Springvale (Vic.)

Population growth drivers in Springvale are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

As of November 2025, the population of Springvale (Vic.) is estimated at around 24,232 people. This figure reflects an increase of 2,058 individuals since the 2021 Census, which recorded a population of 22,174. The latest estimate by AreaSearch, based on examination of the ABS ERP data release from June 2024 and additional validated addresses, indicates a resident population of 24,029. This results in a density ratio of 2,185 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Springvale's growth rate of 9.3% since the 2021 Census exceeded both the SA3 area (6.8%) and the national average, positioning it as a growth leader in the region. Overseas migration contributed approximately 91.0% of overall population gains during recent periods.

AreaSearch projections for Springvale are based on ABS/Geoscience Australia figures released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch uses 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. Future population trends forecast a significant increase in the top quartile of statistical areas nationally, with Springvale expected to expand by 6,217 persons to reach a total of 30,459 by 2041, reflecting a gain of 24.8% over the 17-year period.

Recent residential development output has been above average within Springvale when compared nationally

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Springvale averaged around 102 new dwelling approvals per year over the past five financial years, totalling an estimated 512 homes. So far in FY-26, 51 approvals have been recorded. Over these five years (FY-21 to FY-25), supply has met or surpassed demand with an average of only 0.7 people moving to the area per dwelling built. This has supported buyer choice and potential population growth above projections.

The average construction value for new homes was $530,000. In this financial year, $35.5 million in commercial development approvals have been recorded, indicating strong commercial development momentum. Compared to Greater Melbourne, Springvale records elevated construction, 18.0% above the regional average per person over the five-year period. Building activity shows 35.0% detached houses and 65.0% attached dwellings, reflecting a shift towards denser development. This trend provides accessible entry options for downsizers, investors, and entry-level buyers, differing from the area's existing housing composition of 70.0% houses.

Springvale reflects a transitioning market with around 226 people per approval. Looking ahead, AreaSearch estimates that Springvale is expected to grow by 6,013 residents through to 2041. Building activity is keeping pace with growth projections, though buyers may experience heightened competition as the population grows.

Springvale has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Area infrastructure performance is significantly influenced by changes to local projects and initiatives. AreaSearch has identified a total of 20 projects likely to impact the area. Key projects include 1, 3 & 5 Kintore Street Mixed-Use Development, Revitalising Springvale, Springvale Railway Station Underground, and Springvale Community Hub and Boulevard. The following list details those most relevant.

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

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Springvale shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Springvale has a well-educated workforce. Manufacturing and industrial sectors are strongly represented.

The unemployment rate in Springvale is 5.1%, compared to Greater Melbourne's 4.6%. Employment growth over the past year is estimated at 3.9%. As of June 2025, there are 11,799 residents employed. Workforce participation in Springvale lags behind Greater Melbourne at 53.9% versus 64.1%.

Dominant employment sectors include manufacturing, health care & social assistance, and retail trade. Manufacturing employment is particularly notable, at 2.3 times the regional average. Education & training has limited presence, with only 4.7% of residents employed in this sector compared to the regional average of 9.2%. Many Springvale residents commute elsewhere for work. Over a 12-month period ending Sep-22, employment increased by 3.9%, labour force grew by 4.4%, and unemployment rose by 0.5 percentage points. National employment forecasts from Jobs and Skills Australia project growth of 6.6% over five years and 12.2% over ten years for Springvale's employment mix.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

AreaSearch's aggregation of latest postcode level ATO data released for financial year 2022 shows Springvale had a median income among taxpayers of $41,040 and an average level of $47,974. Both figures are below the national averages of $54,892 and $73,761 respectively in Greater Melbourne. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for median income would be approximately $46,030 and average income $53,808 as of September 2025. According to the 2021 Census figures, individual incomes in Springvale lag at the 7th percentile with a weekly income of $558, while household income performs better at the 29th percentile. Income brackets indicate that 31.8% of the population (7,705 individuals) fall within the $1,500 - $2,999 income range, aligning with the broader area where this cohort likewise represents 32.8%. Housing affordability pressures are severe in Springvale, with only 82.3% of income remaining, ranking at the 26th percentile.

