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Sales Activity
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Population
An assessment of population growth drivers in Flora Hill - Spring Gully reveals an overall ranking slightly below national averages considering recent, and medium term trends
Flora Hill - Spring Gully's population is around 9,575 as of Aug 2025. This reflects an increase of 138 people since the 2021 Census, which reported a population of 9,437. The change is inferred from the estimated resident population of 9,566 in June 2024 and an additional 30 validated new addresses since the Census date. This level of population equates to a density ratio of 725 persons per square kilometer. Population growth was primarily driven by overseas migration, contributing approximately 77.1% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted 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. A significant population increase is forecast in the top quartile of regional areas nationally, with the area expected to increase by 2,364 persons to 2041 based on the latest population numbers, recording a gain of 24.6% in total over the 17 years.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Flora Hill - Spring Gully according to AreaSearch's national comparison of local real estate markets
Flora Hill - Spring Gully has recorded approximately 36 residential properties granted approval annually. Development approval data is produced by the ABS on a financial year basis, showing 182 homes over the past five financial years from FY-21 to FY-25, with 9 approvals so far in FY-26. On average, 0.1 new residents per year arrive per new home over these five financial years, indicating that supply meets or exceeds demand and supports potential population growth while offering greater buyer choice. New properties are constructed at an average value of $525,000.
This financial year has seen $9.9 million in commercial development approvals, suggesting balanced commercial development activity compared to the rest of Victoria. Flora Hill - Spring Gully has around half the rate of new dwelling approvals per person compared to the rest of Victoria and ranks among the 57th percentile nationally when assessed areas are considered. Recent construction comprises 60% detached dwellings and 40% attached dwellings, marking a significant shift from existing housing patterns which are currently 85% houses, suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs. The location has approximately 332 people per dwelling approval, indicating a low-density market.
Future projections show Flora Hill - Spring Gully adding 2,355 residents by 2041. Should current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and underpinning price growth.
Frequently Asked Questions - Development
Infrastructure
Flora Hill - Spring Gully has emerging levels of nearby infrastructure activity, ranking in the 37thth percentile nationally
Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 18 projects that could impact this region. Notable ones include Flora Hill, Burnayi Lurnayi Flora Hill, Spring Hill Estate, and Regional Housing Fund (Victoria). The following list details those likely to be most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Greater Bendigo Managed Growth Strategy Implementation
Strategic implementation of Greater Bendigo's managed growth strategy including new residential precincts, infrastructure planning, and sustainable development frameworks across the municipality.
Bendigo Hospital
Australia's largest regional hospital development in Victoria's history. $630 million state-of-the-art facility completed in June 2018 with 372 inpatient beds, 72 same-day beds, 11 operating theatres, integrated cancer centre with 4 radiotherapy bunkers, mental health facility, and maternity units. Features multi-deck carpark, helipad, automated guided vehicles, and sustainable design innovations achieving multiple awards including 6-Star Green Star Rating.
Water and Sewer Network Program
A major 10-year plus program valued at $100 million in its first phase to renew and upgrade critical water and sewer pipes and pumps across the Coliban Water region. The program aims to protect community health, support economic development, and address changing climate needs. Key features include pipeline construction, sewer main upgrades, and pump station improvements across multiple townships. The first phase covers 2023-2028 and is delivered in partnership with Jaydo Construction and Leed Engineering, who are committed to using local resources and materials to maximize social and economic benefits for the region.
Regional Sports Infrastructure Program - Bendigo
Bendigo is undergoing a major transformation in sporting and events facilities through the Victorian Government's Regional Sports Infrastructure Program. The Bendigo Sports Package includes upgrades to three key venues. Bendigo Stadium will receive a new 2-court annex, upgrades to existing courts 9 and 10, solar panels, backup generator, new lighting for 12 outdoor netball courts, and car park and accessibility improvements. The Sky Lounge will also receive minor upgrades. Bendigo Showgrounds will feature a new multipurpose pavilion, redeveloped arena, and upgrades to all four entrances and perimeter fencing. The Bendigo Bowls Club and Bendigo Croquet Club will benefit from 4 refurbished bowls greens, 2 refurbished croquet greens, clubhouse upgrades, and accessibility improvements. Fairbrother Pty Ltd has been appointed as head contractor for Bendigo Stadium. These upgrades will help attract more sporting events, create local jobs, and support regional businesses while ensuring world-class facilities for community use.
