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Sales Activity
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Population
Pascoe Vale lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
As of November 2025, the estimated population of Pascoe Vale is around 19,570. This figure reflects an increase of 1,399 people since the 2021 Census, which reported a population of 18,171. The change is inferred from AreaSearch's estimate of the resident population at 19,466 in June 2024, based on ABS ERP data, and an additional 234 validated new addresses since the Census date. This results in a population density ratio of 3,929 persons per square kilometer, placing Pascoe Vale in the top 10% of national locations assessed by AreaSearch. The suburb's growth rate of 7.7% since the Census is within 1.2 percentage points of the national average (8.9%). Population growth was primarily driven by overseas migration, contributing approximately 73.0% of overall population gains during recent periods.
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 employs VIC State Government's Regional/LGA projections from 2023, adjusted using a weighted aggregation method to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. According to these projections, Pascoe Vale is expected to experience exceptional growth, increasing by 9,513 persons to 2041, reflecting a total increase of 48.0% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Pascoe Vale among the top 25% of areas assessed nationwide
AreaSearch analysis of ABS building approval numbers in Pascoe Vale shows an average of around 143 new dwelling approvals annually over the past 5 financial years, totalling an estimated 717 homes. As of FY26, 44 approvals have been recorded. The average number of new residents per year per dwelling constructed over these years is 0.8. Commercial development approvals in FY26 total $1.1 million.
Building activity shows 23.0% detached dwellings and 77.0% attached dwellings, a shift from the current housing pattern of 48.0% houses. Pascoe Vale has around 116 people per dwelling approval, indicating growth characteristics. AreaSearch projects Pascoe Vale to add 9,404 residents by 2041.
Future projections show Pascoe Vale adding 9,404 residents by 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.
Frequently Asked Questions - Development
Infrastructure
Pascoe Vale has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 18 projects that may affect the region. Notable initiatives include Coburg Health and Community Services Precinct, 299 Pascoe Vale Road Mixed-Use Development, Assembly Broadmeadows, and Oak Park Sports and Aquatic Centre Redevelopment. The following list details those most relevant.
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Frequently Asked Questions - Infrastructure
Coburg Health and Community Services Precinct
A comprehensive campus-style health and community services hub delivered by Coburg Health Hub Pty Ltd. It will include community health services, aged care/retirement living, childcare/early learning, a private hospital, a medical centre, and mental health facilities. Over 50% of services will be provided by not-for-profit and community providers such as Merri Health. The project requires the refurbishment of the heritage-listed Bluestone Cottage complex, which will be retained by Merri-bek Council, and the creation of a new historic garden.
Assembly Broadmeadows
Redevelopment of the former Ford Broadmeadows manufacturing site into a large-scale mixed-use industrial and commercial precinct. Includes advanced manufacturing, logistics and warehousing facilities, office spaces, convenience retail, supermarket, gym, childcare, and a hotel. Features a 14 MW on-site renewable energy system and is expected to create approximately 5,000 jobs.
Coburg North Village and Lincoln Mills Redevelopment
Redevelopment of the former Lincoln Mills industrial site into the Coburg North Village neighbourhood shopping centre and adjoining homemaker and bulky goods precinct. The project has delivered a Coles anchored retail centre with specialty shops, medical and health services, and improved pedestrian links to Batman Station, Coburg Lake Reserve and the Upfield shared path.
Oak Park Sports and Aquatic Centre Redevelopment
Major $42.5 million redevelopment of the existing Oak Park Sports and Aquatic Centre including a new 25m indoor pool, learn-to-swim pool, warm water program pool, spa/sauna/steam facilities, expanded gym, and multi-purpose community spaces.
299 Pascoe Vale Road Mixed-Use Development
Multi-stage mixed-use development embracing the 20-minute neighbourhood concept. Stage 1 includes 6-storey mixed-use building with 25,000sqm retail, supermarkets, cinema, entertainment facilities, premium gym, medical centre, veterinary centre, childcare centre, and 20,000sqm car parking. Stage 2 features 2 residential buildings ranging from 7 storeys facing Pascoe Vale Road to 11 storeys facing rail corridor. The development includes green plaza, sustainable elements like solar PV, rainwater harvesting, and EV charging stations.
M-City 2 - Oak Park
Large-scale mixed-use precinct by Schiavello Group featuring up to 650 apartments across multiple buildings, ground-floor retail and hospitality, and significant public realm improvements directly opposite Oak Park Station.
Napier Park Masterplan and Community Hub
Program of works to protect and enhance Napier Park's heritage Plains Grassy Woodland and improve local community facilities in the Loeman Street precinct. Recent stages have focused on stormwater harvesting and a new vegetated swale to support the river red gums and improve water quality before flows reach Five Mile Creek and Moonee Ponds Creek. Future stages are expected to deliver further landscape upgrades, paths and open space improvements that support a future community hub and early years facilities for nearby families.
Pascoe Vale Primary School Upgrade - Gymnasium
Construction of a new competition-grade gymnasium and sports precinct, including landscaping, a new playground, and associated infrastructure works as part of the school's modernisation program.
Employment
Employment conditions in Pascoe Vale demonstrate strong performance, ranking among the top 35% of areas assessed nationally
Pascoe Vale has a highly educated workforce with professional services well represented. Its unemployment rate was 3.1% in the past year, with an estimated employment growth of 4.2%.
As of June 2025, 11,979 residents were employed, with an unemployment rate of 1.5% below Greater Melbourne's rate of 4.6%, and workforce participation at 68.1%. Leading industries include health care & social assistance, professional & technical services, and education & training. The area shows strong specialization in public administration & safety, with an employment share 1.4 times the regional level. Retail trade employs only 8.2% of local workers, below Greater Melbourne's 9.8%.
