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Sales Activity
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Population
An assessment of population growth drivers in Devon Meadows reveals an overall ranking slightly below national averages considering recent, and medium term trends
As of November 2025, Devon Meadows' population is estimated at around 1,659 people. This reflects an increase of 108 individuals since the 2021 Census, which reported a population of 1,551 people. The change is inferred from AreaSearch's estimation of the resident population as 1,519 following examination of the latest ERP data release by the ABS in June 2024, along with an additional four validated new addresses since the Census date. This results in a density ratio of 70 persons per square kilometer, indicating significant space per person and potential room for further development. Over the past decade, Devon Meadows has demonstrated resilient growth patterns with a compound annual growth rate of 9.2%, outpacing other SA3 areas. Population growth was primarily driven by interstate migration, contributing approximately 77.0% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, 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, making adjustments employing weighted aggregation methods from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, exceptional growth is predicted over the period, with Devon Meadows expected to grow by 2,773 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 194.8% in total over the 17 years.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Devon Meadows when compared nationally
AreaSearch analysis of ABS building approval numbers in Devon Meadows shows around 4 new homes approved annually. Between FY-21 and FY-25, approximately 23 homes were approved, with 2 more approved so far in FY-26.
This results in an average of 38.9 people moving to the area per dwelling built over the past five financial years. Supply is lagging demand, leading to heightened buyer competition and pricing pressures. New dwellings are developed at an average cost of $372,000, below the regional average, suggesting more affordable housing options for buyers. Compared to Greater Melbourne, Devon Meadows has significantly lower building activity, with 82.0% fewer approvals per person. This limited new supply supports stronger demand and values for established homes.
However, development activity has increased recently, though it remains lower than the national average, indicating market maturity and possible development constraints. Recent building activity consists solely of detached houses, maintaining the area's traditional low density character with a focus on family homes. Devon Meadows reflects a transitioning market with around 267 people per approval. Future projections estimate an addition of 3,232 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Devon Meadows has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Area infrastructure significantly impacts local performance. Ten projects identified by AreaSearch may affect the region. Notable ones are Botanic Ridge Secondary College, Peppercorn Hill Estate, Casey Fields South Employment Precinct, and Settlers Run Estate. The following details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Cranbourne West Precinct Structure Plan
The Cranbourne West Precinct Structure Plan (PSP-1083) covers approximately 791 hectares in Melbourne's south-east growth corridor within the City of Casey. Approved in 2010 and amended several times (most recently in 2021), the PSP provides the planning framework for a major new mixed-use community. As of late 2025, the precinct is actively under development with multiple residential estates, town centre works, schools and roads under construction or recently completed. The fully built-out precinct will deliver around 8,000-9,000 new dwellings and support 10,000-16,000 new jobs.
Clyde North Fire Station
New Fire Rescue Victoria station at 101 Matterhorn Drive, Clyde North, serving the rapidly growing south-east Melbourne corridor. The single-storey facility will accommodate up to 8 career firefighters per shift, modern fire appliances and specialist equipment to improve emergency response times and community safety.
Cranbourne East Precinct Structure Plan
The Cranbourne East Precinct Structure Plan (PSP-005), approved in 2010, guides the development of approximately 1,100 hectares in Melbourne's south-east growth corridor. It provides for around 7,500-8,000 new dwellings (higher than original 6,600 due to subsequent approvals), two local town centres, employment land, integrated transport links, Casey Fields expansion, multiple schools and community facilities. Development is well underway with multiple active residential estates, completed schools and ongoing road/infrastructure works coordinated by the VPA and City of Casey. Full build-out is expected by the early 2030s.
Casey Fields South Employment Precinct
A 275-hectare industrial precinct in Clyde North, designed for manufacturing, logistics, transport, and commercial operations. It offers excellent freight access to ports and airports, aiming to create approximately 42,000 jobs in business parks and technology hubs.
