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Sales Activity
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Population
An assessment of population growth drivers in Yallambie reveals an overall ranking slightly below national averages considering recent, and medium term trends
As of Nov 2025, the estimated population of Yallambie is around 4,192, reflecting an increase of 31 people since the 2021 Census which reported a population of 4,161. This change is inferred from AreaSearch's estimation of the resident population at 4,167 following examination of ABS' latest ERP data release in June 2024 and validation of 8 new addresses since the Census date. This results in a population density ratio of 1,425 persons per square kilometer, above the national average assessed by AreaSearch. Overseas migration contributed approximately 86% 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, it utilises VIC State Government's Regional/LGA projections from 2023 with adjustments made employing weighted aggregation of population growth from LGA to SA2 levels. Considering projected demographic shifts, the suburb is forecasted to experience significant population increase by 2041, with an expected expansion of 1,393 persons reflecting a gain of 32.8% over the 17 years.
Frequently Asked Questions - Population
Development
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 in Yallambie shows around 2 residential properties granted approval annually. Approximately 10 homes have been approved over the past 5 financial years, from FY-21 to FY-25, with an additional 2 approved so far in FY-26. The population decline during this period suggests new supply has likely kept up with demand, providing good choice for buyers.
The average construction value of these homes is $650,000, slightly above the regional average, indicating a focus on quality developments. This financial year, $1.1 million in commercial approvals have been registered, suggesting a predominantly residential focus. Compared to Greater Melbourne, Yallambie has substantially reduced construction activity, with 93.0% below the regional average per person. This scarcity of new homes typically strengthens demand and prices for existing properties. However, development activity has picked up in recent periods, though it remains below national averages, reflecting the area's maturity and possible planning constraints.
Recent development has been entirely comprised of standalone homes, preserving Yallambie's suburban nature and attracting space-seeking buyers. The location has approximately 1673 people per dwelling approval, demonstrating an established market. Population forecasts indicate Yallambie will gain 1,373 residents by 2041. If current construction levels persist, housing supply could lag population growth, potentially intensifying buyer competition and underpinning price growth.
Frequently Asked Questions - Development
Infrastructure
Yallambie has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes to local infrastructure can significantly impact an area's performance. AreaSearch has identified two projects that are likely to affect the region. Notable projects include North East Link Environmental Parklands, Plenty River Trail Upgrades, Montmorency North Pavilion Refurbishment, and Hurstbridge Rail Line Upgrades (Watsonia-Eltham). The following list details those most relevant:.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Eastern Freeway Upgrades
Comprehensive overhaul of the Eastern Freeway delivered in three stages: (1) Burke Road to Tram Road (under construction), (2) Hoddle Street to Burke Road, (3) Tram Road to Springvale Road. Program includes over 45km of new express lanes, Melbourne's first dedicated 7km express busway, smart traffic management technology, upgraded interchanges, 11km+ of new/upgraded noise walls, new walking and cycling paths and bridges including bridge over Yarra River, connection to North East Link tunnels in Bulleen, and two park and rides at Bulleen and Doncaster. Will reduce travel times by up to 11 minutes between Hoddle Street and Springvale Road, with peak speeds increasing from 45km/h to 85km/h. Part of broader North East Link Program. Total program completion 2028.
Eltham and Diamond Creek Major Activity Centres Structure Plans
Comprehensive planning framework implementing the 2020 Structure Plans for Eltham and Diamond Creek through Amendments C143 and C144. The project guides sustainable growth, land use, and built form character across the activity centres until 2030. As of late 2025, Amendment C143 (Eltham Part A) has been submitted for Ministerial approval, while Amendment C144 (Diamond Creek) is scheduled for an independent panel hearing in December 2025.
M80 Ring Road Completion
Final stage completing the M80 Ring Road upgrade between Plenty Road (Greensborough) and the North East Link tunnels (Watsonia). Delivers 14 km of new lanes, express lanes to North East Link, new interchanges at Plenty Road and Grimshaw Street, landscaped bridges at Elder Street and Watsonia Road, over 10 km of walking and cycling paths, and smart freeway technology. Expected to remove up to 19,000 vehicles per day from local roads.
