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This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.
SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.
Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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2021 Census | -- people
Sales Activity
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Population
Invermay Park is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, the population of Invermay Park is estimated at around 2001 as of May 2026. This reflects an increase of 309 people (18.3%) since the 2021 Census, which reported a population of 1692 people. The change is inferred from the resident population of 1996, estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2025, and an additional 90 validated new addresses since the Census date. This level of population equates to a density ratio of 797 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Invermay Park's 18.3% growth since the 2021 census exceeded the Rest of Vic. (4.3%), along with the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration that contributed approximately 43.0% of overall population gains during recent periods, although all drivers including natural growth and interstate migration were positive factors.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023 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 also applied across all areas for years 2032 to 2041. As we examine future population trends, a significant population increase in the top quartile of Australian non-metropolitan areas is forecast, with the suburb of Invermay Park expected to expand by 443 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 21.9% in total over the 16 years.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Invermay Park according to AreaSearch's national comparison of local real estate markets
AreaSearch analysis of ABS building approval numbers shows Invermay Park averaged approximately 9 new dwelling approvals annually over the past five financial years, totalling an estimated 46 homes. As of FY-26, 9 approvals have been recorded. Despite recent population decline, housing supply has remained adequate relative to demand, resulting in a balanced market with varied buyer choice. The average construction cost value for new properties is $545,000, indicating a focus on the premium segment.
Commercial development activity has been minimal this financial year, with $180,000 in approvals. Compared to Rest of Vic., Invermay Park has significantly less development activity, 58.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established homes, although building activity has increased recently. New development consists of 91.0% detached dwellings and 9.0% medium to high-density housing, maintaining Invermay Park's traditional low density character with a focus on family homes.
With approximately 126 people per approval, Invermay Park reflects an area experiencing growth. According to the latest AreaSearch quarterly estimate, Invermay Park is expected to grow by 438 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and underpinning price growth.
Frequently Asked Questions - Development
Development applications around Invermay Park
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Invermay Park has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified two projects likely affecting the region: Central Neighbourhood Activity Centre Ballarat North, Wendouree Station Precinct Structure Plan and Urban Design Framework (2016), Ballarat Major Events Precinct Upgrades (scheduled for completion in 2023). The Ballarat North Precinct Structure Plan is also notable.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
St John of God Ballarat Hospital Expansion
An $80.5 million expansion of St John of God Ballarat Hospital, featuring a new five-level medical services building. The project delivered a 10-bed ICU/CCU, four new operating theatres, a 30-bed in-patient ward, and an expanded Cardiovascular Intervention Laboratory. The redevelopment also included a new Central Sterile Services Department and upgraded pathology facilities to meet the growing healthcare needs of the Ballarat and Grampians region.
Ballarat Base Hospital Redevelopment
The $655 million Ballarat Base Hospital Redevelopment is in its third and final stage, building a new seven-level hospital tower delivered by Built in partnership with the Victorian Health Building Authority and Grampians Health. The tower will include a new main entrance off Sturt Street, a new emergency department with an integrated mental health, alcohol and other drugs hub, a women and children's hub, a state-of-the-art operating theatre suite, an expanded critical care floor, a new helipad, and around 100 extra inpatient and short stay beds. As of late 2025, structural works on the new tower are well advanced, with vertical concrete pours progressing and four tower cranes operating on site. Earlier stages have already delivered a six-storey central energy plant and support services building on Drummond Street, and an expanded multi-deck carpark adding 400 spaces. Once complete, the upgraded hospital will treat at least 18,000 more emergency patients and 14,500 additional inpatients per year, supporting around 4,000 extra surgeries annually. The project is on track for completion in 2027.
Central Neighbourhood Activity Centre Ballarat North
A core component of the Ballarat North Precinct Structure Plan (PSP), this Neighbourhood Activity Centre (NAC) is designed to serve a future community of approximately 5,600 households. The centre is planned to support 8,000-12,000 sqm of supermarket floorspace, providing for two to three full-line supermarkets. The broader precinct development includes two government primary schools, a government secondary school, two sporting reserves, and a local convenience centre to support a projected population of up to 19,000 residents.
Learmonth Road Retail Hub
A premium large-format retail destination in Wendouree, spanning approximately 29,450sqm. The project is designed for diverse homemaker and lifestyle brands, featuring over 360 on-site car parks and tenancies ranging from 1,000 to 2,700sqm. It occupies a strategic 'golden mile' location with high visibility and 20,000 daily passing vehicles.
