Clyde (Vic.)

Clyde 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 May 2026, the estimated population of the suburb of Clyde (Vic.) is around 20,991. This reflects an increase of 9,814 people since the 2021 Census, which reported a population of 11,177. The change is inferred from the resident population of 20,741 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2025 and an additional 3,613 validated new addresses since the Census date. The population density ratio is 522 persons per square kilometer, providing significant space per person. The suburb's growth rate of 87.8% since the 2021 census exceeded both the state (9.3%) and national averages, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 73.0% of overall population gains.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with 2022 as the base year. For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Considering projected demographic shifts, exceptional growth is predicted over the period from 2026 to 2041. The suburb is expected to expand by 28,936 persons by 2041 based on aggregated SA2-level projections, reflecting an increase of 136.7% in total over the 16 years.

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

Based on AreaSearch analysis of ABS building approval numbers, Clyde averaged approximately 860 new dwelling approvals annually. Between FY21-FY25, an estimated 4303 homes were approved, with a further 516 approved in FY26 to date. Each year, around 2.4 people moved to the area per new home constructed over these five financial years, indicating strong demand that supports property values.

The average construction cost of new homes was $370,000. In FY26 alone, there have been $91.2 million in commercial approvals, suggesting robust commercial development momentum. Compared to Greater Melbourne, Clyde has 334% higher building activity per person, offering greater choice for buyers and indicating significant developer interest in the area. Recent construction comprises 93% detached dwellings and 7% townhouses or apartments, maintaining the area's traditional low-density character focused on family homes. There are approximately 16 people per dwelling approval, suggesting an expanding market.

By 2041, Clyde is projected to grow by 28,684 residents, with current development patterns expected to meet demand and potentially facilitate further population growth beyond current projections.

Clyde has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Infrastructure changes significantly influence an area's performance. AreaSearch has identified 55 projects likely impacting the area. Notable projects include Oak Grove, Springleaf Avenue Recreation Reserve (Springleaf Active Open Space Development), Levande Selandra Rise Retirement Village, and Ballarto Road Pump Station Upgrade. 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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Employment performance in Clyde exceeds national averages across key labour market indicators

Clyde's workforce is highly educated with strong representation in manufacturing and industrial sectors. The unemployment rate was 4.5% as of AreaSearch aggregation of statistical area data from the past year. Employment growth during this period was estimated at 11.7%.

As of December 2025, 12,630 residents were employed with an unemployment rate of 0.3% below Greater Melbourne's rate of 4.8%. Workforce participation in Clyde was 83.5%, significantly higher than Greater Melbourne's 69.9%. According to Census responses, 17.7% of residents worked from home. Leading employment industries were health care & social assistance, construction, and manufacturing.

The area had a high specialization in health care & social assistance with an employment share 1.4 times the regional level. Conversely, professional & technical services showed lower representation at 5.2% compared to the regional average of 10.1%. Employment opportunities appeared limited locally based on Census working population vs resident population data. Between December 2024 and December 2025, employment increased by 11.7% while labour force grew by 12.9%, causing unemployment to rise by 1 percentage point in Clyde. In Greater Melbourne, employment rose by 2.4%, the labour force grew by 2.8%, and unemployment rose by 0.3 percentage points during this period. National employment forecasts from Jobs and Skills Australia, published in May-25, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Clyde's employment mix suggests local employment should increase by 6.5% over five years and 13.7% over ten years, based on a simple weighting extrapolation for illustrative purposes.

The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment

According to AreaSearch's aggregation of latest postcode level ATO data released on June 30, 2023, Clyde had a median income among taxpayers of $56,826 with an average level of $63,895. This is lower than the national average and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates would be approximately $62,293 (median) and $70,042 (average) as of March 2026. Census data reveals household, family and personal incomes all rank highly in Clyde, between the 75th and 77th percentiles nationally. Income analysis shows that 53.4% of the community earns between $1,500 - 2,999 (11,209 individuals), similar to the broader area where 32.8% occupy this bracket. High housing costs consume 20.0% of income, but strong earnings place disposable income at the 68th percentile and the area's SEIFA income ranking places it in the 5th decile.

