Kingsbury

An assessment of population growth drivers in Kingsbury reveals an overall ranking slightly below national averages considering recent, and medium term trends

The population of the Kingsbury statistical area (Lv2) is estimated at approximately 4,144 as of November 2025. This figure represents an increase of 684 people since the 2021 Census, which reported a population of 3,460. The change is inferred from AreaSearch's estimation of the resident population at 4,112 following examination of the latest ERP data release by the ABS in June 2024, along with an additional 13 validated new addresses since the Census date. This results in a population density ratio of 3,263 persons per square kilometer, placing Kingsbury (SA2) in the upper quartile relative to national locations assessed by AreaSearch. The area's growth rate of 19.8% since the 2021 census exceeds the national average of 9.7%. Population growth was primarily driven by overseas migration 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, adjusted 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. Exceptional growth is predicted over the period, with Kingsbury (SA2) expected to expand by 2,833 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 67.6% in total over the 17 years.

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

AreaSearch analysis shows Kingsbury had approximately 13 dwelling approvals per year. From FY21-FY25, about 68 homes were approved, with none yet in FY26. Each year, around 3.1 people moved to the area for each dwelling built between FY21 and FY25.

This lagging supply often leads to heightened buyer competition and pricing pressures, with new properties constructed at an average expected cost of $317,000. In FY26, there have been $4.6 million in commercial approvals, indicating the area's primarily residential nature. Compared to Greater Melbourne, Kingsbury has significantly lower building activity (52.0% below regional average per person). This limited new construction typically supports demand and pricing for existing properties. Recent development consists solely of attached dwellings, promoting higher-density living suitable for downsizers, investors, and first-home buyers. This shift contrasts with the current housing pattern (66.0% houses), suggesting decreasing developable land availability and adapting to changing lifestyle preferences and affordability needs.

Kingsbury's population density is around 887 people per dwelling approval, reflecting a highly mature market. By 2041, AreaSearch estimates Kingsbury will grow by approximately 2,801 residents. If current development rates persist, housing supply may not keep pace with population growth, potentially intensifying buyer competition and supporting stronger price growth.

Kingsbury has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Area infrastructure changes significantly impact performance. Eight AreaSearch-identified projects may affect the area. Key projects are Hilton Garden Inn Bundoora, La Trobe University City of the Future, RMIT University Bundoora Campus Developments, and Polaris 3083 Master Planned Community. Below is a list detailing those most relevant.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

The labour market in Kingsbury shows considerable strength compared to most other Australian regions

Kingsbury has a highly educated workforce with significant representation in essential services sectors. The unemployment rate was 2.7% as of the past year, with an estimated employment growth of 2.3%.

As of September 2025, 2,439 residents are employed, and the unemployment rate is 2.0% lower than Greater Melbourne's rate of 4.7%. Workforce participation in Kingsbury is 60.3%, compared to Greater Melbourne's 64.1%. The dominant employment sectors among residents include health care & social assistance, education & training, and accommodation & food. Notably, the area has a specialization in accommodation & food, with an employment share of 1.6 times the regional level.

Conversely, professional & technical services show lower representation at 7.9% compared to the regional average of 10.1%. Employment opportunities locally may be limited as indicated by the count of Census working population versus resident population. Between September 2024 and September 2025, employment increased by 2.3%, while labour force grew by 1.5%, causing the unemployment rate to fall by 0.7 percentage points. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%, with a 0.3 percentage point rise in unemployment rate. State-level data from 25-Nov shows Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%. National employment forecasts from May-25 suggest a 6.6% expansion over five years and 13.7% over ten years. Applying these projections to Kingsbury's employment mix indicates local employment should increase by 6.4% over five years and 13.4% over ten years, though these are simple extrapolations for illustrative purposes only.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

The median taxpayer income in Kingsbury is $45,660 according to postcode level ATO data aggregated by AreaSearch for financial year ended 30th June 2023. The average income in Kingsbury is $57,484 during the same period. These figures are lower than national averages; Greater Melbourne's median income is $57,688 and average income is $75,164. Based on Wage Price Index growth of 8.25% from financial year ended 30th June 2023 to September 2025, estimated median income in Kingsbury would be approximately $49,427, and average income would be around $62,226. According to Australian Bureau of Statistics Census data collected on 10th August 2021, household incomes in Kingsbury fall between the 13th and 28th percentiles nationally. The largest segment of income earners in Kingsbury comprises 31.8% earning $1,500 to $2,999 weekly, with a total of 1,317 residents falling into this category. This aligns with the regional trend where this cohort also represents 32.8%. Housing affordability pressures are severe in Kingsbury, with only 81.4% of income remaining after housing costs, ranking at the 25th percentile nationally. The area's Socio-Economic Indexes for Areas (SEIFA) income ranking places it in the 4th decile.

