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 of 45 people since the 2021 Census, which reported a population of 1,665. The change is inferred from AreaSearch's estimate of the resident population at 1,675 in June 2024, based on examination of the latest ERP data release by the ABS, along with an additional 14 validated new addresses since the Census date. This level of population results in a density ratio of 35 persons per square kilometer. Over the past decade, Maldon has shown resilient growth patterns with a compound annual growth rate of 1.8%, outpacing its SA3 area. Interstate migration contributed approximately 78.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted using a method of weighted aggregation from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. According to these projections, the suburb's population is expected to decline by 162 persons by 2041. However, growth is anticipated in specific age cohorts, notably a projected increase of 17 people in the 25 to 34 age group.

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 had around 4 dwelling approvals per year over the past 5 financial years, totalling approximately 24 homes. In FY-26 so far, 2 approvals have been recorded. This results in an average of about 6.8 new residents arriving annually for each dwelling constructed between FY-21 and FY-25.

However, supply is significantly lagging demand, leading to heightened buyer competition and pricing pressures. New homes are being built at an average construction cost value of $612,000, indicating a focus on the premium segment with upmarket properties. Compared to Rest of Vic., Maldon has substantially less development activity, which is 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 492 people per dwelling approval reflects its quiet, low activity development environment. Population projections indicate stability or decline, suggesting reduced housing demand pressures in the future, benefiting potential buyers.

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

No changes can significantly affect a region's performance like alterations to local infrastructure, major projects, and planning initiatives. Zero projects have been identified by AreaSearch as potentially impacting this area. Notable projects include Victorian Renewable Energy Zones, Regional Housing Fund (Victoria), Water and Sewer Network Program, and Nyaninyuk Wind Farm, with the following list outlining those most pertinent.

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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 5.7% as of September 2025, with estimated employment growth of 1.1% over the past year, according to AreaSearch data aggregation. As of September 2025652 residents were employed while the unemployment rate was 1.9% higher than Rest of Vic.'s rate of 3.8%.

Workforce participation in Maldon was 45.5%, compared to Rest of Vic.'s 61.4%. Census responses indicated that 25.3% of residents worked from home, potentially influenced by Covid-19 lockdown impacts. Employment is concentrated in health care & social assistance, construction, and retail trade sectors. Notably, professional & technical employment is high at 1.6 times the regional average.

However, agriculture, forestry & fishing has limited presence with only 1.9% of employment compared to the regional average of 7.5%. Over the year ending September 2025, employment increased by 1.1%, while labour force grew by 1.8%, leading to an unemployment rate rise of 0.8 percentage points. By comparison, Rest of Vic. saw employment decline by 0.7% and labour force decline by 0.6%. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Maldon's employment mix suggests local employment should increase by 6.4% over five years and 13.5% over ten years, based on a simple weighting extrapolation for illustrative purposes.

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 latest postcode level ATO data aggregated by AreaSearch for the financial year 2023. This is lower than the national averages, which were $50,954 (median) and $62,728 (average) for Rest of Vic. By September 2025, estimates based on an 8.25% Wage Price Index growth would be approximately $43,946 (median) and $57,360 (average) in Maldon. According to census data, household, family, and personal incomes in Maldon all fall between the 5th and 10th percentiles nationally. The largest income bracket comprises 31.5% earning $400 - $799 weekly, with 538 residents falling into this category, contrasting with the surrounding region where the $1,500 - $2,999 bracket leads at 30.3%. Housing costs are modest in Maldon, with 88.0% of income retained. However, total disposable income ranks at just the 9th percentile nationally, and 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 structure, as per the latest Census, consisted of 97.9% houses and 2.1% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Vic. had 90.1% houses and 9.9% other dwellings. Home ownership in Maldon was at 56.6%, with the rest being mortgaged (32.5%) or rented (10.9%). The median monthly mortgage repayment was $1,300, lower than Non-Metro Vic.'s average of $1,430 and significantly below the national average of $1,863. The median weekly rent in Maldon was $268, compared to Non-Metro Vic.'s $285 and 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 compose 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 constitute 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, smaller than the Rest of 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 is notably higher than broader averages. Among residents aged 15 and above, 32.4% have university qualifications, compared to 21.7% in the rest of Victoria and 25.4% in the SA4 region. This educational advantage is led by bachelor degrees (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 at 12.7% and certificates at 23.3%. School and university attendance makes up 17.6% of the community, including 6.0% in secondary education, 5.6% in primary education, and 2.5% pursuing tertiary education.

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 serviced by two routes offering 49 weekly passenger trips. Residents have moderate accessibility to these stops, typically living 497 meters from the nearest one. Most residents commute outward daily, with cars being the dominant mode at 92%. Six percent walk, and vehicle ownership averages 1.5 per dwelling. In 2021 Census data, which may reflect COVID-19 conditions, 25.3% of residents work from home. 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. Common health conditions are low across all age groups. Private health cover stands at approximately 48%, compared to Victoria's 50.5% and Australia's 55.7%.

The most prevalent medical conditions are arthritis (12.5%) and mental health issues (9.2%), with 59.0% reporting no ailments, versus Rest of Vic.'s 63.4%. Working-age residents face higher chronic condition rates. Maldon has 39.5% aged 65 and over (675 people), exceeding Rest of Vic.'s 23.9%. Senior health outcomes are above average, ranking higher than the general population nationally.

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

Maldon, in terms of cultural diversity, was found to be below average as of 2016 Census data. It had 84.1% of its population born in Australia, with 91.5% being citizens and 97.7% speaking English only at home. Christianity was the main religion, comprising 36.6% of people in Maldon.

However, Buddhism was overrepresented at 1.5%, compared to 1.0% across Rest of Vic.. In terms of ancestry, the top three represented groups were English (36.7%), Australian (25.0%), and Irish (12.8%). Notably, Scottish representation was higher at 10.8% in Maldon versus 8.8% regionally, Hungarian at 0.6% versus 0.2%, and Welsh at 0.8% versus 0.4%.

Maldon ranks among the oldest 10% of areas nationwide

Maldon has a median age of 59, which is significantly higher than the Rest of Vic. figure of 43 and the Australian median of 38. Compared to Rest of Vic., Maldon has a higher concentration of residents aged 65-74 (23.0%) but fewer residents aged 5-14 (5.4%). This concentration of 65-74 year-olds is well above the national figure of 9.5%. According to post-2021 Census data, the population aged 35-44 has grown from 7.0% to 8.2%, while the 55-64 age group has declined from 20.1% to 18.6% and the 45-54 age group has dropped from 12.2% to 10.9%. By 2041, demographic projections show significant shifts in Maldon's age structure, with the 85+ cohort projected to grow by 21%, adding 15 residents to reach a total of 89. Meanwhile, both the 45-54 and 5-14 age groups are expected to see reduced numbers.