Cobblebank

Cobblebank 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 analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, as of Feb 2026 the suburb of Cobblebank's population is estimated at around 5,662. This reflects an increase of 2,061 people (57.2%) since the 2021 Census, which reported a population of 3,601 people. The change is inferred from the resident population of 4,743 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 298 validated new addresses since the Census date. This level of population equates to a density ratio of 749 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Cobblebank's 57.2% growth since the 2021 census exceeded the national average (9.9%), along with the state, marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration that contributed approximately 74.0% of overall population gains during recent periods, although all drivers including natural growth and overseas migration were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with a base year of 2022. For any SA2 areas not covered by this data, AreaSearch is utilising the 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. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Moving forward, exceptional growth is predicted over the period with the suburb expected to increase by 1,343 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 7.0% in total over the 17 years.

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

AreaSearch analysis of ABS building approval numbers shows Cobblebank had approximately 127 new homes approved annually. Between FY-21 and FY-25, around 639 homes were approved, with a further 29 approved in FY-26. On average, each home built over these years accommodated about 5.5 new residents.

This demand significantly exceeds supply, typically leading to price growth and increased buyer competition. The average construction cost of new properties was $337,000. In FY-26, commercial approvals totaled $764,000, indicating the area's residential focus. Compared to Greater Melbourne, Cobblebank recorded 50.0% more new home approvals per capita. Recent construction comprised 96.0% detached houses and 4.0% medium and high-density housing, maintaining the area's low density nature.

There are approximately 53 people per dwelling approval in Cobblebank. Future projections estimate an addition of 394 residents by 2041. Current construction levels should meet demand adequately, creating favourable conditions for buyers while potentially exceeding current forecast growth.

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

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 20 projects that are expected to impact the area. Notable projects include New Melton Hospital, Robinsons Rise Estate Cobblebank, New Melton Hospital again, and St Francis Catholic College - Cobblebank Campus. The following list provides details on those projects deemed most relevant.

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

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

Cobblebank's workforce is highly educated with diverse sector representation. The unemployment rate was 5.8% as of December 2025, with an estimated employment growth of 3.6% over the preceding year, according to AreaSearch data aggregation from statistical areas. As of that date, 2,868 residents were employed while the unemployment rate stood at 1.0% above Greater Melbourne's rate of 4.8%.

Workforce participation was notably high at 96.0%, compared to Greater Melbourne's 71.3%. A moderate 17.9% of residents worked from home, though Covid-19 lockdown impacts should be considered. Employment is concentrated in transport, postal & warehousing (3.4 times the regional level), health care & social assistance, and retail trade. Professional & technical services employ only 5.2% of local workers, below Greater Melbourne's 10.1%.

Over the year to December 2025, employment increased by 3.6%, while labour force grew by 5.0%, leading to a rise in unemployment by 1.3 percentage points. In contrast, Greater Melbourne saw employment growth of 2.4% and labour force growth of 2.8%, with a 0.3 percentage point rise in unemployment. National employment forecasts from Jobs and Skills Australia (May-25) project national growth rates of 6.6% over five years and 13.7% over ten years. Applying these projections to Cobblebank's employment mix suggests local employment should increase by 6.3% over five years and 13.1% over ten years, though these are simple extrapolations for illustrative purposes only.

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

The suburb of Cobblebank's income level is approximately average nationally according to the latest ATO data aggregated by AreaSearch for financial year 2023. The median income among taxpayers in Cobblebank is $60,018 and the average income stands at $67,748. These figures compare to those for Greater Melbourne, which are $57,688 and $75,164 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $64,969 (median) and $73,337 (average) as of September 2025. From the 2021 Census, household, family and personal incomes in Cobblebank cluster around the 61st percentile nationally. Income analysis reveals that 50.1% of the population, which consists of 2,836 individuals, fall within the $1,500 - 2,999 income range. This pattern is similar to the surrounding region where 32.8% of the population occupies this income range. High housing costs consume 20.1% of income in Cobblebank. Despite this, strong earnings place disposable income at the 55th percentile nationally. The area's SEIFA income ranking places it in the 4th decile.

