Parkville (Vic.)

Suburb (SAL)

Greater Melbourne / Brunswick - Coburg

 
 
 
 
 
 
 
Data Sources ABSValuer GeneralRental BoardACARA Newest Aug 2026 · Refreshed ABS QuickStats SAL22038 How we calculate this
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Suburb (SAL) Boundary Analysis

This analysis uses Suburbs and Localities (SAL) boundaries, which can materially differ from Statistical Areas (SA2) even when sharing the same name.

SAL boundaries are defined by Australia Post and the Australian Bureau of Statistics to represent commonly-known suburb names used in postal addresses.

Statistical Areas (SA2) are designed for census data collection and may combine multiple suburbs or use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.

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Sales ActivityProperty Sales Trends in Parkville (Vic.)

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DemographicsPopulation Growth in Parkville (Vic.)

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Parkville (Vic.) has an estimated 8,053 residents, up from 7,074 at the 2021 Census — a change of 979 people, or 13.8%. Overseas migration accounts for 100.0% of that increase. That puts 2,013 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

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Based on demographic evaluations from the ABS for the wider region and recently verified addresses from AreaSearch post-Census, the suburb of Parkville (Vic.) has an estimated resident count of 8,053 as of May 2026. This represents a gain of 979 residents (13.8%) relative to the 2021 Census, when the population was recorded at 7,074 people. The adjustment is determined from the current 8,053 resident estimate calculated by AreaSearch using the ABS June 2025 ERP release alongside subsequent address validations. This population level yields a density of 2,013 persons per square kilometer, exceeding the typical figure for locations analyzed across the country by AreaSearch.

The 13.8% rate of expansion in the suburb of Parkville (Vic.) since the 2021 census was quicker than the state average of 9.3% and national benchmarks, indicating it is a primary growth area. Local population increases were almost entirely driven by incoming overseas migration, which served as the sole contributor to recent gains. Projections from the ABS and Geoscience Australia published in 2024 with a 2022 baseline are applied by AreaSearch for each SA2 region. In instances where SA2 details are unavailable, estimates rely on the 2023 Victoria State Government Regional/LGA projections, adjusted by allocating LGA-level growth down to SA2 zones through weighted averaging. The age-bracket growth trends derived from this method are extended for the years 2032 to 2041. Looking at upcoming demographic changes, the suburb of Parkville (Vic.) is projected to experience population growth above the national median, expanding by 1,659 residents by 2041 based on compiled SA2 figures, which represents a total increase of 20.6% over the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the suburb of Parkville?
Total population for the suburb of Parkville was estimated to be approximately 8,053 as at May 26. This is based upon an estimated resident population of 8,053 from the ABS up to June 2025.
How has the population in the suburb of Parkville changed since 2021?
The suburb of parkville has added approximately 979 people and shown a 13.84% increase from the 7,074 people recorded at the 2021 Census period.
What is the population density in the suburb of Parkville?
The population density in the suburb of Parkville is estimated at 2,013 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the suburb of Parkville?
Over the past 10 years, the population in the suburb of Parkville has shown a compound annual growth rate of 0.6% per annum.
What are the main drivers of population growth in the suburb of Parkville?
Population growth in the suburb of Parkville is driven by: Overseas migration (100.0%), Natural increase (0.0%), Interstate migration (0.0%). The primary driver is Overseas migration, contributing 100.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Parkville (Vic.)

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160 new dwellings have been approved in Parkville (Vic.) over the past five years, an average of 32 a year. That is 4.4 approvals per 1,000 residents. Of the 38 dwellings approved in the latest reporting year, 0% were detached houses and the rest townhouses or apartments. Few approvals have been recorded in the most recent months, well below the longer-run average; the latest ABS periods are still being reported. Figures come from ABS building approvals aggregated to this Suburb (SAL) boundary and are updated monthly as the ABS releases them.

Detail

According to AreaSearch's evaluation of ABS building permits distributed from regional statistical data, Parkville averages approximately 32 residential approvals annually, with an estimated total of 160 dwellings approved during the last 5 financial years from FY-21 to FY-25, and no approvals registered during FY-26 to date. Given the drop in population over the preceding timeframe, this pace of building activity has been relatively sufficient, which is positive for purchasers. Furthermore, commercial building approvals have reached $323.7 million during this financial year, showing robust development activity in the commercial sector. Additionally, all recent housing construction has consisted of multi-unit apartments or townhouses.

