people (114.8%) is inferred from AreaSearch's estimation of the resident population at 9,394 following examination of ABS's latest ERP data release in June 2024 and an additional 2,401 validated new addresses since the Census date. This results in a density ratio of 89 persons per square kilometer. Beveridge's growth rate since the 2021 census exceeded both national (9.9%) and state averages, making it a growth leader in the region. Interstate migration contributed approximately 72.0% of overall population gains during recent periods, with all drivers including natural growth and overseas migration being positive factors. AreaSearch's projections for Beveridge are based on ABS/Geoscience Australia data released in 2024 using 2022 as the base year.

For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections from 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. According to these projections, Beveridge is expected to experience exceptional growth over the period, increasing by 28,904 persons to 2041 and reflecting a total increase of 284.1% over the 17 years.

AreaSearch assessment of residential development activity positions Beveridge among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers in Beveridge shows around 559 new homes approved annually. Between FY-21 and FY-25, approximately 2,797 homes were approved, with an additional 237 approved so far in FY-26. Over the past five financial years, an average of 0.6 new residents per year arrived for each new home, indicating supply meets or exceeds demand.

The average construction value of these new homes is $361,000. In FY-26, $12.3 million in commercial approvals have been registered, demonstrating moderate commercial development activity. Compared to Greater Melbourne, Beveridge has 709.0% higher development activity per person, offering greater buyer choice. However, building activity has slowed in recent years. Nationally, Beveridge's developer confidence is strong, with new building activity favoring detached dwellings (94.0%) over townhouses or apartments (6.0%).

The area maintains a low-density character focused on family homes. As of now, there are approximately 12 people per dwelling approval, suggesting an expanding market. By 2041, Beveridge is projected to add 28,326 residents, according to AreaSearch's latest quarterly estimate. Construction pace is reasonable, but growing competition among buyers is expected as the population increases.

Beveridge has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified 36 projects that could affect this region. Notable ones include Melbourne Intermodal Terminal Package - Road Connections Package, Alkyra Estate, Lyra Local Convenience Centre, and Stockland Lyra. The following list details those most likely to be relevant.

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

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The employment landscape in Beveridge shows performance that lags behind national averages across key labour market indicators

Beveridge's skilled workforce is notable, particularly in the construction sector. As of December 2025, its unemployment rate was 5.8%, with relative employment stability over the past year according to AreaSearch data aggregation. In December 2025, 3,274 residents were employed, with an unemployment rate of 1.1% higher than Greater Melbourne's rate of 4.8%.

Workforce participation in Beveridge was significantly lower at 49.3%, compared to Greater Melbourne's 71.3%. Census responses indicated that a moderate 18.4% of residents worked from home, potentially impacted by Covid-19 lockdowns. Leading employment industries were construction, health care & social assistance, and manufacturing. Beveridge had a notable concentration in construction, with employment levels at 1.7 times the regional average.

However, professional & technical services were under-represented, with only 3.3% of Beveridge's workforce compared to Greater Melbourne's 10.1%. Local employment opportunities appeared limited based on Census data comparing working population to resident population. Over the 12 months to December 2025, Beveridge's employment increased by 0.3% while labour force grew by 1.6%, leading to a rise in unemployment rate of 1.3 percentage points. In contrast, Greater Melbourne saw employment grow by 2.4%, labour force expand by 2.8%, and unemployment rise by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to Beveridge's employment mix suggests local employment should increase by 6.1% over five years and 12.9% over ten years, though these are simple extrapolations for illustrative purposes and do not account for localized population projections.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

In AreaSearch's latest postcode level ATO data released for financial year 2023, Beveridge's median income among taxpayers is $62,475. The average income in the suburb is $72,432. Both figures are above the national averages of $55,198 (median) and $73,846 (average). Comparing with Greater Melbourne's median of $57,688 and average of $75,164 shows Beveridge's incomes are higher. Using Wage Price Index growth of 8.25% since financial year 2023, estimated incomes for September 2025 would be approximately $67,629 (median) and $78,408 (average). According to the 2021 Census, Beveridge's household, family, and personal incomes rank highly nationally, between the 76th and 81st percentiles. Income distribution shows that 44.3% of residents earn between $1,500 and $2,999, with a total of 4,417 people in this bracket. This aligns with the surrounding region where this income cohort represents 32.8%. High housing costs consume 17.1% of income, but strong earnings place disposable income at the 79th percentile nationally. Beveridge's SEIFA income ranking places it in the 6th decile.

