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Sales Activity
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Population
Population growth drivers in Kangaroo Flat - Golden Square are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Kangaroo Flat - Golden Square's population is approximately 21,835 as of November 2025. This figure shows an increase of 792 people, representing a 3.8% rise since the 2021 Census, which recorded a population of 21,043. The growth is inferred from the estimated resident population of 21,488 in June 2024 and an additional 97 validated new addresses since the Census date. This results in a density ratio of 533 persons per square kilometer, indicating significant space per person and potential for further development. Kangaroo Flat - Golden Square's growth rate of 3.8% since the census is within 1.8 percentage points of the SA3 area's growth rate of 5.6%, suggesting competitive growth fundamentals. Overseas migration was the primary driver of population growth in 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 by this data, AreaSearch employs VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for the years 2032 to 2041. Future demographic trends forecast a significant population increase in the top quartile of Australia's non-metropolitan areas, with Kangaroo Flat - Golden Square expected to grow by 5,544 persons by 2041, representing a total gain of 23.5% over the 17-year period.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Kangaroo Flat - Golden Square when compared nationally
Kangaroo Flat - Golden Square has seen approximately 118 dwellings granted development approval annually. Over the past five financial years, from FY2021 to FY2025592 homes were approved, with an additional 14 approved in FY2026 so far. On average, about 1.2 new residents arrived per year for each new home during these five years.
This indicates a balanced supply and demand market, supporting stable conditions. The average construction cost of new homes was $238,000, which is below regional levels, suggesting more affordable housing options for buyers. In FY2026, commercial approvals totaling $21.0 million have been registered, indicating balanced commercial development activity. Compared to the rest of Victoria, Kangaroo Flat - Golden Square has about three-quarters the building activity per person and ranks in the 61st percentile nationally among assessed areas.
Recent construction consists of 62.0% standalone homes and 38.0% medium and high-density housing, with an increasing mix of townhouses and apartments offering diverse price points from family homes to compact living. This shift contrasts with the current 91.0% houses in the area, suggesting decreasing developable sites and changing lifestyles. The area reflects a low density population, with approximately 310 people per approval. Future projections estimate Kangaroo Flat - Golden Square will add around 5,132 residents by 2041. If current construction levels continue, housing supply may lag behind population growth, potentially intensifying buyer competition and supporting price growth.
Frequently Asked Questions - Development
Infrastructure
Kangaroo Flat - Golden Square has emerging levels of nearby infrastructure activity, ranking in the 32ndth percentile nationally
The performance of a region can greatly be influenced by changes in local infrastructure. AreaSearch has identified 36 projects that may impact this area. Notable among them are Kangaroo Flat Lifestyle Estate Expansion, Crusoe College Infrastructure, Kangaroo Flat Skate Park, and Kangaroo Rise Estate. The following list details those projects likely to be most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Golden Rise Bendigo
Golden Rise Bendigo is a seniors living community developed by Mercy Health, offering low-maintenance, contemporary two and three-bedroom homes with access to care services, a community hub, and landscaped gardens. The project is planned in multiple stages, aiming for approximately 180-190 units in total, co-located with aged care facilities for enhanced support.
Chum Street Remediation Project
Remediation and healing of Country for a 14-hectare former mining site in Golden Square, Bendigo, significantly degraded from gold mining activities since the 1850s. Delivered by Development Victoria in partnership with Dja Dja Wurrung Clans Aboriginal Corporation (DJAARA), City of Greater Bendigo, and the Environment Protection Authority. Detailed site investigations commenced in late March 2025, with remediation works scheduled for 2026. The project aims to restore land health and make the site safe and suitable for undetermined future community use.
Bendigo Foodshare Warehouse
A new $3.8 million food relief warehouse with triple the storage capacity of the previous facility, serving as stage one of a broader Community Food Hub to address food insecurity and support local produce distribution. Construction completed in July 2024, with official opening in September 2024.
Crusoe College Infrastructure
New secondary school infrastructure including modern classrooms, science laboratories, sports facilities and technology centers to serve the growing Bendigo region.
Kangaroo Flat Lifestyle Estate Expansion
Expansion of the over-50s lifestyle estate adding 73 new units with stormwater infrastructure improvements. The $13.8 million development includes a new community centre, internal road, and amenities in a bushland setting. The project requires excavation of a stormwater basin due to 2022 flooding and involves removal of 1.2ha of native vegetation across the 5.84ha site. The existing estate has 249 homes with 300+ residents and features comprehensive facilities including clubhouse, heated pool, gym, bowling green and cinema.
Kangaroo Flat Skate Park
New local-level skate park featuring beginner and intermediate zones for all skill levels including street-style elements, quarter pipes, ledges, and rails. Community amenities include seating, shelters, drinking fountains, shade structures, and BBQ facilities. Located opposite Gurri Wanyarra Wellbeing Centre with excellent access to Bendigo Creek Trail and Gateway Park.
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.
Bendigo Special Developmental School Upgrade
Major upgrade of Bendigo Special Developmental School to provide modern facilities for students with disabilities, including new classrooms, therapy rooms, and specialized learning environments.
Employment
AreaSearch assessment indicates Kangaroo Flat - Golden Square faces employment challenges relative to the majority of Australian markets
Kangaroo Flat - Golden Square has a skilled workforce with prominent representation in essential services sectors. The unemployment rate was 5.1% as of June 2025.