Employment opportunities appear limited locally, as indicated by Census data comparing working population to resident population. Over a 12-month period ending Sep-22, employment increased by 4.2%, labour force by 4.4%, and unemployment rose by 0.2 percentage points. In contrast, Greater Melbourne experienced employment growth of 3.5% and labour force growth of 4.0%, with a 0.5 percentage point rise in unemployment. National employment forecasts from Jobs and Skills Australia project national employment to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Pascoe Vale's employment mix suggests local employment should increase by 6.8% over five years and 13.9% over ten years, though this is a simple weighting extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Pascoe Vale's median income among taxpayers was $61,938 in financial year 2022. The average income stood at $75,360 during the same period. These figures compare to Greater Melbourne's median and average incomes of $54,892 and $73,761 respectively. Based on a Wage Price Index growth rate of 12.16% since financial year 2022, estimated current median income is approximately $69,470, and the average is around $84,524 as of September 2025. According to Census 2021 data, incomes in Pascoe Vale cluster around the 71st percentile nationally. The predominant income cohort spans 34.0% of locals (6,653 people), falling within the $1,500 - 2,999 category. This aligns with the broader area where this cohort represents 32.8%. High housing costs consume 15.5% of income in Pascoe Vale. Despite this, strong earnings place disposable income at the 67th percentile nationally. The area's SEIFA income ranking places it in the 7th decile.
Frequently Asked Questions - Income
Housing
Pascoe Vale displays a diverse mix of dwelling types, with above-average rates of outright home ownership
Pascoe Vale's housing composition, as per the latest Census, was 47.9% houses and 52.0% other dwellings (semi-detached, apartments, 'other' dwellings). Home ownership in Pascoe Vale stood at 29.1%, with mortgaged properties at 35.2% and rented dwellings at 35.7%. The median monthly mortgage repayment was $2,100, and the median weekly rent was $400. Nationally, Pascoe Vale's mortgage repayments were higher than the Australian average of $1,863, while rents exceeded the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Pascoe Vale features high concentrations of group households, with a median household size of 2.4 people
Family households constitute 67.4% of all households, including 31.3% couples with children, 24.7% couples without children, and 9.9% single parent families. Non-family households comprise the remaining 32.6%, with lone person households at 28.0% and group households making up 4.6%. The median household size is 2.4 people.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Pascoe Vale exceeds national averages, with above-average qualification levels and academic performance metrics
Educational attainment in Pascoe Vale is notably high, with 40.8% of residents aged 15 years and above holding university qualifications. This compares favourably to the national average of 30.4% and Victoria's average of 33.4%. Bachelor degrees are the most common at 26.6%, followed by postgraduate qualifications (10.3%) and graduate diplomas (3.9%). Vocational credentials are also prevalent, with 27.0% of residents aged 15 years and above holding such qualifications - advanced diplomas comprise 11.1% and certificates make up 15.9%.
Educational participation is high in the area, with 29.0% of residents currently enrolled in formal education. This includes 8.9% in primary education, 6.5% in tertiary education, and 6.3% pursuing secondary education. Pascoe Vale has five schools with a combined enrollment of 2,401 students as of the latest data. The area's schooling conditions are typical for Australia (ICSEA: 1044), offering balanced educational opportunities. Educational provision is balanced with four primary and one secondary school serving distinct age groups.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Pascoe Vale has 71 active public transport stops operating within its boundaries. These stops offer a mix of train and bus services, with 8 individual routes in total. The combined weekly passenger trips across these routes amount to 6,100.
Residents enjoy excellent transport accessibility, with an average distance of 177 meters to the nearest stop. The service frequency is high, with an average of 871 trips per day across all routes, equating to approximately 85 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Pascoe Vale is notably higher than the national average with prevalence of common health conditions low among the general population though higher than the nation's average across older, at risk cohorts
Pascoe Vale shows better-than-average health outcomes with lower prevalence of common conditions among its general population compared to national averages.
However, older, at-risk cohorts have higher prevalence rates. Approximately 57% (~11,072 people) of Pascoe Vale's population has private health cover. Mental health issues and asthma are the most prevalent medical conditions in the area, affecting 8.0% and 7.7% of residents respectively. 72.0% of residents report being completely free from medical ailments compared to 0% across Greater Melbourne. The area has 13.8% (2,700 people) of residents aged 65 and over. Health outcomes among seniors require more attention than those in the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Pascoe Vale is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Pascoe Vale has a high level of cultural diversity, with 32.0% of its population born overseas and 35.0% speaking a language other than English at home. Christianity is the predominant religion in Pascoe Vale, making up 48.6% of people. Islam is overrepresented in Pascoe Vale compared to Greater Melbourne, comprising 8.1% of the population.
The top three ancestry groups are Australian (16.9%), English (16.5%), and Italian (14.6%). Notably, Greek (4.6%), Lebanese (2.5%), and Maltese (1.6%) ethnic groups are overrepresented in Pascoe Vale compared to regional averages.
Frequently Asked Questions - Diversity
Age
Pascoe Vale's population is slightly younger than the national pattern
Pascoe Vale's median age is 36 years, nearly matching Greater Melbourne's average of 37. This is modestly under the Australian median of 38. Relative to Greater Melbourne, Pascoe Vale has a higher concentration of 35-44 residents at 18.4%, but fewer 15-24 year-olds at 10.4%. Between the 2021 Census and now, the 35-44 age group has grown from 17.2% to 18.4% of Pascoe Vale's population. Conversely, the 25-34 cohort has declined from 19.2% to 18.4%. By 2041, demographic modeling suggests Pascoe Vale's age profile will evolve significantly. The 45-54 cohort is projected to grow by 69%, adding 1,622 residents to reach a total of 3,971.