Bundoora - North
Statistical Area - sa2

Population growth drivers in Bundoora - North are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Bundoora - North's population was around 8,361 as of November 2025. This reflected an increase of 1,011 people since the 2021 Census, which reported a population of 7,350. The change was inferred from the estimated resident population of 8,005 in June 2024 and six validated new addresses since the Census date. This resulted in a density ratio of 1,771 persons per square kilometer, above the national average assessed by AreaSearch. Bundoora - North's growth of 13.8% since the 2021 census exceeded both national (8.9%) and state averages, marking it as a growth leader in the region. Overseas migration contributed approximately 90.6% of overall population gains during recent periods.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilized VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing weighted aggregation from LGA to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. Future population trends predicted exceptional growth, placing Bundoora - North in the top 10 percent of national statistical areas. The area is expected to expand by 5,367 persons to 2041 based on the latest population numbers, recording a gain of 59.9% over the 17 years.

Residential development activity is lower than average in Bundoora - North according to AreaSearch's national comparison of local real estate markets

Bundoora - North averaged approximately five new dwelling approvals per year over the past five financial years, from FY21 to FY25, with a total of 29 homes approved during this period. No dwellings have been approved so far in FY26. On average, 4.5 new residents arrived annually for each dwelling constructed between FY21 and FY25, indicating significant demand exceeding supply, which typically leads to price growth and increased buyer competition.

The average construction value of new properties was $460,000, slightly above the regional average, suggesting a focus on quality developments. In this financial year, $22.9 million in commercial approvals have been registered, indicating balanced commercial development activity compared to Greater Melbourne. However, Bundoora - North has significantly less overall development activity when measured against Greater Melbourne. This scarcity of new homes typically strengthens demand and prices for existing properties, though building activity has accelerated in recent years. Nationally, this activity is also below average, reflecting the area's maturity and possible planning constraints. New building activity shows an equal split between detached dwellings (50%) and townhouses or apartments (50%), offering affordable entry pathways and attracting downsizers, investors, and first-time purchasers. This represents a significant change from the current housing mix of 67% houses, reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements.

With approximately 1688 people per dwelling approval, Bundoora - North reflects a highly mature market. Population forecasts indicate that Bundoora - North will gain 5011 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Bundoora - North has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Eleven projects have been identified by AreaSearch as potentially impacting the area's performance. Key projects include Uni Hill Factory Outlets Stage 3A, Peter Hopper Lake Revitalisation, Childs Road Upgrade, and M80 Ring Road Completion. The following list details those likely to be most relevant.

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

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Employment conditions in Bundoora - North demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Bundoora - North has a well-educated workforce with strong representation in essential services sectors. The unemployment rate is 2.8%, lower than Greater Melbourne's 4.6%.

Employment growth over the past year was estimated at 2.1%. As of June 2025, 4,750 residents are employed, with an unemployment rate of 1.9% below Greater Melbourne's rate. Workforce participation is on par with Greater Melbourne's 64.1%.

Leading employment industries include health care & social assistance, retail trade, and construction. Professional & technical services have limited presence, at 7.9% compared to the regional average of 10.1%. The worker-to-resident ratio is 0.6, indicating higher-than-average local employment opportunities. Between June 2024 and June 2025, employment levels increased by 2.1%, labour force grew by 1.5%, and unemployment fell by 0.6 percentage points. In contrast, Greater Melbourne saw employment rise by 3.5%, labour force grow by 4.0%, and unemployment increase by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Bundoora - North's employment mix suggests local growth of approximately 6.6%% over five years and 13.7% over ten years.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

Bundoora - North's median income among taxpayers was $51,779 in financial year 2022. The average income stood at $64,486 during the same period. These figures compare to Greater Melbourne's median income of $54,892 and average income of $73,761 respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Bundoora - North would be approximately $58,075 (median) and $72,327 (average) as of September 2025. According to census data, household income ranks at the 55th percentile ($1,833 weekly), while personal income sits at the 35th percentile. Income analysis shows that the predominant cohort spans 32.4% of locals (2,708 people) with incomes in the $1,500 - 2,999 category. This pattern is similar to the region where 32.8% of individuals also fall within this income range. High housing costs consume 16.1% of income. Despite this, disposable income ranks at the 56th percentile, and the area's SEIFA income ranking places it in the 7th decile.

