Bundoora (Vic.)

Bundoora has seen population growth performance typically on par with national averages when looking at short and medium term trends

Based on analysis of ABS population updates for the broader area, as of November 2025, Bundoora's estimated population is around 30,988. This reflects an increase of 2,920 people since the 2021 Census, which reported a population of 28,068. The change was inferred from AreaSearch's estimation of the resident population at 30,890 following examination of the latest ERP data release by the ABS in June 2024 and an additional 115 validated new addresses since the Census date. This level of population equates to a density ratio of 1,775 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Bundoora's growth rate of 10.4% since the 2021 census exceeded the national average of 9.7%. Population growth was primarily driven by overseas migration contributing approximately 94.0% 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 the VIC State Government's Regional/LGA projections released in 2023, adjusted 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. Future trends predict exceptional growth, placing the area in the top 10 percent nationally, with an expected increase of 15,944 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 51.0% in total over the 17 years.

Residential development activity is slightly higher than average within Bundoora when compared nationally

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, shows Bundoora averaging around 74 new dwelling approvals per year over the past five financial years. This totals an estimated 373 homes. So far in FY-26, 25 approvals have been recorded. Over these five years, there has been an average of 1.8 new residents arriving per new home built. However, recent data indicates this ratio has intensified to 15.6 people per dwelling over the past two financial years, suggesting growing popularity and potential undersupply.

New homes are being constructed at an average expected cost value of $441,000, slightly above the regional average. This year alone, there have been $62.3 million in commercial approvals, demonstrating high levels of local commercial activity. In terms of dwelling types, 29.0% are standalone homes while 71.0% are townhouses or apartments. This shift towards compact living offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers.

This represents a significant change from the area's existing housing composition, currently at 76.0% houses. Bundoora indicates a mature market with around 427 people per approval. Future projections estimate Bundoora adding 15,820 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

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

The performance of a region is significantly impacted by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified 51 such projects that may affect this area. Notable projects include the M80 Ring Road Completion, Research and Development Centre, Uni Hill Factory Outlets Stage 3A, and 149 McKimmies Road Residential Precinct. The following list details those likely 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.

The employment environment in Bundoora shows above-average strength when compared nationally

Bundoora has a highly educated workforce with significant representation in essential services sectors. Its unemployment rate was 3.1% as of September 2025, with an estimated employment growth of 1.1% over the past year.

The local unemployment rate is 1.5 percentage points lower than Greater Melbourne's rate of 4.7%. Workforce participation in Bundoora is somewhat below the Greater Melbourne average, at 60.9% compared to 64.1%. The dominant employment sectors among residents include health care and social assistance, retail trade, and construction.

However, professional and technical services employ only 7.7% of local workers, lower than Greater Melbourne's 10.1%. Many Bundoora residents commute elsewhere for work, as indicated by the Census working population to local population count. Between September 2024 and September 2025, employment levels in Bundoora increased by 1.1%, while the labour force grew by 0.5%, leading to a decrease in unemployment rate of 0.6 percentage points. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%, with an increase in unemployment rate of 0.3 percentage points. State-wide, Victoria's employment grew by 1.13% year-on-year to November 25, adding 41,950 jobs, with the state unemployment rate at 4.7%. This is compared to the national unemployment rate of 4.3%, where the state's employment growth outpaced the national average of 0.14%. National employment forecasts from Jobs and Skills Australia, released in May 2025, project an expansion of 6.6% over five years and 13.7% over ten years. Applying these projections to Bundoora's employment mix suggests local employment should increase by 6.6% over five years and 13.7% over ten years, although this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

Income levels sit below national averages according to AreaSearch assessment

The median taxpayer income in Bundoora is $48,842, with an average of $60,926, according to the latest postcode level ATO data aggregated by AreaSearch for the financial year 2023. This is lower than the national average, contrasting with Greater Melbourne's median income of $57,688 and average income of $75,164. By September 2025, estimates suggest a median income of approximately $52,871 and an average income of $65,952, based on Wage Price Index growth of 8.25% since the financial year 2023. According to the 2021 Census figures, household income ranks at the 45th percentile ($1,668 weekly), while personal income sits at the 26th percentile. The distribution data shows that 32.6% of residents (10,102 people) fall within the $1,500 - 2,999 income bracket, mirroring regional levels where 32.8% occupy this bracket. Housing affordability pressures are severe in Bundoora, with only 84.2% of income remaining after housing costs, ranking at the 46th percentile. The area's SEIFA income ranking places it in the 6th decile.