St Aidans Road Kennington Social Housing
84 new social housing units for residents aged 55 years and over, delivered by VincentCare Community Housing. Mix of 64 one-bedroom and 20 two-bedroom apartments and townhouses across five buildings with community hub facilities.
Flora Hill Housing Development
Development Victoria is delivering a new residential neighborhood at the former Bendigo Teachers College site in Flora Hill. Around 160+ homes are planned with a minimum 10% affordable housing, and the heritage-listed Eumana House will be retained and integrated into the community. Early works (site hoarding, vegetation removal as required, investigation and remediation, and demolition of pavements/hardstand) commenced in July 2025. A ministerial application seeks subdivision for 171 residential lots under the Development Facilitation Program.
Flora Hill
Development Victoria is delivering approximately 160 new homes at 2 Osborne Street, Flora Hill, Bendigo, to address housing needs in the growing regional center. The project includes a mix of lot sizes and dwelling types, with around 56 social and affordable homes representing approximately 35% of the development. Early works commenced in July 2025, including site preparation, remediation, vegetation removal, and installation of essential infrastructure such as electricity, gas and roads. The historic Eumana House, built in 1904 and designated as a place of local heritage significance, will be retained and incorporated into the new residential community. Construction of homes is expected to begin in 2027, with staged completion anticipated by 2030. The project is delivered in partnership with City of Greater Bendigo, Homes Victoria, and the Dja Dja Wurrung Clans Aboriginal Corporation (DJAARA), with all early works contractors being local and regional businesses, including Traditional Owner enterprises, supporting local jobs and the regional economy.
Fortuna Village Estate
Boutique development of 24 luxury homes for downsizers adjacent to historic Fortuna Villa. Three and four-bedroom houses with elevated position overlooking Cathedral. Designed by John Patrick, developed by Piermont Group.
Employment
Employment conditions in Flora Hill - Spring Gully remain below the national average according to AreaSearch analysis
Flora Hill - Spring Gully has an educated workforce with significant representation in essential services sectors. The unemployment rate was 4.2% as of June 2025, with an estimated employment growth of 0.9% over the past year.
There were 4,882 residents employed while the unemployment rate was 0.4% higher than Rest of Vic.'s rate of 3.8%. Workforce participation was high at 63.5%, compared to Rest of Vic.'s 57.4%. The leading employment industries among residents were health care & social assistance, education & training, and retail trade. Health care & social assistance had notably higher concentration with levels at 1.3 times the regional average.
Agriculture, forestry & fishing was under-represented, with only 0.7% of Flora Hill - Spring Gully's workforce compared to Rest of Vic.'s 7.5%. The area showed limited local employment opportunities based on Census working population vs resident population comparison. Over a 12-month period ending June 2025, employment increased by 0.9%, labour force increased by 1.9%, leading to an unemployment rate rise of 0.9 percentage points. In contrast, Rest of Vic. experienced employment decline of 0.9% and labour force decline of 0.4%, with a 0.4 percentage point rise in unemployment rate. State-level data from Sep-25 showed VIC employment grew by 1.08% year-on-year, adding 39,880 jobs, with the state unemployment rate at 4.7%. National employment forecasts from Jobs and Skills Australia projected national growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Flora Hill - Spring Gully's employment mix suggested local growth of approximately 6.8% over five years and 14.2% over ten years, based on a simple weighting extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
AreaSearch's latest postcode level ATO data for financial year 2022 shows Flora Hill - Spring Gully has a median income of $51,179 and an average income of $66,943. This contrasts with Rest of Vic., which has a median income of $48,741 and an average income of $60,693. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates for Flora Hill - Spring Gully are approximately $56,353 (median) and $73,711 (average) as of March 2025. Census 2021 income data ranks household, family, and personal incomes in Flora Hill - Spring Gully between the 34th and 43rd percentiles. Income distribution shows that 32.8% of locals (3,140 people) earn between $1,500 and $2,999, similar to the broader area where 30.3% fall into this range. After housing expenses, 86.0% of income remains for other expenses. The area's SEIFA income ranking places it in the 5th decile.
