Lysterfield

Lysterfield is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As per AreaSearch's analysis of ABS population updates and new addresses validated since Feb 2026, Lysterfield's estimated population stands at around 6,765. This figure represents an increase of 84 people (1.3%) from the 2021 Census count of 6,681 residents. The change is inferred from AreaSearch's estimation of a resident population of 6,710 in Jun 2024, based on ABS ERP data release and additional validated new addresses since the Census date. This results in a population density ratio of 214 persons per square kilometer. Overseas migration contributed approximately 77.0% of overall population gains during recent periods.

AreaSearch employs ABS/Geoscience Australia projections for each SA2 area, released in Jun 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses VIC State Government's Regional/LGA projections released in 2023, adjusted using weighted aggregation methods from LGA to SA2 levels. Future population trends indicate a growth just below the national median for the suburb of Lysterfield. By 2041, the area is projected to expand by 353 persons, reflecting an increase of 4.4% over the 17-year period.

AreaSearch assessment of residential development drivers sees a low level of activity in Lysterfield, placing the area among the bottom 25% of areas assessed nationally

AreaSearch analysis of ABS building approval numbers shows Lysterfield had around 18 dwelling approvals annually over the past five financial years ending FY26. This totals an estimated 92 homes. In FY26 so far, six approvals have been recorded. Population decline during this period suggests new supply has kept pace with demand, offering good buyer choice.

Average expected construction cost for new dwellings is $786,000, indicating a focus on the premium market segment. Commercial approvals in FY26 totalled $820,000, reflecting a predominantly residential focus.

Building activity shows 86% detached and 14% attached dwellings, maintaining Lysterfield's low density nature and attracting space-seeking buyers. The area has an estimated 535 people per dwelling approval. AreaSearch projects Lysterfield will grow by 298 residents by 2041. Current development rates should comfortably meet demand, supporting buyer conditions and potentially exceeding current population projections.

Lysterfield has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified four projects that may impact this region. Notable projects are Angliss Hospital Expansion, Kings Park Masterplan, Knoxfield Industrial Estate Redevelopment, and Dorset Road Extension. The following details these projects' expected relevance.

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

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Employment conditions in Lysterfield rank among the top 10% of areas assessed nationally

Lysterfield has an educated workforce. The construction sector is prominent with a low unemployment rate of 1.8%. Over the past year, there was estimated employment growth of 1.4%.

As of December 2025, 4,189 residents are employed while the unemployment rate is 2.9% lower than Greater Melbourne's rate of 4.8%. Workforce participation in Lysterfield is 76.0%, slightly higher than Greater Melbourne's 71.3%. According to Census data, 29.0% of residents work from home, potentially influenced by Covid-19 lockdowns. Employment is concentrated in construction, retail trade, and health care & social assistance.

Construction employment share is high at 1.4 times the regional level. In contrast, health care & social assistance employs only 11.5% of local workers, lower than Greater Melbourne's 14.2%. Local employment opportunities appear limited as indicated by Census data comparing working population to resident population. Between December 2024 and December 2025, employment levels increased by 1.4%, labour force grew by 1.6%, causing unemployment to rise by 0.2 percentage points. Greater Melbourne recorded higher employment growth of 2.4% during the same period. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand in Lysterfield. Applying these projections to Lysterfield's employment mix indicates local employment should increase by 6.2% over five years and 12.9% over ten years, assuming constant population growth for illustrative purposes.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

As per AreaSearch's latest postcode level ATO data released on June 29th, 2023, Lysterfield's median income among taxpayers is $62,578, with an average of $77,361. Nationally, this is very high compared to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Lysterfield are approximately $67,741 (median) and $83,743 (average) as of September 2025. According to the 2021 Census figures, household incomes in Lysterfield rank exceptionally at the 94th percentile ($2,754 weekly). Income analysis reveals that the largest segment comprises 29.9% earning $1,500 - 2,999 weekly (2,022 residents), aligning with regional levels where this cohort likewise represents 32.8%. The substantial proportion of high earners in Lysterfield is 45.9%, indicating strong economic capacity throughout the suburb. After housing costs, residents retain 88.9% of their income, reflecting strong purchasing power and the area's SEIFA income ranking places it in the 8th decile.

