Kings Park (Vic.)

Kings 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, as of Nov 2025, Kings Park (Vic.) statistical area (Lv2) has an estimated population of around 8,165. This reflects a decrease of 38 people since the 2021 Census, which reported a population of 8,203. The change is inferred from AreaSearch's estimation of the resident population at 8,163 following examination of the latest ERP data release by the ABS (June 2024), along with validation of three new addresses since the Census date. This level of population equates to a density ratio of 3,227 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Population growth for the area was primarily driven by overseas 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, 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. Anticipating future population dynamics, Kings Park (Vic.) (SA2) is expected to grow by 601 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 7.5% in total over the 17 years.

The level of residential development activity in Kings Park is very low in comparison to the average area assessed nationally by AreaSearch

Based on AreaSearch analysis of ABS building approval numbers, Kings Park has recorded approximately 9 residential properties granted approval annually. Over the past 5 financial years, from FY-21 to FY-25, around 46 homes have been approved, with 1 more approved so far in FY-26. The population has fallen during this period, suggesting that new supply has likely kept up with demand, providing good options for buyers.

New dwellings are developed at an average expected construction cost of $284,000, which is below the regional average, indicating more affordable housing options. This financial year, there have been $87,000 in commercial approvals, reflecting the area's residential nature. Compared to Greater Melbourne, Kings Park shows significantly reduced construction activity, with 63.0% fewer approvals per person. This constrained new construction typically reinforces demand and pricing for existing properties. This activity is also below average nationally, suggesting possible planning constraints. New development consists of 71.0% detached dwellings and 29.0% attached dwellings, maintaining the area's suburban identity with a concentration of family homes suited to buyers seeking space.

This marks a shift from the current housing pattern, which is predominantly houses (currently 95.0%). This suggests diminishing developable land availability and responds to evolving lifestyle preferences and housing affordability needs. Kings Park has around 1167 people per approval, indicating a mature, established area. According to AreaSearch's latest quarterly estimate, the area is projected to add 615 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and underpinning price growth.

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

Changes to local infrastructure significantly influence an area's performance. Two projects are identified by AreaSearch as potentially impacting the region: Taylors Creek Residential Estate, Kings Park Reserve Sports Facilities Upgrades, Cairnlea Remediation Project, and Sunshine Hospital Emergency Department Redevelopment. The following details projects likely most relevant.

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Employment drivers in Kings Park are experiencing difficulties, placing it among the bottom 20% of areas assessed across Australia

Kings Park's workforce is balanced across white and blue collar jobs. Manufacturing and industrial sectors are prominent, with an unemployment rate of 10.8% as of September 2025.

Employment grew by 3.9% in the past year. There are 3,439 employed residents, with a 6.2% unemployment rate, higher than Greater Melbourne's 4.7%. Workforce participation is lower at 48.4%. Dominant sectors include manufacturing, retail trade, and health care & social assistance.

Manufacturing employment is particularly high, at 2.1 times the regional level, while professional & technical jobs are underrepresented at 3.1% compared to Greater Melbourne's 10.1%. Employment opportunities locally appear limited. Over the year to September 2025, employment increased by 3.9%, labour force by 5.4%, and unemployment rose by 1.4 percentage points. In comparison, Greater Melbourne saw employment grow by 3.0%, labour force expand by 3.3%, and unemployment rise by 0.3 percentage points. State-level data to 25-Nov shows Victoria's employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%. National forecasts from May-25 suggest total employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Kings Park's mix indicates local employment should increase by 5.4% in five years and 11.9% in ten years, though this is a simplified extrapolation for illustrative purposes.

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

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year ending June 2023, Kings Park had a median income among taxpayers of $41,880. The average income stood at $47,623. This is below the national average and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 8.25% since financial year ending June 2023, current estimates for Kings Park would be approximately $45,335 (median) and $51,552 (average) as of September 2025. Census data from 2021 shows household, family and personal incomes in Kings Park all fall between the 2nd and 15th percentiles nationally. Looking at income distribution, the $1,500 - $2,999 bracket dominates with 31.1% of residents (2,539 people), mirroring the broader area where 32.8% occupy this bracket. Housing affordability pressures are severe in Kings Park, with only 84.3% of income remaining, ranking at the 16th percentile nationally.

