Maldon (Vic.)

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

As of February 2026, the estimated population of the suburb of Maldon (Vic.) is around 1,710. This figure reflects an increase from the 2021 Census count of 1,665 people, representing a rise of 45 individuals or approximately 2.7%. The AreaSearch analysis, which validated new addresses and examined latest ERP data released by ABS in June 2024, indicates this growth is inferred from an estimated resident population of 1,675 and additional 14 validated new addresses since the Census date. This results in a population density ratio of 35 persons per square kilometer. The primary driver for this population increase was interstate migration, contributing approximately 78.0% of overall population gains.

AreaSearch employs 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 uses VIC State Government's Regional/LGA projections from 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Examining future trends up to 2041, the suburb of Maldon (Vic.) is projected to experience an overall population decline. According to this methodology, the area's population is expected to decrease by 159 persons over this period. However, specific age cohorts are anticipated to grow, notably the 25 to 34 age group which is projected to increase by 17 people.

AreaSearch analysis of residential development drivers sees Maldon recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers shows Maldon has received around 4 dwelling approvals per year on average over the past five financial years, totalling an estimated 24 homes. As of FY-26, 2 approvals have been recorded. This averages out to approximately 6.9 new residents arriving per dwelling constructed annually between FY-21 and FY-25.

However, supply is significantly lagging demand, leading to heightened buyer competition and pricing pressures. The average construction value of new homes in Maldon is $612,000, indicating a focus on the premium segment with upmarket properties. Compared to Rest of Vic., Maldon has 56.0% less development activity per person, reflecting market maturity and possible development constraints. All new constructions have been detached dwellings, preserving the area's low density nature and attracting space-seeking buyers. The estimated population count per dwelling approval is 492 people, indicating a quiet, low activity development environment.

Population projections show stability or decline in Maldon, suggesting reduced housing demand pressures and benefiting potential buyers.

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

No major infrastructure projects or planning initiatives were identified by AreaSearch as likely to impact the area. Key projects include Victorian Renewable Energy Zones, Regional Housing Fund (Victoria), Water and Sewer Network Program, and Nyaninyuk Wind Farm.

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

Maldon has an educated workforce with significant representation in essential services sectors. The unemployment rate was 5.3% as of the past year, with an estimated employment growth of 1.2%. As of December 2025657 residents were employed while the unemployment rate was 1.6% higher than Regional Vic's rate of 3.7%.

Workforce participation in Maldon was 44.5%, compared to Regional Vic's 61.5%. According to Census responses, 25.3% of residents worked from home, potentially influenced by Covid-19 lockdowns. Employment is concentrated in health care & social assistance, construction, and retail trade. Notably, professional & technical services have a high concentration with employment levels at 1.6 times the regional average.

However, agriculture, forestry & fishing has limited presence with only 1.9% of employment compared to Regional Vic's 7.5%. The area may offer limited local employment opportunities as indicated by the count of Census working population versus resident population. Between December 2024 and December 2025, employment increased by 1.2%, while labour force increased by 1.2%, reducing the unemployment rate by 0.2 percentage points. In comparison, Regional Vic recorded an employment decline of 0.6% and a labour force decline of 0.7%, with unemployment falling by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Maldon's employment should increase by 6.4% over five years and 13.5% over ten years, based on industry-specific projections applied to the local employment mix.

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

The suburb of Maldon had a median taxpayer income of $40,597 and an average income of $52,988 in the financial year 2023, according to postcode level ATO data aggregated by AreaSearch. This is lower than the national average, with Regional Vic.'s median income being $50,954 and average income being $62,728. By September 2025, estimates suggest the median income will be approximately $43,946 and the average income $57,360, based on an 8.25% growth in wages since financial year 2023. Census data shows that household, family, and personal incomes in Maldon all fall between the 5th and 10th percentiles nationally. The largest income bracket in Maldon comprises 31.5% of residents earning $400 to $799 weekly, while in the surrounding region, the $1,500 to $2,999 bracket leads at 30.3%. Despite modest housing costs allowing for 88.0% income retention, total disposable income ranks at just the 9th percentile nationally. The area's SEIFA income ranking places it in the 4th decile.

