Springvale (Vic.)

Population growth drivers in Springvale are slightly above average based on AreaSearch's ranking of recent, and medium term trends

Based on analysis of ABS population updates for the broader area, the estimated population of Springvale (Vic.) statistical area (Lv2) was around 24,395 as of Nov 2025. This reflects an increase of 2,221 people (10.0%) since the 2021 Census, which reported a population of 22,174 people in Springvale (Vic.) (SA2). The change is inferred from the resident population of 24,018 estimated by AreaSearch following examination of the latest ERP data release by the ABS (June 2024) and an additional 360 validated new addresses since the Census date. This level of population equates to a density ratio of 2,199 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Springvale's 10.0% growth since the 2021 census exceeded the SA3 area (6.8%), along with the national average, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration that contributed approximately 91.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. As we examine future population trends, a significant population increase in the top quartile of statistical areas across the nation is forecast, with the area expected to expand by 6,215 persons to 2041 based on aggregated SA2-level projections, reflecting recording a gain of 24.0% in total over the 17 years.

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

AreaSearch analysis of ABS building approval numbers indicates Springvale averaged approximately 102 new dwelling approvals per year over the past five financial years, totalling an estimated 512 homes. As of FY-26, 61 approvals have been recorded. The average population increase per year for each dwelling built between FY-21 and FY-25 was 0.7 people, suggesting supply meets or exceeds demand, offering more buyer choices while supporting potential population growth above projections. New homes are being constructed at an average value of $530,000, indicating developers focus on the premium market with high-end developments.

This financial year has seen $36.9 million in commercial development approvals, reflecting high local commercial activity. Compared to Greater Melbourne, Springvale's construction levels are 18.0% higher per person over the past five years, maintaining good buyer choice and supporting existing property values. Building activity shows 35.0% detached houses and 65.0% attached dwellings, transitioning towards denser development to provide accessible entry options for downsizers, investors, and entry-level buyers. This shift reflects decreasing availability of developable sites and changing lifestyles requiring diverse, affordable housing options. Springvale's population is expected to grow by 5,848 residents by 2041, with building activity keeping pace with growth projections despite potential increased competition among buyers as the population expands.

Looking ahead, Springvale is expected to grow by 5,848 residents through to 2041 (from the latest AreaSearch quarterly estimate). Building activity is keeping pace with growth projections, though buyers may experience heightened competition as the population grows.

Springvale has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 20 projects that could impact this region. Notable 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.

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.

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

Springvale has a well-educated workforce with manufacturing and industrial sectors prominently represented. The unemployment rate in Springvale was 5.1% in the past year, with an estimated employment growth of 4.4%.

As of September 2025, 11,889 residents are employed while the unemployment rate is 0.4% higher than Greater Melbourne's rate of 4.7%. Workforce participation in Springvale lags behind Greater Melbourne at 53.9% compared to 64.1%. The dominant employment sectors among residents include manufacturing, health care & social assistance, and retail trade. Manufacturing particularly stands out with employment levels at 2.3 times the regional average.

Conversely, education & training has limited presence with only 4.7% of employment compared to the regional average of 9.2%. Many Springvale residents commute elsewhere for work, as indicated by the count of Census working population to local population. In the 12-month period ending September 2025, employment in Springvale increased by 4.4%, while the labour force grew by 4.9%, resulting in a rise in unemployment by 0.4 percentage points. In contrast, Greater Melbourne saw employment grow by 3.0%, with the labour force increasing by 3.3% and unemployment rising by 0.3 percentage points. State-level data from Victoria to 25-Nov-25 shows employment grew by 1.13% year-on-year, adding 41,950 jobs, with an unemployment rate of 4.7%. Jobs and Skills Australia's national employment forecasts from May-25 indicate that national employment is expected to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Springvale's employment mix suggests local employment should increase by 5.5% over five years and 12.2% over ten years, based on a simple weighting extrapolation for illustrative purposes.