Bundoora is characterized by a predominantly suburban housing profile, with strong rates of outright home ownership

Bundoora's dwelling structure, as per the latest Census, consisted of 76.1% houses and 23.9% other dwellings (semi-detached, apartments, 'other' dwellings). Home ownership in Bundoora stood at 37.9%, with 33.6% of dwellings mortgaged and 28.6% rented. The median monthly mortgage repayment was $2,000, while the median weekly rent was $381. Nationally, Bundoora's mortgage repayments were higher than the Australian average of $1,863, with rents exceeding the national figure of $375.

Bundoora features high concentrations of group households, with a median household size of 2.6 people

Family households constitute 70.8% of all households, including 33.3% couples with children, 24.7% couples without children, and 11.1% single parent families. Non-family households account for the remaining 29.2%, with lone person households at 23.0% and group households comprising 6.3%. The median household size is 2.6 people.

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

University qualification levels in Bundoora stand at 32.8%, slightly below Greater Melbourne's average of 37.0%. Bachelor degrees are the most prevalent (20.9%), followed by postgraduate qualifications (9.3%) and graduate diplomas (2.6%). Vocational credentials are held by 27.3% of residents aged 15 and above, with advanced diplomas at 11.0% and certificates at 16.3%.

Educational participation is high, with 31.1% currently enrolled in formal education. This includes tertiary education (10.3%), primary education (7.1%), and secondary education (7.0%).

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

The public transport analysis indicates that there are 134 active transport stops operating within Bundoora. These comprise a mix of light rail and bus services. There are 19 individual routes servicing these stops, collectively providing 11,862 weekly passenger trips.

The transport accessibility is rated as good, with residents typically located 285 meters from the nearest transport stop. Service frequency averages 1,694 trips per day across all routes, equating to approximately 88 weekly trips per individual stop.

Bundoora'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 relatively positive outcomes for Bundoora residents.

Prevalence of common health conditions is quite low among the general population but higher than the national average in older, at-risk cohorts. Approximately 51% (~15,791 people) have private health cover. The most prevalent medical conditions are arthritis (7.4%) and mental health issues (7.2%). About 71.6% declare themselves completely clear of medical ailments, compared to 0% in Greater Melbourne. Around 17.7% (~5,484 people) are aged 65 and over. Health outcomes among seniors require more attention than the broader population.

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

Bundoora has a high level of cultural diversity, with 39.5% of its population born overseas and 44.0% speaking a language other than English at home. Christianity is the predominant religion in Bundoora, comprising 53.1% of the population. Buddhism is overrepresented in Bundoora compared to Greater Melbourne, making up 4.5% versus None%.

The top three ancestry groups are English (15.4%), Australian (15.2%), and Other (12.4%). Notably, Macedonian (4.0%), Italian (10.1%), and Greek (5.3%) ethnicities are overrepresented in Bundoora compared to the regional averages of None%.

Bundoora's population aligns closely with national norms in age terms

Bundoora has a median age of 37, which is equal to Greater Melbourne's figure and comparable to Australia's median age of 38. The 15-24 age group makes up 19.3% of Bundoora's population, higher than Greater Melbourne but lower than the national average of 12.5%. The 35-44 cohort comprises 11.5%, which is less prevalent compared to Greater Melbourne. Between 2021 and present, the 15-24 age group has increased from 15.8% to 19.3%, while the 25-34 cohort has risen from 15.7% to 16.9%. Conversely, the 45-54 cohort has decreased from 12.9% to 11.2%, and the 5-14 group has fallen from 9.6% to 8.4%. Looking forward to 2041, demographic projections indicate significant shifts in Bundoora's age structure. Notably, the 25-34 age group is expected to grow by 51%, adding 2,682 people and reaching a total of 7,919 from its current figure of 5,236.