Woori Yallock

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

As of November 2025, the estimated population for Woori Yallock statistical area (Lv2) is around 3,022 people. This reflects an increase from the 2021 Census figure of 2,964 people, a growth of approximately 58 individuals or 2.0%. AreaSearch's estimation of resident population in June 2024 was 3,003, after examining the latest ERP data release by the ABS and validating two new addresses since the Census date. This results in a density ratio of 111 persons per square kilometer. Woori Yallock's growth rate is competitive with its SA3 area, being within 1.9 percentage points (2.0% vs 3.9%). Natural growth contributed approximately 65.0% to overall population gains recently.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and VIC State Government's Regional/LGA projections from 2023 adjusted using weighted aggregation method for areas not covered by ABS data. For years 2032 to 2041, the population is projected to decline by 48 persons overall, but specific age cohorts like the 75-84 group are expected to grow, with an increase of 81 people anticipated in this cohort.

The level of residential development activity in Woori Yallock is very low in comparison to the average area assessed nationally by AreaSearch

Woori Yallock averaged approximately one new dwelling approval annually based on AreaSearch analysis of ABS building approval numbers from statistical area data. Between FY-21 and FY-25, an estimated seven homes were approved, with none so far in FY-26.

Over the past five financial years, an average of 0.4 new residents per year arrived per new home, indicating that new supply is meeting or exceeding demand. The average construction value of these properties was $509,000, suggesting developers are targeting the premium market segment with higher-end properties. Compared to Greater Melbourne, Woori Yallock had substantially reduced construction activity, at 88.0% below the regional average per person. This limited new construction can reinforce demand and pricing for existing properties. Nationally, this activity is also below average, reflecting the area's maturity and possible planning constraints.

All new construction was comprised of detached dwellings, preserving Woori Yallock's low density nature and attracting space-seeking buyers. With an estimated 3015 people per dwelling approval, the area has a quiet, low activity development environment. Given expected population stability or decline, Woori Yallock should see reduced pressure on housing, potentially creating opportunities for buyers.

Woori Yallock has moderate levels of nearby infrastructure activity, ranking in the 47thth percentile nationally

No changes were identified by AreaSearch that could significantly affect the region's performance. A total of zero projects were pinpointed as potentially influential. Notable initiatives include Additional VLocity Trains, North East Link - Connections, North East Link - Tolling Services Package, and North East Link - Early Works.

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Woori Yallock has seen below average employment performance when compared to national benchmarks

Woori Yallock has a balanced workforce with both white and blue collar employment. The construction sector is notably prominent in the area.

As of September 2025, Woori Yallock's unemployment rate was 4.7%, matching Greater Melbourne's rate. Employment growth over the past year was estimated at 2.0%. There are currently 1,571 residents employed in Woori Yallock. The dominant employment sectors include construction, health care & social assistance, and retail trade.

Construction is particularly specialized with an employment share of 2.2 times the regional level. Professional & technical services employ just 2.8% of local workers, lower than Greater Melbourne's 10.1%. Employment opportunities locally may be limited as indicated by Census data comparing working population to resident population. In the year to September 2025, employment levels increased by 2.0%, while labour force grew by 1.2%, causing a decrease in unemployment rate of 0.7 percentage points. By comparison, Greater Melbourne recorded employment growth of 3.0% and an increase in unemployment rate of 0.3 percentage points. State-level data as of 25-Nov shows Victoria's employment grew by 1.13% year-on-year with the state unemployment rate at 4.7%. Jobs and Skills Australia forecasts national employment to expand by 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. Applying these projections to Woori Yallock's employment mix suggests local employment should increase by 5.9% over five years and 12.3% over ten years.

Income levels sit below national averages according to AreaSearch assessment

Woori Yallock's median income among taxpayers in financial year 2023 was $51,907. The average income stood at $62,588 during the same period. In comparison, Greater Melbourne's median and average incomes were $57,688 and $75,164 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Woori Yallock would be approximately $56,189 (median) and $67,752 (average) as of September 2025. Census data shows household, family, and personal incomes in Woori Yallock rank modestly between the 37th and 39th percentiles. The predominant income bracket spans 38.1% of locals (1,151 people), falling within the $1,500 - 2,999 category, which aligns with the metropolitan region's 32.8%. Housing affordability pressures are severe in Woori Yallock, with only 83.1% of income remaining, ranking at the 39th percentile.