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

In Lysterfield, as per the latest Census evaluation, 99.7% of dwellings were houses, with the remaining 0.3% being semi-detached homes, apartments, and other types. This is in contrast to Melbourne metro's dwelling structure, which comprised 67.9% houses and 32.1% other dwellings. The home ownership rate in Lysterfield was 38.4%, with mortgaged properties at 53.9% and rented ones at 7.6%. The median monthly mortgage repayment in the area was $2,200, higher than Melbourne metro's average of $2,000. The median weekly rent figure in Lysterfield was $435, compared to Melbourne metro's $390. Nationally, Lysterfield's median monthly mortgage repayments were significantly higher at $2,200 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.

Lysterfield features high concentrations of family households, with a higher-than-average median household size

Family households account for 88.9% of all households, including 55.3% couples with children, 24.5% couples without children, and 8.7% single parent families. Non-family households make up the remaining 11.1%, consisting of 10.4% lone person households and 0.7% group households. The median household size is 3.2 people, which is larger than the Greater Melbourne average of 2.6.

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

Educational qualifications in Lysterfield trail regional benchmarks, with 28.1% of residents aged 15+ holding university degrees compared to 37.0% in Greater Melbourne. This gap highlights potential for educational development and skills enhancement. Bachelor degrees lead at 20.6%, followed by postgraduate qualifications (5.0%) and graduate diplomas (2.5%). Trade and technical skills feature prominently, with 32.8% of residents aged 15+ holding vocational credentials – advanced diplomas (11.9%) and certificates (20.9%).

Educational participation is notably high, with 30.5% of residents currently enrolled in formal education. This includes 9.5% in primary education, 9.4% in secondary education, and 6.3% pursuing tertiary education.

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

Lysterfield has 25 operational public transport stops, all of which are bus stops. These are served by six unique routes that together facilitate 749 weekly passenger journeys. The area's transport accessibility is deemed good, with residents on average residing 263 metres from the nearest stop. As a predominantly residential zone, most inhabitants commute outwards, primarily by car at a rate of 96%. On average, there are 2.3 vehicles per dwelling, exceeding the regional norm. According to the 2021 Census, 29% of residents work from home, which may be influenced by COVID-19 conditions.

The service frequency averages 107 trips daily across all routes, translating to roughly 29 weekly trips per individual stop.

Lysterfield's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

AreaSearch's assessment shows Lysterfield has excellent health outcomes.

Mortality rates and chronic condition prevalence are very low across all age groups. Private health cover is high at approximately 57%, covering about 3,880 people. The most prevalent conditions are asthma (6.9%) and mental health issues (6.2%). Most residents (74.4%) report no medical ailments, compared to 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. Lysterfield has a higher proportion of seniors aged 65 and over (16.5%, or 1,116 people) than Greater Melbourne (15.1%). Health outcomes among seniors are strong, ranking nationally in line with the general population.

The level of cultural diversity witnessed in Lysterfield was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Lysterfield's cultural diversity was found to be above average, with 23.2% of its population born overseas and 19.0% speaking a language other than English at home. The predominant religion in Lysterfield is Christianity, accounting for 55.0% of people, compared to the Greater Melbourne figure of 43.0%. Regarding ancestry, the top three groups were Australian (25.3%), English (23.0%), and Other (9.3%).

Notably, Sri Lankan ancestry was overrepresented at 1.7%, compared to the regional average of 0.8%. Similarly, Hungarian ancestry was higher at 0.5% versus 0.3%, and Italian ancestry stood at 6.7% compared to the region's 5.2%.

Lysterfield's median age exceeds the national pattern

Lysterfield's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 years and somewhat older than Australia's median of 38 years. Compared to Greater Melbourne, Lysterfield has a notably over-represented cohort of 55-64 year-olds at 17.0%, while the 25-34 year-olds are under-represented at 8.1%. This concentration of 55-64 year-olds is well above the national average of 11.2%. Post the 2021 Census, the 65 to 74 age group grew from 8.1% to 9.9%, and the 75 to 84 cohort increased from 3.2% to 4.6%. Conversely, the 45 to 54 cohort declined from 17.0% to 14.2%, and the 25 to 34 group dropped from 9.4% to 8.1%. Demographic modeling projects significant changes in Lysterfield's age profile by 2041, with the 75-84 cohort showing the strongest growth at 76%, adding 235 residents to reach 547. Residents aged 65 and older are expected to represent 83% of the population growth. However, population declines are projected for the 0-4 and 15-24 cohorts.