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 Aug 2025. This reflected an increase of 1,011 people since the 2021 Census, which reported a population of 7,350 people. The change was inferred from the estimated resident population of 8,005 in Jun 2024 and six validated new addresses since the Census date. This resulted in a population density ratio of 1,771 persons per square kilometer, higher than the national average assessed by AreaSearch. Bundoora - North's growth rate of 13.8% since the 2021 census exceeded both the national average (8.6%) and state averages, indicating it as a growth leader in the region. Overseas migration contributed approximately 90.6% 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, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusting using weighted aggregation from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future population trends predict exceptional growth, placing the area in the top 10 percent of national statistical areas. By 2041, based on latest population numbers, the area is expected to expand by 5,367 persons, 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 has averaged approximately five new dwelling approvals annually. The Australian Bureau of Statistics produces development approval data on a financial year basis. Between FY21 and FY25, 29 homes were approved, with no approvals recorded so far in FY26. On average, each home built over these years accommodates around 4.5 new residents.

This supply lagging demand suggests heightened buyer competition and pricing pressures. The average construction cost of new homes is $835,000, indicating a focus on the premium market segment. In FY26, there have been $22.9 million in commercial approvals, reflecting balanced commercial development activity. Compared to Greater Melbourne, Bundoora North has significantly less development activity, which typically reinforces demand and pricing for existing homes. However, building activity has accelerated in recent years. Nationally, this area's new construction is lower, likely due to market maturity and possible development constraints. Fifty percent of dwelling approvals are for detached dwellings, with the other 50% being townhouses or apartments.

This shift from the area's existing housing composition (currently 67% houses) suggests decreasing availability of developable sites and reflects changing lifestyles and demand for diverse, affordable housing options. Bundoora North has around 1688 people per dwelling approval, indicating a highly mature market. Population forecasts project an increase of 5011 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and supporting price growth.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 13 projects that could affect the area. Notable ones include Uni Hill Factory Outlets Stage 3A, Peter Hopper Lake Revitalisation, North East Link Project, and Childs Road Upgrade. The following list provides details on those most relevant.

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

The labour market in Bundoora - North shows considerable strength compared to most other Australian regions

Bundoora - North has a well-educated workforce with significant representation in essential services sectors. Its 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, there are 4,750 residents employed, with an unemployment rate of 1.9% below Greater Melbourne's rate and workforce participation matching Greater Melbourne's 64.1%. The leading employment industries among residents are health care & social assistance, retail trade, and construction.

However, professional & technical services show lower representation at 7.9% compared to the regional average of 10.1%. The ratio of 0.6 workers per resident indicates a higher level of local employment opportunities than usual. In the past year, ending June 2025, employment increased by 2.1%, and labour force increased by 1.5%, causing the unemployment rate to fall by 0.6 percentage points. This contrasts with Greater Melbourne's employment growth of 3.5% and labour force growth of 4.0%. State-level data from Sep-25 shows Victorian employment grew by 1.08% year-on-year, adding 39,880 jobs, with the state unemployment rate at 4.7%, compared to the national rate of 4.5%. National employment forecasts from Jobs and Skills Australia, issued in May 2025, project national employment 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 could be approximately 6.6%% over five years and 13.7% over ten years, though this is a simplified extrapolation for illustrative purposes only and does not account for localized population projections.

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

Bundoora - North had an average national income level according to ATO data aggregated by AreaSearch for financial year 2022. Its median income among taxpayers was $51,779 and the average income stood at $64,486, compared to Greater Melbourne's figures of $54,892 and $73,761 respectively. With a Wage Price Index growth of 10.11% since financial year 2022, current estimates would be approximately $57,014 (median) and $71,006 (average) as of March 2025. According to Census 2021 income data, household income ranked at the 55th percentile ($1,833 weekly), while personal income was at the 35th percentile. Income distribution showed that 32.4% of the population (2,708 individuals) fell within the $1,500 - $2,999 range, similar to regional levels where 32.8% occupied this range. High housing costs consumed 16.1% of income, but strong earnings placed disposable income at the 56th percentile, and the area's SEIFA income ranking placed it in the 7th decile.

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

In Bundoora - North, as per the latest Census, 66.8% of dwellings were houses, with the remaining 33.2% being semi-detached, apartments, or other types. This contrasts with Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Bundoora - North stood at 31.1%, with mortgaged dwellings at 39.5% and rented ones at 29.4%. The median monthly mortgage repayment was $2,000, higher than Melbourne metro's $1,900 and the national average of $1,863. The median weekly rent in Bundoora - North was $381, compared to Melbourne metro's $371 and the Australian average 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%. 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 educational profile is notable regionally with university qualification rates at 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 common at 22.7%, followed by postgraduate qualifications (9.2%) and graduate diplomas (2.7%). Vocational credentials are also prevalent, with 25.5% of residents aged 15+ holding such qualifications - advanced diplomas comprise 10.5% while certificates account for 15.0%.

Educational participation is high at 32.9%, including 11.3% in tertiary education, 8.5% in secondary education, and 7.4% pursuing primary education. Educational facilities seem to lie 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

Public transport analysis shows 38 active transport stops operating within Bundoora - North. These include a mix of lightrail and bus stops. They are serviced by 11 individual routes, collectively providing 10,549 weekly passenger trips.

Transport accessibility is rated as good, with residents typically located 254 meters from the nearest transport stop. Service frequency averages 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 indicates strong performance throughout Bundoora - North, particularly among younger cohorts who exhibit a very low prevalence of common health conditions. The rate of private health cover in this area stands at approximately 52% of the total population (around 4,339 people), compared to Greater Melbourne's average of 49.8%.

Mental health issues and arthritis were identified as the most prevalent medical conditions in the area, affecting 6.6% and 6.3% of residents respectively. Notably, 74.9% of residents declared themselves completely clear of medical ailments, slightly higher than Greater Melbourne's figure of 74.0%. Regarding demographics, 15.3% of residents are aged 65 and over (1,279 people), which is higher than the 13.2% recorded across 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 scores highly in cultural diversity, with 39.3% of its population born overseas and 46.1% speaking a language other than English at home. Christianity is the main religion in Bundoora-North, comprising 56.5%. 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%). Notably, Macedonian (6.8%) and Italian (11.8%) are overrepresented compared to regional averages of 4.6% and 9.6%, respectively. Greek is also overrepresented at 5.9% versus the regional average of 4.1%.

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

Bundoora-North has a median age of 36 years, nearly matching Greater Melbourne's average of 37 years and slightly below the Australian median of 38 years. Compared to Greater Melbourne, Bundoora-North has a higher proportion of residents aged 15-24 (20.4%) but fewer residents aged 35-44 (11.3%). This concentration of 15-24 year-olds is notably higher than the national average of 12.5%. According to the 2021 Census, the proportion of residents aged 15-24 has increased from 17.3% to 20.4%, while those aged 25-34 have risen from 15.2% to 16.8%. Conversely, the proportion of residents aged 5-14 has decreased from 10.4% to 8.2%, and those aged 35-44 have dropped from 12.8% to 11.3%. By 2041, demographic projections indicate significant changes in Bundoora-North's age profile. The 25-34 age cohort is expected to grow by 61%, adding 854 residents to reach a total of 2,262.