Yallambie

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

As of Feb 2026, the population of the suburb of Yallambie is estimated to be around 4136, a decrease of 25 people from the 2021 Census figure of 4161. This change is inferred from AreaSearch's estimation of the resident population at 4117 in June 2024, with an additional 9 validated new addresses since the Census date. The population density is calculated as 1406 persons per square kilometer, higher than the average seen across national locations assessed by AreaSearch. Overseas migration contributed approximately 86% of overall population gains during recent periods in Yallambie. For projections until 2041, AreaSearch uses ABS/Geoscience Australia's SA2 area projections released in 2024 with a base year of 2022, and for areas not covered, VIC State Government's Regional/LGA projections from 2023 are used with adjustments made through weighted aggregation.

Considering these projections, the suburb is forecast to increase its population by 1359 persons by 2041, reflecting a gain of 32.4% over the 17 years.

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, derived from statistical area data, indicates approximately one new home approved annually in Yallambie. Over the past five financial years, from FY-21 to FY-25, around seven homes were approved, with two more approved so far in FY-26.

This consistent new supply may be keeping pace with demand due to population decline, providing good options for buyers. The average construction cost value of these new homes is $650,000, suggesting a focus on the premium segment by developers. Compared to Greater Melbourne, Yallambie has significantly less development activity, which generally supports stronger demand and values for established dwellings. This lower-than-average development level indicates the area's established nature and potential planning limitations. Recent building activity consists solely of detached houses, maintaining Yallambie's suburban identity with a concentration of family homes suited to buyers seeking space.

With approximately 4182 people per approval, Yallambie shows characteristics of a mature, established area. According to the latest AreaSearch quarterly estimate, Yallambie is projected to gain 1340 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and supporting price growth.

Yallambie has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Two projects identified by AreaSearch are expected to impact the area significantly: North East Link Environmental Parklands and Plenty River Trail Upgrades. Other notable projects include Montmorency North Pavilion Refurbishment and Hurstbridge Rail Line Upgrades (Watsonia-Eltham).

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Yallambie demonstrate exceptional strength compared to most Australian markets

Yallambie has a well-educated workforce with high representation in essential services sectors. The unemployment rate was 2.5% as of December 2025, with an estimated employment growth of 0.9% over the past year, according to AreaSearch's aggregation of statistical area data. As of that date, 2,523 residents were employed, with an unemployment rate of 2.2%, which is below Greater Melbourne's rate of 4.8%.

The workforce participation rate was 77.4%, higher than Greater Melbourne's 71.3%. Census responses indicated that 31.2% of residents worked from home. Key industries of employment among residents were public administration & safety, health care & social assistance, and education & training. Public administration & safety had a particularly strong presence with an employment share 4.6 times the regional level.

Manufacturing had limited presence with 4.4% employment compared to the regional average of 7.2%. Over the 12 months to December 2025, employment increased by 0.9%, while labour force also increased by 0.9%, leaving unemployment broadly flat. In contrast, Greater Melbourne saw employment grow by 2.4%, labour force expand by 2.8%, and unemployment rise by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% 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, though these are simple weighting extrapolations for illustrative purposes and do not account for localised population projections.

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

AreaSearch released postcode-level ATO data for the financial year ending June 2023. Yallambie's median income among taxpayers was $68,751, with an average of $92,791. Nationally, these figures are high compared to Greater Melbourne's median of $57,688 and average of $75,164. As of September 2025, estimated incomes would be approximately $74,423 (median) and $100,446 (average), based on Wage Price Index growth since June 2023. Census data shows Yallambie's household, family, and personal incomes rank between the 80th and 84th percentiles nationally. Income brackets indicate that 35.8% of residents earn between $1,500 and $2,999 weekly, similar to metropolitan patterns at 32.8%. Notably, 34.2% of Yallambie's population earns over $3,000 per week, supporting premium retail and services. After housing costs, residents retain 87.6% of income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 7th decile.

Yallambie is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Yallambie's dwelling structure, as per the latest Census, consisted of 89.3% houses and 10.7% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's figures of 67.9% houses and 32.1% 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, higher than Melbourne metro's average of $2,000. Median weekly rent in Yallambie was $340, compared to Melbourne metro's $390. Nationally, Yallambie's mortgage repayments were significantly higher at $2,167 against the Australian average of $1,863, while 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 constitute 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 comprise the remaining 16.7%, consisting of lone person households at 15.7% and group households at 0.8%. The median household size is 2.8 people, which is larger than the Greater Melbourne average of 2.6.

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

Yallambie's educational qualifications trail regional benchmarks; 34.5% of residents aged 15+ hold university degrees compared to the SA3 area's 41.2%. The gap indicates 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%). Vocational credentials are prominent, with 32.6% of residents aged 15+ holding such qualifications – advanced diplomas at 13.2% and certificates at 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 serving buses. These are covered by three routes, offering a total of 1,377 weekly passenger trips. Transport access is rated good, with residents located an average of 233 meters from the nearest stop. Most commutes are outward-bound due to Yallambie's residential nature. Cars are the primary mode at 72%, followed by walking at 15% and train use at 7%. On average, there are 1.6 vehicles per dwelling, above the regional norm.

According to the 2021 Census, 31.2% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 196 trips daily across all routes, equating to about 76 weekly trips per individual stop.

Yallambie's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Yallambie. Mortality rates and chronic condition prevalence were assessed by AreaSearch, with younger cohorts showing very low prevalence of common health conditions. The rate of private health cover was found to be exceptionally high at approximately 63% of the total population (2,621 people), compared to 56.7% across Greater Melbourne and the national average of 55.7%.

The most common medical conditions in the area were asthma and arthritis, impacting 7.0 and 6.8% of residents respectively, while 75.1% declared themselves completely clear of medical ailments compared to 72.6% across Greater Melbourne. As of 2021, 14.7% of residents were aged 65 and over (607 people). Health outcomes among seniors in Yallambie are above average but rank lower nationally than the broader population.

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 population showed above-average cultural diversity, with 21.5% born overseas and 18.8% speaking a language other than English at home. Christianity was the predominant religion in Yallambie, accounting for 46.9%. Notably, Judaism was overrepresented compared to Greater Melbourne, comprising 0.1% versus 1.0%.

The top three ancestry groups were English (25.1%), Australian (23.1%), and Irish (8.5%). Italian ethnicity was notably higher in Yallambie at 6.7%, compared to the regional average of 5.2%. Macedonian and Sri Lankan ethnicities also showed slight overrepresentation, at 0.6% each versus 0.7% and 0.8% respectively.

Yallambie's population is younger than the national pattern

Yallambie's median age is 35 years, which is slightly younger than Greater Melbourne's 37 and the national average of 38 years. The 15-24 age group comprises 16.6%, higher than Greater Melbourne's percentage, while the 25-34 cohort makes up 12.5%. Between 2021 and present, the 15-24 age group grew from 15.1% to 16.6%, and the 75-84 cohort increased from 4.6% to 6.0%. Conversely, the 25-34 cohort decreased from 13.7% to 12.5%. By 2041, population forecasts indicate significant demographic changes for Yallambie, with the 45-54 age group projected to increase by 239 people (42%), from 566 to 806.