Euroa

Population growth drivers in Euroa are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

By 2025 Nov, Euroa's population is estimated at around 3,385, a decrease of 123 people from the 2021 Census figure of 3,508. This decline reflects AreaSearch's validation of new addresses and their analysis of ABS ERP data released in June 2024, which estimated Euroa's resident population at 3,353. Interstate migration primarily drove recent population growth, contributing approximately 56% of overall gains. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, they utilise VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels.

Growth rates by age group are applied across all areas for years 2032 to 2041. Projected demographic shifts indicate exceptional growth in Euroa over the period, with an expected increase of 1,625 persons by 2041, reflecting a gain of approximately 50.8% in total population over the 17 years.

Residential development activity is lower than average in Euroa according to AreaSearch's national comparison of local real estate markets

Euroa has recorded approximately 9 residential properties granted approval annually. Between financial years FY-21 and FY-25, around 49 homes were approved, with an additional 1 so far in FY-26. On average, about 2.5 people have moved to the area per new home constructed over these past five years.

This suggests solid demand supporting property values. New homes are being built at an average expected construction cost of $384,000, aligning with regional patterns. In FY-26, there have been $2.0 million in commercial approvals, indicating minimal commercial development activity. Compared to the Rest of Vic., Euroa shows substantially reduced construction, 67.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing properties.

The area's level is also below national average, reflecting its maturity and possible planning constraints. Recent development has been entirely comprised of detached houses, preserving Euroa's low density nature and attracting space-seeking buyers. As of now, there are an estimated 408 people in the area per dwelling approval. Future projections estimate Euroa adding 1,719 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.

Euroa has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified two projects expected to influence this region. Notable projects include Euroa Health Expansion, Euroa Bicentennial Park Play Space Upgrade, North East Rail Line Upgrade, and Inland Rail Beveridge to Albury. The following list details those most relevant.

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Euroa shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Euroa has a skilled workforce with diverse sector representation and an unemployment rate of 4.0%. Over the past year, it maintained relative employment stability.

As of June 2025, Euroa had 1,482 residents employed while its unemployment rate was 0.2% higher than Rest of Vic.'s rate of 3.8%. Workforce participation in Euroa lagged significantly at 47.1%, compared to Rest of Vic.'s 57.4%. Leading employment industries included health care & social assistance, agriculture, forestry & fishing, and construction. The area had a particular specialization in agriculture, forestry & fishing with an employment share of 1.6 times the regional level.

However, manufacturing had limited presence at 4.9%, compared to the regional level of 7.7%. Employment opportunities locally appeared limited, as indicated by the count of Census working population versus resident population. Between June 2024 and June 2025, employment levels increased by 0.1% while labour force increased by 1.3%, resulting in an unemployment rise of 1.1 percentage points. In contrast, Rest of Vic. saw employment decline by 0.9% and labour force decline by 0.4%, with unemployment rising by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 offer insights into potential future demand within Euroa. These projections suggest national employment should expand by 6.6% over five years and 13.7% over ten years, but growth rates differ significantly between industry sectors. Applying these industry-specific projections to Euroa's employment mix indicates local employment could increase by 6.0% over five years and 12.8% over ten years. However, note that this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis

Euroa's median taxpayer income was $41,611 and average income was $53,412 according to AreaSearch's aggregation of postcode level ATO data for the financial year 2022. This is lower than national averages, contrasting with Rest of Vic.'s median income of $48,741 and average income of $60,693. By September 2025, based on a 12.16% Wage Price Index growth since financial year 2022, estimated incomes would be approximately $46,671 (median) and $59,907 (average). According to the 2021 Census, Euroa's household, family, and personal incomes all fall between the 6th and 12th percentiles nationally. Income analysis shows that the $400 - 799 bracket dominates with 28.9% of residents (978 people), unlike regional trends where 30.3% fall within the $1,500 - 2,999 range. Housing costs are modest, with 87.9% of income retained, but total disposable income ranks at just the 10th percentile nationally.