Frequently Asked Questions - Income
Housing
Flora Hill - Spring Gully is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
In Flora Hill - Spring Gully, as per the latest Census evaluation, 84.9% of dwellings were houses while 15.1% comprised semi-detached homes, apartments, and other types. This contrasts with Non-Metro Vic.'s figures of 90.6% houses and 9.4% other dwellings. Home ownership in Flora Hill - Spring Gully stood at 32.7%, similar to Non-Metro Vic., with mortgaged properties at 29.9% and rented ones at 37.4%. The median monthly mortgage repayment was $1,399, lower than Non-Metro Vic.'s average of $1,408. The median weekly rent figure in Flora Hill - Spring Gully was recorded at $290, compared to Non-Metro Vic.'s $295. Nationally, mortgage repayments were significantly lower than the Australian average of $1,863 while rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Flora Hill - Spring Gully features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households constitute 61.3% of all households, including 22.9% couples with children, 23.5% couples without children, and 13.7% single parent families. Non-family households account for the remaining 38.7%, with lone person households at 33.5% and group households comprising 5.2%. The median household size is 2.3 people, which is smaller than the Rest of Vic average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Flora Hill - Spring Gully exceeds national averages, with above-average qualification levels and academic performance metrics
The educational profile of the area is notable within its region. University qualification rates exceed those of Rest of Vic (31.3% vs 21.7%) and the SA3 area (23.6%). Bachelor degrees are most prevalent at 20.1%, followed by postgraduate qualifications (6.6%) and graduate diplomas (4.6%). Vocational credentials are also common, with 33.3% of residents aged 15+ holding such qualifications - advanced diplomas at 11.6% and certificates at 21.7%.
Educational participation is high, with 31.7% currently enrolled in formal education. This includes primary (8.8%), secondary (8.7%), and tertiary (8.1%) levels. The area's four schools have a combined enrollment of 2,093 students. Flora Hill - Spring Gully demonstrates typical Australian school conditions with an ICSEA score of 1047, indicating balanced educational opportunities. There are three primary and one secondary school serving distinct age groups. School capacity exceeds residential needs at 21.9 places per 100 residents versus the regional average of 18.0, suggesting the area serves as an educational center for the broader region.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Flora Hill - Spring Gully has 64 active public transport stops, all of which are bus stops. These stops are served by 8 different routes that combined offer 1545 weekly passenger trips. The area's transport accessibility is rated as good, with residents on average located 209 meters from the nearest stop.
Across all routes, there are approximately 220 daily trips, equating to about 24 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Flora Hill - Spring Gully is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts
Flora Hill - Spring Gully faces significant health challenges.
Common health conditions are somewhat prevalent across both younger and older age cohorts. The rate of private health cover is approximately 52% of the total population (~5,017 people), slightly higher than the average SA2 area. Mental health issues affect 12.4% of residents, while asthma impacts 9.3%. Around 62.7% of residents declare themselves completely clear of medical ailments, compared to 62.0% across Rest of Vic. The area has 16.7% of residents aged 65 and over (1,598 people), lower than the 18.9% in Rest of Vic. Health outcomes among seniors present some challenges, broadly in line with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Flora Hill - Spring Gully is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Flora Hill-Spring Gully showed lower cultural diversity, with 90.5% citizens, 89.6% born in Australia, and 92.9% speaking English only at home as of 2016 Census data. Christianity was the predominant religion, at 41.4%. Buddhism was slightly overrepresented at 1.6%, compared to 1.4% regionally.
Top ancestry groups were English (31.1%), Australian (27.5%), and Irish (12.2%). Scottish (9.5%) and German (3.6%) showed notable overrepresentation, while Sri Lankan was slightly higher at 0.2%.
Frequently Asked Questions - Diversity
Age
Flora Hill - Spring Gully's population is slightly younger than the national pattern
The median age in Flora Hill - Spring Gully is 37 years, which is significantly lower than Victoria's average of 43 and close to Australia's national average of 38. The age profile shows that those aged 15-24 are prominent, making up 17.3% of the population, while those aged 65-74 comprise only 8.8%. Since 2021, the 25 to 34 age group has grown from 13.3% to 15.9%, and the 15 to 24 cohort has increased from 15.6% to 17.3%. Conversely, the 5 to 14 age group has declined from 12.3% to 10.7%, and the 55 to 64 group has dropped from 12.2% to 11.1%. By 2041, demographic projections indicate significant shifts in Flora Hill - Spring Gully's age structure. The 25 to 34 age cohort is projected to rise substantially by 81%, increasing from 1,527 to 2,764 people. Conversely, the 55 to 64 group is expected to contract by 56 residents.