Strathmore (Vic.)

Strathmore has seen population growth performance typically on par with national averages when looking at short and medium term trends

As of November 2025, the estimated population of the Strathmore (Vic.) statistical area (Lv2) is around 9,412 people. This figure reflects an increase of 432 individuals since the 2021 Census, which recorded a population of 8,980 people in the same area. The latest estimate is based on AreaSearch's validation of new addresses and analysis of resident population data from June 2024's ERP release by the ABS, along with an additional 40 validated new addresses since the Census date. This results in a population density ratio of approximately 2,728 persons per square kilometer for Strathmore (Vic.) (SA2), placing it in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, from 2015 to 2025, Strathmore has demonstrated a compound annual growth rate of around 0.9%, outperforming its SA3 area. The primary driver for population growth during this period was overseas migration, contributing approximately 78.0% of overall population gains.

AreaSearch's projections for the Strathmore (Vic.) (SA2) are based on ABS/Geoscience Australia figures released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections from 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the Strathmore (Vic.) (SA2) is projected to increase its population by approximately 1,177 persons, reflecting an overall increase of around 11.9% over the 17-year period from 2024 to 2041.

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

Based on AreaSearch analysis using ABS building approval numbers, Strathmore averaged approximately 64 new dwelling approvals annually over the past five financial years. This totals an estimated 323 homes from FY-18 to FY-22. As of FY-26, 22 approvals have been recorded. On average, 0.4 new residents per year are associated with each dwelling constructed between FY-21 and FY-25.

This indicates that new construction is meeting or exceeding demand, providing more options for buyers and potentially facilitating population growth beyond current projections. The average value of new properties under construction is $939,000, suggesting a focus on the premium segment by developers. In FY-26, $8.1 million in commercial approvals have been registered, reflecting Strathmore's primarily residential nature. Compared to Greater Melbourne, Strathmore has similar development levels per capita, maintaining market balance with the broader area. Recent construction comprises 40% detached houses and 60% medium and high-density housing, marking a shift from the current pattern of 77% houses.

This trend may be due to diminishing developable land availability and evolving lifestyle preferences and housing affordability needs. The location has approximately 138 people per dwelling approval, indicating a low density market. According to AreaSearch's latest quarterly estimate, Strathmore is projected to grow by 1,118 residents by 2041. With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Strathmore has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 23 projects likely to impact the area. Notable projects include 299 Pascoe Vale Road Mixed-Use Development, Strathmore Village, Hart Precinct, and Airport Toyota Expansion. The following list details those expected to be 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.

AreaSearch analysis of employment trends sees Strathmore performing better than 90% of local markets assessed across Australia

Strathmore has a well-educated workforce with strong representation in professional services. Its unemployment rate was 1.5% in the past year, with an estimated employment growth of 1.3%.

As of September 2025, 5677 residents are employed, while the unemployment rate is 3.1% lower than Greater Melbourne's 4.7%. Workforce participation is 68.5%, compared to Greater Melbourne's 64.1%. Employment is concentrated in health care & social assistance, education & training, and professional & technical services, with notable concentration in education & training at 1.2 times the regional average. Manufacturing shows lower representation at 5.0% versus the regional average of 7.2%.

The area offers limited local employment opportunities. In the past year, employment increased by 1.3%, labour force by 1.5%, raising unemployment rate by 0.2 percentage points. This compares to Greater Melbourne's employment growth of 3.0%, labour force expansion of 3.3%, and unemployment rise of 0.3 percentage points. State-level data up to 25-Nov shows VIC employment grew by 1.13% year-on-year, with a state unemployment rate of 4.7%. National employment forecasts from May-25 project national growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Strathmore's employment mix suggests local employment should increase by 6.7% over five years and 13.6% over ten years, based on a simple weighting extrapolation for illustrative purposes.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch reports that Strathmore suburb had a median taxpayer income of $65,378 and an average income of $88,856 in the financial year 2023. These figures are among Australia's highest, compared to Greater Melbourne's median of $57,688 and average of $75,164. By September 2025, adjusted for Wage Price Index growth of 8.25%, estimated incomes would be approximately $70,772 (median) and $96,187 (average). The 2021 Census places Strathmore's household, family, and personal incomes between the 80th and 90th percentiles nationally. Income analysis shows that 28.1% of Strathmore residents earn over $4,000 annually (2,644 individuals), contrasting with the region where the $1,500 - $2,999 bracket leads at 32.8%. The suburb demonstrates affluence with 42.9% earning over $3,000 weekly. After housing costs, residents retain 87.4% of income, reflecting strong purchasing power and the area's SEIFA income ranking places it in the 9th decile.