North East Link
North East Link is Victoria's largest road transport project, delivering Australia's longest road tunnels: twin 6.5km three-lane tunnels connecting the M80 Ring Road at Greensborough/Watsonia to the Eastern Freeway at Bulleen, completing the Melbourne orbital freeway network. The $26.1 billion project (Spark Consortium PPP) will remove 15,000 trucks from local roads daily, cut travel times by up to 35 minutes for 135,000 vehicles per day, and includes major Eastern Freeway upgrades with new express lanes, Melbourne's first dedicated busway, new interchanges, a 2-hectare green bridge, wetlands, over 34km of new/upgraded walking and cycling paths, extensive parklands, and intelligent transport systems. Tunnelling commenced in 2024 with TBMs Zelda and Gillian; first permanent section (Bulleen Road Interchange) opened July 2025. Project on track for completion in 2028.
Hurstbridge Rail Line Upgrades (Watsonia-Eltham)
A $150 million upgrade of the Hurstbridge railway line between Watsonia and Eltham including track duplication, level crossing removals, station upgrades, new signalling systems, and accessibility improvements. The project includes an extended rail tunnel at Watsonia (on track for mid-2026 completion, making it Melbourne's third longest tunnel), new Greensborough station, and improved track infrastructure. Works will reduce travel times and increase service frequency on the line, with major rail systems upgrades scheduled for early 2025 requiring bus replacement services between Heidelberg and Eltham from January 31 to March 27.
Level Crossing Removal - North Eastern Program Alliance (Hurstbridge corridor)
Program alliance delivering level crossing removals and rail upgrades in Melbourne's north east. NEPA delivered Stage 1 of the Hurstbridge Line Upgrade (duplicate track Heidelberg-Rosanna, remove crossings at Grange Rd Alphington and Lower Plenty Rd Rosanna, build the new Rosanna Station). Subsequent corridor upgrades including the Hurstbridge Line Duplication delivered new stations at Greensborough and Montmorency, further track duplication and a shared path, with major construction completed in April 2025.
Montmorency North Pavilion Refurbishment
Refurbishment of the Montmorency North Pavilion to upgrade facilities, including changerooms, storerooms, gym, and umpires' rooms, to meet current compliance standards and support female participation in sports. Tenders for construction were sought by Banyule City Council, with the tender closing in July 2025. The project is a smaller refurbishment focusing on female-friendly facilities, delivered in 2025/26.
Montmorency Bowling Club Pavilion Upgrade
Upgrade of the Montmorency Bowling Club Pavilion, located at Petrie Park, as part of Banyule City Council's capital works program. The project included a major upgrade of the facilities, which was listed as completed in the Council's mid-year highlights report for July to December 2023. Another refurbishment focusing on female-friendly amenities was also completed by Kingdom Constructions Group for an estimated $250k.
Employment
AreaSearch analysis reveals Yallambie significantly outperforming the majority of regions assessed nationwide
Yallambie has a well-educated workforce with prominent representation in essential services sectors. Its unemployment rate is 2.2% and it experienced an estimated employment growth of 1.5% over the past year, according to AreaSearch's aggregation of statistical area data.
As of June 2025, 2540 residents are employed, with an unemployment rate of 2.5%, lower than Greater Melbourne's rate of 4.6%. Workforce participation is high at 70.9% compared to Greater Melbourne's 64.1%. The dominant employment sectors among residents include public administration & safety, health care & social assistance, and education & training. Yallambie has a particular specialization in public administration & safety, with an employment share of 4.6 times the regional level, while manufacturing employs only 4.4% of local workers compared to Greater Melbourne's 7.2%.
The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over a 12-month period ending in Sep-22, employment increased by 1.5% and labour force grew by 0.9%, causing the unemployment rate to fall by 0.6 percentage points. In comparison, Greater Melbourne recorded employment growth of 3.5%, labour force growth of 4.0%, with unemployment rising 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment expansion at 6.6% over five years and 13.7% over ten years, with varying growth rates across industry sectors. 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.
Frequently Asked Questions - Employment
Income
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 2022 shows that Yallambie has a high national median assessed income of $68,751 and an average income of $92,791. In comparison, Greater Melbourne has a median income of $54,892 and an average income of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, estimated incomes as of September 2025 would be approximately $77,111 (median) and $104,074 (average). Census 2021 income data indicates that household, family, and personal incomes in Yallambie rank between the 80th and 84th percentiles nationally. The predominant income cohort spans 35.8% of locals (1,500 people) earning between $1,500 and $2,999 weekly, similar to the region where 32.8% fall into this bracket. A substantial proportion, 34.2%, earn above $3,000 per week, suggesting strong economic capacity in the suburb. After housing costs, residents retain 87.6% of their income, indicating strong purchasing power, and the area's SEIFA income ranking places it in the 7th decile.