This shift toward higher-density options offers more attainable price points and is attractive to downsizers, property investors, and first-time buyers. Looking forward, the local population is expected to expand by 1,659 residents by 2041 according to the most recent quarterly projections from AreaSearch. Current building construction is keeping up with these growth forecasts, although home buyers may face increased competition as the local population increases.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the suburb of Parkville recently?
Dwelling approval activity in the the suburb of Parkville area has seen 0 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The suburb of Parkville's current population of 8,053 has been supported by 32 approvals on average over recent years.
How does the suburb of Parkville's development activity compare to the broader region?
The suburb of Parkville has seen 0.44 approvals per 100 people in recent years, compared to 0.9 approvals in the broader region. This means that one dwelling has been approved for every 0 people in the suburb of Parkville, compared to one for every 125 in the broader region.
Is the suburb of Parkville keeping up with housing demand?
With the population expected to increase by 1,659 people by 2041, around 553 new dwellings will be necessary. Recent approval levels may be insufficient to meet these forecasts, considering the census average of 3.0 persons per dwelling. This indicates potential housing shortages if current approval trends continue.
What has been the trend in development approvals over the past five years in the suburb of Parkville?
Looking at development activity over the past five years, the suburb of Parkville's approval levels have been significantly below the yearly average of 32, showing a notable downturn in recent development.
How many dwellings will be needed to accommodate future population growth in the suburb of Parkville?
The population in the suburb of Parkville is expected to grow by 1,659 people by 2041, necessitating approximately 553 new dwellings. This calculation is based on the current census average of 3.0 persons per dwelling in the area.
How does recent development compare to population growth in the suburb of Parkville?
Over the past five years, the population in the suburb of Parkville has grown by approximately 2,834 people, while 160 residential approvals were recorded. This equates to a ratio of 17.7 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the suburb of Parkville?
With dwelling approval activity running at an average of 32 approvals per year and a population of 8,053
Approvals Pipeline Development applications near Parkville (Vic.)

Development applications around Parkville (Vic.)

Development approvals is a new addition to AreaSearch. We’re actively expanding council coverage and refining the dataset — details and statuses for some councils may be partial. Check back regularly for the latest pipeline.
Application search is not available in Victoria. AreaSearch holds 20 applications for Parkville (Vic.), but they are a record of past activity rather than a current register. Victoria has no state-wide planning portal and its council coverage is uneven, so we have switched the search off here rather than return partial answers. We are currently investigating a solution. No credits are charged for Victorian applications, and building approvals from the ABS and the major projects we track are unaffected.

SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Parkville (Vic.)

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AreaSearch tracks 9 current infrastructure and development projects inside Parkville (Vic.), worth an estimated $2.98 billion. A further 141 sit in the immediately surrounding suburbs, taking the tracked pipeline within reach of the area to $37.4 billion. 44 are already under construction and 41 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and transport & logistics. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Local infrastructure updates, planning projects, and major developments have a significant impact on local performance. AreaSearch has identified 68 projects that are expected to affect the area. Notable examples include the Australian Institute for Infectious Disease (AIID), Parkville Quarter, the Parkside Parkville Residential Development, and the Royal Park Master Plan Review, with details of key projects listed below.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the suburb of Parkville?
Key infrastructure and planning changes likely to influence the suburb of Parkville include: Australian Institute for Infectious Disease (AIID) (Construction); Parkville Quarter (Construction); Parkside Parkville Residential Development (Construction); Royal Park Master Plan Review (Planning); and University of Melbourne Estate Master Plan (Construction). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the suburb of Parkville?
Infrastructure development impacting the suburb of Parkville spans multiple sectors including Residential Development, Communities, Precincts & Urban Renewal, and Health & Medical, among others.
What is the scale of infrastructure investment impacting the suburb of Parkville?
Infrastructure investment analysis indicates substantial capital deployment exceeding $8.4 billion in projects that will impact the extended area, with a notable concentration of investment within the immediate the suburb of Parkville vicinity.
How does the suburb of Parkville's infrastructure development compare to other areas?
The suburb of Parkville ranks in the top 10% nationally for infrastructure development, reflecting exceptional investment activity compared to similar areas across the country.
Parkside Parkville Residential Development
Category: Residential Development
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Mixed residential development by Frasers Property and Citta Property Group offering 1 and 2 bedroom apartments. Features Park Club amenities including gymnasium, pool, and communal spaces. Located adjacent to Royal Park with city skyline views.

Residential Development

Parkville Quarter
Category: Residential Development
Stage: Construction | Est. Comp: 2027

A masterplanned community delivering over 400 apartments and townhouses with landscaped gardens, a retail precinct, and access to Royal Park and the new Parkville Metro station. NOTE: this project could not be independently verified against any source and its details should be treated as unconfirmed.

