Bunyip

Bunyip lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, Bunyip's estimated population as of Nov 2025 is around 3,336. This reflects an increase of 205 people since the 2021 Census, which reported a population of 3,131. The change was inferred from the resident population of 3,265 estimated by AreaSearch following examination of the latest ERP data release by the ABS (June 2024), along with an additional 18 validated new addresses since the Census date. This level of population equates to a density ratio of 137 persons per square kilometer. Over the past decade, Bunyip has demonstrated resilient growth patterns with a compound annual growth rate of 1.8%, outpacing the state's average. Population growth was primarily driven by interstate migration contributing approximately 40% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as 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. Considering these projected demographic shifts, an above median population growth is projected for the Bunyip statistical area (Lv2). It is expected to grow by 556 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 13.8% in total over the 17 years.

AreaSearch assessment of residential approval activity sees Bunyip among the top 30% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers for Bunyip shows approximately 20 new homes approved annually. Between FY-21 and FY-25, around 100 homes were approved, with a further 8 approved in FY-26 to date. On average, 2.8 people moved to the area per new home constructed over these five years, indicating strong demand that supports property values.

New homes are built at an average expected construction cost of $440,000, slightly above the regional average, suggesting a focus on quality developments. In FY-26, Bunyip has registered $858,000 in commercial approvals, reflecting its residential nature. Compared to Greater Melbourne, Bunyip has around two-thirds the rate of new dwelling approvals per person but ranks among the 82nd percentile nationally for building activity.

Recent construction consists of 84.0% detached dwellings and 16.0% townhouses or apartments, maintaining Bunyip's low-density character with an emphasis on detached housing attracting space-seeking buyers. With around 124 people per dwelling approval, Bunyip exhibits characteristics of a low-density area. According to AreaSearch's latest quarterly estimate, Bunyip is projected to add 459 residents by 2041. Based on current development patterns, new housing supply should meet demand, providing favourable conditions for buyers and potentially facilitating population growth beyond current projections.

Bunyip has moderate levels of nearby infrastructure activity, ranking in the 43rdth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified one major project likely affecting this region: Gippsland Line Upgrade - Bunyip and Longwarry Stations. Other key projects include Warragul and Drouin Precinct Structure Plan, Additional VLocity Trains, and Victorian Desalination Plant Expansion. The following list details those most relevant.

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

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AreaSearch analysis of employment trends sees Bunyip performing better than 85% of local markets assessed across Australia

Bunyip's workforce is balanced across white and blue-collar jobs. The construction sector stands out with a 2.0 times higher representation than the regional level.

As of September 2025, Bunyip's unemployment rate is 2.5% lower than Greater Melbourne's at 4.7%. Workforce participation in Bunyip is similar to Greater Melbourne's 64.1%. Key industries include construction, health care & social assistance, and retail trade. However, professional & technical services are under-represented at 5.2%, compared to 10.1% in Greater Melbourne.

Employment opportunities locally may be limited as indicated by Census data. Between September 2024 and September 2025, employment increased by 4.7% while labour force grew by the same percentage, with unemployment remaining unchanged. In contrast, Greater Melbourne saw employment grow by 3.0%, labour force expand by 3.3%, and unemployment rise to 4.7%. Statewide in Victoria, as of 25-Nov-25, employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Bunyip's industry mix suggests local employment could grow by 6.2% in five years and 12.9% in ten years, though this is a simplified extrapolation for illustrative purposes only.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2023 indicates that Bunyip's median income is $51,262 and average income is $74,993. This compares to Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, estimated incomes as of September 2025 would be approximately $55,491 (median) and $81,180 (average). According to Census 2021 income data, Bunyip's household income ranks at the 61st percentile ($1,927 weekly), with personal income at the 44th percentile. Income brackets show that 33.6% of Bunyip residents fall within the $1,500 - $2,999 range, similar to Melbourne's 32.8%. After housing costs, 85.5% of income remains for other expenses. Bunyip's SEIFA income ranking places it in the 5th decile.

