Wy Yung

Wy Yung lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Based on ABS population updates, AreaSearch estimates Wy Yung's population at around 2,220 as of Nov 2025. This reflects an increase of 280 people since the 2021 Census, which reported a population of 1,940. The change is inferred from AreaSearch's estimated resident population of 2,103 in Jun 2024 and 92 validated new addresses since the Census date. Wy Yung's growth rate of 14.4% since 2021 exceeded its SA3 area (6.4%) and non-metro areas, marking it as a regional growth leader. Interstate migration contributed approximately 54.0% of overall population gains during recent periods. AreaSearch uses 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, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Population projections indicate a significant increase in the top quartile of national regional areas, with Wy Yung expected to grow by 823 persons to 2041, reflecting an increase of 32.0% over the 17-year period.

AreaSearch analysis of residential development drivers sees Wy Yung recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers shows Wy Yung has had approximately 24 new homes approved annually. Between FY-21 and FY-25, around 123 homes were approved, with a further 6 approved in FY-26. Over these five years, an average of 0.1 new residents per year was associated with each dwelling constructed.

This suggests that new supply is meeting or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts. The average construction value of new homes is $408,000, indicating a focus on the premium segment. In FY-26, $1.4 million in commercial approvals have been registered, suggesting minimal commercial development activity. Compared to Rest of Vic., Wy Yung has seen elevated construction levels, with 39.0% more approvals per person over the five-year period.

This maintains good buyer choice while supporting existing property values, although recent construction activity has eased slightly. The area's building activity consists entirely of detached houses, preserving its traditional low-density character and appealing to those seeking family homes with space. With approximately 114 people per dwelling approval, Wy Yung indicates an expanding market. According to AreaSearch's latest quarterly estimate, the area is expected to grow by 710 residents through to 2041. Current development levels appear aligned with future requirements, maintaining stable market conditions without significant price pressures.

Wy Yung has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified four projects expected to influence the region: Quest Bairnsdale, Dan Murphy's Bairnsdale, Princes Highway and McEacharn Street Intersection Upgrade, and Wy Yung Acres Rural Lifestyle Subdivision. The following details those most pertinent.

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Employment performance in Wy Yung has been broadly consistent with national averages

Wy Yung has a balanced workforce comprising white and blue collar jobs, with significant representation from essential services sectors. As of September 2025, the unemployment rate is 4.0%, with an estimated employment growth of 4.9% over the past year.

There are 1,021 residents employed, with an unemployment rate of 3.8% above Rest of Vic.'s rate and workforce participation similar to Rest of Vic.'s 57.4%. Key industries include health care & social assistance, construction, and education & training, with a particular specialization in the latter at 1.3 times the regional level. Agriculture, forestry & fishing employs only 3.2% of local workers, below Rest of Vic.'s 7.5%. The ratio of 0.6 workers per resident indicates employment opportunities above average.

Between September 2024 and September 2025, employment levels increased by 4.9%, while the labour force rose by 3.9%, leading to a decrease in unemployment rate by 0.9 percentage points. In contrast, Rest of Vic. saw employment contract by 0.7% during this period. State-wide, Victoria's employment grew by 1.13% year-on-year as of 25-November, adding 41,950 jobs, with an unemployment rate of 4.7%. National employment forecasts from May-25 project a growth of 6.6% over five years and 13.5% over ten years for Wy Yung, based on its current employment mix.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch aggregated latest postcode level ATO data released for financial year 2023. Wy Yung's median taxpayer income was $50,781, with an average of $60,342. These figures are lower than national averages of $50,954 and $62,728 respectively in Rest of Vic. Using Wage Price Index growth of 8.25% since financial year 2023, estimated incomes for September 2025 are approximately $54,970 (median) and $65,320 (average). Census data shows household, family, and personal incomes rank modestly in Wy Yung, between the 33rd and 36th percentiles. The predominant income cohort is 34.6% of locals (768 people) earning $1,500 - 2,999, similar to metropolitan regions at 30.3%. Housing costs are manageable with 88.6% retained, but disposable income ranks below average at the 41st percentile. Wy Yung's SEIFA income ranking places it in the 5th decile.

