Victoria Park

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

Based on an evaluation of ABS population updates for the wider region alongside newly confirmed addresses verified by AreaSearch since the Census, the suburb of Victoria Park has a projected population of approximately 10,771 as of May 2026. This represents an expansion of 1,437 residents (15.4%) relative to the 2021 Census, which counted 9,334 individuals. This shift is calculated from a resident population of 10,769, estimated by AreaSearch using the latest ABS ERP release (June 2025) plus 36 validated new addresses registered after the Census date. Such a population size results in a density of 4,111 persons per square kilometer, placing the locality in the top 10% of all national areas analyzed by AreaSearch, highlighting the high demand for local land. The growth rate of 15.4% since the 2021 census outpaced the national figure (9.3%), positioning the area as a regional growth leader. This population rise was mainly fueled by overseas migration, which accounted for roughly 83.0% of the total demographic gains in recent times.

AreaSearch incorporates ABS/Geoscience Australia projections for each SA2 region, published in 2024 with a 2022 baseline. For SA2 territories lacking this data, and to project trends beyond 2032, AreaSearch uses cohort-specific growth rates from the latest Greater Capital Region projections released by the ABS in 2023, which are grounded in 2022 statistics. Based on these anticipated demographic trends, the suburb of Victoria Park is projected to experience population growth exceeding the national median, gaining 1,766 residents by 2041 according to compiled SA2 projections, representing a total increase of 16.4% over the 16 years.

AreaSearch assessment of residential development activity positions Victoria Park among the top 25% of areas assessed nationwide

According to AreaSearch's evaluation of ABS building approval statistics distributed from statistical areas, the suburb of Victoria Park recorded an annual average of about 57 new dwelling approvals, totaling approximately 288 residences over the previous 5 financial years. In the current financial year of FY-26, 33 approvals have been logged. With an average of 3.8 new residents added for every finished home between FY-21 and FY-25, demand outstrips new supply, a scenario that typically drives up prices and intensifies buyer rivalry, while new builds carry an average valuation of $761,000, pointing to developer emphasis on upmarket, premium properties. Furthermore, $13.0 million in commercial project approvals have been registered during this financial year, indicating a moderate pace of commercial development.

In comparison to Greater Perth, the suburb of Victoria Park shows equivalent per capita development volumes, sustaining a market equilibrium aligned with the broader metropolitan area. Recent residential approvals consist of 24.0% detached homes and 76.0% medium to high-density projects. This shift toward denser housing provides affordable entry points and attracts downsizers, property investors, and first-time buyers. The area has approximately 194 people for each approved dwelling, pointing to a growing market.

Looking forward, the suburb of Victoria Park is projected to add 1,764 residents by 2041, based on the most recent quarterly estimates from AreaSearch. Construction activity is progressing at a reasonable rate relative to this projected growth, though purchasers may face heightened competition as the population climbs.

Victoria Park has moderate levels of nearby infrastructure activity, ranking in the 43rdth percentile nationally

Local infrastructure projects, major planning schemes, and development initiatives are primary drivers of local performance. AreaSearch has identified 18 projects expected to influence the area. Principal developments include Perth Park (Perth Entertainment and Sporting Precinct), the Edward Millen Adaptive Heritage and Landscape Redevelopment, the 167-169 Bank Street project, and the 16 Leonard Street Seniors Housing development, with the following list outlining the most relevant projects.

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Victoria Park ranks among the top 25% of areas assessed nationally for overall employment performance

The suburb of Victoria Park possesses a highly qualified workforce with professional services heavily represented, an unemployment rate of only 2.5%, and an estimated job growth of 1.1% over the prior year, according to AreaSearch's compiled statistical area data. As of March 2026, 7,270 local residents are employed, while the jobless rate sits 1.7% below the Greater Perth average of 4.2%, and the participation rate is exceptionally high at 78.2% compared to 70.2% for Greater Perth. Census records indicate that a minor 8.6% of employed residents worked from home, though this may have been influenced by COVID-19 restrictions.

Resident employment is primarily clustered within healthcare & social assistance, professional & technical services, and education & training. The suburb exhibits a notable concentration in professional & technical fields, with employment shares reaching 1.5 times the regional norm. In contrast, manufacturing has a smaller footprint at 2.9% compared to the regional benchmark of 5.5%. Although there are local jobs available, the ratio of Census workers to the local population indicates that a significant portion of residents travel outside the area for work.

According to AreaSearch's assessment of SALM and ABS statistics aggregated from broader statistical regions, the 12 months leading to March 2026 saw employment expand by 1.1% and the labour force grow by 1.4%, leading to a 0.2 percentage point rise in the unemployment rate. This compares to Greater Perth, where employment rose by 2.0%, the labour force grew by 2.5%, and unemployment ticked up by 0.4 percentage points. National employment forecasts from Jobs and Skills Australia published in May-25 offer additional context on future demand within the suburb of Victoria Park. These projections, spanning five and ten-year horizons, have been applied to the local workforce structure to model future employment trends. While national employment is projected to grow by 6.6% over five years and 13.7% over ten years, trends vary by sector. Projecting these industry-specific trends onto the local employment profile suggests the suburb of Victoria Park's employment base could expand by 6.7% over five years and 13.8% over ten years, representing a basic weighted extrapolation that does not account for local population projections.

