Vermont South

Vermont South is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

The population of Vermont South is estimated at around 12,302 as of February 2026. This reflects an increase of 348 people since the 2021 Census, which reported a population of 11,954 people. The change was inferred from AreaSearch's estimation of the resident population at 12,275 following examination of the latest ERP data release by ABS in June 2024 and an additional 76 validated new addresses since the Census date. This level of population equates to a density ratio of 1,990 persons per square kilometer, which is above average national locations assessed by AreaSearch. Vermont South's growth rate of 2.9% since census positions it within 1.9 percentage points of the SA3 area (4.8%), demonstrating competitive growth fundamentals. Population growth for the suburb was primarily driven by overseas migration during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing weighted aggregation of population growth from LGA to SA2 levels. Considering projected demographic shifts, Vermont South is expected to increase by just below the median of Australian statistical areas by 2041, with an estimated increase of 1,080 persons reflecting an 8.6% total increase over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Vermont South, placing the area among the bottom 25% of areas assessed nationally

Vermont South has seen around 34 residential properties granted approval per year over the past five financial years ending FY26. A total of 172 homes were approved during this period, with 12 approvals recorded so far in FY26. The average expected construction cost value for new homes is $812,000, indicating a focus on premium market properties. Additionally, $14.2 million in commercial approvals have been registered in the current financial year.

Compared to Greater Melbourne, Vermont South records about three-quarters of the building activity per person and places among the 41st percentile nationally, suggesting relatively constrained buyer choice for new dwellings. New building activity comprises 42.0% standalone homes and 58.0% townhouses or apartments, reflecting a shift from the current housing mix of 88.0% houses. The area has approximately 394 people per dwelling approval, indicating an established population. Population forecasts suggest Vermont South will gain 1,053 residents by 2041, with building activity keeping pace with growth projections despite potential increased competition among buyers as the population grows.

Population forecasts indicate Vermont South will gain 1,053 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.

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

The performance of an area can significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 15 such projects that could impact the area. Notable projects include the 289-291 Morack Road Townhouses, Wantirna Health Precinct West, Billabong Park Master Plan, and Oak Place by Stockland. The following list details those projects likely 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 places Vermont South well above average for employment performance across multiple indicators

Vermont South has a highly educated workforce with professional services well represented. The unemployment rate was 2.3% in the past year, with an estimated employment growth of 1.4%. As of December 2025, 6,208 residents were employed at a 2.5% lower unemployment rate than Greater Melbourne's 4.8%.

Workforce participation lagged significantly at 59.7%, compared to Greater Melbourne's 71.3%. A high 36.7% of residents worked from home, potentially influenced by Covid-19 lockdowns. Key industries for employment were health care & social assistance, professional & technical services, and retail trade.

Construction had a limited presence with 7.5% employment compared to the regional average of 9.7%. Employment opportunities locally appeared limited due to the predominantly residential nature of the area. Between December 2024 and December 2025, employment levels increased by 1.4%, while labour force grew by 1.6%, leading to a slight unemployment rise of 0.1 percentage points. In contrast, Greater Melbourne saw employment growth of 2.4% and labour force growth of 2.8%, with unemployment rising by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Vermont South's employment mix suggests local employment should increase by 6.7% over five years and 13.8% over ten years, though this is a simple weighting extrapolation for illustrative purposes only.

The area's income profile falls below national averages based on AreaSearch analysis

According to AreaSearch's aggregation of ATO data released on June 30, 2023, Vermont South had a median taxpayer income of $47,165 and an average income of $65,062. These figures are below the national averages of $57,688 and $75,164 respectively for Greater Melbourne. By September 2025, based on an 8.25% Wage Price Index growth since June 30, 2023, estimated median income would be approximately $51,056 and average income around $70,430. The 2021 Census data ranks Vermont South's household income at the 62nd percentile ($1,944 weekly) and personal income at the 31st percentile. In terms of income distribution, 28.3% (3,481 individuals) fall within the $1,500 - $2,999 range, similar to the surrounding region's 32.8%. Notably, 30.4% of households have high weekly earnings exceeding $3,000, suggesting strong consumer spending power after housing expenses. With 86.5% of income remaining for other expenses, Vermont South's SEIFA income ranking places it in the 8th decile.