Bunyip is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

The dwelling structure in Bunyip, as per the latest Census, consisted of 98.3% houses and 1.7% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 91.1% houses and 8.9% other dwellings. Home ownership in Bunyip was at 34.5%, with mortgaged dwellings at 54.0% and rented ones at 11.5%. The median monthly mortgage repayment was $1,950, higher than Melbourne metro's average of $1,866. The median weekly rent figure in Bunyip was $320, lower than Melbourne metro's $361. Nationally, Bunyip's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Bunyip features high concentrations of family households, with a fairly typical median household size

Family households constitute 79.2% of all households, including 39.6% couples with children, 30.3% couples without children, and 8.8% single parent families. Non-family households account for the remaining 20.8%, with lone person households at 19.1% and group households making up 1.5%. The median household size is 2.8 people, which aligns with the Greater Melbourne average.

Educational attainment in Bunyip aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 15.7%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 10.9%, followed by postgraduate qualifications (2.5%) and graduate diplomas (2.3%). Vocational credentials are prominent, with 44.3% of residents aged 15+ holding them, including advanced diplomas (10.3%) and certificates (34.0%). Educational participation is high, with 31.5% currently enrolled in formal education: 11.7% in primary, 10.5% in secondary, and 2.7% in tertiary education.

Educational participation is notably high, with 31.5% of residents currently enrolled in formal education. This includes 11.7% in primary education, 10.5% in secondary education, and 2.7% pursuing tertiary education.

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

The analysis of public transport in Bunyip indicates four active transport stops currently operating. These consist of a mix of train and bus services. Five individual routes service these stops, collectively providing 296 weekly passenger trips.

The accessibility of transport is rated as limited, with residents typically located at an average distance of 793 meters from the nearest transport stop. Across all routes, service frequency averages 42 trips per day, equating to approximately 74 weekly trips per individual stop.

Bunyip's residents are relatively healthy in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Bunyip's health metrics closely align with national benchmarks. Common health conditions seen across both young and old age cohorts are fairly standard.

The rate of private health cover is very high at approximately 56% of the total population (~1,882 people), compared to 51.8% across Greater Melbourne. The most common medical conditions in the area are mental health issues impacting 8.6% of residents and asthma affecting 8.0%. A total of 68.5% of residents declare themselves completely clear of medical ailments, compared to 70.3% across Greater Melbourne. The area has 19.6% of residents aged 65 and over (653 people), which is higher than the 13.7% in Greater Melbourne. Health outcomes among seniors are above average, broadly in line with the general population's health profile.

The latest Census data sees Bunyip placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Bunyip's population showed low cultural diversity, with 91.6% citizens, 90.9% born in Australia, and 97.9% speaking English only at home. Christianity was the dominant religion, comprising 48.2%. Judaism, however, was overrepresented at 0.1%, compared to Greater Melbourne's 0.1%.

Ancestry-wise, Australian (34.7%) and English (31.5%) were most prevalent, with Irish at 9.6%. Notably, Dutch (3.3%), Maltese (0.7%), and Polish (0.7%) groups were overrepresented compared to regional averages.

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

The median age in Bunyip is close to Greater Melbourne's average of 37 years, similar to Australia's median of 38 years. Compared to Greater Melbourne, Bunyip has a higher proportion of residents aged 75-84 (7.7%) but fewer residents aged 25-34 (10.2%). Between the 2021 Census and now, the 75-84 age group has grown from 6.3% to 7.7%, while the 65-74 cohort increased from 8.5% to 9.6%. Conversely, the 45-54 cohort has declined from 12.0% to 9.8%. By 2041, Bunyip's age composition is projected to change significantly. The 75-84 group is expected to grow by 53%, reaching 394 people from 256. Those aged 65 and above are projected to comprise 78% of the population growth. Meanwhile, population declines are projected for the 25-34 and 0-4 age groups.