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

Kings Park's dwellings, as recorded in the latest Census, consisted of 95.2% houses and 4.8% other dwellings such as semi-detached homes, apartments, and others. This contrasts with Melbourne metropolitan area's composition of 81.3% houses and 18.7% other dwellings. Home ownership in Kings Park stood at 42.9%, with the remaining dwellings being mortgaged (34.4%) or rented (22.7%). The median monthly mortgage repayment in Kings Park was $1,500, lower than Melbourne's average of $1,700. The median weekly rent figure for Kings Park was recorded at $321, compared to Melbourne's $346. Nationally, Kings Park's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Kings Park features high concentrations of family households, with a fairly typical median household size

Family households account for 80.0% of all households, including 37.0% couples with children, 23.3% couples without children, and 18.2% single parent families. Non-family households constitute the remaining 20.0%, with lone person households at 17.5% and group households comprising 2.4%. The median household size is 2.9 people, aligning with the Greater Melbourne average.

Kings Park faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally

The area's university qualification rate is 15.2%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 11.9%, followed by postgraduate qualifications (2.2%) and graduate diplomas (1.1%). Vocational credentials are prevalent, with 25.9% of residents aged 15+ holding them, including advanced diplomas (8.8%) and certificates (17.1%). Educational participation is high at 29.7%, with 10.1% in primary education, 8.4% in secondary education, and 4.9% pursuing tertiary education.

Educational participation is notably high, with 29.7% of residents currently enrolled in formal education. This includes 10.1% in primary education, 8.4% in secondary education, and 4.9% pursuing tertiary education.

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

Kings Park has 29 active public transport stops, all of which are bus stops. Five different routes service these stops, together offering 1,597 weekly passenger trips. The park's transport accessibility is rated excellent, with residents on average being 192 meters from the nearest stop.

On average, there are 228 trips per day across all routes, which translates to about 55 weekly trips per individual stop.

Kings Park's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low across both younger and older age cohorts

Health data shows relatively positive outcomes for Kings Park residents. The prevalence of common health conditions is low across both younger and older age cohorts. Approximately 46% (~3,737 people) have private health cover, compared to Greater Melbourne's 48.5%.

Nationally, this figure stands at 55.7%. Diabetes and asthma are the most common medical conditions in Kings Park, affecting 7.3% and 7.0% of residents respectively. Around 72.6% declare themselves completely clear of medical ailments, compared to Greater Melbourne's 73.5%. The area has 20.4% (1,665 people) of residents aged 65 and over, higher than Greater Melbourne's 17.9%. Health outcomes among seniors are above average, broadly in line with the general population's health profile.

Kings Park is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Kings Park has a culturally diverse population, with 57.3% born overseas and 73.9% speaking languages other than English at home. Christianity is the predominant religion, comprising 50.8%. Buddhism is notably higher than the regional average at 18.1%.

The top three ancestry groups are Vietnamese (22.4%), Other (22.0%), and Australian (8.9%). Macedonian (5.5%) and Maltese (4.9%) are overrepresented compared to regional averages of 2.5% and 4.6%, respectively, while Serbian is slightly higher at 1.3%.

Kings Park's population aligns closely with national norms in age terms

The median age in Kings Park is close to Greater Melbourne's average of 37 years and equivalent to Australia's median of 38 years. Compared to Greater Melbourne, Kings Park has a higher proportion of residents aged 65-74 (11.7%) but fewer residents aged 25-34 (13.3%). Between the 2016 Census and the 2021 Census, the population aged 75 to 84 grew from 4.9% to 7.4%, while the 55 to 64 age group declined from 12.3% to 11.5%. By 2041, Kings Park's age composition is projected to change significantly. The population aged 75 to 84 is expected to grow by 53%, reaching 924 people from 604. Those aged 65 and above are projected to comprise 65% of the total population growth. Conversely, declines are projected for those aged 65-74 and 25-34 years old.