Residential Development

Royal Park Master Plan Review
Category: Communities, Precincts & Urban Renewal
Stage: Planning | Est. Comp: 2026
Source / Links: Link 1   Link 2  

City of Melbourne is finalising the Royal Park Master Plan following extensive community consultation completed in 2024-2025. The updated plan will guide the long-term management of Melbourne's largest inner-city park, with priorities including biodiversity conservation, sustainable park design, improved accessibility, recreation, and integration of Wurundjeri Woi-wurrung cultural values and Caring for Country principles. A landscape architect has been engaged to refine the draft plan ahead of consideration by the Future Melbourne Committee.

Communities, Precincts & Urban Renewal

University of Melbourne Estate Master Plan
Category: Education & Training
Stage: Construction | Est. Comp: 2040
Source / Links: Link 1   Link 2  

A long-term vision (2023-2040) for the University's physical estate, focusing on the Parkville campus and the Melbourne Biomedical Precinct. Major active works include Stage 2 of the University Square Master Plan, which commenced construction in March 2026 to deliver 2500 sqm of new open space and 130 trees. The Fishermans Bend campus Stage 1, a world-class engineering and design super-hub, is progressing with facilities for the Faculty of Engineering and Information Technology. Other core initiatives include science and engineering facility upgrades and the expansion of the MDHS estate to support health workforce education.

Education & Training

Errol Street Private Hospital
Category: Health & Medical
Stage: Approved | Est. Comp: 2028
Source / Links: Link 1   Link 2  

A 10-story private hospital and healthcare facility located in the Parkville Biomedical Precinct. The development features 223 overnight beds, 10 ICU rooms, 7 operating theatres, and 3 basement levels. The project was fast-tracked via the Victorian Government Development Facilitation Program to enhance specialized medical services including imaging and pathology near existing major public hospitals.

Health & Medical

Bio21 Stage 3 - Molecular Science and Biotechnology Institute Expansion
Category: Science & Research
Stage: Completed | Est. Comp: 2020
Source / Links: Link 1   Link 2  

A major expansion of the University of Melbourne's Bio21 Institute, featuring the Nancy Millis Building (Stage 2B) and the Ruth Bishop Building (Stage 2C). The facility houses the CSL Global Hub for Research and Translational Medicine and the Ian Holmes Imaging Centre. It provides specialized PC2 and high-containment laboratories, advanced electron microscopy, and incubator space for commercial biotech startups within the Parkville Biomedical Precinct.

Science & Research

Younghusband Kensington
Category: Communities, Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2026
Source / Links: Link 1   Link 2  

Melbourne's largest carbon-neutral adaptive reuse precinct, transforming a 122-year-old woolstore into a 50,000 sqm office and retail destination. Stage 1 (Station and Stock Buildings) is fully leased as of early 2026, with retail tenants ONA Coffee and Cobb Lane opening in the first half of 2026. Stage 2 and 3 continue the expansion, including a silo-inspired office building and a public plaza, targeting a 6-star Green Star rating.

Communities, Precincts & Urban Renewal

Drummond House
Category: Residential Development
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   

13-storey fully electric residential building with 49 house-sized apartments targeting 8.7-star energy rating. Designed by Fender Katsalidis Architects with smart home technology, wellness amenities, and sustainable design features. Built by Balmain & Co with interiors by Sora Interior Architects.

Residential Development

Jobs & IndustryEmployment Trends in Parkville (Vic.)

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5,263 residents of Parkville (Vic.) are employed, from a labour force of 5,526. Unemployment sits at 4.7%, with participation at 72.0%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.9% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. The working-day population is estimated at 22,922, about 2.8 times the resident population, so the area draws in more workers than it sends out. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

The local area is characterized by a highly qualified workforce with a strong concentration of professionals, an unemployment rate of 4.7%, and an estimated 4.1% increase in employment over the prior year, based on regional statistics compiled by AreaSearch. As of March 2026, there are 5,263 employed residents, matching the 4.8% unemployment rate of Greater Melbourne, while labor force participation closely aligns with the Greater Melbourne average of 70.2%. Census records show that a significant 41.2% of residents performed their jobs from home, though this figure reflects the influence of COVID-19 restrictions.

The primary employment sectors for residents are education & training, accommodation & food, and professional & technical services. Accommodation & food is highly specialized here, representing an employment share 2.2 times higher than the regional average. Conversely, construction has a minimal presence, employing 3.7% of workers compared to 9.7% across the wider region. Hosting 4.4 jobs for every resident at the time of the Census, the area operates as a major employment center, importing workers from surrounding regions to fill its surplus roles. Based on AreaSearch processing of SALM and ABS statistics for the surrounding region, employment expanded by 4.1% over the 12-month period, while the workforce grew by 3.7%, resulting in a 0.3 percentage point drop in the unemployment rate. This outpaced Greater Melbourne, which saw employment grow by 2.1%, the workforce expand by 2.3%, and unemployment rise by 0.2 percentage points. Employment forecasts released by Jobs and Skills Australia in May-25 provide context for future local labor demand. These five and ten-year projections have been applied to the local workforce structure to model future growth. Nationwide employment is projected to grow by 6.6% over five years and 13.7% over ten years, with substantial variation across different industries. Mapping these industry trends directly to the local employment structure suggests employment here will grow by 6.9% over five years and 14.0% over ten years, representing a simple weighted model for illustration that does not incorporate local population forecasts.