The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data

According to AreaSearch's aggregation of latest postcode level ATO data released for financial year ended June 2023, Springvale had a median income among taxpayers of $41,040 and an average income of $47,974. This was below the national average of $57,688 and compared to levels of $57,688 in Greater Melbourne respectively. Based on Wage Price Index growth of 8.25% since financial year ended June 2023, current estimates would be approximately $44,426 (median) and $51,932 (average) as of September 2025. According to Australian Bureau of Statistics Census figures for 2021, individual incomes in Springvale lagged at the 7th percentile with a weekly income of $558, while household income performed better at the 29th percentile. Income brackets indicated that 31.8% of the population (7,757 individuals) fell within the $1,500 - $2,999 income range, aligning with the broader area where this cohort likewise represented 32.8%. Housing affordability pressures were severe in Springvale, with only 82.3% of income remaining after housing costs, ranking at the 26th percentile nationally.

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

In Springvale, as per the latest Census evaluation, 69.5% of dwellings were houses, with the remaining 30.5% comprising semi-detached homes, apartments, and other dwelling types. This distribution differs slightly from Melbourne metropolitan area's 72.1% houses and 28.0% other dwellings. Home ownership in Springvale stood at 33.7%, mirroring Melbourne metro's rate, with mortgaged properties at 24.5% and rented dwellings at 41.7%. The median monthly mortgage repayment in the area was $1,750, lower than Melbourne metro's average of $1,800. Median weekly rent in Springvale was recorded as $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 comprise 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

Springvale Trail's residents aged 15+ have a university degree qualification rate of 27.1%, compared to Greater Melbourne's 37.0%. The most common qualification is the bachelor degree at 18.5%, followed by postgraduate qualifications (7.2%) and graduate diplomas (1.4%). Vocational pathways account for 21.2% of qualifications, with advanced diplomas at 9.5% and certificates at 11.7%. Educational participation is high, with 30.2% currently enrolled in formal education: 7.4% in tertiary, 7.3% in primary, and 6.5% in secondary education.

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.

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

Transport analysis indicates 87 active public transport stops in Springvale, offering a mix of train and bus services. These stops are served by 24 individual routes, collectively facilitating 4,018 weekly passenger trips. Transport accessibility is rated as good, with residents typically situated 215 meters from the nearest stop.

Service frequency averages 574 trips per day across all routes, translating to approximately 46 weekly trips per 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 (~11,199 people), compared to the national average of 55.7%.

The most common medical conditions in the area are asthma and diabetes, impacting 5.9 and 5.7% of residents respectively. Seventy-seven point five percent declared themselves completely clear of medical ailments, compared to 75.1% across Greater Melbourne. The area has 17.1% of residents aged 65 and over (4,171 people). Health outcomes among seniors require more attention than 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 population where 69.6% were born overseas, with 80.2% speaking languages other than English at home. Christianity is the predominant religion in Springvale, comprising 29.6% of its population. Buddhism, however, is notably higher at 24.9%, compared to Greater Melbourne's average of 15.2%.

In terms of ancestry, 'Other' makes up 25.4%, Vietnamese 21.3% (higher than the regional average of 8.5%), and Chinese 20.3% (higher than the regional average of 10.9%). Other ethnic groups show notable variations: Korean is overrepresented at 1.1% in Springvale compared to 0.4% regionally, Sri Lankan at 0.7% versus 1.8%, and Indian at 5.3% against a regional average of 6.2%.

Springvale's population is slightly younger than the national pattern

Springvale's median age is 36 years, closely matching Greater Melbourne's average of 37 and slightly under the Australian median of 38. Compared to Greater Melbourne, Springvale has a higher proportion of residents aged 25-34 (20.0%), but fewer residents aged 5-14 (9.1%). This concentration of 25-34 year-olds is notably higher than the national average of 14.5%. Between the 2021 Census and present, the proportion of Springvale's population aged 65 to 74 has increased from 8.2% to 9.0%, while the proportion of residents aged 45 to 54 has decreased from 11.4% to 10.4%. By 2041, demographic modeling projects significant changes in Springvale's age profile. The 65 to 74 cohort is projected to grow by 53%, adding 1,153 residents to reach a total of 3,349. Meanwhile, the 0 to 4 cohort is expected to grow by a modest 8% (97 people).