Ballarat Major Events Precinct Upgrades
The Ballarat Major Events Precinct Upgrades are delivering a major redevelopment of Mars Stadium and the surrounding Eureka Sports Precinct in Wendouree. The project includes 5,000 new permanent seats and upgraded amenities at Mars Stadium, a new Ballarat Regional Athletics Centre on the former showgrounds site with track, pavilion and lighting, plus improved accessibility, landscaping and public open space across the precinct. Led by Development Victoria as part of the Victorian Government Regional Sports Infrastructure Program, construction began in early 2025 and the works are expected to be completed in late 2026, strengthening Ballarat as a regional hub for elite sport and community events.
Wendouree Library and Learning Centre
A transformational 2,700 square metre double-storey library and learning centre at Weeramar Park, Wendouree, serving over 40,000 residents across Wendouree, Ballarat North, Invermay, Miners Rest and surrounding areas. The facility will replace the existing library at Stockland Wendouree and include comprehensive library services, City of Ballarat customer service point, Visitor Information Centre, Parent Place services, maker space, study and activity areas, relaxation spaces, a cafe with free WiFi, and support for lifelong learning, health, wellbeing and community connection. Haskell Architects and Porter Architects were appointed in June 2025 as lead designers, with final designs expected by mid-2026. This Tier One Advocacy Priority Project is seeking federal and state government funding partnerships.
Ballarat Line Upgrade
Upgrade of the Ballarat regional rail line between Deer Park West/Melton and Ballarat completed in early 2021. Works delivered 18 km of duplicated track between Deer Park West and Melton, new Cobblebank Station, upgrades at Bacchus Marsh, Ballan, Rockbank and Wendouree, passing loops at Ballan and Millbrook, new stabling at Maddingley, and signalling and track improvements. The upgrade enabled around 135 extra weekly services across the line with peak services about every 20 minutes and off-peak about every 40 minutes.
Wendouree Station Precinct Structure Plan and Urban Design Framework
City of Ballarat is preparing a new Structure Plan and Urban Design Framework for the Wendouree Station precinct to guide land use, transport integration and urban renewal around Wendouree Station. The work supersedes the 2019 master plan as the strategic basis to progress Ballarat Planning Scheme changes. Focus areas include movement and access, employment retention and growth, buffers between industry and sensitive uses, infrastructure planning, contamination management, and environmental and heritage considerations.
Employment
The exceptional employment performance in Invermay Park places it among Australia's strongest labour markets
Invermay Park has a skilled workforce with prominent representation in essential services sectors. Its unemployment rate is 1.2%, reflecting an estimated employment growth of 2.9% over the past year, according to AreaSearch's statistical area data aggregation. As of December 2025, 1,121 residents are employed while the unemployment rate stands at 2.5% below Regional Vic.'s rate of 3.7%.
Workforce participation is 66.0%, slightly higher than Regional Vic.'s 61.0%. Census responses indicate that a low 12.2% of residents work from home, potentially influenced by Covid-19 lockdown impacts. The leading employment industries are health care & social assistance, education & training, and retail trade. Invermay Park specializes in education & training with an employment share 1.5 times the regional level, but agriculture, forestry & fishing is under-represented at 1.2% compared to Regional Vic.'s 7.5%.
The area offers limited local employment opportunities as indicated by the Census working population vs resident population count. Between December 2024 and December 2025, employment levels increased by 2.9% and labour force increased by 2.9%, with unemployment remaining essentially unchanged, contrasting Regional Vic.'s employment contraction of 0.6%, labour force fall of 0.7%, and unemployment decrease of 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years, with varying growth rates across industry sectors. Applying these projections to Invermay Park's employment mix indicates a potential local employment increase of 6.3% over five years and 13.3% over ten years, though these are simple weighted extrapolations for illustrative purposes and do not account for localized population projections.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
AreaSearch aggregated latest postcode level ATO data released for financial year ended June 2023. Invermay Park's median taxpayer income was $46,244 and average income stood at $59,375. Nationally, the median was $50,954 and average was $62,728. Based on Wage Price Index growth of 9.62% from June 2023 to March 2026, estimated incomes would be approximately $50,693 (median) and $65,087 (average). As per the 2021 Census, Invermay Park's household, family, and personal incomes ranked modestly, between 38th and 51st percentiles. The earnings band of $1,500 - 2,999 captured 37.0% of residents (740 individuals), similar to metropolitan regions at 30.3%. After housing costs, residents retained 90.9% of income, reflecting strong purchasing power and the area's SEIFA income ranking in the 5th decile.