Bundoora - North displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Bundoora - North's dwelling structure, as per the latest Census, had 66.8% houses and 33.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Bundoora - North was at 31.1%, with mortgaged dwellings at 39.5% and rented at 29.4%. The median monthly mortgage repayment was $2,000, higher than Melbourne metro's $1,900. Median weekly rent in Bundoora - North was $381, compared to Melbourne metro's $371. Nationally, Bundoora - North's mortgage repayments exceeded the Australian average of $1,863, while rents were higher than the national figure of $375.

Bundoora - North features high concentrations of group households, with a lower-than-average median household size

Family households constitute 70.0% of all households, including 37.0% couples with children, 22.0% couples without children, and 9.7% single parent families. Non-family households account for the remaining 30.0%, with lone person households at 23.8% and group households comprising 6.0% of the total. The median household size is 2.7 people, which is smaller than the Greater Melbourne average of 2.9.

Educational attainment in Bundoora - North aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 34.6% among residents aged 15+, surpassing the SA3 area average of 25.9% and Australia's national average of 30.4%. Bachelor degrees are most prevalent at 22.7%, followed by postgraduate qualifications (9.2%) and graduate diplomas (2.7%). Vocational credentials are also common, with 25.5% of residents aged 15+ holding them, including advanced diplomas (10.5%) and certificates (15.0%).

Educational participation is high, with 32.9% of residents currently enrolled in formal education, comprising 11.3% in tertiary, 8.5% in secondary, and 7.4% in primary education. However, educational facilities appear to be located outside the immediate catchment boundaries, necessitating families to access schools in neighboring areas.

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

Bundoora - North has 38 active public transport stops operating within its area. These stops offer a mix of light rail and bus services. There are 11 individual routes servicing these stops, collectively providing 10,549 weekly passenger trips.

The transport accessibility is rated as good, with residents typically located 254 meters from the nearest transport stop. On average, there are 1,507 trips per day across all routes, equating to approximately 277 weekly trips per individual stop.

Bundoora - North'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 Bundoora - North, with younger cohorts particularly seeing low prevalence of common health conditions. The rate of private health cover is approximately 52%, leading that of the average SA2 area (~4,339 people).

This compares to a rate of 49.8% across Greater Melbourne. Mental health issues and arthritis were found to be the most common medical conditions in the area, impacting 6.6% and 6.3% of residents respectively. A total of 74.9% declared themselves completely clear of medical ailments, compared to 74.0% across Greater Melbourne. The area has 15.3% of residents aged 65 and over (1,279 people), which is higher than the 13.2% in Greater Melbourne.

Bundoora - North is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Bundoora-North has significant cultural diversity, with 39.3% of its population born overseas and 46.1% speaking a language other than English at home. Christianity is the predominant religion in Bundoora-North, comprising 56.5% of the population. Notably, Buddhism is overrepresented compared to Greater Melbourne, making up 4.8% versus 3.3%.

The top three ancestry groups are Other (13.9%), Australian (13.8%), and English (13.4%). Some ethnic groups show notable differences: Macedonian at 6.8% in Bundoora-North compared to the regional average of 4.6%, Italian at 11.8% versus 9.6%, and Greek at 5.9% versus 4.1%.

Bundoora - North's population is slightly younger than the national pattern

Bundoora-North's median age in 2021 was 36 years, nearly matching Greater Melbourne's average of 37 and slightly below Australia's median of 38. Compared to Greater Melbourne, Bundoora-North had a higher percentage of residents aged 15-24 (20.4%) but fewer residents aged 35-44 (11.3%). This concentration of 15-24 year-olds was above the national average of 12.5%. Between the 2016 and 2021 censuses, the percentage of Bundoora-North's population aged 15 to 24 increased from 17.3% to 20.4%, while the 25 to 34 age group rose from 15.2% to 16.8%. Conversely, the 5 to 14 age group declined from 10.4% to 8.2%, and the 35 to 44 group decreased from 12.8% to 11.3%. By 2041, demographic projections indicate significant changes in Bundoora-North's age profile, with the strongest growth expected in the 25 to 34 cohort, which is projected to increase by 61%, adding 854 residents to reach a total of 2,262.