Frequently Asked Questions - Employment

What is the employment situation in the suburb of Parkville?
As of March 2026, the suburb of Parkville has approximately 5,263 employed residents with an unemployment rate of 4.7%. This healthy unemployment rate suggests a well-functioning labour market. Employment indicators are below the national average, suggesting room for improvement.
How does the suburb of Parkville's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the suburb of Parkville stands at 4.7%, which is broadly in line with Greater Melbourne's rate of 4.8%. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the suburb of Parkville?
The employment landscape in the suburb of Parkville is dominated by several key sectors. The largest employers are education & training (16.8% of employment), accommodation & food (14.1%), and professional & technical (13.8%). Other significant employers include health care & social assistance and retail trade.
How has employment changed recently in the suburb of Parkville?
Over the past year to March 2026, the suburb of Parkville has experienced employment growth, with total employment increasing while the labour force increased. As a result, the unemployment rate has fall. By comparison, Greater Melbourne saw employment increased and its unemployment rate rose.
What is the workforce participation rate in the suburb of Parkville?
The workforce participation rate in the suburb of Parkville is 72.0%, which represents the proportion of working-age residents who are either employed or actively seeking work. This high participation rate indicates strong workforce engagement and economic vitality. The local rate leading the Greater Melbourne average of 70.2%, showing similar workforce dynamics to the broader region.
Which industries are over-represented in the suburb of Parkville's employment market?
The suburb of parkville shows notable specialization in accommodation & food, which employs 14.1% of the local workforce compared to 6.4% regionally. With a local vs regional employment ratio of 2.2, this represents a significant industry cluster that likely serves markets beyond the local area. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the suburb of Parkville?
Based on Jobs and Skills Australia projections applied to the suburb of Parkville's industry mix, employment is expected to grow by 6.9% over the next five years and 14.0% over ten years. This exceeds the national forecast of 6.6% over five years, suggesting the area's industry composition is well-positioned for future growth. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the suburb of Parkville compare nationally?
The suburb of parkville's employment market shows below-average performance in national comparisons. While employment opportunities exist, the area faces more challenges than many other regions. Recent job advertisement trends show the broader employment region saw a 8.9% decline, ranking 34.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the suburb of Parkville?
Skilled workers will find excellent opportunities in the suburb of Parkville, with knowledge-intensive sectors comprising 49.3% of local employment. Key sectors for skilled workers include education & training (16.8%), professional & technical (13.8%), and health care & social assistance (12.6%). With projected employment growth of 6.9% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Parkville (Vic.)

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Median household income in Parkville (Vic.) is $1,885 a week (about $98,000 a year), with median personal income at $586 a week. ATO records put median taxable income at $47,413 a year against an average of $81,299. The average runs 71% above the median, a wider spread than most areas and a sign of a concentrated group of high earners. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

Tax data from the ATO compiled by AreaSearch for financial year 2023 shows local incomes are among the highest in the country. The median income for local taxpayers is $47,413 and the average income is $81,299, compared to Greater Melbourne figures of $57,688 and $75,164 respectively. Adjusting for a Wage Price Index growth of 9.62% since financial year 2023, current estimates correspond to a median of $51,974 and an average of $89,120 as of March 2026. Individual weekly earnings from the 2021 Census are relatively low at the 10th percentile ($586 weekly), while household incomes are stronger at the 58th percentile.

Income brackets show 35.2% of the population (2,834 individuals) earning between $1,500 and $2,999, which is comparable to the Greater Melbourne share of 32.8%. While housing costs take up 17.6% of income, strong overall earnings keep disposable income at the 57th percentile, and the SEIFA index ranks the area in the 6th decile for income.

