Epsom (Vic.)

Epsom 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 ABS population updates and AreaSearch validation, the estimated population of the suburb of Epsom (Vic.) as of Feb 2026 is around 5,498. This reflects an increase of 484 people from the 2021 Census figure of 5,014, representing a growth rate of 9.7%. The change is inferred from AreaSearch's estimated resident population of 5,072 in Jun 2024 and 177 new addresses validated since the Census date. This results in a population density ratio of 615 persons per square kilometer. Epsom's growth rate exceeded the SA4 region (8.0%) and Rest of Vic., positioning it as a growth leader. Natural growth contributed approximately 43.0% of overall population gains, with other drivers such as interstate migration also positive factors.

AreaSearch projections for the suburb 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 are applied across all areas for years 2032 to 2041. Considering these projections, exceptional growth is predicted over the period, with the suburb expected to increase by 3,284 persons to 2041, reflecting an overall increase of 58.6% in total population over the 17 years.

AreaSearch assessment of residential development activity positions Epsom among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers in Epsom shows an average of approximately 49 new dwelling approvals per year over the past five financial years. This totals an estimated 248 homes. In the current financial year FY-26, 19 approvals have been recorded to date. On average, each dwelling built has resulted in around 2.9 new residents per year over the past five financial years (FY-21 to FY-25), indicating strong demand that supports property values.

The average construction cost value of new homes is $339,000. There have also been commercial approvals totalling $296,000 this financial year, suggesting a predominantly residential focus in the area. Compared to the rest of Victoria, Epsom has recorded somewhat elevated construction levels, with 38.0% above the regional average per person over the five-year period.

This preserves reasonable buyer options while sustaining existing property demand. All new construction in the area has been comprised of detached houses, maintaining Epsom's traditional low density character and appealing to those seeking family homes with space. With around 104 people per dwelling approval, Epsom shows characteristics of a growth area. According to AreaSearch's latest quarterly estimate, Epsom is projected to add approximately 3,222 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth in the future.

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

AreaSearch has identified nine projects that could impact the area, with key ones being Victory Christian College Epsom Campus, Epsom Village Shopping Centre Redevelopment, Maiden Gully Road/Calder Highway Intersection Upgrade, and Elmwood Epsom. The following list details those likely to be most relevant.

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

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Employment performance in Epsom exceeds national averages across key labour market indicators

Epsom has a skilled workforce with essential services sectors well represented. The unemployment rate was 3.4% in the past year, with an estimated employment growth of 2.3%. As of September 2025, 2661 residents were employed while the unemployment rate was 0.4% below Rest of Vic.'s rate of 3.8%.

Workforce participation was at 71.4%, higher than Rest of Vic.'s 61.4%. According to Census responses, 12.4% of residents worked from home. Key industries for employment among residents were health care & social assistance, manufacturing, and construction. Epsom had a particular specialization in health care & social assistance, with an employment share 1.2 times the regional level.

Conversely, agriculture, forestry & fishing showed lower representation at 1.8% versus the regional average of 7.5%. Employment opportunities appeared limited locally, as indicated by the count of Census working population vs resident population. Between September 2024 and September 2025, employment levels increased by 2.3%, labour force increased by 3.0%, causing the unemployment rate to rise by 0.6 percentage points. By comparison, Rest of Vic. recorded an employment decline of 0.7% and a labour force decline of 0.6%. According to Jobs and Skills Australia's national employment forecasts from May-25, national employment was forecast to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Epsom's employment mix suggested local employment should increase by 6.3% over five years and 13.6% over ten years.

Income levels sit below national averages according to AreaSearch assessment

In Epsom suburb, median taxpayer income was $53,886 and average income was $65,581 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is slightly below national averages of $50,954 (median) and $62,728 (average) for Rest of Vic. As of September 2025, estimated median income would be approximately $58,332 and average income $70,991, based on Wage Price Index growth of 8.25% since financial year 2023. According to the 2021 Census, incomes in Epsom rank modestly, between the 47th and 52nd percentiles for household, family, and personal incomes. Income distribution shows that 40.7% of locals (2,237 people) fall within the $1,500 - $2,999 category, similar to the broader area where 30.3% occupy this range. After housing costs, 85.4% of income remains for other expenses.

