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Sales Activity
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Population
An assessment of population growth drivers in Flemington reveals an overall ranking slightly below national averages considering recent, and medium term trends
Flemington's population is 10,923 as of August 2025. This reflects a 20.5% increase from the 2021 Census figure of 9,065 people. The change is inferred from the estimated resident population of 10,341 in June 2024 and an additional 533 validated new addresses since the Census date. This results in a population density ratio of 6,913 persons per square kilometer, placing Flemington in the top 10% of national locations assessed by AreaSearch. Flemington's growth exceeded the national average of 8.6%, with overseas migration contributing approximately 88.0% of overall population gains recently. AreaSearch uses ABS/Geoscience Australia projections released in 2024, based on 2022 data for each SA2 area.
For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections from 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future trends project above median population growth, with the area expected to grow by 1,763 persons to 2041 based on the latest population numbers, indicating a total increase of 10.3% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential approval activity sees Flemington among the top 30% of areas assessed nationwide
Flemington has received approximately 165 dwelling approvals annually. The Australian Bureau of Statistics reports that between financial years FY-21 to FY-25, Flemington had a total of 826 dwelling approvals, with none recorded yet in FY-26. Despite a decrease in population during this period, the development activity has been relatively adequate, which is beneficial for buyers. The average construction cost value of new dwellings is $540,000.
In FY-26, commercial development approvals totalled $2.8 million, indicating Flemington's primarily residential nature. Compared to Greater Melbourne, Flemington has 86.0% more construction activity per person, offering buyers greater choice and reflecting strong developer confidence in the location. New developments comprise 1.0% detached houses and 99.0% townhouses or apartments, providing affordable entry pathways for downsizers, investors, and first-time purchasers. This shift from the area's existing housing composition (currently 20.0% houses) suggests decreasing developable sites and changing lifestyles requiring diverse housing options. Flemington has approximately 507 people per dwelling approval, indicating an established area. By 2041, Flemington is projected to grow by 1,130 residents. Based on current development patterns, new housing supply should meet demand, creating favorable conditions for buyers and potentially facilitating population growth beyond current projections.
Looking ahead, Flemington is expected to grow by 1,130 residents through to 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Flemington has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally
Local infrastructure changes significantly influence an area's performance. AreaSearch identified 17 projects potentially impacting the area. Key projects include Public Housing Revitalisation Program - Flemington Towers, Younghusband Kensington, Flemington Racecourse Development, and Metro Tunnel Project - Kensington Entrance. The following list details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
North Melbourne Precinct Public Housing Renewal
Comprehensive $800 million public housing renewal program to replace aging public housing estates across the North Melbourne precinct with modern, accessible homes and improved community facilities. The program spans multiple sites including towers on Alfred Street, Melrose Street, and Sutton Street. Stage One involves redeveloping the housing tower at 33 Alfred Street to deliver 800 new dwellings, including 300 social housing dwellings. Part of Victoria's high-rise redevelopment program using the Ground Lease Model, providing at least 10% more social housing overall.
Flemington Public Housing Estate Renewal
Major renewal of Flemington public housing estate as part of the Public Housing Renewal Program. Will replace aging public housing with new, modern, energy-efficient homes while increasing the overall number of social housing dwellings.
Public Housing Revitalisation Program - Flemington Towers
Victorian Government redevelopment of two Flemington high-rise public housing towers (12 Holland Court and 120 Racecourse Road). Resident relocations are underway with completion targeted by September 2025, followed by deconstruction from late 2025 and main works commencing from 2028. The project is expected to deliver about 700 new dwellings (at least 10% uplift in social homes) through a Ground Lease Model, with Building Communities engaged to propose delivery and management. Practical completion and resident return are targeted for 2031.
Younghusband Kensington
Melbourne's largest carbon-neutral adaptive reuse precinct, transforming a historic 122-year-old woolstore into 56,000 sqm of A-grade office and retail space. Stage 1 (17,560 sqm) completed mid-2024, featuring heritage preservation with modern sustainability standards including 6-star Green Star rating, 5.5-star NABERS Energy, and full carbon neutrality. The precinct includes a town square, bluestone laneway, railway garden, and activated retail spaces, creating a vibrant community destination in the Macaulay Precinct.