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

Woori Yallock's dwelling structures, as per the latest Census, consisted of 99.3% houses and 0.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 93.8% houses and 6.3% other dwellings. Home ownership in Woori Yallock stood at 31.6%, with mortgaged dwellings at 55.8% and rented ones at 12.6%. The median monthly mortgage repayment was $1,733, lower than Melbourne metro's average of $1,950. Median weekly rent in Woori Yallock was $346, compared to Melbourne metro's $380. Nationally, Woori Yallock's mortgage repayments were below the Australian average of $1,863, and rents were less than the national figure of $375.

Woori Yallock has a typical household mix, with a lower-than-average median household size

Family households comprise 75.0% of all households, including 33.7% couples with children, 28.6% couples without children, and 12.4% single parent families. Non-family households make up the remaining 25.0%, with lone person households at 23.2% and group households comprising 1.9%. The median household size is 2.6 people, which is smaller than the Greater Melbourne average of 2.7.

Educational outcomes in Woori Yallock fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 11.5%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 8.1%, followed by graduate diplomas (2.0%) and postgraduate qualifications (1.4%). Vocational credentials are prevalent, with 48.1% of residents aged 15+ holding them, including advanced diplomas (11.2%) and certificates (36.9%). Educational participation is high, with 25.8% of residents currently enrolled in formal education: 10.1% in primary, 6.9% in secondary, and 2.2% in tertiary education.

Educational participation is notably high, with 25.8% of residents currently enrolled in formal education. This includes 10.1% in primary education, 6.9% in secondary education, and 2.2% pursuing tertiary education.

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

Woori Yallock has 14 active public transport stops, all of which are bus stops. There are two routes serving these stops, offering a total of 158 weekly passenger trips. The transport accessibility in Woori Yallock is rated as good, with residents typically located 370 meters from the nearest stop.

On average, there are 22 trips per day across all routes, which translates to approximately 11 weekly trips per individual stop.

Health outcomes in Woori Yallock are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts

Woori Yallock's health indicators show below-average results, with common health conditions slightly more prevalent than average across both younger and older age groups.

The area has approximately 52% (1,559 people) of its total population with private health cover, which is relatively low compared to other areas. Mental health issues affect 10.4% of residents, while asthma impacts 9.4%. Meanwhile, 65.9% of residents declare themselves completely clear of medical ailments, compared to 66.9% across Greater Melbourne. The area has 16.6% (501 people) of residents aged 65 and over, lower than the 19.4% in Greater Melbourne. Health outcomes among seniors are above average and perform better than the general population in health metrics.

The latest Census data sees Woori Yallock placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Woori Yallock, as per the census data from June 2016, showed below average cultural diversity with 89.1% of its population born in Australia, 93.3% being citizens, and 97.5% speaking English only at home. Christianity was the predominant religion, accounting for 35.2% of Woori Yallock's population. Notably, Judaism was not represented in Woori Yallock's population, compared to a regional average of 0.1%.

The top three ancestry groups were English (32.3%), Australian (31.7%), and Irish (8.1%). There were also notable differences in the representation of Dutch (4.2% vs regional 3.2%), Sri Lankan (0.4% vs 0.3%), and Hungarian (0.3% vs 0.3%) ethnic groups.

Woori Yallock's population is slightly younger than the national pattern

At age 36 years, Woori Yallock's median age is nearly matching Greater Melbourne's average of 37 years, which is modestly under the Australian median of 38 years. Compared to Greater Melbourne, Woori Yallock has a higher percentage of residents aged 0-4 (8.1%) but fewer residents aged 35-44 (13.4%). Between the 2021 Census and the present day, the population of those aged 75-84 has grown from 4.1% to 5.7%. Conversely, the percentage of residents aged 5-14 has declined from 13.3% to 12.3%. Demographic modeling suggests that Woori Yallock's age profile will significantly evolve by 2041. The 75-84 cohort is projected to grow by 42%, adding 71 residents to reach a total of 244. Senior residents aged 65 and above are expected to drive 94% of population growth, highlighting demographic aging trends. Meanwhile, the cohorts aged 35-44 and 25-34 are projected to experience population declines.