Park Orchards

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

Based on analysis of ABS population updates, as of Nov 2025, Park Orchards' estimated population is around 4,125. This reflects an increase of 290 people since the 2021 Census, which reported a population of 3,835. The change is inferred from AreaSearch's estimate of 4,124 residents based on latest ERP data (June 2024) and seven validated new addresses since the Census date. This level of population results in a density ratio of 435 persons per square kilometer. Park Orchards' growth of 7.6% since the 2021 Census exceeded the SA4 region's 4.9%, marking it as a growth leader. Overseas migration primarily drove this growth.

AreaSearch uses 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 VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, lower quartile growth is anticipated, with the area expected to grow by 65 persons by 2041 based on aggregated SA2-level projections, reflecting a reduction of 2.1% in total over the 17 years.

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

Park Orchards has seen approximately 12 new homes approved annually. Between FY-21 and FY-25, around 60 homes were approved, with an additional 4 approved so far in FY-26. On average, 0.4 people moved to the area per dwelling built over these years.

This suggests supply is meeting or exceeding demand, offering greater buyer choice while supporting potential population growth above projections. The average development value is $900,000, indicating a focus on the premium market segment with higher-end properties. In FY-26, there have been $3.1 million in commercial approvals, reflecting Park Orchards' primarily residential nature.

New developments consist of 60% detached dwellings and 40% medium to high-density housing, offering choices from spacious family homes to more affordable compact options. This shift represents a notable change from the area's existing housing stock, which is currently 100% houses. At around 303 people per approval, Park Orchards reflects a transitioning market with an expected stable or declining population, potentially reducing pressure on housing and creating opportunities for buyers.

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

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified five projects expected to influence the region. Notable projects include Manor Place Estate, Ringwood North Liveable Neighbourhoods Project, 170-172 Warrandyte Road Retail Development, and Kubis Drive and Werac Drive footpath construction in Ringwood North. The following list details those most relevant.

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

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AreaSearch analysis of employment trends sees Park Orchards performing better than 90% of local markets assessed across Australia

Park Orchards has a highly educated workforce with strong representation in professional services. Its unemployment rate is 1.3%, lower than the Greater Melbourne average of 4.7%.

Employment growth over the past year was estimated at 1.6%. As of September 2025, 2,212 residents are employed, with an unemployment rate of 3.4% and workforce participation at 66.7%, slightly higher than Greater Melbourne's 64.1%. Dominant employment sectors include construction, health care & social assistance, and professional & technical services. Construction stands out with employment levels 1.7 times the regional average.

Conversely, transport, postal & warehousing is under-represented at 2.0% compared to Greater Melbourne's 5.2%. Limited local employment opportunities are indicated by Census data comparing working population to resident population. Over the year to September 2025, employment increased by 1.6%, labour force by 0.9%, reducing unemployment by 0.6 percentage points. In contrast, Greater Melbourne saw employment growth of 3.0% and a 0.3 percentage point increase in unemployment. Statewide, Victoria's employment grew by 1.13% year-on-year to 25-Nov, adding 41,950 jobs, with an unemployment rate of 4.7%. Nationally, the unemployment rate was 4.3%, and employment growth outpaced the national average of 0.14%. Jobs and Skills Australia's forecasts from May-25 project national employment to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Park Orchards' employment mix suggests local employment should increase by 7.0% over five years and 14.0% over ten years, though this is a simplified extrapolation for illustrative purposes only.

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

Park Orchards' median taxpayer income is $61,310, with an average of $98,237, according to the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. Nationally, these figures are exceptionally high, contrasting with Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $66,368 (median) and $106,342 (average) as of September 2025. According to the 2021 Census figures, household incomes rank exceptionally high at the 98th percentile ($3,155 weekly). Income analysis reveals that 40.4% of the community falls into the $4000+ earnings band (1,666 individuals), differing from regional patterns where the $1,500 - 2,999 band dominates with 32.8%. This indicates a substantial proportion of high earners (51.4% above $3,000/week) in Park Orchards, reflecting strong economic capacity throughout the suburb. After housing costs, residents retain 89.1% of their income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 9th decile.