Cobblebank is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Cobblebank's dwelling structure, as per the latest Census, consisted of 99.7% houses and 0.3% other dwellings, compared to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Cobblebank was at 4.9%, with mortgaged dwellings at 61.6% and rented ones at 33.5%. The median monthly mortgage repayment was $1,850, lower than Melbourne metro's $2,000. Median weekly rent in Cobblebank was $370, compared to Melbourne metro's $390. Nationally, Cobblebank's mortgage repayments were lower at $1,850 versus the Australian average of $1,863, and rents were less at $370 compared to the national figure of $375.

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

Family households account for 86.3% of all households, consisting of 55.4% couples with children, 17.5% couples without children, and 11.9% single parent families. Non-family households comprise the remaining 13.7%, with lone person households at 11.7% and group households making up 2.1%. The median household size is 3.4 people, which is larger than the Greater Melbourne average of 2.6.

Cobblebank demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

The area's educational profile is notable regionally with university qualification rates at 32.6% among residents aged 15+, surpassing the SA3 area average of 24.3%. This reflects the community's emphasis on higher education. Bachelor degrees are most prevalent at 22.1%, followed by postgraduate qualifications at 8.8% and graduate diplomas at 1.7%.

Trade and technical skills are prominent, with vocational credentials held by 35.6% of residents aged 15+, including advanced diplomas at 17.6% and certificates at 18.0%. Educational participation is high, with 37.0% of residents currently enrolled in formal education. This includes 14.6% in primary education, 6.8% 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

Cobblebank has four operational public transport stops, all serving buses. Two routes collectively facilitate 363 weekly passenger journeys. The area's transport access is moderate, with residents typically residing 470 meters from the nearest stop. Predominantly residential, most Cobblebank residents commute outward using cars (88%) or trains (9%). Vehicle ownership averages 1.6 per dwelling, exceeding regional norms. According to the 2021 Census, 17.9% of residents work remotely, potentially influenced by COVID-19 conditions.

Daily service frequency across all routes averages 51 trips, resulting in approximately 90 weekly trips per individual stop.

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

Cobblebank shows better-than-average health outcomes, as assessed by AreaSearch through mortality rates and chronic condition prevalence. Both younger and older age groups have low prevalence of common health conditions.

Private health cover is held by approximately 54% of Cobblebank's total population (~3,035 people), slightly higher than the average SA2 area but lower than Greater Melbourne's 56.7%. The most prevalent medical conditions are asthma and mental health issues, affecting 6.5 and 5.3% of residents respectively. 84.0% of residents report no medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. Only 0.7% of residents are aged 65 and over (39 people), lower than Greater Melbourne's 15.1%. Health outcomes among seniors rank higher nationally than the general population.

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

Cobblebank has a population where 51.2% were born overseas, with 59.4% speaking languages other than English at home. Christianity is the predominant religion, followed by Other religions comprising 26.2%, which is significantly higher than Greater Melbourne's average of 2.3%. In terms of ancestry, Other groups make up 33.0%, Indian groups are at 15.4%, and Australian groups at 13.8%.

Notably, Filipino (5.2%), Samoan (2.3%), and Maltese (1.9%) ethnicities are overrepresented compared to regional averages of 1.3%, 0.3%, and 1.1% respectively.

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

Cobblebank's median age in 2021 was 27 years, lower than Greater Melbourne's average of 37 and Australia's average of 38 years. Compared to Greater Melbourne, Cobblebank had a higher percentage of residents aged 25-34 (29.0%) but fewer residents aged 55-64 (1.4%). This concentration of 25-34 year-olds was significantly higher than the national average of 14.4%. Following the 2021 Census, Cobblebank's median age decreased by 2.1 years to 27 from its previous median age of 29. The population aged 35-44 grew from 19.9% to 24.1%, and the 25-34 cohort increased from 25.1% to 29.0%. Conversely, the 15-24 cohort declined from 10.3% to 7.4%, and the 55-64 group dropped from 3.9% to 1.4%. Demographic modeling projects significant changes in Cobblebank's age profile by 2041. The 15-24 age cohort is projected to increase by 115 people (27%), rising from 418 to 534. Conversely, the 5-14 cohort is projected to decline by 12 people.