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

Based on AreaSearch's compilation of the most recent postcode-level ATO statistics released for the 2023 financial year, taxpayers in the suburb of Victoria Park recorded a median income of $60,564 and an average income of $80,727. These levels are among the highest nationwide, compared to $60,748 and $80,248 across Greater Perth. Factoring in a Wage Price Index increase of 10.93% since financial year 2023, current estimates correspond to roughly $67,184 for the median and $89,550 for the average as of March 2026. Data from the 2021 Census highlights that individual earnings are in the 82nd percentile nationally ($1,047 weekly), whereas household incomes are lower, positioning at the 54th percentile. Income distribution shows that 32.4% of the population (3,489 residents) earn between $1,500 and $2,999, closely matching the Greater Perth average of 32.0%. High housing expenses account for 16.5% of incomes, but solid earnings keep disposable income at the 55th percentile, with the area's SEIFA income index ranking in the 7th decile.

Victoria Park displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region

At the time of the latest Census, the housing composition in the suburb of Victoria Park consisted of 38.4% detached houses and 61.6% other housing types, including semi-detached properties, apartments, and alternative dwellings, compared to the Perth metro split of 77.8% houses and 22.1% other dwellings. Furthermore, home ownership in the suburb of Victoria Park was lower than the Perth metro average, sitting at 20.3%, while the remaining properties were either mortgaged (25.8%) or occupied by renters (53.9%). The median monthly mortgage payment in the area was $1,946, exceeding the Perth metro average of $1,907, whereas the median weekly rent was $345, slightly below the Perth metro benchmark of $350. Nationally, mortgage costs in the suburb of Victoria Park exceed the Australian median of $1,863, while rental costs remain below the national figure of $375.

Victoria Park features high concentrations of group households and lone person households, with a lower-than-average median household size

Families represent 55.1% of all households in the suburb of Victoria Park, consisting of 19.1% couples with children, 28.1% couples without children, and 6.0% single parent families. Non-family households account for the remaining 44.9% of the total, with single-person households representing 36.9% and group households making up 8.0%. The median household size of 2.1 persons is smaller than the Greater Perth average of 2.6.

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

Educational qualifications in the suburb of Victoria Park are substantially higher than regional averages, with 46.2% of residents aged 15 and older holding a university degree, compared to 27.9% across Western Australia and 29.9% in the SA4 region. This educational profile positions the community well for professional services and knowledge-based roles. Bachelor degrees are the most common qualification at 29.2%, followed by postgraduate degrees at 13.3% and graduate diplomas at 3.7%. Technical and vocational qualifications are also common, with 28.0% of the population aged 15 and over holding vocational credentials, comprising advanced diplomas (11.4%) and certificates (16.6%).

Participation in education is high, with 30.1% of residents currently undertaking formal study. This cohort includes 11.4% enrolled in higher education, 7.1% in primary schools, and 3.8% attending secondary schools.

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

Public transport infrastructure includes 55 active stops throughout the suburb of Victoria Park, comprising a combination of train stations and bus stops. These services are operated across 28 distinct routes, facilitating 6,282 passenger trips each week. Transport connection is rated as excellent, with residents living an average of 129 meters from their nearest stop. Because the area is mostly residential, the majority of workers commute to outer areas, with private vehicles remaining the primary mode of travel at 65%, followed by buses at 21% and trains at 6%. Car ownership averages 0.9 vehicles per household, which is below the regional average. A low 8.6% of residents worked from home according to the 2021 Census, which may reflect the pandemic context of that period.

Service frequency averages 897 trips daily across all transport routes, representing approximately 114 weekly trips per stop.

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

Health metrics show excellent outcomes throughout the suburb of Victoria Park, according to AreaSearch's evaluation of mortality data and chronic illness rates, which reveals a low prevalence of common medical issues across all age groups. Additionally, private health insurance coverage is high, representing approximately 59% of the population (6,381 people).

Mental health conditions and asthma are the most common medical issues, affecting 8.9% and 6.3% of residents respectively, while 75.4% of the population reported no chronic medical conditions, compared to 71.9% across Greater Perth. The working-age population is exceptionally healthy, showing a low incidence of chronic illnesses. Residents aged 65 and older represent 13.8% of the population (1,486 people), which is below the Greater Perth average of 16.1%. Senior residents experience strong health outcomes, with national rankings aligning with the broader population trends.

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

The suburb of Victoria Park displays a high degree of cultural diversity, with 31.9% of the population speaking a language other than English at home and 46.1% born outside Australia. Christianity is the most common religious affiliation, representing 34.4% of the population. Hinduism shows a notable overrepresentation, accounting for 7.1% of residents compared to 2.5% across Greater Perth.

Regarding parental country of birth, the three largest ancestry groups in the suburb of Victoria Park are English at 23.4%, Australian at 16.9%, and Other at 16.7%, which is higher than the regional average of 11.2%. There are also differences in the representation of other ethnic backgrounds: Indian ancestry is represented at 4.4% (compared to 2.6% regionally), Korean at 0.6% (compared to 0.3%), and Italian at 4.7% (compared to 4.2%).

Victoria Park's population is younger than the national pattern

The median age of 35 years in the suburb of Victoria Park is younger than the Greater Perth average of 37 and the national average of 38. The 25 to 34 age bracket is well represented at 24.3% of the population, whereas children aged 5 to 14 represent a lower share at 7.5%. This concentration of residents aged 25 to 34 is higher than the national average of 14.6%. Since 2021, the cohort aged 75 to 84 has increased from 2.8% to 4.0% of the population, while the group aged 0 to 4 has decreased from 5.2% to 4.0%. Projections for 2041 indicate demographic shifts for the suburb of Victoria Park. The group aged 75 to 84 is expected to rise by 419 people (97%), growing from 430 to 850. Combined, residents aged 65 and over will account for 50% of the total population growth, reflecting an aging population structure. Conversely, the 5 to 14 and 35 to 44 cohorts are projected to decrease in size.