Chart Color Schemes
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.
est. as @ -- *
2021 Census | -- people
Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
Find a Recent Sale
Sales Detail
Population
An assessment of population growth drivers in Spring Gully reveals an overall ranking slightly below national averages considering recent, and medium term trends
As of Nov 2025, the estimated population for the Spring Gully (Vic.) statistical area (Lv2) is around 3,124 people. This figure reflects a 1.0% increase from the 2021 Census population count of 3,092 people. The change was inferred from AreaSearch's estimation of the resident population at 3,110 following examination of ABS's ERP data release in June 2024, along with validation of two new addresses since the Census date. This results in a population density ratio of 398 persons per square kilometer. Overseas migration contributed approximately 77.0% of overall population gains during recent periods.
AreaSearch is utilising ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered, they employ the 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, the Spring Gully (Vic.) (SA2) is projected to experience above median population growth in Australian non-metropolitan areas. By 2041, it is expected to grow by 618 persons, reflecting a total gain of 19.1% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development drivers sees a low level of activity in Spring Gully, placing the area among the bottom 25% of areas assessed nationally
Spring Gully has seen minimal construction activity in recent years. Specifically, three new dwellings were approved annually over the past five years, totalling 15 approvals during this period. This low level of development is typical of rural areas where housing needs are modest and construction activity is limited by local demand and infrastructure capacity.
It should be noted that with such low approval numbers, yearly growth figures can vary considerably based on individual projects. Compared to other regions, Spring Gully has substantially lower development levels than the rest of Victoria. This activity level also falls below national patterns. The type of new building activity in Spring Gully consists of 33.0% detached houses and 67.0% medium and high-density housing. This focus on higher-density living creates more affordable entry points, appealing to downsizers, investors, and first-home buyers. This represents a significant shift from the current housing mix, which is predominantly composed of houses (88.0%).
The change reflects reduced availability of development sites and addresses shifting lifestyle demands and affordability requirements. Currently, there are an estimated 562 people in the area for each dwelling approval, reflecting its quiet, low activity development environment. According to the latest AreaSearch quarterly estimate, Spring Gully is projected to add 598 residents by 2041 if current development rates continue. However, housing supply may not keep pace with population growth under these conditions, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Spring Gully has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
Infrastructure changes significantly influence local performance. Four projects identified by AreaSearch may impact the area. Key projects are Regional Housing Fund (Victoria), Flora Hill Housing Development, Kennington Reservoir Dam Wall Rehabilitation.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.
Frequently Asked Questions - Infrastructure
Victoria to NSW Interconnector West (VNI West)
VNI West is a proposed 500 kV double circuit transmission line connecting the high-voltage grids of Victoria and New South Wales. The project aims to improve grid reliability, support the transition to renewable energy by connecting Renewable Energy Zones, and maintain supply as coal-fired plants retire. The NSW section is under assessment following its Environmental Impact Statement (EIS) exhibition in late 2025, while the Victorian section is currently undergoing an Environment Effects Statement (EES) with public exhibition expected in late 2026.
Water and Sewer Network Program
A major 10-year plus program valued at $100 million in its first phase to renew and upgrade critical water and sewer pipes and pumps across the Coliban Water region. Key 2026 milestones include the commencement of works in Cohuna and continued progress on the 11-kilometre Maiden Gully to Marong water pipeline, which is over 60% complete. The program focuses on replacing ageing goldrush-era infrastructure with modern assets to support population growth in areas like Epsom, Huntly, and Marong while ensuring climate resilience.
Greater Bendigo Managed Growth Strategy Implementation
A long-term strategic framework adopted by the City of Greater Bendigo in September 2024 to manage residential growth through 2056. The strategy plans for approximately 38,000 new dwellings to accommodate 87,000 additional residents. Key objectives include directing 70% of new housing to established infill areas to improve climate resilience, protecting environmental assets, and increasing housing diversity near transport corridors and activity centers. Implementation involves Planning Scheme Amendment C287gben to codify these growth boundaries and character areas.
Victorian Renewable Energy Zones
VicGrid is coordinating the staged development of six onshore Renewable Energy Zones (REZs) and a Gippsland Shoreline zone. The 2025 Victorian Transmission Plan identifies indicative REZ locations and the nearly 800km of transmission upgrades required to connect 25GW of new wind, solar, and storage by 2035. The plan balances infrastructure needs with impacts on agriculture, Traditional Owners, and the environment. Formal declaration of the first five zones is anticipated in early 2026, followed by a competitive access regime for developers.