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

Epsom's dwelling structure, as per the latest Census, consisted of 95.5% houses and 4.5% other dwellings such as semi-detached properties, apartments, and 'other' dwellings. This compares to Non-Metro Vic.'s dwelling structure of 90.1% houses and 9.9% other dwellings. Home ownership in Epsom stood at 26.5%, with the remaining dwellings either mortgaged (49.2%) or rented (24.3%). The median monthly mortgage repayment in Epsom was $1,473, exceeding Non-Metro Vic.'s average of $1,430. The median weekly rent figure for Epsom was recorded at $340, compared to Non-Metro Vic.'s $285. Nationally, Epsom's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were less than the national figure of $375.

Epsom has a typical household mix, with a higher-than-average median household size

Family households constitute 75.9% of all households, including 35.7% couples with children, 25.9% couples without children, and 13.4% single parent families. Non-family households comprise the remaining 24.1%, with lone person households at 20.8% and group households making up 3.1%. The median household size is 2.7 people, larger than the Rest of Vic. average of 2.4.

Educational outcomes in Epsom fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 19.6%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 13.7%, followed by graduate diplomas (3.0%) and postgraduate qualifications (2.9%). Vocational credentials are prevalent, with 38.9% of residents aged 15+ holding them, including advanced diplomas (10.3%) and certificates (28.6%). Educational participation is high, with 31.8% of residents currently enrolled in formal education, including 12.4% in primary, 7.7% in secondary, and 3.0% in tertiary education.

Educational participation is notably high, with 31.8% of residents currently enrolled in formal education. This includes 12.4% in primary education, 7.7% in secondary education, and 3.0% pursuing tertiary education.

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

Epsom has 42 active public transport stops offering a mix of train services. These are operated by 10 routes that collectively facilitate 1,101 weekly passenger trips. Transport accessibility is rated as good with residents typically located 287 meters from the nearest stop. The area is predominantly residential and most commuters travel outward, with cars being the dominant mode at 97%. Vehicle ownership averages 1.7 per dwelling, exceeding the regional average. According to the 2021 Census, only 12.4% of residents work from home, which may reflect COVID-19 conditions.

Service frequency across all routes averages 157 trips per day, equating to approximately 26 weekly trips per individual stop.

Health performance in Epsom is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Epsom faces significant health challenges, according to AreaSearch's assessment of mortality rates and chronic condition prevalence. Notably, both younger and older age cohorts have high prevalence of common health conditions.

Private health cover is more prevalent in Epsom than the average SA2 area, at approximately 53% (~2,901 people), compared to 50.5% across Rest of Vic.. Mental health issues and asthma are the most common medical conditions, affecting 10.2% and 9.8% of residents respectively. However, 67.0% of residents claim to be completely free of medical ailments, compared to 63.4% in Rest of Vic.. Working-age residents have an above-average prevalence of chronic health conditions. Only 12.7% of Epsom's population is aged 65 and over (698 people), lower than the 23.9% in Rest of Vic.. Health outcomes among seniors present some challenges, with national rankings broadly inline with the general population.

Epsom ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Epsom's cultural diversity was found to be below average, with 88.0% of its population born in Australia, 91.7% being citizens, and 88.7% speaking English only at home. Christianity is the predominant religion in Epsom, comprising 44.5% of people. The 'Other' category was found to be similarly represented in Epsom (0.8%) compared to Rest of Vic.

(0.8%). In terms of ancestry, Australian was the top group with 32.2%, followed by English at 30.0% and Irish at 9.1%. Notably, Indian is overrepresented in Epsom at 2.2% compared to the regional average of 0.8%. Maltese and Samoan also show slight overrepresentation at 0.4% and 0.1% respectively.

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

The median age in Epsom is 32 years, which is notably lower than Rest of Vic.'s average of 43 and also substantially under the Australian median of 38. Relative to Rest of Vic., Epsom has a higher concentration of residents aged 25-34 (17.4%) but fewer residents aged 65-74 (8.0%). Between the 2021 Census and the present, the age group of 35 to 44 has grown from 14.4% to 16.4% of Epsom's population. Conversely, the age group of 45 to 54 has declined from 11.0% to 9.6%, and the age group of 5 to 14 has dropped from 16.0% to 14.9%. By 2041, Epsom is expected to see notable shifts in its age composition, with the 25-34 age group projected to grow by 85%, adding 810 people and reaching a total of 1,767 from the current figure of 956.