Springvale (Vic.)

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

The population of the suburb of Springvale (Vic.) is estimated to be around 24,395 as of February 2026. This reflects an increase of 2,221 people since the 2021 Census, which reported a population of 22,174. 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 in 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 growth rate of 10.0% since the 2021 census exceeded the SA3 area (6.9%) and the national average, marking it as a growth leader in the region. Population growth for the suburb 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 areas not covered by this data, AreaSearch is utilising 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. A significant population increase is forecast, with the suburb expected to expand by 6,211 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 23.9% in total over the 17 years.

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. This totals an estimated 512 homes. As of FY-26, 63 approvals have been recorded. Over these five years, on average, 0.7 people moved to the area for each dwelling built.

This indicates that supply is meeting or surpassing demand, offering greater buyer choice while supporting potential population growth above projections. The average value of new homes being built is $530,000, suggesting developers focus on the premium market with high-end developments. In FY-26, $36.9 million in commercial development approvals have been recorded, demonstrating high levels of local commercial activity. Comparatively, Springvale records somewhat elevated construction activity, at 18.0% above Greater Melbourne's regional average per person over the five-year period. This maintains good buyer choice while supporting existing property values.

New building activity shows 35.0% detached houses and 65.0% attached dwellings. This trend towards denser development provides accessible entry options, appealing to downsizers, investors, and entry-level buyers. This represents a notable shift from the area's existing housing composition, currently at 70.0% houses, indicating decreasing availability of developable sites and reflecting changing lifestyles and demand for more diverse, affordable housing options. Springvale reflects a transitioning market with around 226 people per approval. Looking ahead, Springvale is expected to grow by 5,834 residents through to 2041, according to 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 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 major changes to local infrastructure. 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.

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 strong representation in manufacturing and industrial sectors. The unemployment rate was 5.2% as of the past year, with an estimated employment growth of 4.0%. As of December 2025, 11,983 residents were employed, with an unemployment rate of 5.2%, which is 0.4% higher than Greater Melbourne's rate of 4.8%.

Workforce participation in Springvale was 61.2%, significantly lower than Greater Melbourne's 71.3%. According to Census responses, 14.3% of residents worked from home. The dominant employment sectors were manufacturing, health care & social assistance, and retail trade. Manufacturing had a particularly notable concentration, with employment levels at 2.3 times the regional average.

Education & training had limited presence, with only 4.7% employment compared to the regional average of 9.2%. Many residents commuted elsewhere for work based on Census data. In the 12-month period ending in Springvale, employment increased by 4.0%, while the labour force grew by 4.6%, resulting in a 0.5 percentage point rise in unemployment. This contrasted with Greater Melbourne, where employment rose by 2.4%, the labour force grew by 2.8%, and unemployment rose by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 projected national employment growth of 6.6% over five years and 13.7% over ten years, with varying rates between industry sectors. Applying these projections to Springvale's employment mix suggested 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

In financial year 2023, Springvale's median income among taxpayers was $41,040, with an average of $47,974. Both figures were below the national averages of $57,688 and $75,164 for Greater Melbourne respectively. By September 2025, estimated incomes would be approximately $44,426 (median) and $51,932 (average), based on an 8.25% increase since financial year 2023. According to the 2021 Census, individual incomes ranked at the 7th percentile ($558 weekly), while household income was at the 29th percentile. Income distribution showed that 31.8% of Springvale's population (7,757 individuals) fell within the $1,500 - $2,999 range, similar to the broader area where this cohort also represented 32.8%. Housing affordability pressures were severe, with only 82.3% of income remaining after housing costs, 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 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. Median weekly rent in Springvale was $357, compared to Melbourne metro's $390. Nationally, Springvale's mortgage repayments were lower than 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 comprise 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 account for 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

In Springvale Trail, 27.1% of residents aged 15 and above hold university degrees, compared to Greater Melbourne's 37.0%. This indicates a gap suggesting potential for educational development. Bachelor degrees are the most common 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 and above, with advanced diplomas at 9.5% and certificates at 11.7%.

Educational participation is 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

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 these transport services is rated as good, with residents typically living within 215 meters of the nearest stop. As a predominantly residential area, most commuters travel outward from Springvale. Cars remain the primary mode of transportation for 80% of residents, while 10% use trains. On average, there are 1.3 vehicles per dwelling in the area.

According to the 2021 Census, 14.3% of residents work from home, which may be partially attributed to COVID-19 conditions. The service frequency across all routes averages 574 trips per day, resulting in approximately 45 weekly trips per individual 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 results based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both younger and older age groups have low prevalence of common health conditions. Private health cover is quite low at about 46% of the total population (~11,199 people), compared to Greater Melbourne's 56.7% and the national average of 55.7%.

Asthma and diabetes are the most prevalent medical conditions, affecting 5.9% and 5.7% of residents respectively. About 77.5% of residents report having no medical ailments, compared to Greater Melbourne's 72.6%. The area has a higher proportion of seniors aged 65 and over at 17.9% (4,366 people), compared to Greater Melbourne's 15.1%. Health outcomes among seniors are generally good, in line with the 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 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, accounting for 29.6%. Buddhism, however, is significantly higher than the Melbourne average at 24.9%, compared to the regional average of 4.2%.

The top three ancestry groups are 'Other' (25.4%), Vietnamese (21.3%), and Chinese (20.3%). These percentages are substantially higher than their respective regional averages of 14.6%, 1.9%, and 6.5%. Notably, Korean (1.1%) is overrepresented compared to the regional average of 0.3%. Similarly, Sri Lankan (0.7%) and Indian (5.3%) groups show notable divergences from their respective regional averages of 0.8% and 4.2%.

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 below Australia's median of 38. Compared to Greater Melbourne, Springvale has a higher proportion of residents aged 25-34 at 19.5%, but fewer residents aged 5-14 at 9.2%. This 25-34 concentration is notably higher than the national average of 14.4%. Between the 2021 Census and now, the proportion of residents aged 65 to 74 has increased from 8.2% to 9.4%, while those aged 45 to 54 have decreased from 11.4% to 10.3%. By 2041, demographic projections indicate significant changes in Springvale's age profile. The 65 to 74 cohort is projected to grow by 46%, adding 1,053 residents to reach a total of 3,347. Meanwhile, the 0 to 4 cohort is projected to grow by a modest 9% (an increase of 109 people).