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

As of Nov 2025, the estimated population of Cobblebank is around 5,358. This reflects a growth of 1,757 people since the 2021 Census, which reported a population of 3,601. The latest estimated resident population (ERP) from AreaSearch is 5,025, following examination of ABS data released in June 2024 and validation of new addresses since the Census date. This results in a population density ratio of 709 persons per square kilometer. Cobblebank's growth rate of 48.8% since the 2021 census exceeds both national (8.9%) and state averages, marking it as a significant growth leader. Interstate migration contributed approximately 74.0% to overall population gains during recent periods, with other factors such as natural growth and overseas migration also being positive contributors.

AreaSearch projections for Cobblebank are based on ABS/Geoscience Australia data released in 2024 using 2022 as the base year. For areas not covered by this data, VIC State Government's Regional/LGA projections from 2023 are used 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 applied across all areas for years 2032 to 2041. According to aggregated SA2-level projections, the suburb is predicted to experience exceptional growth, placing it in the top 10 percent of Australian statistical areas. By 2041, Cobblebank's population is expected to increase by 8,021 persons, reflecting a total increase of 153.8% over the 17-year period.

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

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Cobblebank has seen around 141 new homes approved per year. Approximately 706 homes were approved over the past five financial years, between FY-21 and FY-25, with an additional 22 approved so far in FY-26. On average, each home built over these years attracts about five new residents, indicating significant demand exceeding supply.

New properties are constructed at an average cost of $337,000, which is below the regional average, suggesting more affordable housing options for buyers. This financial year has seen $77,000 in commercial approvals registered, reflecting the area's residential nature. Compared to Greater Melbourne, Cobblebank records 61.0% more new home approvals per person, offering greater choice for buyers despite recent moderation in development activity. This figure is significantly above the national average, indicating robust developer interest in the area. New development consists of 96.0% detached dwellings and 4.0% attached dwellings, preserving the area's low density nature and attracting space-seeking buyers with an average of around 52 people per dwelling approval.

Future projections estimate Cobblebank to add approximately 8,241 residents by 2041, based on the latest AreaSearch quarterly estimate. Construction is maintaining a reasonable pace with projected growth, though increasing population could lead to growing competition among buyers.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 20 projects likely to impact the area. Notable projects include New Melton Hospital, Robinsons Rise Estate Cobblebank, and St Francis Catholic College - Cobblebank Campus. 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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Cobblebank has seen below average employment performance when compared to national benchmarks

Cobblebank's workforce is well-educated with diverse sector representation. The unemployment rate was 5.6% as of June 2024, with an estimated employment growth of 4.8%.

As of June 2025, the unemployment rate rose to 6.5%, while Greater Melbourne's rate was 5.7%. Workforce participation in Cobblebank was 69.6%, compared to Greater Melbourne's 64.1%. Key industries include transport, postal & warehousing (38% of residents), health care & social assistance (20%), and retail trade (12%). The area specializes in transport, postal & warehousing, with an employment share 3.4 times the regional level.

However, professional & technical services employ only 5.2% of local workers, below Greater Melbourne's 10.1%. Employment levels increased by 4.8% and labour force grew by 5.9% in Cobblebank during June 2024 to June 2025, leading to a 1.0 percentage point rise in unemployment. Jobs and Skills Australia forecasts national employment growth 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, based on Sep-22 forecasts.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

Cobblebank's median income among taxpayers in financial year 2022 was $60,018. The average income stood at $67,748 during the same period. This compares to Greater Melbourne's median and average incomes of $54,892 and $73,761 respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Cobblebank would be approximately $67,316 (median) and $75,986 (average) as of September 2025. According to the 2021 Census, incomes in Cobblebank cluster around the 61st percentile nationally. Income analysis reveals that 50.1% of Cobblebank's population falls within the $1,500 - 2,999 income range, with 2,684 individuals in this bracket. High housing costs consume 20.1% of income, but strong earnings place disposable income at the 55th percentile nationally.

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, was 99.7% houses and 0.3% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 90.9% houses and 9.1% other dwellings. Home ownership in Cobblebank stood at 4.9%, with the rest being mortgaged (61.6%) or rented (33.5%). The median monthly mortgage repayment was $1,850, exceeding Melbourne metro's average of $1,800. Median weekly rent in Cobblebank was $370, compared to Melbourne metro's $351. Nationally, Cobblebank's mortgage repayments were lower than the Australian average of $1,863, and rents were less than 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 make up the remaining 13.7%, with lone person households at 11.7% and group households comprising 2.1% of the total. The median household size is 3.4 people, which is larger than the Greater Melbourne average of 3.0.

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 common at 22.1%, followed by postgraduate qualifications (8.8%) and graduate diplomas (1.7%).

Trade and technical skills are prominent, with 35.6% of residents aged 15+ holding vocational credentials – advanced diplomas (17.6%) and certificates (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. Educational facilities appear to be located outside the immediate catchment boundaries, requiring families to access schools in neighboring areas.

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

Transport analysis indicates four active stops operating within Cobblebank, offering a mix of bus services. These stops are served by one route collectively facilitating 599 weekly passenger trips. Transport accessibility is rated moderate with residents typically located 470 meters from the nearest stop.

Service frequency averages 85 trips per day across all routes, equating to approximately 149 weekly trips per individual stop.

Cobblebank's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Cobblebank shows excellent health outcomes across all age groups, with very low prevalence of common health conditions. Approximately 54% (~2,872 people) have private health cover, higher than Greater Melbourne's 50.8%.

The most frequent medical conditions are asthma (6.5%) and mental health issues (5.3%), while 84.0% report no medical ailments, compared to 73.7% in Greater Melbourne. Only 2.0% (~107 people) of residents are aged 65 and over, lower than Greater Melbourne's 10.1%. Seniors' health outcomes align with the general population's profile.

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 culturally diverse population with 51.2% born overseas and 59.4% speaking languages other than English at home. Christianity is the main religion, followed by Other at 26.2%, significantly higher than Greater Melbourne's average of 5.6%. The top three ancestry groups are Other (33.0%), Indian (15.4%), and Australian (13.8%).

Notably, Filipino (5.2%), Samoan (2.3%), and Maltese (1.9%) populations are overrepresented compared to regional averages.

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

Cobblebank's median age is 29, significantly lower than Greater Melbourne's 37 and Australia's national median of 38. Compared to Greater Melbourne, Cobblebank has a higher proportion of residents aged 5-14 (21.6%), but fewer residents aged 55-64 (3.9%). This 5-14 concentration is notably higher than the national average of 12.2%. Between 2021 and present, the age group of 35 to 44 has increased from 19.9% to 24.4%, while the 5 to 14 cohort rose from 18.2% to 21.6%. Conversely, the 25 to 34 age group decreased from 25.1% to 17.8%, and the 0 to 4 group dropped from 13.8% to 11.8%. Looking ahead to 2041, demographic projections indicate substantial shifts in Cobblebank's age structure. The 35 to 44 age cohort is projected to grow exceptionally by 1,770 people (135%), increasing from 1,307 to 3,078 residents. Meanwhile, the 75 to 84 age group shows more modest growth at 0%, with no increase in resident numbers.