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

By May 2026, the population of the suburb of Cobblebank was estimated to be around 5,549. This figure reflects a growth of 1,948 people since the 2021 Census, which recorded a population of 3,601. AreaSearch's estimate of resident population in June 2025 was 5,081, with an additional 299 validated new addresses contributing to this increase. This results in a population density ratio of 735 persons per square kilometer. Cobblebank's growth rate of 54.1% since the 2021 Census exceeded both the state average (9.3%) and the national average. Interstate migration was the primary driver for this growth, accounting for approximately 74.0% of overall population gains.

AreaSearch projections, based on ABS/Geoscience Australia data released in 2024 with a base year of 2022, predict exceptional growth for Cobblebank by 2041. These projections estimate an increase of 7,571 persons, reflecting a total increase of 127.2% over the 16-year period.

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

Cobblebank has seen approximately 127 new homes approved annually, with a total of 639 homes approved between financial years FY-21 and FY-25, and an additional 42 approved in FY-26. Each home built over the past five financial years is estimated to accommodate around 4.1 new residents on average. This significant demand has led to increased competition among buyers and price growth, with new properties constructed at an average cost of $337,000.

In FY-26 alone, commercial approvals reached $764,000, indicating the area's residential focus. Compared to Greater Melbourne, Cobblebank exhibits elevated construction activity, standing 32.0% above the regional average per person over the past five years. This high level of confidence from developers is reflected in the national context as well. Recent construction comprises predominantly detached houses (96.0%) with a smaller proportion of medium and high-density housing (4.0%), maintaining the area's low density character.

The location has approximately 46 people per dwelling approval, suggesting an expanding market. According to AreaSearch's latest quarterly estimate, Cobblebank is projected to add 7,058 residents by 2041. Construction activity is keeping pace with this projected growth, although increasing population may intensify buyer competition in the future.

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

The performance of a region is significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified 18 projects that are expected to impact the area. Notable projects include New Melton Hospital, Robinsons Rise Estate Cobblebank, St Francis Catholic College - Cobblebank Campus, and Ferris Road Duplication and Urbanisation. The following list details those projects likely to be most relevant.

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

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AreaSearch analysis places Cobblebank well above average for employment performance across multiple indicators

Cobblebank has an educated workforce with diverse sector representation. Its unemployment rate is 3.3%. Over the past year, estimated employment growth was 6.1%, according to AreaSearch's aggregation of statistical area data.

As of December 2025, there are 3,143 employed residents, with an unemployment rate of 1.5% below Greater Melbourne's rate of 4.8%. Workforce participation in Cobblebank is high at 77.9%, compared to Greater Melbourne's 69.9%. A moderate 17.9% of residents work from home, considering Covid-19 lockdown impacts. Major employment sectors are transport, postal & warehousing, health care & social assistance, and retail trade.

Cobblebank has a strong specialization in transport, postal & warehousing, with an employment share 3.4 times the regional level. However, professional & technical employs only 5.2% of local workers, below Greater Melbourne's 10.1%. Employment opportunities locally may be limited, as indicated by the difference between working population and resident population counts from Census data. Between December 2024 and December 2025, employment increased by 6.1%, while labour force grew by 6.6%, leading to a 0.4 percentage point rise in unemployment. In contrast, Greater Melbourne experienced 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, released in May-25, project 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, though this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

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 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 Greater Melbourne's median of $57,688 and average of $75,164 respectively. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates for Cobblebank would be approximately $65,792 (median) and $74,265 (average) as of March 2026. 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 fall within the $1,500 - 2,999 income range, reflecting patterns seen in the surrounding region where 32.8% similarly occupy this range. High housing costs consume 20.1% of income, though strong earnings still place disposable income at the 55th percentile.

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

Dwelling structure in Cobblebank, as evaluated at the latest Census held on 27 August 2016, consisted of 99.7% houses and 0.3% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Cobblebank was at 4.9%, with the rest of dwellings either mortgaged (61.6%) or rented (33.5%). The median monthly mortgage repayment in the area, as of 2016 data, was $1,850, below Melbourne metro's average of $2,000. Median weekly rent figure for Cobblebank was recorded at $370, compared to Melbourne metro's $390. Nationally, Cobblebank's mortgage repayments were lower than the Australian average of $1,863, while 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 comprise the remaining 13.7%, with lone person households at 11.7% and group households making up 2.1% of the total. The median household size is 3.4 people, 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%, exceeding the SA3 area average of 24.3%. Bachelor degrees are most prevalent at 22.1%, followed by postgraduate qualifications (8.8%) and graduate diplomas (1.7%). Vocational credentials are also prominent, with 35.6% of residents aged 15+ holding such qualifications – advanced diplomas account for 17.6% and certificates for 18.0%.

Educational participation is high at 37.0%, including 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. These stops are covered by two routes, collectively offering 363 weekly passenger trips. Transport accessibility is moderate, with residents typically residing 470 meters from the nearest stop. Most residents commute outward daily. Car use dominates at 88%, while train usage stands at 9%. Vehicle ownership averages 1.6 per dwelling, exceeding the regional norm.

According to the 2021 Census, 17.9% of residents work from home, potentially due to COVID-19 conditions. Service frequency averages 51 trips per day across all routes, equating to 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 results, as per AreaSearch's evaluation of mortality rates and chronic condition prevalence. Both younger and older residents have low incidence of common health issues.

Private health coverage is at 54% (~2975 people), slightly above the average SA2 area's rate but lower than Greater Melbourne's 56.7%. The most prevalent conditions are asthma (6.5%) and mental health concerns (5.3%), with 84.0% of residents reporting no medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. Only 0.1% (~5 people) of residents are aged 65 and over, lower than Greater Melbourne's 15.0%. Senior health outcomes rank high nationally, even better 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's population is highly diverse, with 51.2% born overseas and 59.4% speaking languages other than English at home. Christianity is the predominant religion, comprising 36.0%. The 'Other' category notably overrepresents Cobblebank's population at 26.2%, significantly higher than Greater Melbourne's average of 2.3%.

In ancestry, 'Other' leads at 33.0% (14.6% regionally), followed by Indian at 15.4% (4.2%) and Australian at 13.8%. Notably, Filipino (5.2%), Samoan (2.3%), and Maltese (1.9%) groups 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 is 29, which is notably younger than Greater Melbourne's figure of 37 and significantly below Australia's median of 38. Compared to Greater Melbourne, Cobblebank has a higher proportion of residents aged 35-44 (38.3%), but fewer residents aged 55-64 (0.7%). This concentration of 35-44 year-olds is substantially above the national average of 14.3%. Between 2021 and present, the proportion of Cobblebank's population in the 35 to 44 age group has increased from 19.9% to 38.3%, while the 45 to 54 cohort has risen from 6.5% to 19.5%. Conversely, the 5 to 14 age cohort has decreased from 18.2% to 8.9%, and the 15 to 24 group has fallen from 10.3% to 4.0%. Looking ahead to 2041, demographic projections indicate significant shifts in Cobblebank's age structure. The 5 to 14 age cohort is projected to grow substantially, increasing by 2,966 people (601%) from 493 to 3,460. Conversely, the number of residents aged 55-64 is expected to decrease by 2.