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

The latest Census found that in Clyde, 97.6% of dwellings were houses, with the remaining 2.4% being semi-detached, apartments, or other types. In contrast, Melbourne metro had 67.9% houses and 32.1% other dwellings. Home ownership in Clyde was at 7.0%, with mortgaged properties at 69.4% and rented ones at 23.7%. The median monthly mortgage repayment in Clyde was $2,095, higher than Melbourne metro's $2,000. The median weekly rent in Clyde was $401, compared to Melbourne metro's $390. Nationally, Clyde's mortgage repayments were significantly higher than the Australian average of $1,863, and rents exceeded the national figure of $375.

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

Family households comprise 85.2% of all households, including 50.8% couples with children, 23.6% couples without children, and 9.4% single parent families. Non-family households account for the remaining 14.8%, with lone person households at 12.1% and group households comprising 2.7%. The median household size is 3.1 people, which is larger than the Greater Melbourne average of 2.6.

The educational profile of Clyde 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 30.8% among residents aged 15+, surpassing the SA3 area average of 24.6%. Bachelor degrees are most prevalent at 20.4%, followed by postgraduate qualifications (8.2%) and graduate diplomas (2.2%). Vocational credentials are prominent, with 38.9% of residents aged 15+ holding such qualifications – advanced diplomas at 16.0% and certificates at 22.9%.

Educational participation is high, with 31.0% of residents currently enrolled in formal education. This includes 11.5% in primary education, 5.3% in secondary education, and 4.2% pursuing tertiary education.

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

Clyde has 22 active public transport stops, all of which are bus stops. These stops are served by four different routes that together facilitate 1,078 weekly passenger trips. The accessibility of these transport services is considered good, with residents typically residing 383 meters away from the nearest stop. Most residents in this primarily residential area commute outward using their cars, which remain the dominant mode of transportation at 90%. Six percent of residents use trains for their commutes. On average, there are 1.7 vehicles per dwelling in Clyde, exceeding the regional average.

According to the 2021 Census, 17.7% of residents work from home, a figure that may be influenced by COVID-19 conditions. The service frequency across all routes averages 154 trips per day, equating to approximately 49 weekly trips per individual stop.

The level of general health in Clyde is notably higher than the national average with prevalence of common health conditions quite low across both younger and older age cohorts

Clyde demonstrates superior health outcomes based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The prevalence of common health conditions is low across both younger and older age cohorts.

Private health cover stands at approximately 52% of the total population (~10,938 people), leading the average SA2 area but trailing Greater Melbourne's 56.7%. Asthma and mental health issues are the most prevalent medical conditions, affecting 7.5 and 5.8% of residents respectively. A significant majority, 80.6%, report being completely free from medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents exhibit low chronic condition prevalence. The area has a lower proportion of seniors aged 65 and over at 7.0% (1,469 people), compared to Greater Melbourne's 15.0%. Health outcomes among seniors are above average, aligning with national rankings for the general population.

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

Clyde's cultural diversity is notable, with 45.2% of its population born overseas and 47.6% speaking a language other than English at home. Christianity is the predominant religion in Clyde, comprising 37.9% of the population. The most significant overrepresentation is seen in the 'Other' religious category, which accounts for 10.5% of Clyde's population, substantially higher than Greater Melbourne's average of 2.3%.

In terms of ancestry, the top three groups in Clyde are: Other (24.2%), English (16.8%), and Australian (16.7%). Notably, Sri Lankan ancestry is overrepresented at 2.5% compared to the regional average of 0.8%, Indian ancestry stands at 12.2% versus the regional average of 4.2%, and Filipino ancestry is at 3.6% compared to the region's 1.3%.

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

Clyde's median age is 32 years, which is materially younger than Greater Melbourne's average of 37 and significantly lower than the national average of 38 years. Compared to Greater Melbourne, Clyde has a higher concentration of residents aged 35-44 (20.0%) but fewer residents aged 75-84 (1.9%). This concentration of 35-44 year-olds is well above the national figure of 14.3%. According to post-2021 Census data, demographic aging in Clyde is evident, with the median age increasing from 30 years to 32 years. Key changes show that the 65-74 age group has grown from 2.6% to 5.0%, while the 45-54 cohort increased from 7.8% to 10.1%. Conversely, the 25-34 cohort has declined from 27.3% to 19.8%, and the 0-4 group dropped from 12.8% to 8.3%. Demographic modeling suggests that Clyde's age profile will evolve significantly by 2041, with the strongest projected growth in the 35-44 cohort at 126%, adding 5,280 residents to reach a total of 9,479.