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

Wy Yung's dwelling structure, as per the latest Census, consisted of 88.3% houses and 11.7% other dwellings (semi-detached, apartments, 'other' dwellings). This compared to Non-Metro Vic.'s 90.9% houses and 9.2% other dwellings. Home ownership in Wy Yung was at 47.4%, with mortgaged dwellings at 36.2% and rented ones at 16.3%. The median monthly mortgage repayment was $1,517, higher than Non-Metro Vic.'s average of $1,300. Median weekly rent in Wy Yung was $278, compared to Non-Metro Vic.'s $268. Nationally, Wy Yung's mortgage repayments were lower at $1,517 vs Australia's $1,863, and rents were substantially below the national figure of $375.

Wy Yung has a typical household mix, with a higher-than-average median household size

Family households constitute 74.0% of all households, including 30.2% couples with children, 35.1% couples without children, and 8.1% single parent families. Non-family households comprise the remaining 26.0%, with lone person households at 24.8% and group households making up 1.4% of the total. The median household size is 2.5 people, larger than the Rest of Vic. average of 2.2.

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

The area's university qualification rate is 16.5%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 11.1%, followed by graduate diplomas (3.1%) and postgraduate qualifications (2.3%). Vocational credentials are prevalent, with 41.3% of residents aged 15+ holding such qualifications, including advanced diplomas (11.9%) and certificates (29.4%). A total of 24.9% of the population is actively engaged in formal education, comprising 9.5% in primary, 7.0% in secondary, and 1.5% in tertiary education.

A substantial 24.9% of the population actively pursues formal education. This includes 9.5% in primary education, 7.0% in secondary education, and 1.5% pursuing tertiary education.

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

Wy Yung has five active public transport stops, all of which are bus stops. These stops are served by one route in total, offering 20 weekly passenger trips combined. The transport accessibility is rated as good, with residents on average being located 328 meters from the nearest stop.

The service frequency averages two trips per day across all routes, equating to approximately four weekly trips per individual stop.

Health performance in Wy Yung is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Wy Yung faces significant health challenges with common health conditions prevalent across both younger and older age cohorts. The rate of private health cover is relatively low at approximately 51% of the total population (~1,126 people), compared to 46.6% across Rest of Vic. The national average is 55.7%.

The most common medical conditions are arthritis and mental health issues, impacting 10.4 and 7.6% of residents respectively, while 67.8% declare themselves completely clear of medical ailments compared to 60.1% across Rest of Vic. The area has 21.9% of residents aged 65 and over (486 people), which is lower than the 30.5% in Rest of Vic. Health outcomes among seniors are above average, performing better than the general population in health metrics.

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

Wy Yung had a cultural diversity below average, with 90.4% of its population born in Australia, 93.7% being citizens, and 97.1% speaking English only at home. Christianity was the main religion in Wy Yung, comprising 50.5% of people, compared to 44.9% across Rest of Vic. The top three ancestry groups were English (33.1%), Australian (31.9%), and Scottish (9.0%).

Notably, Dutch (2.2%) was overrepresented in Wy Yung compared to the regional figure of 1.9%, as were Welsh (0.7% vs 0.5%) and Italian (4.7% vs 2.5%).

Wy Yung hosts an older demographic, ranking in the top quartile nationwide

Wy Yung's median age of 45 years exceeds Rest of Vic.'s 43 by two years and is seven years older than the national norm of 38. Compared to the Rest of Vic. average, Wy Yung has a notably higher proportion of the 55-64 cohort (14.1% locally) and a lower proportion of the 75-84 age group (7.1%). Between 2021 and present, Wy Yung's population aged 15 to 24 grew from 9.5% to 11.1%, while those aged 35 to 44 increased from 9.7% to 11.2%. Conversely, the 55 to 64 cohort declined from 15.4% to 14.1%. Demographic modeling indicates significant changes in Wy Yung's age profile by 2041. The 25 to 34 age group is projected to grow significantly, increasing by 178 people (71%) from 250 to 429. In contrast, the 75 to 84 cohort shows minimal growth of just 4% (6 people).