Frequently Asked Questions - Income
Housing
Invermay Park is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Invermay Park's dwelling structures, as per the latest Census, consisted of 96.0% houses and 4.0% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Home ownership in Invermay Park stood at 53.7%, with mortgaged dwellings at 36.1% and rented ones at 10.2%. The median monthly mortgage repayment was $1,517, surpassing Regional Vic.'s average of $1,430. The median weekly rent figure in Invermay Park was recorded as $340, compared to Regional Vic.'s $285. Nationally, Invermay Park's mortgage repayments were lower than the Australian average of $1,863, and rents were less than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Invermay Park has a typical household mix, with a higher-than-average median household size
Family households constitute 75.8% of all households, including 31.3% couples with children, 36.7% couples without children, and 7.3% single parent families. Non-family households comprise the remaining 24.2%, with lone person households at 22.8% and group households at 1.2%. The median household size is 2.5 people, larger than the Regional Vic. average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Invermay Park shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
The area's university qualification rate is 19.0%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 12.3%, followed by graduate diplomas (3.7%) and postgraduate qualifications (3.0%). Vocational credentials are prevalent, with 35.6% of residents aged 15+ holding them. Advanced diplomas account for 11.0% and certificates for 24.6%.
Educational participation is high, with 25.7% of residents currently enrolled in formal education. This includes 8.9% in secondary education, 7.5% in primary education, and 4.4% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Invermay Park has 15 operational public transport stops. These are served by two routes offering a total of 362 weekly passenger trips. The area's transport accessibility is excellent, with residents on average located 189 meters from the nearest stop. Most residents commute outward daily, with cars being the primary mode of transportation at 98%. On average, there are 1.7 vehicles per dwelling, higher than the regional norm. According to the 2021 Census, only 12.2% of residents work from home, which might be influenced by COVID-19 conditions.
The service frequency across all routes averages 51 trips per day, equating to roughly 24 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Invermay Park's residents are relatively healthy in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts
Invermay Park's health metrics closely align with national benchmarks, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. The area has a standard level of common health conditions seen across both young and old age cohorts.
Private health cover is relatively low at approximately 50% of the total population (~1,070 people), compared to the national average of 55.7%. The most common medical conditions are arthritis and asthma, impacting 10.4% and 9.1% of residents respectively, while 61.6% declare themselves completely clear of medical ailments, compared to 63.4% across Regional Vic.. The working-age population faces notable health challenges with elevated chronic condition rates. Invermay Park has 25.6% of residents aged 65 and over (512 people), which is higher than the 23.9% in Regional Vic.. Health outcomes among seniors are particularly strong, ranking even higher than the general population nationally.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees Invermay Park placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
Invermay Park's cultural diversity was found to be below average, with 95.0% of its population born in Australia and 95.0% being citizens. English was spoken at home by 98.4%. Christianity was the predominant religion, comprising 62.2%, compared to 47.3% regionally.
In terms of ancestry, the top groups were English (33.2%), Australian (31.4%), and Irish (12.7%). Notably, Dutch (1.8%) and Scottish (9.1%) were overrepresented compared to regional averages of 1.7% and 8.8%, respectively, while Welsh was slightly higher at 0.5%.
Frequently Asked Questions - Diversity
Age
Invermay Park ranks among the oldest 10% of areas nationwide
Invermay Park has a median age of 49, which is higher than Regional Vic's figure of 43 and Australia's average of 38 years. Compared to the Regional Vic. average, Invermay Park has an over-representation of the 55 - 64 cohort (16.0% locally) and an under-representation of the 35 - 44 age group (9.4%). Between 2021 and present, the 35 to 44 age group has increased from 8.0% to 9.4%, while the 25 to 34 cohort has risen from 7.7% to 8.9%. Conversely, the 55 to 64 cohort has decreased from 17.9% to 16.0%. By 2041, demographic projections show significant shifts in Invermay Park's age structure. The 25 to 34 age cohort is projected to increase by 104 people (59%), from 178 to 283. Meanwhile, the 55 to 64 cohort is expected to grow modestly by 17 people (6%).