Frequently Asked Questions - Income

What is the median taxable income in the suburb of Parkville?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Parkville is approximately $51,974. The official ATO data from FY-23 recorded a median of $47,413.
What is the average taxable income in the suburb of Parkville?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Parkville is approximately $89,120. The official ATO data from FY-23 recorded an average of $81,299.
How does the median taxable income in the suburb of Parkville compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the suburb of Parkville is approximately $51,974 compared to $63,238 in Greater Melbourne. The official ATO data from FY-23 shows $47,413 and $57,688 respectively.
How does the average taxable income in the suburb of Parkville compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the suburb of Parkville is approximately $89,120 compared to $82,395 in Greater Melbourne. The official ATO data from FY-23 shows $81,299 and $75,164 respectively.
What are the main income cohorts in the suburb of Parkville according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~35.2% / 2,834 persons) of the suburb of Parkville's population is the $1,500 - 2,999 cohort.
How do the main income cohorts in the suburb of Parkville compare to the region?
The largest income cohort in the suburb of Parkville is the $1,500 - 2,999 group, representing about 35.2% of the population. In comparison, Greater Melbourne's largest income cohort is the $1,500 - 2,999 group, representing 32.8% of its population, according to the 2021 Census.
What is the median household income in the suburb of Parkville according to the 2021 Census?
The 2021 Census data indicates that the median household income in the suburb of Parkville is $1,885/wk.
What is the median family income in the suburb of Parkville according to the 2021 Census?
According to the 2021 Census, the median family income in the suburb of Parkville is $2,567/wk.
What is the median personal income in the suburb of Parkville according to the 2021 Census?
The 2021 Census shows that the median personal income in the suburb of Parkville is $586/wk.
How does the suburb of Parkville's income rank nationally?
According to AreaSearch's aggregation of the latest postcode level ATO data released for FY-23, the suburb of Parkville had a median income among taxpayers of $47,413 with the average level standing at $81,299. This is among the highest in Australia and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 9.62% since FY-23, current estimates would be approximately $51,974 (median) and $89,120 (average) as of March 2026.
What is the disposable income in the suburb of Parkville?
The estimated disposable income in the suburb of Parkville is $6,731 per year according to AreaSearch analysis.
How does the suburb of Parkville's disposable income compare to the region?
The suburb of parkville's disposable income is $6,731 compared to $6,948 for Greater Melbourne, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Parkville (Vic.)

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Parkville (Vic.) had 2,148 occupied dwellings at the 2021 Census, 2% detached houses and 62% apartments. 15% are owned with a mortgage, 67% rented and 19% owned outright. At that Census the median rent was $396 a week and the median mortgage repayment $2,000 a month, a total housing cost higher than 76% of areas nationally. Rent absorbs 21.0% of household income here and mortgage repayments 24.5%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

Residential property types in the area, recorded at the last Census, consisted of 2.2% standalone houses and 97.8% multi-unit dwellings like semi-detached homes and apartments, compared to 67.9% houses and 32.1% alternative dwellings across metropolitan Melbourne. The rate of home ownership was lower than the metropolitan Melbourne average at 18.8%, with the remaining properties occupied by households with a mortgage (14.8%) or tenants (66.5%). Median monthly mortgage costs of $2,000 matched the Melbourne metropolitan average, while median weekly rent was $396, compared to metropolitan Melbourne figures of $2,000 and $390.

On a national level, local mortgage costs exceed the Australian average of $1,863, and weekly rents are higher than the national benchmark of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the suburb of Parkville?
In the suburb of Parkville, 18.8% of homes are owned outright, 14.8% are owned with a mortgage, and 66.5% are rented.
What percentage of dwellings in the suburb of Parkville are houses?
According to the latest data, 2.2% of dwellings in the suburb of Parkville are houses.
What percentage of dwellings in the suburb of Parkville are apartments or units?
In the suburb of Parkville, 61.5% of dwellings are apartments or units, with an additional 36.1% being semi-detached dwellings.
What is the level of outright home ownership in the suburb of Parkville?
Outright home ownership in the suburb of Parkville stands at 18.8%, compared to 30.7% in Greater Melbourne.
What is the median monthly mortgage repayment in the suburb of Parkville?
The median monthly mortgage repayment in the suburb of Parkville is $2,000, compared to $2,000 in Greater Melbourne.
What is the median weekly rent in the suburb of Parkville?
The median weekly rent in the suburb of Parkville is $396, compared to $390 in Greater Melbourne.
What is the distribution of rental prices in the suburb of Parkville?
In the suburb of Parkville, 1.5% of rentals are $0-149/week, 29.9% are $150-349/week, 54.6% are $350-649/week, 9.0% are $650-949/week, and 5.0% are $950+/week.
What is the average monthly housing cost in the suburb of Parkville?
The aggregate monthly housing cost in the suburb of Parkville is $1,437, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the suburb of Parkville?
In the suburb of Parkville, households with mortgages typically spend 24.5% of their income on mortgage repayments, while renters spend 21.0% of their income on rent.
How crowded are homes in the suburb of Parkville?
The average persons per bedroom ratio in the suburb of Parkville is 1.0, indicating the level of household density.
How does housing affordability in the suburb of Parkville compare to the region?
Housing affordability in the suburb of Parkville shows mortgage holders spending 24.5% of income on repayments (vs 24.3% regionally), while renters spend 21.0% of income on rent (vs 20.5% regionally).
What types of dwellings are most common in the suburb of Parkville?
The dwelling mix in the suburb of Parkville consists of 2.2% detached houses, 36.1% semi-detached dwellings, 61.5% apartments, and 0.2% other dwelling types.
What is the weighted average housing cost based on tenure mix in the suburb of Parkville?
Based on the area's tenure composition, the weighted average monthly housing cost is approximately $1,436. This accounts for outright owners paying no housing costs, mortgage holders paying $2,000/month, and renters paying $1,715/month.
How affordable is housing in the suburb of Parkville relative to local incomes?
Housing in Parkville consumes approximately 17.6% of median household income ($8,162 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the suburb of Parkville?
No recent development applications are recorded for this area.

