Springvale (Vic.)

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

Based on ABS population updates and AreaSearch validations, the suburb of Springvale (Vic.) had an estimated population of around 24,395 as of Feb 2026. This reflected a growth of 2,221 people since the 2021 Census, which reported a population of 22,174. The increase was inferred from AreaSearch's estimate of 24,018 residents following examination of ABS ERP data (June 2024) and additional validated new addresses since the Census date. This resulted in a density ratio of 2,199 persons per square kilometer, higher than average national locations assessed by AreaSearch. Springvale's 10.0% growth exceeded both its SA3 area (6.9%) and national averages, marking it as a regional growth leader. Overseas migration contributed approximately 91.0% 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, they utilise 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 trends forecast a significant population increase in the top quartile of statistical areas nationally, with Springvale expected to expand by 6,215 persons to 2041, reflecting a total gain of 24.0% over the 17 years.

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

AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, shows 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. Over these five years (FY-21 to FY-25), on average, 0.7 people moved to Springvale for each dwelling built, indicating that supply has met or exceeded demand, providing more buyer choices and supporting potential population growth beyond projections. The average construction value of new homes is $530,000, suggesting developers focus on the premium market with high-end developments.

This financial year, $36.9 million in commercial development approvals have been recorded, demonstrating significant local commercial activity. Compared to Greater Melbourne, Springvale has shown elevated construction levels, 18.0% above the regional average per person over the past five years, maintaining good buyer choice while supporting existing property values. The new building activity shows a trend towards denser development, with 35.0% detached houses and 65.0% attached dwellings. This shift from the area's current housing composition (70.0% houses) reflects decreasing availability of developable sites and changing lifestyles, indicating a need for more diverse and affordable housing options. Springvale's population is transitioning, with around 226 people per approval.

According to AreaSearch's latest quarterly estimate, the area is expected to grow by 5,848 residents through to 2041. Building activity is keeping pace with growth projections, though buyers may face increased competition as the population grows.

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

Twenty projects identified by AreaSearch are expected to impact the area significantly, with key initiatives including the 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 likely to be 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 an educated workforce with prominent manufacturing and industrial sectors. Its unemployment rate was 5.1% in the past year, with 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 lags at 60.8%, compared to Greater Melbourne's 71.0%. Census data shows 14.3% of residents work from home. Dominant employment sectors are manufacturing, health care & social assistance, and retail trade. Manufacturing has a notable concentration with levels at 2.3 times the regional average.

Education & training has limited presence at 4.7%, compared to 9.2% regionally. Many residents commute elsewhere for work. In the past year, employment increased by 4.4%, labour force by 4.9%, and unemployment rose by 0.4 percentage points. This contrasts with Greater Melbourne's employment rise of 3.0%, labour force growth of 3.3%, and unemployment increase of 0.3 percentage points. National employment forecasts from Jobs and Skills Australia, issued in May-25, project national employment to expand by 6.6% over five years and 12.2% 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.

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 taxpayer income of $41,040 and an average income of $47,974. These figures are below the national averages of $57,688 and $75,164 respectively in Greater Melbourne. Based on Wage Price Index growth of 8.25% since financial year ended June 2023, estimated median and average incomes for Springvale as of September 2025 would be approximately $44,426 and $51,932 respectively. According to Australian Bureau of Statistics Census data from 2021, individual income in Springvale is at the 7th percentile ($558 weekly), while household income is at the 29th percentile. Income distribution shows that 31.8% of individuals (7,757 people) fall within the $1,500 - $2,999 income range, similar to the broader area where this cohort represents 32.8%. Housing affordability pressures are 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

Springvale's dwelling structure, as per the latest Census, consisted of 69.5% houses and 30.5% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Springvale stood at 33.7%, with mortgaged dwellings at 24.5% and rented ones at 41.7%. The median monthly mortgage repayment was $1,750, below Melbourne metro's average of $2,000, while the median weekly rent was $357, lower than Melbourne metro's $390. Nationally, Springvale's mortgage repayments were less than the Australian average of $1,863, and rents were lower 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 comprising 6.7% of the total. The median household size is 2.9 people, which is larger than the Greater Melbourne average of 2.6.

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

Springvale's educational qualifications lag behind Greater Melbourne's regional benchmarks. As of [2016](https://www.abs.gov.au/), 27.1% of Springvale residents aged 15 and above held university degrees, compared to the citywide average of 37.0%. Bachelor degrees were the most common at 18.5%, followed by postgraduate qualifications (7.2%) and graduate diplomas (1.4%). Vocational pathways accounted for 21.2% of qualifications among those aged 15 and above, with advanced diplomas at 9.5% and certificates at 11.7%.

Educational participation was notably high in Springvale, with 30.2% of residents enrolled in formal education as of [2016](https://www.abs.gov.au/). This included 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

Springvale has 88 active public transport stops, all of which are bus stops. These stops are served by 24 different routes that together facilitate 4018 weekly passenger trips. The accessibility of transport in Springvale is rated as good, with residents typically located 215 meters from the nearest stop. Most residents commute outward due to its residential nature. Cars remain the dominant mode of transportation at 80%, while trains account for 10%. On average, there are 1.3 vehicles per dwelling in Springvale.

According to the 2021 Census, 14.3% of residents work from home, which may be influenced by COVID-19 conditions. Across all routes, service frequency averages 574 trips per day, equating to approximately 45 weekly trips per stop.

The level of general health in Springvale is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Springvale shows better-than-average health outcomes according to AreaSearch's assessment of mortality rates and chronic condition prevalence. Both younger and older age groups have low prevalence of common health conditions. The rate of private health cover is very low at around 46% of the total population, approximately 11,199 people, compared to Greater Melbourne's 56.7%.

Nationally, it stands at 55.7%. Asthma and diabetes are the most prevalent medical conditions in Springvale, affecting 5.9% and 5.7% of residents respectively. About 77.5% of residents report being completely free from medical ailments, compared to Greater Melbourne's 72.6%. The area has a higher proportion of seniors aged 65 and over at 17.7%, or about 4,317 people, than Greater Melbourne's 15.1%. Health outcomes among seniors are above average and align with national rankings for the general 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 one of the highest levels of cultural diversity in the country, with 69.6% of its population born overseas and 80.2% speaking a language other than English at home. Christianity is the dominant religion in Springvale, comprising 29.6% of people. However, Buddhism is particularly prominent, making up 24.9% of the population, significantly higher than Greater Melbourne's average of 4.2%.

In terms of ancestry, the top three groups are Other at 25.4%, Vietnamese at 21.3%, and Chinese at 20.3%. These percentages are substantially higher than regional averages for these groups. Additionally, there are notable differences in the representation of Korean (1.1% vs 0.3%), Sri Lankan (0.7% vs 0.8%), and Indian (5.3% vs 4.2%) ethnic groups compared to regional averages.

Springvale's population is slightly younger than the national pattern

Springvale's median age is nearly 36 years, close to Greater Melbourne's average of 37 and slightly below Australia's median of 38. Compared to Greater Melbourne, Springvale has a higher proportion of residents aged 25-34 (19.5%) but fewer residents aged 5-14 (9.2%). This concentration of 25-34 year-olds is significantly higher than the national average of 14.4%. Between the 2021 Census and present, the proportion of residents aged 65-74 has grown from 8.2% to 9.4%, while the proportion of those aged 45-54 has declined from 11.4% to 10.3%. By 2041, demographic projections suggest Springvale's age profile will change significantly. The 65-74 age group is projected to grow by 46%, adding 1,055 residents to reach a total of 3,349. Meanwhile, the 0-4 age group is projected to grow by a modest 8%, adding 97 people.