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

Maldon's dwelling structures, as per the latest Census, consisted of 97.9% houses and 2.1% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Regional Vic. had 90.1% houses and 9.9% other dwellings. Home ownership in Maldon was 56.6%, with mortgaged dwellings at 32.5% and rented ones at 10.9%. The median monthly mortgage repayment was $1,300, lower than Regional Vic.'s average of $1,430. The median weekly rent in Maldon was $268, compared to Regional Vic.'s $285. Nationally, Maldon's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

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

Family households constitute 58.6% of all households, including 14.5% couples with children, 34.6% couples without children, and 7.4% single parent families. Non-family households comprise the remaining 41.4%, with lone person households at 38.8% and group households making up 3.0%. The median household size is 1.9 people, which is smaller than the Regional Vic. average of 2.4.

Maldon performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

Maldon's educational attainment notably exceeds wider standards. Among residents aged 15+, 32.4% possess university qualifications, surpassing the Rest of Vic.'s 21.7% and the SA4 region's 25.4%. Bachelor degrees are most prevalent at 19.0%, followed by postgraduate qualifications (8.5%) and graduate diplomas (4.9%). Vocational credentials are prominent with 36.0% of residents aged 15+ holding them, including advanced diplomas (12.7%) and certificates (23.3%). School and university attendance comprises 17.6% of the community, including secondary education at 6.0%, primary education at 5.6%, and tertiary education at 2.5%.

School and university attendance encompasses 17.6% of the community. This includes 6.0% in secondary education, 5.6% in primary education, and 2.5% pursuing tertiary education.

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

Maldon has eight active public transport stops served by two routes, offering a total of 49 weekly passenger trips. The average distance to the nearest stop is 497 meters. Most residents commute outward, with cars being the primary mode at 92%, followed by walking at 6%. On average, there are 1.5 vehicles per dwelling. According to the 2021 Census, 25.3% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency averages seven trips per day across all routes, resulting in approximately six weekly trips per individual stop.

Service frequency averages 7 trips per day across all routes, equating to approximately 6 weekly trips per individual stop.

Maldon'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

Maldon's health data shows positive outcomes, aligning with national benchmarks for mortality rates and health conditions. Common health conditions are low across all age groups. Private health cover is low at 48% (818 people), compared to Regional Vic.'s 50.5%.

Nationally, it's 55.7%. The most prevalent conditions are arthritis (12.5%) and mental health issues (9.2%), with 59.0% reporting no medical ailments, compared to Regional Vic.'s 63.4%. Working-age residents have higher chronic condition rates. Maldon has 40.4% of residents aged 65 and over (690 people), higher than Regional Vic.'s 23.9%. Senior health outcomes are above average, ranking even higher nationally than the general population.

Maldon is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Maldon's cultural diversity was found to be below average. As of the 2016 Census, 84.1% of its population were born in Australia, with 91.5% being citizens and 97.7% speaking English only at home. Christianity was the dominant religion, comprising 36.6% of people in Maldon.

Buddhism had a higher representation in Maldon than Regional Vic., making up 1.5% compared to the regional average of 1.0%. The top three ancestry groups were English (36.7%), Australian (25.0%), and Irish (12.8%). Notably, Scottish ancestry was overrepresented at 10.8% in Maldon compared to 8.8% regionally, Hungarian at 0.6% versus the regional average of 0.2%, and Welsh at 0.8% compared to 0.4%.

Maldon ranks among the oldest 10% of areas nationwide

Maldon's median age is 59, notably higher than Regional Vic.'s figure of 43 and significantly above Australia's median of 38. Compared to Regional Vic., Maldon has a higher proportion of residents aged 65-74 (23.2%), but fewer residents aged 5-14 (5.6%). This concentration of 65-74 year-olds is well above the national average of 9.5%. Post-2021 Census data indicates that the 35 to 44 age group has increased from 7.0% to 8.8%, while the 55 to 64 cohort has decreased from 20.1% to 18.8%, and the 45 to 54 group has dropped from 12.2% to 11.1%. By 2041, demographic projections show significant shifts in Maldon's age structure. The 85+ cohort is projected to grow by 17%, adding 13 residents to reach 92. Residents aged 65 and older are expected to represent 67% of the population growth. Conversely, the 75 to 84 and 35 to 44 cohorts are anticipated to experience population declines.