HouseholdsHousehold Composition in Parkville (Vic.)

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Parkville (Vic.) counted 2,148 households at the 2021 Census, an estimated 2,445 today, averaging 2.1 people each. 15% are couples with children, fewer than in 95% of areas nationally, against 26% couples without children. 36% of households are people living alone, and families average 0.5 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Families make up 47.7% of local households, consisting of couples with children (14.5%), couples without children (25.9%), and single parent households (5.4%). Non-family households represent the remaining 52.3% of the total, with single person households accounting for 36.2% and share houses making up 16.0%. The median household size of 2.1 occupants is lower than the Greater Melbourne average of 2.6.

Frequently Asked Questions - Households

How many households are in the suburb of Parkville?
As of the 2021 Census, the suburb of Parkville had 2,148 households. Based on population growth patterns, this has grown by approximately 13.8% to an estimated 2,445 households today.
What is the typical household size?
The median household size in the suburb of Parkville is 2.1 people. This compares to 2.6 in Greater Melbourne and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 47.7% of all households. The remaining households consist of lone person households (36.2%), group households (16.0%), and other household types (0.1%).
How are families structured in the area?
Among the 1,024 family households, 14.5% are couples with children, 25.9% are couples without children at home, and 5.4% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the suburb of Parkville compare to regional household patterns?
Compared to Greater Melbourne, the suburb of Parkville shows distinct household patterns. Group households are notably over-represented at 16.0% (versus 4.3% regionally). Conversely, family households are under-represented at 47.7% compared to the regional 70.9%. The prevalence of shared households suggests a younger demographic or affordability considerations.
What is the average family size?
Families in the suburb of Parkville have an average of 0.5 children, slightly below the Greater Melbourne average of 1.4. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the suburb of Parkville?
Marriage patterns reveal 19.9% of the adult population are currently married, while 72.3% have never married. This compares to 47.0% married and 38.0% never married across Greater Melbourne.
How significant are single-person households?
Single-person households represent 36.2% of all households in the suburb of Parkville, higher than the regional average of 24.8%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 16.0% of households, well below the Greater Melbourne average of 4.3%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Parkville (Vic.)

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51.2% of adults in Parkville (Vic.) hold a university qualification, including 27.9% with a bachelor degree and 20.4% with postgraduate qualifications. A further 5.8% hold a vocational qualification. 6 schools serve the area, with 1,915 enrolment places and an average ICSEA of 1,121 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Educational levels in the area are significantly higher than regional and national averages, with 51.2% of residents aged 15+ holding a tertiary degree, compared to 30.4% nationally and 33.4% across Victoria. This concentration of qualifications supports strong participation in knowledge-based industries. Bachelor degrees are held by 27.9% of residents, followed by postgraduate degrees at 20.4% and graduate diplomas at 2.9%. Vocational and technical qualifications make up 11.3% of credentials for those aged 15 and over, comprising advanced diplomas (5.5%) and certificates (5.8%). A high proportion of residents participate in education, with 51.8% currently enrolled in study.

This includes 41.4% studying at the tertiary level, 3.2% in secondary schools, and 2.9% in primary education.

Frequently Asked Questions - Education

What percentage of people in the suburb of Parkville have university qualifications?
51.2% of people aged 15 and over in the suburb of Parkville have university qualifications, compared to 37.0% in the broader region.
What percentage of people in the suburb of Parkville have no formal qualifications?
37.4% of people aged 15 and over in the suburb of Parkville have no formal qualifications, compared to 35.2% regionally.
How does the suburb of Parkville's education level compare to national averages?
The suburb of parkville ranks in the 73th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the suburb of Parkville?
The most common qualifications in the suburb of Parkville are: Bachelor Degree (27.9%), Postgraduate (20.4%), Certificate (5.8%).
What proportion of the suburb of Parkville's population is currently attending educational institutions?
51.8% of the population in the suburb of Parkville is currently engaged in formal education, with 2.9% in primary school, 3.2% in secondary school, 41.4% at university.
What is the ICSEA score for schools in the suburb of Parkville?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the suburb of Parkville is 1121, indicating above-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the suburb of Parkville?
There are 6 schools within the suburb of Parkville, with a combined enrollment of approximately 1,915 students.
What types of schools are available in the suburb of Parkville?
The suburb of parkville includes 6 secondary schools.