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

Vermont South's dwelling structures, as per the latest Census, comprised 88.3% houses and 11.7% other dwellings. In comparison, Melbourne metro had 67.9% houses and 32.1% other dwellings. Home ownership in Vermont South stood at 50.7%, with mortgaged dwellings at 34.7% and rented ones at 14.6%. The median monthly mortgage repayment was $2,383, exceeding Melbourne metro's average of $2,000. Median weekly rent in Vermont South was $496, higher than Melbourne metro's $390. Nationally, Vermont South's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

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

Family households account for 81.3% of all households, including 40.8% couples with children, 30.0% couples without children, and 9.4% single parent families. Non-family households make up the remaining 18.7%, consisting of 16.7% lone person households and 2.1% group households. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.6.

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

Vermont South has a notably high level of educational attainment, with 43.0% of residents aged 15 years and above holding university qualifications. This figure surpasses both the Australian average of 30.4% and the SA4 region average of 31.2%, indicating a significant educational advantage for the area. Bachelor degrees are the most prevalent at 26.7%, followed by postgraduate qualifications at 12.7% and graduate diplomas at 3.6%. Vocational pathways account for 23.6% of qualifications among those aged 15 years and above, with advanced diplomas making up 11.6% and certificates 12.0%.

Educational participation is high in the area, with 29.1% of residents currently enrolled in formal education. This includes 8.5% enrolled in secondary education, 8.1% in primary education, and 6.9% pursuing tertiary education.

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

Vermont South has 51 operational public transport stops, offering a mix of light rail and bus services. These stops are served by 16 distinct routes, facilitating 5,253 weekly passenger trips in total. The area's transport accessibility is deemed good, with residents typically residing 260 meters from their nearest stop. Primarily residential, most commuters travel outward, with cars being the dominant mode at 88%, while train use stands at 7%. On average, there are 1.7 vehicles per dwelling, exceeding the regional norm. Notably, 36.7% of residents work from home (as per the 2021 Census; this figure may be influenced by COVID-19 conditions).

Across all routes, service frequency averages 750 trips daily, equating to approximately 103 weekly trips per individual stop.

Vermont South's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Vermont South shows excellent health outcomes based on AreaSearch's evaluation of mortality rates and chronic condition prevalence. The area has a very low prevalence of common health conditions across all age groups.

Approximately 53% (~6,467 people) have private health cover, slightly higher than the average SA2 area but lower than Greater Melbourne's 56.7%. The most prevalent medical conditions are arthritis (7.5%) and asthma (5.9%). About 72.1% of residents report no medical ailments, similar to Greater Melbourne's 72.6%. Around 27.9% (~3,432 people) are aged 65 and over, higher than Greater Melbourne's 15.1%. Health outcomes among seniors align with national rankings, in line with the general population.

Vermont South 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 South has a high level of cultural diversity, with 47.3% of its residents speaking a language other than English at home and 47.3% born overseas. Christianity is the predominant religion in Vermont South, comprising 46.9% of the population. However, Buddhism is notably overrepresented, making up 6.0% compared to the regional average of 4.2%.

The top three ancestry groups in Vermont South are Chinese at 24.8%, English at 17.4%, and Australian at 14.0%. Some other ethnic groups are also overrepresented: Sri Lankan at 1.4%, Greek at 4.1%, and Korean at 0.7%.

Vermont South hosts an older demographic, ranking in the top quartile nationwide

The median age in Vermont South is 46 years, which exceeds Greater Melbourne's average of 37 years and is also higher than Australia's median age of 38 years. Compared to Greater Melbourne, the 75-84 age cohort is notably over-represented in Vermont South at 11.3%, while the 25-34 age group is under-represented at 9.8%. The percentage of the 75-84 age group has increased from 8.9% to 11.3% since the 2021 Census, while the 65-74 cohort has declined from 13.8% to 12.3%. By 2041, population forecasts indicate that Vermont South's 85+ age group will grow significantly by 400 people (76%), from 528 to 929. Those aged 65 and above are projected to comprise 62% of the total growth in population. Conversely, the 0-4 and 35-44 age groups are expected to experience population declines.