Strathmore is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Strathmore's dwelling structure, as per the latest Census, was 76.7% houses and 23.3% other dwellings (semi-detached, apartments, 'other' dwellings). This compared to Melbourne metro's 76.8% houses and 23.2% other dwellings. Home ownership in Strathmore stood at 42.7%, with mortgaged dwellings at 40.1% and rented dwellings at 17.2%. The median monthly mortgage repayment was $2,579, higher than Melbourne metro's $2,167. Median weekly rent in Strathmore was $450, compared to Melbourne metro's $410. Nationally, Strathmore's mortgage repayments were higher at $2,579 versus the Australian average of $1,863, and rents were higher at $450 compared to the national figure of $375.

Strathmore features high concentrations of family households, with a higher-than-average median household size

Family households comprise 78.8% of all households, including 45.7% couples with children, 23.3% couples without children, and 9.0% single parent families. Non-family households account for the remaining 21.2%, with lone person households at 19.4% and group households making up 1.7%. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.6.

Strathmore shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Strathmore's educational attainment significantly exceeds broader benchmarks. Among residents aged 15+, 38.6% hold university qualifications, compared to 27.7% in the SA4 region and 30.4% nationally. This educational advantage positions Strathmore strongly for knowledge-based opportunities. Bachelor degrees are most prevalent at 26.1%, followed by postgraduate qualifications (8.3%) and graduate diplomas (4.2%).

Trade and technical skills are prominent, with 26.4% of residents aged 15+ holding vocational credentials – advanced diplomas (11.4%) and certificates (15.0%). Educational participation is notably high, with 32.3% of residents currently enrolled in formal education, including 10.5% in primary education, 10.3% in secondary education, and 6.5% pursuing tertiary education.

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

Strathmore's public transport analysis shows 44 active stops operating within the area. These stops serve a mix of bus routes, totaling five individual routes. Collectively, these routes provide 1,015 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 184 meters from the nearest stop. Service frequency averages 145 trips per day across all routes, equating to approximately 23 weekly trips per individual stop.

Strathmore's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Strathmore. Both young and old age cohorts have low prevalence of common health conditions. The rate of private health cover is exceptionally high at approximately 62% of the total population (5,820 people).

This compares to 59.4% across Greater Melbourne. Nationally, the average is 55.7%. The most common medical conditions in the area are asthma and arthritis, impacting 7.0 and 6.8% of residents respectively. A total of 73.7% of residents declare themselves completely clear of medical ailments, compared to 70.1% across Greater Melbourne. The area has 17.5% of residents aged 65 and over (1,647 people), lower than the 21.9% in Greater Melbourne. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.

The level of cultural diversity witnessed in Strathmore was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Strathmore's cultural diversity was assessed as above average, with 19.8% of its population born overseas and 21.9% speaking a language other than English at home. Christianity was the predominant religion in Strathmore, accounting for 58.8% of people, compared to 66.4% across Greater Melbourne. The top three ancestry groups were Australian (20.1%), English (19.1%), and Italian (13.1%).

Notably, Maltese representation was higher at 2.0% in Strathmore than the regional average of 2.8%. Polish representation was similar at 1.1%, while Greek representation was lower at 3.9% compared to the regional average of 5.0%.

Strathmore's median age exceeds the national pattern

Strathmore's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 years and slightly older than Australia's median of 38 years. Compared to the Greater Melbourne average, Strathmore has a notably over-represented cohort of 45-54 year-olds (16.1%) and an under-represented group of 25-34 year-olds (8.1%). According to the 2021 Census, the population aged 15-24 grew from 14.1% to 16.0%, while those aged 75-84 increased from 4.3% to 5.6%. Conversely, the 35-44 age group decreased from 12.8% to 11.6%. Demographic modeling indicates significant changes in Strathmore's age profile by 2041. The 55-64 cohort is projected to grow by 30%, adding 381 residents to reach a total of 1,633. Meanwhile, both the 0-4 and 35-44 age groups are expected to decrease in number.