Schools Detail

AmenitiesServices & Amenities in Parkville (Vic.)

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Getting AroundTransport & Commuting in Parkville (Vic.)

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Public transport in Parkville (Vic.) reaches 50 stops on 20 routes, timetabled for about 25,300 services a week. The typical home sits about 150 m from its nearest stop. Trams carry the largest share of public transport commuters. Households keep an average of 0.6 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

Analysis of local transit indicates there are 50 public transport stops within the suburb of Parkville (Vic.), including bus and lightrail options. These stops host 20 distinct transit routes, which support 25,302 weekly passenger trips. Transport access is very strong, with residents living an average of 148 meters from their nearest stop. The area is primarily residential, and most workers commute to outer areas. Private cars are the main commuting method at 43%, followed by walking at 18% and trains at 9%. Vehicle ownership is low, averaging 0.6 cars per household, which is below the regional average.

A high proportion of residents (41.2%) worked from home, according to the 2021 Census, which may have been influenced by COVID-19 rules. Transit routes average 3,614 services daily, which translates to approximately 506 weekly services at each individual stop.

Frequently Asked Questions - Transport

How many public transport stops are in Parkville (Vic.)?
There are 50 public transport stops within the suburb of Parkville.
How frequent are the transport services in Parkville (Vic.)?
the suburb of Parkville has 25,302 weekly trips across 20 routes, averaging 3,614 trips per day.
How far are residents from public transport in Parkville (Vic.)?
On average, residential properties are 148 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Parkville (Vic.)

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72.0% of residents in Parkville (Vic.) report no long-term health condition. 3.9% need daily assistance with core activities, and 58.9% hold private health cover. The standardised death rate runs at 5.6 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Local health outcomes are comparable to national averages according to AreaSearch analysis of mortality and chronic disease data, with common medical conditions occurring at standard rates, though older groups show slightly higher rates than the national average. Private health insurance coverage is high at approximately 59% of the population (4,743 people), compared to 56.7% for Greater Melbourne. Psychological health conditions and asthma are the most prevalent diagnoses, affecting 12.0% and 8.7% of residents respectively. Conversely, 72.0% of the population reported no chronic health issues, compared to 72.6% in Greater Melbourne.

The working-age population is healthy with low rates of chronic illness. Residents aged 65 and over make up 8.1% of the population (652 people), below the Greater Melbourne share of 15.0%. Older residents experience some health challenges, with local seniors ranking lower nationally for health outcomes than the general population.

Frequently Asked Questions - Health

How many people in the suburb of Parkville have private health insurance?
Around 58.9% of people in the suburb of Parkville are covered by private health insurance, which compares to 56.7% in the broader region of Greater Melbourne.
What percentage of the population requires ongoing medical assistance in the suburb of Parkville?
In the suburb of Parkville, 3.9% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 5.5% of people in Greater Melbourne require similar assistance.
How prevalent is asthma in the suburb of Parkville?
8.7% of people in the suburb of Parkville are diagnosed with asthma. In comparison, 7.3% of the population across Greater Melbourne is affected by asthma.
What percentage of people have diabetes in the suburb of Parkville?
Diabetes affects 2.1% of the the suburb of Parkville population, while in the surrounding region, 4.1% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the suburb of Parkville?
2.0% of people in the suburb of Parkville have heart disease. Across the region of Greater Melbourne, 3.1% of the population is affected by heart disease.
How does the suburb of Parkville compare to the region in terms of overall private health coverage?
In the suburb of Parkville, 58.9% of the population are estimated to have private health insurance. Comparatively, Greater Melbourne sees an estimated private health coverage rate of 56.7%.

Ancestry & LanguageCultural Diversity in Parkville (Vic.)

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39.2% of Parkville (Vic.) residents were born overseas and 30.2% speak a language other than English at home, more culturally diverse than 79% of areas nationally. The largest reported ancestries are English (21.1%) and Australian (17.9%). Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

The local area has a high level of cultural diversity, with 30.2% of residents speaking a non-English language at home and 39.2% born in another country. Christianity is the most common religious affiliation at 28.6% of residents. Judaism represents 0.4% of the population, showing an overrepresentation relative to the Greater Melbourne average of 1.0%. Looking at parent countries of birth, the top ancestral groups are English (21.1%), Australian (17.9%), and Other (12.7%). Specific ethnic background variations include Hungarian ancestry at 0.4% (compared to 0.3% regionally), Chinese ancestry at 9.5% (compared to 6.5% regionally), and Korean ancestry at 0.7% (compared to 0.3% regionally).

