Vermont

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

As of Nov 2025, Vermont's population is estimated at around 11,369, reflecting an increase of 376 people since the 2021 Census. The 2021 Census reported a population of 10,993. This increase is inferred from AreaSearch's estimation of 11,353 residents following examination of ABS ERP data released in June 2024, along with an additional 38 validated new addresses since the Census date. This results in a density ratio of 2,466 persons per square kilometer, placing Vermont in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, ending Dec 2021, Vermont demonstrated resilient growth patterns with a compound annual growth rate of 0.7%. Population growth was primarily driven by overseas migration during this period.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For future demographic trends, Vermont is expected to grow at a rate just below the median of national areas. By 2041, the suburb is projected to increase by 1,139 persons, reflecting an overall increase of 9.9% over the 17-year period based on aggregated SA2-level projections.

Residential development activity is lower than average in Vermont according to AreaSearch's national comparison of local real estate markets

Vermont has recorded approximately 36 residential properties granted approval each year over the past five financial years, totalling an estimated 181 homes. As of FY-26, 9 approvals have been recorded. On average, 0.5 new residents per year per dwelling constructed have been observed between FY-21 and FY-25. This suggests that new supply is keeping pace with or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts.

The average construction value of new dwellings is $689,000, indicating a focus on the premium segment with upmarket properties. In FY-26, there have been $2.4 million in commercial approvals, reflecting the area's residential character. Compared to Greater Melbourne, Vermont has similar development levels per person, preserving market equilibrium consistent with surrounding areas. However, this activity is below average nationally, suggesting maturity and possible planning constraints.

New development consists of 69.0% standalone homes and 31.0% townhouses or apartments, offering choices across price ranges from spacious family homes to more compact options. The area has approximately 402 people per dwelling approval, reflecting its established nature. According to the latest AreaSearch quarterly estimate, Vermont is expected to grow by 1,123 residents through to 2041. Construction is maintaining a reasonable pace with projected growth, although buyers may encounter growing competition as population increases.

Vermont 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 six projects likely to impact the area. Notable projects are Vermont Reserve Pavilion Redevelopment, Vermont Inc, Forest Ridge, and The Green Hill. Below is a list detailing 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.

AreaSearch analysis reveals Vermont significantly outperforming the majority of regions assessed nationwide

Vermont has a highly educated workforce with professional services being strongly represented. Its unemployment rate was 2.2% in the past year, with an estimated employment growth of 1.1%.

As of June 2025, 5731 residents were employed while the unemployment rate was 2.5% lower than Greater Melbourne's rate of 4.6%. Workforce participation was similar to Greater Melbourne at 64.1%. The dominant sectors included health care & social assistance, education & training, and professional & technical services, with a particularly strong specialization in education & training (1.2 times the regional level). Transport, postal & warehousing was under-represented at 2.9% compared to Greater Melbourne's 5.2%.

Over the year to June 2025, employment increased by 1.1% while labour force grew by 0.7%, reducing the unemployment rate by 0.4 percentage points. In contrast, Greater Melbourne saw employment grow by 3.5%, labour force expand by 4.0%, and unemployment rise by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project a 6.6% increase over five years and 13.7% over ten years nationally. Applying these projections to Vermont's employment mix suggests local employment should increase by 6.9% over five years and 14.1% over ten years, though this is a simplified extrapolation for illustrative purposes only.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's aggregation of latest postcode level ATO data shows Vermont had a median taxpayer income of $52,575 and an average income of $72,523 for the financial year 2022. Nationally, these figures are high compared to Greater Melbourne's median of $54,892 and average of $73,761. Adjusting for Wage Price Index growth of 12.16% from financial year 2022 to September 2025, estimated incomes would be approximately $58,968 (median) and $81,342 (average). According to the 2021 Census, Vermont's household income ranks at the 68th percentile ($2,042 weekly), while personal income is at the 49th percentile. The most common income bracket in Vermont covers 31.4% of locals (3,569 people) earning between $1,500 and $2,999 weekly, similar to the broader area where 32.8% fall within this range. A substantial 30.1% earn over $3,000 weekly. After housing expenses, 85.0% of income remains for other expenses. Vermont's SEIFA income ranking places it in the 8th decile.