Oak Grove
Oak Grove is a 92-hectare masterplanned community in Clyde North, offering contemporary living with tree-lined boulevards, spacious blocks, over 14.5 hectares of parklands, proposed cafes, playgrounds, and designed for families. This future neighbourhood celebrates surrounding natural splendour and epitomises contemporary urban design.
Clyde Recreation Reserve Redevelopment
The $21.5 million redevelopment of Clyde Recreation Reserve includes three Australian Rules football/cricket ovals, two multipurpose pavilions, eight tennis courts, two netball courts, and a playground. The facility officially opened on April 17, 2024, and won the 2024 AFL Victoria Best Community Facilities Project Award. The project has enabled significant growth in female participation, with the Clyde Cougars Football Club establishing three girls-only teams for the first time in their history.
Clyde Regional Park
A new 120-hectare regional park in Clyde, co-located with the future Clyde Park Sports Precinct and Melbourne Water drainage basin. The park will restore land to its natural values, provide important habitat for native plants and wildlife, and offer community opportunities for recreation and connection with nature. Master plan development is progressing with community consultation expected in mid-2025.
Ballarto Road Pump Station Upgrade
South East Water is planning major upgrades to the existing interim sewer pump station at Ballarto Road to provide a permanent facility with increased capacity for the growing Casey/Clyde area. The scope includes an emergency storage tank to reduce spill risk, an odour control facility with vent stack (up to 12 m), a chemical dosing plant housed within a Colorbond style structure, site fencing and reinstatement. Investigative works are scheduled July-September 2025 to finalise design and construction timelines, with major upgrades expected to commence in 2026.
Employment
The labour market in Devon Meadows shows considerable strength compared to most other Australian regions
Devon Meadows has a diverse workforce with both white and blue collar jobs. The construction sector is prominent, with an unemployment rate of 2.7% as of June 2025.
Employment growth in the past year was estimated at 3.5%. Devon Meadows' unemployment rate is lower than Greater Melbourne's by 1.9%, standing at 2.7%. Workforce participation is 58.6%, compared to Greater Melbourne's 64.1%. Key employment sectors are construction, health care & social assistance, and retail trade.
Construction is particularly specialized, with an employment share 2.3 times the regional level. However, professional & technical services are under-represented at 3.9% compared to Greater Melbourne's 10.1%. Employment opportunities locally may be limited, as indicated by Census data. Between June 2024 and June 2025, employment increased by 3.5%, labour force by 4.1%, leading to a 0.6 percentage point rise in unemployment. In contrast, Greater Melbourne saw employment growth of 3.5% and labour force growth of 4.0%, with a 0.5 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Devon Meadows' employment mix suggests local employment should increase by 5.7% over five years and 12.0% over ten years, though this is a simple weighting extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
Devon Meadows' median income among taxpayers was $42,189 in financial year 2022. The average income stood at $47,673. In Greater Melbourne, the figures were $54,892 and $73,761 respectively. By September 2025, estimates suggest median income would be approximately $47,319 and average income $53,470, based on Wage Price Index growth of 12.16% since financial year 2022. The 2021 Census data shows household, family, and personal incomes in Devon Meadows rank modestly, between the 38th and 52nd percentiles. Income distribution reveals that 35.8% of residents (593 individuals) fall within the $1,500 - $2,999 range, similar to the regional average of 32.8%. After housing costs, residents retain 86.7% of their income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 4th decile.
