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 May 2026, the estimated population of the suburb of Maldon (Vic.) is around 1,656 people. This figure reflects a decrease of 9 individuals since the 2021 Census, which recorded a population of 1,665. The current estimate is based on AreaSearch's validation of new addresses and their analysis of ABS ERP data released in June 2025, indicating a resident population of 1,655 plus an additional 21 validated new addresses since the Census date. This results in a population density ratio of approximately 34 persons per square kilometer. The primary driver for population growth in the area has been interstate migration, contributing about 78% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to reach SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. According to these projections, the suburb of Maldon (Vic.) is expected to experience a decline in overall population over this period. By 2041, the area's population is projected to decrease by 154 persons. However, growth within specific age cohorts is anticipated, notably among those aged 85 and above, with an increase of 20 people projected during this time.

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

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 3.6 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 the rest of Victoria, Maldon has significantly less development activity, at 56.0% below the regional average per person. This scarcity typically strengthens demand and prices for existing properties. Nationally, new construction in Maldon is also lower, 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 of 476 people per dwelling approval reflects its quiet, low activity development environment. Population projections indicate stability or decline, which should reduce housing demand pressures in Maldon, benefiting potential buyers.

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

No changes can impact a region's performance more than modifications to local infrastructure, major projects, and planning initiatives. Zero projects have been identified by AreaSearch as potentially affecting this area. Notable projects include Victorian Renewable Energy Zones, Regional Housing Fund, Water and Sewer Network Program, and Nyaninyuk Wind Farm, with the following list outlining those most likely to be relevant.

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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.

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

Maldon has an educated workforce with prominent representation in essential services sectors. Its unemployment rate is 5.4%. Over the past year, it has shown relative employment stability.

As of December 2025632 residents are employed while the unemployment rate is 1.7% higher than Regional Vic's rate of 3.7%. Workforce participation lags significantly at 43.6%, compared to Regional Vic's 61.0%. According to Census responses, 25.3% of residents work from home. Employment is concentrated in health care & social assistance, construction, and retail trade.

Professional & technical services have notable concentration with employment levels at 1.6 times the regional average. Agriculture, forestry & fishing has limited presence with 1.9% employment compared to 7.5% regionally. The area appears to offer limited local employment opportunities. Over the 12 months to December 2025, employment remained stable while labour force decreased by 0.1%, causing the unemployment rate to fall 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 its current 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 of $52,988 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is lower than the national average, which was $50,954 (median) and $62,728 (average) in Regional Vic during the same period. By March 2026, based on a Wage Price Index growth of 9.62%, estimated incomes would be approximately $44,502 (median) and $58,085 (average) in Maldon. Census data shows that household, family, and personal incomes in Maldon fall between the 5th and 10th percentiles nationally. The largest income bracket comprises 31.5% of residents earning $400 - $799 weekly, contrasting with the surrounding region where the $1,500 - $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

The dwelling structure in Maldon, as assessed at the latest Census, consisted of 97.9% houses and 2.1% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Regional Vic.'s 90.1% houses and 9.9% other dwellings. The home ownership rate in Maldon stood at 56.6%, with mortgaged dwellings making up 32.5% and rented ones comprising 10.9%. The median monthly mortgage repayment in the area was $1,300, lower than Regional Vic.'s average of $1,430. The median weekly rent figure in Maldon was recorded at $268, compared to Regional Vic.'s $285. Nationally, Maldon's mortgage repayments were significantly below the Australian average of $1,863, while rents were substantially lower than 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% of the total. 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 exceeds broader standards. 32.4% of its residents aged 15 and above possess university qualifications, compared to 21.7% in the rest of Victoria and 25.4% in the SA4 region. This notable educational advantage places the area favourably for knowledge-based opportunities. Bachelor degrees are most prevalent at 19.0%, followed by postgraduate qualifications (8.5%) and graduate diplomas (4.9%). Vocational credentials are also prominent, with 36.0% of residents aged 15 and above holding such qualifications - advanced diplomas comprise 12.7% and certificates make up 23.3%.

School and university attendance accounts for 17.6% of the community, including 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 operational public transport stops. These are served by two distinct routes offering a total of forty-nine weekly passenger journeys. Transport access is deemed moderate, with residents typically situated 497 meters from the nearest stop. Most residents commute outward due to its residential nature. Cars remain the prevalent mode at 92%, while walking accounts for 6%. On average, there are 1.5 vehicles per dwelling.

According to the 2021 Census, a high 25.3% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages seven trips daily across all routes, equating to roughly six 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%, compared to Regional Vic.'s 50.5% and the national average of 55.7%.

The most prevalent conditions are arthritis (12.5%) and mental health issues (9.2%). 59.0% of residents report no medical ailments, compared to 63.4% in Regional Vic. Working-age residents face higher chronic condition rates. As of 2021, 41.0% of Maldon's population is aged 65 and over (678 people), higher than Regional Vic.'s 23.9%. Health outcomes among seniors 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, as per the census conducted on Tuesday 9 June 2016, showed cultural diversity levels below average. 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 predominant religion, accounting for 36.6%.

However, Buddhism's presence at 1.5%, compared to Regional Vic.'s 1.0%, indicated overrepresentation. For ancestry, the top three groups were English (36.7%), Australian (25.0%), and Irish (12.8%). Notably, Scottish (10.8%) and Hungarian (0.6%) groups were overrepresented compared to regional averages of 8.8% and 0.2%, respectively. Welsh representation was also higher at 0.8%.

Maldon ranks among the oldest 10% of areas nationwide

Maldon has a median age of 59, which is significantly higher than the Regional Vic. figure of 43 and the Australian median of 38. Compared to Regional Vic., Maldon has a higher proportion of residents aged 65-74 (22.9%) but fewer residents aged 5-14 (5.6%). This 65-74 concentration is well above the national figure of 9.4%. Post-2021 Census data shows that the 75 to 84 age group has grown from 11.9% to 13.3%, while the 35 to 44 cohort increased from 7.0% to 8.2%. Conversely, the 45 to 54 cohort has declined from 12.2% to 10.7%, and the 55 to 64 group dropped from 20.1% to 18.7%. Looking ahead to 2041, demographic projections reveal significant shifts in Maldon's age structure. The 85+ cohort is expected to show the strongest growth at 28%, adding 22 residents to reach 102. Residents aged 65 and older are anticipated to represent 68% of population growth. However, the 75 to 84 and 0 to 4 cohorts are projected to experience population declines.