Bendigo and Echuca Line Upgrade - Electronic Train Order (ETO) System
Delivery of a modernised electronic train order (ETO) system on the Bendigo regional network, covering the corridors to Swan Hill and Echuca. The ETO system enables additional services to Epsom and Eaglehawk and supports tripled weekday services between Bendigo and Echuca, along with faster, more reliable journeys.
Axedale Solar Farm
A hybrid 140 MW solar PV and 50 MW/100 MWh battery energy storage system project located 20 km east of Bendigo in Victoria. The project utilizes state-of-the-art solar photovoltaic panels that track the sun, reducing emissions by 200,000 tonnes of CO2 per year, creating up to 150 construction jobs and 5 ongoing local jobs, with potential for sheep grazing during operation.
Flora Hill Housing Development
Development Victoria is delivering a new residential neighborhood at the former Bendigo Teachers College site in Flora Hill. Around 160+ homes are planned with a minimum 10% affordable housing, and the heritage-listed Eumana House will be retained and integrated into the community. Early works (site hoarding, vegetation removal as required, investigation and remediation, and demolition of pavements/hardstand) commenced in July 2025. A ministerial application seeks subdivision for 171 residential lots under the Development Facilitation Program.
Flora Hill
Development Victoria is delivering approximately 160 new homes at 2 Osborne Street, Flora Hill, Bendigo, to address housing needs in the growing regional center. The project includes a mix of lot sizes and dwelling types, with around 56 social and affordable homes representing approximately 35% of the development. Early works commenced in July 2025, including site preparation, remediation, vegetation removal, and installation of essential infrastructure such as electricity, gas and roads. The historic Eumana House, built in 1904 and designated as a place of local heritage significance, will be retained and incorporated into the new residential community. Construction of homes is expected to begin in 2027, with staged completion anticipated by 2030. The project is delivered in partnership with City of Greater Bendigo, Homes Victoria, and the Dja Dja Wurrung Clans Aboriginal Corporation (DJAARA), with all early works contractors being local and regional businesses, including Traditional Owner enterprises, supporting local jobs and the regional economy.
Employment
The employment environment in Spring Gully shows above-average strength when compared nationally
Spring Gully has an educated workforce with significant representation in essential services sectors. Its unemployment rate was 2.7% as of September 2025, lower than the Rest of Vic.'s rate of 3.8%.
Employment growth over the past year was estimated at 2.7%. There are 1,543 residents employed currently, with workforce participation similar to Rest of Vic.'s 57.4%. Leading industries include health care & social assistance, education & training, and retail trade. The area specializes in education & training, with an employment share 1.6 times the regional level, but has limited presence in agriculture, forestry & fishing at 0.6% compared to the regional 7.5%.
Employment opportunities locally may be limited based on Census data comparison of working population versus resident population. Over the year ending September 2025, employment increased by 2.7%, while labour force also grew by 2.7%, keeping unemployment relatively stable at 1.0% below Rest of Vic.'s rate. By contrast, Rest of Vic. saw employment decline by 0.7%. State-level data to 25-Nov-25 shows VIC employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%, compared to the national rate of 4.3%. Jobs and Skills Australia projects national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Spring Gully's employment mix suggests local employment should increase by 6.8% over five years and 14.2% over ten years, assuming constant population projections for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
The suburb of Spring Gully has an income level slightly above the national average, according to the latest Australian Taxation Office (ATO) data aggregated by AreaSearch for the financial year 2023. The median income among taxpayers in Spring Gully is $52,774, while the average income stands at $69,029. These figures compare to those of Rest of Vic., which are $50,954 and $62,728 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Spring Gully would be approximately $57,128 (median) and $74,724 (average) as of September 2025. According to the 2021 Census figures, household, family, and personal incomes in Spring Gully all rank modestly, between the 37th and 48th percentiles. The earnings profile shows that the predominant cohort spans 33.8% of locals (1,055 people) with incomes in the $1,500 - 2,999 category, reflecting patterns seen in the surrounding region where 30.3% similarly occupy this range. Housing costs are manageable with 88.1% retained, though disposable income sits below average at the 43rd percentile and the area's Socio-Economic Indexes for Areas (SEIFA) income ranking places it in the 6th decile.