Kingsbury displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Kingsbury's dwelling structure, as per the latest Census, consisted of 66.1% houses and 33.9% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Melbourne metro had 60.2% houses and 39.8% other dwellings. Home ownership in Kingsbury was at 30.7%, similar to Melbourne metro's level. The remaining dwellings were mortgaged (23.5%) or rented (45.9%). The median monthly mortgage repayment in Kingsbury was $1,733, lower than Melbourne metro's average of $2,000 and the national average of $1,863. The median weekly rent in Kingsbury was $361, lower than Melbourne metro's figure of $371 and the national average of $375.

Kingsbury features high concentrations of group households, with a fairly typical median household size

Family households comprise 62.7% of all households, including 24.2% couples with children, 24.9% couples without children, and 11.0% single parent families. Non-family households constitute the remaining 37.3%, with lone person households at 28.4% and group households comprising 9.0%. The median household size is 2.4 people, which aligns with Greater Melbourne's average.

The educational profile of Kingsbury exceeds national averages, with above-average qualification levels and academic performance metrics

The area's educational profile is notable regionally, with university qualification rates at 39.2% of residents aged 15+, surpassing the Australian average of 30.4%. This rate also exceeds that of the SA4 region, which stands at 32.8%, indicating a strong emphasis on higher education within the community. Bachelor degrees are the most prevalent, held by 21.9% of residents, followed by postgraduate qualifications (14.9%) and graduate diplomas (2.4%).

Trade and technical skills are prominent, with 25.4% of residents aged 15+ possessing vocational credentials – advanced diplomas at 10.3% and certificates at 15.1%. Educational participation is notably high, with 32.1% of residents currently enrolled in formal education. This includes 13.5% in tertiary education, 6.1% in primary education, and 4.7% pursuing secondary education.

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

Kingsbury has 19 operational public transport stops. These are served by a combination of lightrail and bus services. There are four distinct routes operating in total, facilitating 3,499 weekly passenger trips.

Residents enjoy excellent transport accessibility, with an average distance of 164 meters to the nearest stop. Daily service frequency averages 499 trips across all routes, translating to about 184 weekly trips per individual stop.

The level of general health in Kingsbury is notably higher than the national average with prevalence of common health conditions low among the general population though higher than the nation's average across older, at risk cohorts

Kingsbury demonstrates above-average health outcomes with a low prevalence of common health conditions among its general population, although this is higher than the national average in older, at-risk cohorts. Approximately 50% of Kingsbury's total population (~2,056 people) have private health cover, which is lower than Greater Melbourne's 53.5%. The national average is 55.7%.

Mental health issues and arthritis are the most common medical conditions in Kingsbury, impacting 8.1 and 7.3% of residents respectively. 71.8% of residents declare themselves completely clear of medical ailments, compared to Greater Melbourne's 70.2%. The area has 14.5% of residents aged 65 and over (600 people), requiring more attention than the broader population.

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

Kingsbury's cultural diversity is high, with 49.4% speaking a language other than English at home and 49.7% born overseas. Christianity is the predominant religion in Kingsbury, accounting for 41.8%. Buddhism is overrepresented compared to Greater Melbourne, comprising 5.9% versus 3.4%.

The top three ancestry groups are English (15.4%), Other (15.3%), and Australian (14.3%). Notably, Vietnamese (5.5%) and Macedonian (1.8%) are overrepresented while Italian is underrepresented at 8.0%.

Kingsbury hosts a young demographic, positioning it in the bottom quartile nationwide

Kingsbury's median age is 32 years, which is younger than Greater Melbourne's average of 37 and significantly lower than Australia's national average of 38. Compared to Greater Melbourne, Kingsbury has a higher percentage of residents aged 25-34 (25.3%) but fewer residents aged 5-14 (6.4%). This concentration of 25-34 year-olds is well above the national average of 14.5%. Post-2021 Census data indicates that younger residents have decreased the median age by 2 years to 32. Key changes show the 15-24 age group has grown from 14.4% to 21.5%, while the 25-34 cohort increased from 23.1% to 25.3%. Conversely, the 45-54 age group has declined from 11.5% to 8.2%, and the 5-14 age group dropped from 7.8% to 6.4%. Demographic projections suggest that Kingsbury's age profile will significantly change by 2041, with the strongest growth projected for the 25-34 cohort at 75%, adding 788 residents to reach a total of 1,837.