Park Orchards is characterized by a predominantly suburban housing profile, with strong rates of outright home ownership

The dwelling structure in Park Orchards, as evaluated at the latest Census, consisted entirely of houses with no other dwellings such as semi-detached homes, apartments, or 'other' dwellings. Home ownership stood at 49.9%, with 46.8% of dwellings mortgaged and 3.3% rented. The median monthly mortgage repayment was $3,000, while the median weekly rent was recorded at $601. Nationally, Park Orchards' mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Park Orchards features high concentrations of family households, with a median household size of 3.2 people

Family households comprise 89.4% of all households, including 54.4% couples with children, 29.3% couples without children, and 5.7% single parent families. Non-family households account for 10.6%, with lone person households at 9.5% and group households making up 0.7%. The median household size is 3.2 people.

Park Orchards shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's educational profile is notable regionally, with university qualification rates of 38.4% among residents aged 15+, surpassing the Australian average of 30.4% and the SA4 region rate of 31.2%. Bachelor degrees are most prevalent at 26.2%, followed by postgraduate qualifications (7.7%) and graduate diplomas (4.5%). Vocational credentials are also prominent, with 26.6% of residents aged 15+ holding such qualifications – advanced diplomas account for 11.3% and certificates for 15.3%.

Educational participation is high, with 32.9% of residents currently enrolled in formal education. This includes 12.2% in secondary education, 9.6% in primary education, and 6.8% pursuing tertiary education.

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

Park Orchards has 25 active public transport stops, all of which are bus stops. These stops are served by two different routes that together offer 279 weekly passenger trips. The accessibility of the transport system is considered good, with residents on average being located 353 meters away from their nearest stop.

On average, there are 39 trips per day across all routes, which equates to approximately 11 weekly trips per individual stop.

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

Park Orchards' health outcomes show excellent results with very low prevalence of common health conditions across all age groups. The private health cover rate is exceptionally high at approximately 66% of the total population (2,701 people), compared to the national average of 55.7%.

Asthma and arthritis are the most common medical conditions in the area, affecting 7.2 and 6.5% of residents respectively. A significant majority, 73.6%, report being completely clear of medical ailments, contrasting with 0% across Greater Melbourne. The area has an 18.8% senior population (775 people), with health outcomes among seniors performing particularly well, even better than the general population in health metrics.

In terms of cultural diversity, Park Orchards records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Park Orchards' population, born in Australia, was 81.5%. Citizenship stood at 93.2%, with English as the sole language spoken at home by 89.0%. Christianity was the predominant religion, accounting for 53.9%.

In terms of ancestry, English comprised 28.6%, Australian 23.9%, and Irish 8.4% of Park Orchards' population. Notably, Dutch (2.5%) and Italian (7.0%) groups were overrepresented compared to regional averages. South African ancestry was also present at 0.8%.

Park Orchards hosts a notably older demographic compared to the national average

The median age in Park Orchards is 45 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's national average of 38 years. Compared to Greater Melbourne, Park Orchards has a higher percentage of residents aged 15-24 (18.4%) but fewer residents aged 25-34 (4.9%). This concentration of 15-24 year-olds is well above the national average of 12.5%. According to the 2021 Census, the percentage of the population aged 75-84 has increased from 5.5% to 6.5%, while the percentage of those aged 45-54 has decreased from 18.5% to 17.3%. By 2041, demographic projections indicate significant shifts in Park Orchards' age structure. The number of residents aged 85 and above is expected to grow by 57%, reaching 136 from 86. Notably, the combined age groups of 65 and above will account for 96% of total population growth, reflecting the area's aging demographic profile. In contrast, both the 55-64 and 0-4 age groups are projected to decrease in number.