Euroa is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Euroa's dwelling structures, as per the latest Census, consisted of 93.6% houses and 6.4% other dwellings (semi-detached, apartments, 'other' dwellings). This is similar to Non-Metro Vic.'s structure, which also had 93.6% houses and 6.4% other dwellings. Home ownership in Euroa was higher at 48.8%, with mortgaged dwellings at 27.3% and rented ones at 23.8%. The median monthly mortgage repayment in Euroa was $1,129, lower than Non-Metro Vic.'s average of $1,500. The median weekly rent figure in Euroa was $250, compared to Non-Metro Vic.'s $280. Nationally, Euroa's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Euroa features high concentrations of lone person households, with a lower-than-average median household size

Family households account for 62.2% of all households, including 18.2% couples with children, 30.9% couples without children, and 12.1% single parent families. Non-family households constitute the remaining 37.8%, with lone person households at 35.6% and group households comprising 2.3%. The median household size is 2.1 people, smaller than the Rest of Vic. average of 2.3.

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

The area's university qualification rate stands at 19.0%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common, with a rate of 12.6%, followed by postgraduate qualifications (3.2%) and graduate diplomas (3.2%). Vocational credentials are prevalent among residents aged 15 and above, with 35.8% holding such qualifications, including advanced diplomas (10.5%) and certificates (25.3%). A total of 24.7% of the population is actively engaged in formal education, comprising 8.8% in primary, 8.0% in secondary, and 2.4% in tertiary education.

Euroa's three schools have a combined enrollment of 584 students, operating under typical Australian school conditions (ICSEA: 981) with balanced educational opportunities. The area has two primary and one secondary school serving distinct age groups, with school capacity exceeding regional needs (17.2 places per 100 residents vs 13.9 regionally), indicating that it serves as an educational hub for the broader region.

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

Euroa has five active public transport stops operating currently. These include a mix of train and bus services. Seven different routes service these stops, collectively offering 82 weekly passenger trips.

Transport accessibility is rated as limited in Euroa, with residents typically located approximately 925 meters away from the nearest transport stop. The average service frequency across all routes is 11 trips per day, equating to about 16 weekly trips per individual stop.

Health performance in Euroa is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Euroa faces significant health challenges with various conditions affecting both younger and older age groups. Approximately 48% (~1625 people) have private health cover, lower than the national average of 55.3%.

The most prevalent medical conditions are arthritis (affecting 12.5% of residents) and mental health issues (9.7%), while 57.8% report no medical ailments, compared to 63.0% in Rest of Vic.. Residents aged 65 and over comprise 33.9% (1147 people), higher than the 25.2% in Rest of Vic.. Health outcomes among seniors show some challenges but perform better than the general population in health metrics.

The latest Census data sees Euroa placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Euroa has a low level of cultural diversity, with 89.4% of its population being citizens, 91.1% born in Australia, and 96.5% speaking English only at home. Christianity is the predominant religion in Euroa, comprising 53.1% of people, compared to 47.9% across the rest of Victoria. The top three ancestry groups are English (33.3%), Australian (32.3%), and Irish (12.1%).

Notably, Scottish ancestry is slightly overrepresented at 9.7%, while Hungarian and Sri Lankan ancestries remain at 0.2% and 0.1% respectively, similar to regional levels.

Euroa ranks among the oldest 10% of areas nationwide

The median age in Euroa is 54 years, which is significantly higher than the Rest of Vic.'s average of 43 and also considerably older than the national norm of 38. Compared to the Rest of Vic. average, the 65 - 74 cohort is notably over-represented at 17.3% in Euroa, while the 5 - 14 year-olds are under-represented at 9.4%. This 65 - 74 concentration is well above the national average of 9.4%. Between the 2021 Census and present, the 15 to 24 age group has grown from 8.9% to 9.8% of Euroa's population. Conversely, the 55 to 64 cohort has declined from 14.8% to 13.4%. By 2041, Euroa is expected to see notable shifts in its age composition, with the 35 to 44 age cohort projected to expand considerably, increasing by 282 people (78%) from 362 to 645.