Frequently Asked Questions - Income
Housing
Devon Meadows is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In Devon Meadows, as per the latest Census, all dwellings were houses with none being semi-detached, apartments, or other types. This contrasts with Melbourne metro's 91.5% houses and 8.5% other dwellings. Home ownership in Devon Meadows stood at 48.4%, with mortgaged dwellings at 38.0% and rented ones at 13.6%. The median monthly mortgage repayment was $2,105, higher than Melbourne metro's $1,950. The median weekly rent in Devon Meadows was $392 compared to Melbourne metro's $386. Nationally, Devon Meadows' mortgage repayments exceeded the Australian average of $1,863, and rents surpassed the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Devon Meadows features high concentrations of family households, with a lower-than-average median household size
Family households constitute 80.3% of all households, including 39.0% couples with children, 30.5% couples without children, and 10.2% single parent families. Non-family households account for the remaining 19.7%, with lone person households at 17.1% and group households comprising 1.8%. The median household size is 2.9 people, smaller than the Greater Melbourne average of 3.2.
Frequently Asked Questions - Households
Local Schools & Education
Educational outcomes in Devon Meadows fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment
The area's university qualification rate is 13.2%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 9.2%, followed by postgraduate qualifications (2.2%) and graduate diplomas (1.8%). Vocational credentials are prominent, with 43.5% of residents aged 15+ holding them - advanced diplomas (9.7%) and certificates (33.8%). Educational participation is high at 27.6%, including 11.8% in primary education, 7.3% in secondary education, and 2.3% pursuing tertiary education.
Devon Meadows Primary School serves the area with an enrollment of 291 students as of 2021. The school focuses on primary education, with ICSEA score of 986, indicating typical Australian school conditions and balanced educational opportunities. Secondary options are available in nearby areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Devon Meadows has 21 operational public transport stops, all of which are bus stops. These stops are served by two distinct routes that together facilitate 133 weekly passenger journeys. The accessibility of these services is considered limited, with residents typically residing 666 meters away from the nearest stop.
On average, each route provides 19 daily trips and approximately six weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health outcomes in Devon Meadows are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts
Devon Meadows shows lower-than-average health outcomes, with common conditions more prevalent across both younger and older age groups compared to average figures. Private health cover is extremely low at 46%, affecting approximately 759 people, while Greater Melbourne has 49.1% coverage and the national average stands at 55.3%. The most prevalent medical conditions are arthritis (9.6%) and mental health issues (7.5%), with 66.8% of residents reporting no medical ailments, compared to 76.4% in Greater Melbourne.
Devon Meadows has a higher proportion of seniors aged 65 and over at 20.7%, affecting 343 people, compared to Greater Melbourne's 9.6%. Despite this, health outcomes among seniors are notably strong, outperforming the general population in key health metrics.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Devon Meadows was found to be above average when compared nationally for a number of language and cultural background related metrics
Devon Meadows' population showed above-average cultural diversity, with 19.4% born overseas and 13.3% speaking a language other than English at home. Christianity was the predominant religion, accounting for 48.4%. Islam's representation was notably lower at 2.9%, compared to Greater Melbourne's average of 11.1%.
In terms of ancestry, Australian (31.7%), English (26.5%), and Other (8.1%) were the top groups. However, these figures differed from regional averages: Australian was substantially higher, English was also higher, while Other was notably lower. Some ethnic groups showed notable divergences: Dutch at 2.7% compared to 1.3%, Russian at 0.8% versus 0.3%, and Hungarian at 0.4%.
Frequently Asked Questions - Diversity
Age
Devon Meadows hosts an older demographic, ranking in the top quartile nationwide
Devon Meadows has a median age of 44, which is higher than Greater Melbourne's figure of 37 and significantly exceeds the national norm of 38. The 65-74 age group makes up 12.1% of Devon Meadows' population, compared to Greater Melbourne, while the 25-34 cohort comprises 8.1%. According to the 2021 Census, the 35-44 age group has increased from 11.0% to 14.4%, and the 5-14 cohort has risen from 13.0% to 14.7%. Conversely, the 25-34 cohort has decreased from 10.9% to 8.1%, and the 0-4 group has fallen from 4.5% to 3.2%. By 2041, demographic modeling indicates that Devon Meadows' age profile will change significantly. The 45-54 age group is projected to grow by 254%, reaching 864 people from the current figure of 243.