Vermont is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Vermont's dwelling structures, as per the latest Census data, consisted of 79.7% houses and 20.3% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 73.0% houses and 26.9% other dwellings. Home ownership in Vermont was 40.1%, with mortgaged dwellings at 40.7% and rented ones at 19.2%. The median monthly mortgage repayment in the area was $2,383, higher than Melbourne metro's $2,200. The median weekly rent figure was $426, compared to Melbourne metro's $410. Nationally, Vermont's mortgage repayments were significantly higher at $2,383 versus the Australian average of $1,863, and rents were substantially above the national figure of $375 at $426.

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

Family households account for 78.6% of all households, including 43.7% couples with children, 23.3% couples without children, and 10.6% single parent families. Non-family households constitute the remaining 21.4%, with lone person households at 19.6% and group households comprising 1.8%. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.6.

Vermont demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Vermont's educational attainment is notably high, with 42.1% of residents aged 15 and above holding university qualifications, compared to 30.4% in Australia and 31.2% in the SA4 region. Bachelor degrees are the most common, at 26.3%, followed by postgraduate qualifications (11.9%) and graduate diplomas (3.9%). Vocational credentials are also prevalent, with 25.5% of residents holding them - advanced diplomas comprise 11.8% and certificates make up 13.7%. Educational participation is high, with 32.5% of residents currently enrolled in formal education.

This includes 11.6% in primary education, 9.4% in secondary education, and 5.5% pursuing tertiary education. Vermont has 4 schools with a combined enrollment of 2,726 students. The area's ICSEA score is 1110, indicating significant socio-educational advantages and academic achievement. Education provision is balanced, with 3 primary and 1 secondary school serving distinct age groups. As an education hub, Vermont has 24.0 school places per 100 residents, significantly above the regional average of 13.4, attracting students from surrounding communities.

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

Vermont has 50 active public transport stops operating within its boundaries. These are served by a mix of bus routes totalling 16. Together, these routes facilitate 1,990 weekly passenger trips.

The accessibility of transport in Vermont is rated as excellent, with residents on average located 198 meters from the nearest stop. Across all routes, service frequency averages 284 trips per day, which equates to approximately 39 weekly trips per individual stop.

Vermont'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 Vermont.

Both young and old age cohorts saw low prevalence of common health conditions. The rate of private health cover was very high at approximately 55% of the total population (~6,307 people). The most common medical conditions in the area were asthma and arthritis, impacting 7.3 and 6.4% of residents respectively. 73.5% of residents declared themselves completely clear of medical ailments compared to 72.3% across Greater Melbourne. The area has 18.6% of residents aged 65 and over (2,114 people), which is lower than the 20.4% in Greater Melbourne. Health outcomes among seniors are above average, broadly in line with the general population's health profile.

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

Vermont has a high level of cultural diversity, with 38.5% of its population born overseas and 38.9% speaking a language other than English at home. Christianity is the predominant religion in Vermont, accounting for 41.8% of the population. However, Buddhism is overrepresented compared to Greater Melbourne, comprising 4.7% of Vermont's population versus 5.3%.

The top three ancestry groups are English (19.9%), Chinese (18.1%), and Australian (18.0%). Notably, Sri Lankan, Hungarian, and Russian ethnicities are also overrepresented in Vermont compared to regional averages: Sri Lankan at 1.0% versus 0.9%, Hungarian at 0.4% versus 0.3%, and Russian at 0.5% versus 0.3%.

Vermont's median age exceeds the national pattern

Vermont's median age is 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's average of 38 years. Compared to the Greater Melbourne average, Vermont has a notably higher proportion of individuals aged 5-14 (16.4%) but a lower proportion of those aged 25-34 (7.3%). Between 2021 and present, the 5-14 age group has increased from 15.5% to 16.4%, while the 25-34 cohort has decreased from 8.5% to 7.3%. The 0-4 age group has also dropped from 5.1% to 4.0%. By 2041, Vermont's age profile is projected to change significantly. The 45-54 age cohort is expected to grow by 370 people (23%), from 1,637 to 2,008. Conversely, both the 0-4 and 35-44 age groups are projected to decrease in number.