Flemington Racecourse Development
Comprehensive master-planned redevelopment of Flemington Racecourse by Victoria Racing Club and development partners. Total project valued at over $500 million comprising multiple phases: completed $128 million VRC Club Stand (designed by Bates Smart, built by Multiplex), and residential developments including The Archer - a 14-storey horseshoe-shaped building with 315 luxury apartments designed by ARM Architecture. The broader master development includes plans for 835 apartments across multiple buildings on surplus racecourse land. The Archer features infinity pool, wine cellar, gym, private dining rooms, and concierge service with apartments priced from $549k to $1.319m. Heritage-listed site transformation maintains racing heritage while creating modern facilities and residential opportunities. This represents the first residential development on Flemington Racecourse in its 184-year history.
Metro Tunnel Project - Kensington Entrance
Major infrastructure project creating twin 9km tunnels under Melbourne's CBD with western entrance in Kensington. Part of $12.8 billion Metro Tunnel project connecting Sunbury to Cranbourne/Pakenham lines. Major construction complete, testing and commissioning underway.
Arden Precinct Urban Renewal
Major urban renewal precinct adjacent to Flemington that will become an employment hub with the new Arden Metro Station opening in 2025. The 45-hectare precinct will transform into a thriving innovation district accommodating 34,000 jobs and 15,000 residents over 30 years. Features mixed-use development, new homes, jobs, and community facilities with innovation clusters for life sciences, research, and digital technology. Amendment C407melb has been approved to implement the Arden Structure Plan. Government seeking development partners for 13.5ha government-owned land (Arden Central). Victorian Government-led urban renewal precinct with private partners selected for development including Gurner, MAB Corporation, and Lendlease.
Kensington Community Aquatic and Recreation Centre
A $68.2 million redevelopment project creating a state-of-the-art community recreation facility featuring an indoor 25-metre pool with eight lanes, learn-to-swim pool, children's water play area with spouts and fountains, expanded gym with modern equipment and 24-hour access, three full-sized multipurpose courts, health and wellness areas for group fitness classes, accessible change rooms with Changing Places facility, community meeting room, and cafe. The centre officially opened on September 29, 2025, replacing the original 1976 facility. Construction began in 2022 after community consultation, with the project timeline extended due to asbestos remediation works. The facility is managed by YMCA Victoria and features environmentally friendly innovations including rooftop solar panels, heat recovery technology, and an 80,000-litre rainwater tank.
Employment
AreaSearch analysis reveals Flemington recording weaker employment conditions than most comparable areas nationwide
Flemington has a highly educated workforce with strong representation in professional services. Its unemployment rate was 13.3% in the past year, showing an estimated employment growth of 4.2%.
As of June 2025, 5794 residents are employed while the unemployment rate is 8.7%, higher than Greater Melbourne's rate of 4.6%. Workforce participation is fairly standard at 66.2% compared to Greater Melbourne's 64.1%. Employment is concentrated in health care & social assistance, professional & technical services, and education & training. The area specializes particularly in professional & technical jobs with an employment share 1.5 times the regional level.
Conversely, construction shows lower representation at 4.8% compared to the regional average of 9.7%. Limited local employment opportunities are indicated by the count of Census working population versus resident population. Over a 12-month period ending in June 2025, employment increased by 4.2%, labour force grew by 7.1%, leading to an unemployment rise of 2.4 percentage points. This contrasts with Greater Melbourne where employment rose by 3.5% and unemployment by only 0.5%. In Victoria as of Sep-25, employment grew by 1.08% year-on-year adding 39,880 jobs, with the state unemployment rate at 4.7%, slightly higher than the national rate of 4.5%. National employment forecasts from May 2025 suggest a growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Flemington's employment mix, local growth is estimated at approximately 7.2% over five years and 14.6% over ten years.
Frequently Asked Questions - Employment
Income
Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch
AreaSearch's latest postcode level ATO data for financial year 2022 shows Flemington's median income among taxpayers is $63,463, with an average of $81,902. Nationally, these figures are extremely high. In Greater Melbourne, the median is $54,892 and the average is $73,761. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates for Flemington would be approximately $69,879 (median) and $90,182 (average) as of March 2025. According to census data, personal income ranks at the 71st percentile ($927 weekly), while household income sits at the 40th percentile. Distribution data shows that 30.0% of Flemington's community falls within the $1,500 - 2,999 earnings band (3,276 individuals), which is similar to regional levels where 32.8% occupy this bracket. Housing affordability pressures are severe in Flemington, with only 80.6% of income remaining, ranking at the 37th percentile. The area's SEIFA income ranking places it in the 7th decile.