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the suburb of Parkville?
Parkville scores quite highly on cultural diversity, with 30.2% of its population speaking a language other than English at home and 39.2% born overseas.
What is the most common religion in the suburb of Parkville?
The main religion in Parkville was found to be Christianity, which makes up 28.6% of people in Parkville. However, the most apparent overrepresentation was in Judaism, which comprises 0.4% of the population, compared to 1.0% across Greater Melbourne.
What are the top countries of origin in the suburb of Parkville?
In terms of ancestry (country of birth of parents), the top three represented groups in Parkville are English, comprising 21.1% of the population, Australian, comprising 17.9% of the population, and Other, comprising 12.7% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Hungarian is notably overrepresented at 0.4% of Parkville (vs 0.3% regionally), Chinese at 9.5% (vs 6.5%) and Korean at 0.7% (vs 0.3%).
How does the percentage of people born overseas compare to the regional average?
39.2% of the the suburb of Parkville population was born overseas, compared to 37.3% regionally.
What percentage of the the suburb of Parkville population speaks a language other than English at home?
30.2% of the population in the suburb of Parkville speaks a language other than English at home, compared to 35.9% in the wider region.
How many people in the suburb of Parkville identify as Australian Aboriginal?
1.0% of the the suburb of Parkville population identifies as Australian Aboriginal, compared to 0.5% in the region.
What is the citizenship status of the population in the suburb of Parkville?
74.7% of the the suburb of Parkville population holds citizenship, compared to 81.1% in the wider region.

Age StructureAge Profile of Parkville (Vic.)

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The median resident of Parkville (Vic.) is 24, younger than 100% of areas nationally. That is 2 years younger than at the 2021 Census. 67.4% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

The median age in the suburb of Parkville (Vic.) is 24 years, which is lower than the Greater Melbourne average of 37 and the national average of 38. Compared to Greater Melbourne, the suburb of Parkville (Vic.) has a higher proportion of young people aged 15 - 24 (44.3%) and a lower proportion of children aged 5 - 14 (2.8%). The concentration of residents aged 15 - 24 is higher than the national average of 12.7%. Since the 2021 Census, a growing number of younger residents has lowered the median age by 2.2 years to 24.

The 15 to 24 age bracket increased from 39.0% to 44.3% of the population, while the 5 to 14 bracket fell from 4.1% to 2.8% and the 65 to 74 bracket declined from 4.5% to 3.4%. By 2041, the demographic profile is projected to change, led by a 24% increase (442 people) in the 25 to 34 age bracket, rising from 1,860 to 2,303.

Frequently Asked Questions - Age

What is the median age in the suburb of Parkville?
According to the latest data, the median age in the suburb of Parkville is 24 years.
How does the suburb of Parkville's median age compare to broader areas?
At 24 years, Parkville is 13 years younger than the Greater Melbourne average (37 years) and 14 years younger than the national average (38 years).
What age groups are over-represented in the suburb of Parkville?
The most over-represented age group in the suburb of Parkville compared to the Greater Melbourne region is the 15 - 24 group, making up 44.3% of the population.
What age groups are under-represented in the suburb of Parkville?
The most under-represented age group in the suburb of Parkville compared to the Greater Melbourne region is the 5 - 14 group, making up 2.8% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the suburb of Parkville show significant variance compared to the Greater Melbourne region. The most over-represented age groups are 15-24 year-olds (44.3% vs 13.1%) and 25-34 year-olds (23.1% vs 16.5%). The most under-represented age groups are 5-14 year-olds (2.8% vs 11.9%) and 0-4 year-olds (1.8% vs 5.6%).
What is the percentage of children (0-14 years) in the suburb of Parkville?
The percentage of children aged 0-14 years in the suburb of Parkville is 4.6%.
What is the percentage of older people (65+ years) in the suburb of Parkville?
The percentage of people aged 65 and over in the suburb of Parkville is 8.1%.

Data & MethodBoundaries, Sources & Method for Parkville (Vic.)

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the Suburb (SAL) boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, State agencies, Local governments Daily Aug 2026 this month all 9 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated Aug 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data. The headline figure is therefore a current estimate for May 2026, not a 2021 count (7,074 at the 2021 Census → 8,053 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (SAL22038). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

How do Parkville (Vic.) suburb boundaries differ from Statistical Areas?
This page uses Suburbs and Localities (SAL) boundaries (suburb-style geography). SAL represents commonly-known suburb names used in addresses, while Statistical Areas (SA2) are designed for census/statistical reporting. Even when sharing the same name, SAL and SA2 boundaries often cover different geographic areas with different populations.
Where does the data on this Parkville (Vic.) page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Parkville (Vic.) data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (Aug 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

Nearby Areas