Frequently Asked Questions - Income
Housing
Yallambie is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
In Yallambie, as per the latest Census, 89.3% of dwellings were houses, with the remaining 10.7% being semi-detached, apartments, or other types. This compares to Melbourne metro's figures of 76.0% houses and 24.0% other dwellings. Home ownership in Yallambie stood 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 $399. Nationally, Yallambie's mortgage repayments were higher than the Australian average of $1,863, and rents were lower than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Yallambie features high concentrations of family households, with a higher-than-average median household size
Family households account for 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 constitute 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.
Frequently Asked Questions - Households
Local Schools & Education
Yallambie shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Educational qualifications in Yallambie trail regional benchmarks; 34.5% of residents aged 15+ hold university degrees compared to 41.2% in the SA3 area. This gap suggests potential for educational development and skills enhancement. Bachelor degrees are most common at 21.7%, followed by postgraduate qualifications (8.8%) and graduate diplomas (4.0%). Trade and technical skills are prominent, with 32.6% of residents aged 15+ holding vocational credentials - advanced diplomas (13.2%) and certificates (19.4%).
Educational participation is high, with 30.7% of residents currently enrolled in formal education, including 10.4% in primary, 8.2% in secondary, and 5.4% pursuing tertiary education. Streeton Primary School serves Yallambie, enrolling 151 students as of a recent report; the area has above-average socio-educational conditions (ICSEA: 1050). The school focuses exclusively on primary education, with secondary options available in nearby areas. Local school capacity is limited at 3.6 places per 100 residents compared to the regional average of 18.4, indicating many families travel for schooling.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Yallambie has 17 active public transport stops, all of which are bus stops. These stops are served by four different routes that together facilitate 1,873 weekly passenger trips. The accessibility of these services is rated as good, with residents typically located 233 meters from the nearest stop.
On average, there are 267 trips per day across all routes, which equates to approximately 110 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Yallambie's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions
Health outcomes data shows excellent results across Yallambie, particularly for younger cohorts who have a very low prevalence of common health conditions. Approximately 63% of the total population (2,656 people) has private health cover, compared to 60.3% in Greater Melbourne and 55.3% nationally. The most prevalent medical conditions are asthma and arthritis, affecting 7.0 and 6.8% of residents respectively.
A higher proportion of Yallambie residents, 75.1%, report being completely clear of medical ailments compared to 69.3% in Greater Melbourne. Yallambie has a lower percentage of seniors aged 65 and over at 14.0% (586 people) than Greater Melbourne's 19.8%. However, health outcomes among seniors require more attention than the broader population.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Yallambie was found to be above average when compared nationally for a number of language and cultural background related metrics
Yallambie had a higher than average cultural diversity, with 21.5% of its population born overseas and 18.8% speaking a language other than English at home. Christianity was the predominant religion in Yallambie, accounting for 46.9% of its people. Notably, Judaism was overrepresented compared to Greater Melbourne, comprising 0.1% versus 0.2%.
The top three ancestry groups in Yallambie were English (25.1%), Australian (23.1%), and Irish (8.5%). Some ethnic groups had notable differences in representation: Italian was overrepresented at 6.7% compared to the regional average of 7.7%, Macedonian at 0.6% versus 1.1%, and Sri Lankan at 0.6% compared to 0.5%.
Frequently Asked Questions - Diversity
Age
Yallambie's population is younger than the national pattern
Yallambie's median age of 35 years is slightly younger than Greater Melbourne's 37 and the national average of 38. The 15-24 age group comprises 16.2%, higher than Greater Melbourne, while the 25-34 cohort stands at 12.8%. Between 2021 and present, the 75-84 age group grew from 4.6% to 5.7%, and the 15-24 group increased from 15.1% to 16.2%. Conversely, the 25-34 cohort decreased from 13.7% to 12.8%. By 2041, population forecasts suggest significant demographic shifts in Yallambie, with the 45-54 age group projected to increase by 253 people (45%) from 565 to 819.