Frequently Asked Questions - Income
Housing
Spring Gully is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
In Spring Gully, as per the latest Census evaluation, 88.5% of dwellings were houses with 11.4% being other types such as semi-detached homes, apartments, and 'other' dwellings. This compares to Non-Metro Vic.'s 90.6% houses and 9.4% other dwellings. Home ownership in Spring Gully stood at 42.6%, with mortgaged dwellings at 35.9% and rented ones at 21.5%. The median monthly mortgage repayment was $1,454, higher than Non-Metro Vic.'s average of $1,408. The median weekly rent in Spring Gully was $290 compared to Non-Metro Vic.'s $295. Nationally, Spring Gully's mortgage repayments were lower at $1,454 versus Australia's average of $1,863, and rents were substantially lower at $290 compared to the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Spring Gully features high concentrations of lone person households, with a lower-than-average median household size
Family households account for 63.8% of all households, including 25.5% couples with children, 27.0% couples without children, and 10.7% single parent families. Non-family households constitute the remaining 36.2%, with lone person households at 33.5% and group households comprising 2.6%. The median household size is 2.3 people, which is smaller than the Rest of Vic. average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Spring Gully exceeds national averages, with above-average qualification levels and academic performance metrics
Spring Gully's educational attainment is notably high, with 31.8% of residents aged 15 and above holding university qualifications, compared to the broader benchmarks of 21.7% in Rest of Vic. and 23.6% in the SA3 area. The area's strong educational advantage positions it well for knowledge-based opportunities. Bachelor degrees are most prevalent at 20.5%, followed by postgraduate qualifications (6.0%) and graduate diplomas (5.3%). Vocational credentials are also prominent, with 34.1% of residents aged 15 and above holding them - advanced diplomas account for 12.6% and certificates for 21.5%.
Educational participation is high, with 29.0% of residents currently enrolled in formal education. This includes 10.1% in secondary education, 9.9% in primary education, and 4.1% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis indicates 16 active stops operating within Spring Gully. These stops offer a mix of bus services. Four routes service these stops collectively providing 718 weekly passenger trips.
Transport accessibility is rated good with residents typically located 264 meters from the nearest stop. Service frequency averages 102 trips per day across all routes, equating to approximately 44 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Spring Gully is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Spring Gully faces significant health challenges, with common conditions prevalent across both younger and older age groups. Private health cover is relatively high at approximately 54% (around 1,690 people), compared to 50.4% across the rest of Victoria.
The most frequent medical issues are arthritis and mental health problems, affecting 10.7% and 10.7% of residents respectively. About 62.7% of residents report no medical ailments, similar to the 62.0% in the rest of Victoria. The area has a higher proportion of seniors aged 65 and over at 23.8% (around 743 people), compared to 18.9% across the rest of Victoria.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees Spring Gully placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
Spring Gully had a cultural diversity index below the average, with 91.5% of its population born in Australia, 92.9% being citizens, and 96.3% speaking English only at home. Christianity was the predominant religion in Spring Gully, making up 46.5% of its population. However, Judaism was notably overrepresented, comprising 0.3% compared to the regional average of 0.1%.
The top three ancestry groups were English (32.0%), Australian (27.7%), and Irish (12.2%). Some other ethnic groups showed notable differences in representation: Scottish at 10.5% (versus 8.7% regionally), German at 3.8% (versus 3.2%), and Sri Lankan at 0.2% (versus 0.1%).
Frequently Asked Questions - Diversity
Age
Spring Gully hosts a notably older demographic compared to the national average
Spring Gully's median age of 44 years is similar to Rest of Vic.'s 43 and well above the national average of 38 years. Compared to Rest of Vic., Spring Gully has a higher percentage of residents aged 15-24 (12.6%) but fewer residents aged 0-4 (4.0%). Between the 2021 Census and the present, the population aged 25-34 has grown from 9.5% to 12.1%, while those aged 15-24 increased from 10.6% to 12.6%. Conversely, the age group of 5-14 has declined from 13.6% to 12.0%. By the year 2041, Spring Gully's age composition is expected to change significantly. The demographic shift will be led by the 25-34 age group, which is projected to grow by 78 people (from 378 to 673). Meanwhile, the 55-64 cohort is expected to decrease by 26 people.