Springvale displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Springvale's dwelling structure, as per the latest Census, consisted of 69.5% houses and 30.5% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's figures of 72.1% houses and 28.0% other dwellings. Home ownership in Springvale stood at 33.7%, similar to Melbourne metro's level. Dwellings were either mortgaged (24.5%) or rented (41.7%). The median monthly mortgage repayment was $1,750, lower than Melbourne metro's average of $1,800. Median weekly rent in Springvale was $357, compared to Melbourne metro's $350. Nationally, Springvale's mortgage repayments were below the Australian average of $1,863, and rents were less than the national figure of $375.

Springvale features high concentrations of group households, with a higher-than-average median household size

Family households account for 71.3% of all households, including 32.8% couples with children, 21.9% couples without children, and 13.6% single parent families. Non-family households constitute the remaining 28.7%, with lone person households at 22.0% and group households making up 6.7%. The median household size is 2.9 people, larger than the Greater Melbourne average of 2.8.

Educational outcomes in Springvale fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

Educational qualifications in Springvale trail regional benchmarks, with 27.1% of residents aged 15+ holding university degrees compared to 37.0% in Greater Melbourne. This gap highlights potential for educational development and skills enhancement. Bachelor degrees lead at 18.5%, followed by postgraduate qualifications (7.2%) and graduate diplomas (1.4%). Vocational pathways account for 21.2% of qualifications among those aged 15+ – advanced diplomas (9.5%) and certificates (11.7%).

Educational participation is notably high, with 30.2% of residents currently enrolled in formal education. This includes 7.4% in tertiary education, 7.3% in primary education, and 6.5% pursuing secondary education. A robust network of 9 schools operates within Springvale, educating approximately 5,559 students while the area demonstrates typical Australian school conditions (ICSEA: 977) with balanced educational opportunities. The educational mix includes 6 primary, 1 secondary, and 2 K-12 schools. School capacity exceeds typical residential needs (22.9 places per 100 residents vs 15.4 regionally), indicating the area serves as an educational center for the broader region. Note: where schools show 'n/a' for enrolments please refer to parent campus.

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

Springvale has 86 active public transport stops. These include train and bus services. There are 23 different routes operating in total.

Each week, these routes provide 4,879 passenger trips combined. The average distance from residents to the nearest stop is 215 meters. On average, there are 697 trips per day across all routes. This equates to about 56 weekly trips per individual stop.

Springvale's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Springvale with younger cohorts seeing very low prevalence of common health conditions. The rate of private health cover is extremely low at approximately 46% of the total population (~11,124 people), compared to the national average of 55.3%.

The most common medical conditions in the area are asthma and diabetes, impacting 5.9 and 5.7% of residents respectively, while 77.5% declared themselves completely clear of medical ailments, compared to 75.1% across Greater Melbourne. There are 4,143 people aged 65 and over in Springvale, making up 17.1% of the total population. Health outcomes among seniors require more attention than those for the broader population.

Springvale is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Springvale has a high level of cultural diversity, with 69.6% of its population born overseas and 80.2% speaking a language other than English at home. Christianity is the predominant religion in Springvale, accounting for 29.6% of the population. However, Buddhism is significantly overrepresented compared to Greater Melbourne's average, comprising 24.9% of Springvale's population.

The top three ancestry groups are Other (25.4%), Vietnamese (21.3%) and Chinese (20.3%), all higher than regional averages. Korean (1.1%), Sri Lankan (0.7%), and Indian (5.3%) ethnic groups also show notable divergences compared to regional figures.

Springvale's population is slightly younger than the national pattern

Springvale's median age is 36 years, nearly matching Greater Melbourne's average of 37 and slightly below Australia's median of 38. Compared to Greater Melbourne, Springvale has a higher percentage of residents aged 25-34 (20.0%) but fewer residents aged 5-14 (9.1%). This concentration of 25-34 year-olds is significantly above the national average of 14.5%. Between the 2021 Census and the present, the percentage of residents aged 65 to 74 has grown from 8.2% to 9.0%, while the percentage of those aged 45 to 54 has declined from 11.4% to 10.4%. By 2041, demographic modeling suggests significant changes in Springvale's age profile. The 65 to 74 cohort is projected to grow by 54%, adding 1,168 residents to reach a total of 3,349. Meanwhile, the 0 to 4 cohort is expected to grow by a modest 9%, with an increase of 106 people.