Frequently Asked Questions - Income
Housing
Flemington features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
In Flemington, as recorded at the latest Census, 20.1% of dwellings were houses while 79.8% were other types such as semi-detached homes, apartments, and others. This differs from Melbourne metropolitan area's figures which stood at 42.6% houses and 57.4% other dwellings respectively. Home ownership in Flemington was recorded at 15.7%, with mortgaged properties at 23.2% and rented ones at 61.1%. The median monthly mortgage repayment in the area was $2,000, lower than Melbourne metro's average of $2,200. The median weekly rent figure for Flemington was $324, compared to Melbourne metro's $370. Nationally, Flemington's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially lower at $324 compared to the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Flemington features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households constitute 50.4% of all households, including 15.7% couples with children, 22.9% couples without children, and 9.5% single parent families. Non-family households account for the remaining 49.6%, with lone person households at 42.1% and group households comprising 7.4%. The median household size is 2.0 people, smaller than the Greater Melbourne average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Flemington exceeds national averages, with above-average qualification levels and academic performance metrics
Flemington's educational attainment is notably higher than national averages. 52.2% of residents aged 15+ have university qualifications, compared to Australia's 30.4% and Victoria's 33.4%. Bachelor degrees are the most prevalent (30.6%), followed by postgraduate qualifications (16.7%) and graduate diplomas (4.9%). Vocational pathways account for 19.2%, with advanced diplomas at 9.0% and certificates at 10.2%.
Educational participation is high, with 31.1% of residents currently enrolled in formal education. This includes 11.7% in tertiary, 6.4% in primary, and 4.8% in secondary education. Flemington's five schools have a combined enrollment of 1,287 students. The area has typical Australian school conditions (ICSEA: 1023) with balanced educational opportunities. There are three primary and two secondary schools serving distinct age groups.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis indicates that Flemington has 28 active public transport stops. These comprise a mix of train, light rail, and bus services. Six individual routes operate in total, facilitating approximately 4,000 weekly passenger trips.
Residents enjoy excellent transport accessibility, with an average proximity of 193 meters to the nearest stop. Service frequency stands at around 571 trips per day across all routes, translating to roughly 142 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Flemington is notably higher than the national average with prevalence of common health conditions quite low across both younger and older age cohorts
Flemington shows superior health outcomes, with low prevalence of common conditions across all ages. Private health cover is high at approximately 61%, compared to Greater Melbourne's 67.2% and Australia's national average of 55.3%. Mental health issues affect 11.2% and asthma impacts 8.2% of residents, with 70.6% reporting no medical ailments, slightly lower than Greater Melbourne's 72.0%.
Flemington has a lower proportion of seniors aged 65 and over, at 11.7% (1,275 people), compared to Greater Melbourne's 16.0%. Health outcomes among seniors are above average, mirroring the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Flemington is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Flemington's population shows high cultural diversity, with 39.7% born overseas and 36.8% speaking a language other than English at home. Christianity is the predominant religion, accounting for 30.0%. Islam is overrepresented compared to Greater Melbourne, comprising 12.1% versus an average of 4.4%.
The top three ancestry groups are English (19.4%), Other (19.2%), and Australian (16.6%). Notably, Vietnamese (3.1%) and Chinese (6.8%) are overrepresented compared to regional averages of 1.8% and 4.0%, respectively. Spanish is also slightly higher at 0.6%.
Frequently Asked Questions - Diversity
Age
Flemington hosts a young demographic, positioning it in the bottom quartile nationwide
Flemington has a median age of 33, which is younger than Greater Melbourne's figure of 37 and Australia's national average of 38 years. Compared to Greater Melbourne, Flemington has a higher percentage of residents aged 25-34 (28.1%) but fewer residents aged 5-14 (6.5%). This concentration of 25-34 year-olds is significantly higher than the national figure of 14.5%. Between the 2021 Census and the present, the population aged 15-24 has grown from 11.9% to 13.9%, while the 25-34 age group increased from 26.4% to 28.1%. Conversely, the 45-54 age group has declined from 11.6% to 10.1%, and the 5-14 age group has dropped from 7.6% to 6.5%. Population forecasts for Flemington in 2041 indicate significant demographic shifts. The 55-64 age cohort is projected to grow by 41%, adding 397 residents to reach a total of 1,367. Meanwhile, both the 15-24 and 35-44 age groups are expected to decrease in number.