Beveridge is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Beveridge's dwelling structure, as per the latest Census, consisted of 99.2% houses and 0.8% other dwellings. In comparison, Melbourne metro had 67.9% houses and 32.1% other dwellings. Home ownership in Beveridge was at 15.7%, with mortgaged dwellings at 66.8% and rented dwellings at 17.6%. The median monthly mortgage repayment in Beveridge was $2,052, higher than Melbourne metro's $2,000. Median weekly rent in Beveridge was $400, slightly above Melbourne metro's $390. Nationally, Beveridge's mortgage repayments exceeded the Australian average of $1,863, while rents were higher than the national figure of $375.

Beveridge features high concentrations of family households, with a higher-than-average median household size

Family households constitute 87.6% of all households, including 53.6% couples with children, 23.8% couples without children, and 9.4% single parent families. Non-family households comprise the remaining 12.4%, with lone person households at 10.8% and group households making up 1.5%. The median household size is 3.2 people, larger than the Greater Melbourne average of 2.6.

Beveridge performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

The area's university qualification rate is 21.8%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 14.1%, followed by postgraduate qualifications (5.1%) and graduate diplomas (2.6%). Vocational credentials are held by 40.7% of residents aged 15+, with advanced diplomas at 14.0% and certificates at 26.7%. Educational participation is high, with 33.2% of residents currently enrolled in formal education.

This includes 12.9% in primary, 7.7% in secondary, and 3.9% in tertiary education.

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

Beveridge has nine active public transport stops operating within its boundaries. All of these stops serve buses. There is one route that services all the stops collectively providing 35 weekly passenger trips. The accessibility to public transport in Beveridge is rated as good, with residents typically located 379 meters from the nearest stop. As a primarily residential area, most residents commute outward by car which remains the dominant mode of transportation at 95%. On average, there are 2.0 vehicles per dwelling, which is higher than the regional average.

According to the 2021 Census, 18.4% of Beveridge's residents work from home, a figure that may reflect COVID-19 conditions. The service frequency averages five trips per day across all routes, equating to approximately three weekly trips per individual stop.

The level of general health in Beveridge is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Beveridge demonstrates above-average health outcomes based on AreaSearch's assessment of mortality rates and chronic condition prevalence.

Both young and old age cohorts have low prevalence of common health conditions. The rate of private health cover is very high at approximately 55% of the total population, which is around 5,528 people. The most common medical conditions in the area are asthma and mental health issues, impacting 7.9 and 6.3% of residents respectively. 77.9% of residents declare themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents have notably healthy outcomes with low chronic condition prevalence. The area has 8.5% of residents aged 65 and over, which is around 847 people, lower than the 15.1% in Greater Melbourne. Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general population.

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

Beveridge, surveyed in June 2016, had a population with 25.6% born overseas and 27.3% speaking languages other than English at home. Christianity was the predominant religion, accounting for 45.4%. The 'Other' religious category comprised 8.0%, higher than Greater Melbourne's average of 2.3%.

Ancestry-wise, Australian (24.9%), English (19.9%), and Other (15.2%) were the top groups, with Australians being more prevalent compared to the regional average of 18.4%. Notably, Maltese (2.3% vs 1.1%), Macedonian (1.3% vs 0.7%), and Italian (6.3% vs 5.2%) ethnicities were overrepresented in Beveridge relative to their regional counterparts.

Beveridge hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Beveridge's median age is 33 years, which is younger than Greater Melbourne's figure of 37 years and Australia's national average of 38 years. Compared to Greater Melbourne, Beveridge has a higher proportion of residents aged 5-14 years (17.0%) but fewer residents aged 75-84 years (2.8%). Between the 2021 Census and the present day, the population aged 15-24 years has increased from 10.5% to 12.3%, while the 55-64 age group has risen from 7.6% to 9.4%. Conversely, the proportion of residents aged 25-34 years has decreased from 19.3% to 14.8%, and the 0-4 age group has fallen from 10.7% to 8.0%. Population forecasts for Beveridge in 2041 indicate significant demographic shifts, with the strongest projected growth in the 45-54 age cohort (404%), adding 4,790 residents to reach a total of 5,977. In contrast, the 85+ age group is forecasted to grow by 0% (an increase of just 51 people).