Yallambie

An assessment of population growth drivers in Yallambie reveals an overall ranking slightly below national averages considering recent, and medium term trends

The population of the Yallambie statistical area (Lv2), as estimated by AreaSearch, was around 4,134 as of Nov 2025. This figure is a decrease from the 2021 Census which reported a population of 4,161 people in the same area. The current estimate is based on an examination of resident population figures and new addresses validated since the Census date. The population density in the Yallambie (SA2) as of June 2024 was 1,406 persons per square kilometer, which is above national averages assessed by AreaSearch. Overseas migration contributed approximately 86.0% of overall population gains in recent periods for the area.

AreaSearch's projections for the Yallambie (SA2) are based on ABS/Geoscience Australia data released in 2024 with a base year of 2022. For areas not covered by this data, VIC State Government's Regional/LGA projections released in 2023 are used, adjusted employing weighted aggregation methods. By 2041, the Yallambie (SA2) is projected to experience significant population growth, with an increase of 1,436 persons. This reflects a gain of 35.7% over the 17-year period from 2024 to 2041, based on aggregated SA2-level projections.

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

AreaSearch analysis of ABS building approval numbers for Yallambie shows approximately 1 residential property granted approval annually. Over the past five financial years, from FY21 to FY25, around 7 homes were approved, with an additional 2 approved so far in FY26.

The population has fallen during this period, suggesting that new supply is keeping pace with demand and offering good choice for buyers. The average construction cost value of new homes is $650,000, indicating a focus on the premium market segment. Compared to Greater Melbourne, Yallambie has significantly less development activity, which generally supports stronger demand and values for established homes. This limited supply is also below national averages, reflecting the area's maturity and possible planning constraints. Recent building activity consists entirely of standalone homes, maintaining Yallambie's traditional suburban character with a focus on family homes.

There are approximately 4182 people per dwelling approval in the location, demonstrating an established market. Population forecasts indicate Yallambie will gain 1,474 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Yallambie has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified two projects likely affecting this region: North East Link Environmental Parklands and Plenty River Trail Upgrades. Other notable projects are Montmorency North Pavilion Refurbishment and Hurstbridge Rail Line Upgrades (Watsonia-Eltham). The following details projects most relevant to the area.

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

Yallambie has a well-educated workforce with significant representation in essential services sectors. The unemployment rate is 2.3%, lower than Greater Melbourne's 4.7%.

Workforce participation is high at 70.9% compared to Greater Melbourne's 64.1%. Key industries of employment are public administration & safety, health care & social assistance, and education & training. Public administration & safety employs 4.6 times the regional level but manufacturing only employs 4.4%, below Greater Melbourne's 7.2%. The area appears to offer limited local employment opportunities.

Over the past year, employment remained stable while labour force decreased by 0.3%, causing unemployment to fall by 0.3 percentage points. This contrasts with Greater Melbourne where employment rose by 3.0% and unemployment rose by 0.3 percentage points. In Victoria as of 25-Nov-25, employment grew by 1.13% year-on-year, with the state unemployment rate at 4.7%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Yallambie's employment mix suggests local employment should increase by 6.4% over five years and 13.3% over ten years.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows median income in Yallambie suburb is $68,751. The average income stands at $92,791. This contrasts with Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 8.25% since June 2023, current estimates for Yallambie are approximately $74,423 (median) and $100,446 (average) as of September 2025. According to the 2021 Census, household, family, and personal incomes in Yallambie rank between the 80th and 84th percentiles nationally. Income brackets indicate that 35.8% of residents earn between $1,500 and $2,999 weekly (1,479 individuals). Higher earners make up a substantial presence with 34.2% exceeding $3,000 weekly. After housing costs, residents retain 87.6% of income. The area's SEIFA income ranking places it in the 7th decile.

Yallambie is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Yallambie's dwelling structure, as per the latest Census, consisted of 89.3% houses and 10.7% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 76.0% houses and 24.0% other dwellings. Home ownership in Yallambie was at 34.1%, with mortgaged dwellings at 39.3% and rented ones at 26.6%. The median monthly mortgage repayment was $2,167, aligning with Melbourne metro's average, while the median weekly rent was $340, compared to Melbourne metro's $2,167 and $399 respectively. Nationally, Yallambie's mortgage repayments were higher at $2,167 than the Australian average of $1,863, and rents were lower at $340 compared to the national figure of $375.

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

Family households comprise 83.3% of all households, including 47.7% couples with children, 23.9% couples without children, and 11.6% single parent families. Non-family households account for the remaining 16.7%, with lone person households at 15.7% and group households comprising 0.8%. The median household size is 2.8 people, which is larger than the Greater Melbourne average of 2.5.

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

Yallambie residents aged 15 and above have a university degree qualification rate of 34.5%, compared to the SA3 area's 41.2%. The most common degree held is Bachelor's at 21.7%, followed by postgraduate qualifications (8.8%) and graduate diplomas (4.0%). Vocational credentials are also prevalent, with 32.6% of residents holding such qualifications, including advanced diplomas (13.2%) and certificates (19.4%). Educational participation is high, with 30.7% of residents currently enrolled in formal education.

This includes 10.4% in primary education, 8.2% in secondary education, and 5.4% pursuing tertiary education.

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

Yallambie has 18 active public transport stops, all of which are bus stops. There are three different bus routes serving these stops, together offering 1,377 weekly passenger trips. The accessibility of public transport in Yallambie is rated as good, with residents being an average of 233 meters away from the nearest stop.

On average, there are 196 trips per day across all routes, which translates to about 76 weekly trips per individual stop.

Yallambie's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Yallambie's health outcomes data shows excellent results across younger cohorts with low prevalence of common health conditions. Approximately 63% (2,620 people) have private health cover, higher than Greater Melbourne's 60.9% and the national average of 55.7%. Asthma and arthritis are the most common conditions, affecting 7.0% and 6.8% respectively.

75.1% of residents report no medical ailments, compared to 69.3% in Greater Melbourne. The area has 14.0% (578 people) aged 65 and over, lower than Greater Melbourne's 19.8%. Health outcomes among seniors require more attention despite being above average.

The level of cultural diversity witnessed in Yallambie was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Yallambie's cultural diversity is above average, with 21.5% of its population born overseas and 18.8% speaking a language other than English at home. Christianity is the dominant religion in Yallambie, comprising 46.9% of people. Notably, Judaism is overrepresented compared to Greater Melbourne, making up 0.1% versus 0.2%.

The top three ancestry groups are English (25.1%), Australian (23.1%), and Irish (8.5%). Some ethnic groups show notable differences: Italian is overrepresented at 6.7%, Macedonian at 0.6%, and Sri Lankan at 0.6% compared to regional percentages of 7.7%, 1.1%, and 0.5% respectively.

Yallambie's population is younger than the national pattern

Yallambie's median age in 2021 was 35 years, which is slightly younger than Greater Melbourne's 37 and the national average of 38 years. The percentage of the population aged 15-24 in Yallambie was 16.2%, higher than Greater Melbourne's figure. However, the 25-34 age group made up 12.8% of Yallambie's population, which is less prevalent compared to other areas. Between 2021 and the present, the percentage of the population aged 75-84 has increased from 4.6% to 5.7%, while the 15-24 age group has risen from 15.1% to 16.2%. Conversely, the 25-34 age group has decreased from 13.7% to 12.8%. Population forecasts for Yallambie in 2041 indicate significant demographic changes, with the 45-54 age cohort projected to increase by 268 people (48%), from 562 to 831.