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

Based on ABS population updates and AreaSearch validation, Beveridge's estimated population is around 11,277 as of May 2026. This shows an increase of 6,635 people since the 2021 Census, which reported a population of 4,642. The change was inferred from AreaSearch's estimate of 11,076 residents following examination of ABS ERP data release in June 2025 and additional validated new addresses since the Census date. This results in a density ratio of 100 persons per square kilometer. Beveridge's growth of 142.9% since the 2021 Census exceeded both state (9.3%) and national averages, making it a growth leader in the region. Interstate migration contributed approximately 72.0% to overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered, they utilise VIC State Government's Regional/LGA projections from 2023 with adjustments made through 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 trends, Beveridge is predicted to have exceptional growth in the top 10 percent of statistical areas analysed by AreaSearch, with an expected increase of 29,274 persons by 2041, reflecting a total increase of 257.8% over the 16 years.

The level of residential development activity in Beveridge was found to be higher than 90% of real estate markets across the country

From AreaSearch analysis of ABS building approval numbers in Beveridge, around 559 new homes were approved annually. Between FY-21 and FY-25, approximately 2,797 homes were approved, with another 328 approved so far in FY-26. On average, 2 people moved to the area per new home constructed over these five years, indicating strong demand that supports property values.

The average construction cost value of new homes was $361,000. This financial year has seen $12.3 million in commercial approvals, demonstrating moderate levels of commercial development. Compared to Greater Melbourne, Beveridge shows 595.0% higher development activity per person. Building activity has slowed recently but remains substantially higher than the national average, suggesting strong developer confidence in the location. New building activity comprises 94.0% detached dwellings and 6.0% townhouses or apartments, maintaining the area's traditional low density character focused on family homes.

The location has approximately 17 people per dwelling approval, indicating an expanding market. Future projections estimate Beveridge adding 29,073 residents by 2041. Construction is maintaining a reasonable pace with projected growth, but buyers may encounter growing competition as the population increases.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 36 projects that could affect this region. Notable initiatives 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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AreaSearch analysis indicates Beveridge maintains employment conditions that align with national benchmarks

Beveridge's skilled workforce is notable, particularly in the construction sector. Its unemployment rate was 5.0% as of December 2025. Employment growth over the past year was estimated at 13.4%.

In December 2025, 6,643 residents were employed, with an unemployment rate of 5.0%, which is 0.2% higher than Greater Melbourne's rate of 4.8%. Workforce participation in Beveridge was 84.2%, compared to Greater Melbourne's 69.9%. According to Census responses, 18.4% of residents worked from home. Leading employment industries were construction, health care & social assistance, and manufacturing.

Construction had notable concentration with employment levels at 1.7 times the regional average. However, professional & technical services were under-represented at 3.3%, compared to Greater Melbourne's 10.1%. Employment opportunities locally appeared limited based on Census working population vs resident population comparison. Between December 2024 and December 2025, employment increased by 13.4% while labour force grew by 14.3%, causing unemployment to rise by 0.7 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 overall growth of 6.6% over five years and 13.7% over ten years. 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 this is a simple weighting extrapolation for illustrative purposes only and does not consider localized population projections.

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

The latest postcode level ATO data from AreaSearch for financial year 2023 shows Beveridge's median income among taxpayers is $62,475 with an average of $72,432. This is higher than the national average and compares to Greater Melbourne's median of $57,688 and average of $75,164. Based on a 9.62% growth in wages since financial year 2023, estimated incomes for March 2026 would be approximately $68,485 (median) and $79,400 (average). According to the 2021 Census, Beveridge's household, family, and personal incomes rank highly nationally, between the 76th and 81st percentiles. Income distribution data shows that the $1,500 - $2,999 bracket dominates with 44.3% of residents (4,995 people), similar to the surrounding region where this 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. This compares to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Beveridge was at 15.7%, with mortgaged dwellings at 66.8% and rented ones at 17.6%. The median monthly mortgage repayment in Beveridge was $2,052, higher than Melbourne metro's average of $2,000. The median weekly rent figure in Beveridge was recorded at $400, compared to Melbourne metro's $390. Nationally, Beveridge's mortgage repayments are significantly higher than the Australian average of $1,863, while rents exceed the national figure of $375.

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

Family households account for 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 constitute the remaining 12.4%, with lone person households at 10.8% and group households comprising 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 prominent, with 40.7% of residents aged 15+ holding them, including advanced diplomas (14.0%) and certificates (26.7%). Educational participation is high at 33.2%, with 12.9% in primary education, 7.7% in secondary education, and 3.9% pursuing tertiary education.

Educational participation is notably high, with 33.2% of residents currently enrolled in formal education. This includes 12.9% in primary education, 7.7% in secondary education, and 3.9% pursuing 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 operational public transport stops, all serving buses. These stops are covered by one route, offering a total of 35 weekly passenger trips. Transport accessibility is rated as good, with residents typically living 379 meters from the nearest stop. Most residents commute outward due to Beveridge's residential nature. Cars remain the dominant mode of transport at 95%. Vehicle ownership averages two per dwelling, higher than the regional average.

According to the 2021 Census, 18.4% of residents work from home, potentially influenced by COVID-19 conditions. Service frequency averages five trips per day across all routes, resulting in approximately three weekly trips per individual stop.

Beveridge's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics indicates robust performance across Beveridge.

AreaSearch's assessment reveals low mortality rates and chronic condition prevalence among both young and old age cohorts. Approximately 6,251 people, or about 55% of the total population, have private health cover. The most prevalent medical conditions are asthma (7.9%) and mental health issues (6.3%). A significant majority, 77.9%, report being completely free from medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents display notably low chronic condition prevalence. Beveridge has 1,037 people aged 65 and over, comprising 9.2% of the population, which is lower than Greater Melbourne's 15.0%. Health outcomes among seniors align 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 had a higher cultural diversity than most local markets, with 25.6% of its population born overseas and 27.3% speaking a language other than English at home. Christianity was the predominant religion in Beveridge, making up 45.4% of its population. However, the 'Other' category comprised 8.0%, substantially higher than Greater Melbourne's average of 2.3%.

In terms of ancestry, Australian was the top group with 24.9%, significantly higher than the regional average of 18.4%. English followed with 19.9% and Other with 15.2%. Notably, Maltese were overrepresented at 2.3% compared to the region's 1.1%, Macedonian at 1.3% versus 0.7%, and Italian at 6.3% against 5.2%.

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

Beveridge's median age is 33, which is younger than Greater Melbourne's figure of 37 and Australia's national median age of 38. Compared to Greater Melbourne, Beveridge has a higher proportion of residents aged 5-14 years (16.8%) but fewer individuals aged 65-74 years (5.7%). Between the 2021 Census and the present day, the population aged 75-84 years grew from 1.4% to 3.5%, while those aged 15-24 increased from 10.5% to 12.4%. Conversely, the proportion of residents aged 25-34 decreased from 19.3% to 14.7%, and the 0-4 age group dropped from 10.7% to 8.3%. By 2041, population forecasts suggest significant demographic shifts in Beveridge. The 45-54 age cohort is projected to grow by 361%, adding 4,721 residents to reach a total of 6,030. Meanwhile, the 85+ age group is forecasted to remain stable with no growth (50 people).