Employment growth over the past year was estimated at 0.6%. There were 9,438 residents employed while the unemployment rate was 1.3% higher than Rest of Vic.'s rate of 3.8%. Workforce participation was lower at 54.3%, compared to Rest of Vic.'s 57.4%. Employment is concentrated in health care & social assistance, retail trade, and manufacturing, with manufacturing particularly notable at 1.4 times the regional average.
Agriculture, forestry & fishing employs just 1.5% of local workers, below Rest of Vic.'s 7.5%. The area may offer limited employment opportunities locally, as indicated by Census data comparing working population to resident population. Over a 12-month period ending June 2025, employment increased by 0.6% while labour force increased by 1.8%, causing the unemployment rate to rise by 1.2 percentage points. By comparison, Rest of Vic. saw employment decline by 0.9%, labour force decline by 0.4%, and unemployment rise by 0.4 percentage points. National employment forecasts from Jobs and Skills Australia, released in May 2025, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Kangaroo Flat - Golden Square's employment mix suggests local growth of approximately 6.2% over five years and 13.3% over ten years.
Frequently Asked Questions - Employment
Income
Income figures position the area below 75% of locations analysed nationally by AreaSearch
According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year ended June 2022, Kangaroo Flat - Golden Square had a median income among taxpayers of $47,895 with the average level standing at $55,677. This is below the national average and compares to levels of $48,741 and $60,693 across Rest of Vic respectively. Based on Wage Price Index growth of 12.16% from financial year ended June 2022 to September 2025, current estimates would be approximately $53,719 (median) and $62,447 (average). Census data reveals household income in Kangaroo Flat - Golden Square falls between the 16th and 24th percentiles nationally. Income analysis reveals the $1,500 - 2,999 bracket dominates with 29.5% of residents (6,441 people), reflecting patterns seen in the region where 30.3% similarly occupy this range. Housing affordability pressures are severe, with only 84.8% of income remaining after housing costs, ranking at the 17th percentile nationally.
Frequently Asked Questions - Income
Housing
Kangaroo Flat - Golden Square is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Kangaroo Flat - Golden Square's dwelling structure, as per the latest Census, comprised 90.6% houses and 9.3% other dwellings. In comparison, Non-Metro Vic.'s figures were 90.6% houses and 9.4% other dwellings. Home ownership in Kangaroo Flat - Golden Square stood at 36.3%, with mortgaged dwellings at 32.2% and rented ones at 31.5%. The median monthly mortgage repayment was $1,300, lower than Non-Metro Vic.'s average of $1,408. The median weekly rent figure was $290, compared to Non-Metro Vic.'s $295. Nationally, Kangaroo Flat - Golden Square's mortgage repayments were significantly lower at $1,300 versus Australia's average of $1,863, while rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Kangaroo Flat - Golden Square features high concentrations of lone person households, with a lower-than-average median household size
Family households constitute 63.2% of all households, including 22.2% couples with children, 26.3% couples without children, and 13.5% single parent families. Non-family households comprise the remaining 36.8%, with lone person households at 33.4% and group households making up 3.4%. The median household size is 2.2 people, smaller than the Rest of Vic. average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Educational outcomes in Kangaroo Flat - Golden Square fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment
The area's university qualification rate is 18.6%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 12.6%, followed by postgraduate qualifications (3.3%) and graduate diplomas (2.7%). Vocational credentials are prominent, with 38.5% of residents aged 15+ holding them, including advanced diplomas (10.3%) and certificates (28.2%). Educational participation is high at 26.9%, comprising 9.6% in primary, 7.3% in secondary, and 3.1% in tertiary education.
Kangaroo Flat - Golden Square has a robust network of 9 schools serving approximately 2,492 students with typical Australian school conditions (ICSEA: 958). The educational mix includes 5 primary, 2 secondary, and 2 K-12 schools. School places per 100 residents are 11.5, below the regional average of 18.0, indicating some students may attend adjacent area schools. Note: for schools with 'n/a' enrolments, refer to the parent campus.
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
Kangaroo Flat - Golden Square has 135 active public transport stops. These are served by 21 routes offering 1,649 weekly passenger trips in total. Residents' average distance to the nearest stop is 286 meters.
Daily service frequency averages 235 trips across all routes, equating to about 12 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Kangaroo Flat - Golden Square is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts
Critical health challenges are evident across Kangaroo Flat - Golden Square, where a range of health conditions impact both younger and older age cohorts. The rate of private health cover is very low at approximately 48% of the total population (~10,393 people), compared to 50.5% across Rest of Vic., which is below the national average of 55.3%. Mental health issues and arthritis are the most common medical conditions in the area, impacting 11.5% and 11.3% of residents respectively.
Conversely, 58.1% of residents declare themselves completely clear of medical ailments, compared to 62.0% across Rest of Vic.. The area has a higher proportion of seniors aged 65 and over at 23.4%, with approximately 5,105 people falling into this age group, compared to 18.9% in Rest of Vic.. Health outcomes among seniors present some challenges, broadly aligning with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Kangaroo Flat - Golden Square ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics
Kangaroo Flat-Golden Square had a cultural diversity index below the average, with 89.3% of its residents being citizens, 88.8% born in Australia, and 92.0% speaking English only at home. Christianity was the predominant religion, practiced by 46.2% of the population. The most significant deviation from regional averages was observed in the 'Other' category, which constituted 1.0% compared to 0.7% across Rest of Vic..
In terms of ancestry, the top three groups were English (32.7%), Australian (30.2%), and Irish (9.0%). Notably, Scottish (8.7%) and Welsh (0.5%) groups were overrepresented in Kangaroo Flat-Golden Square compared to regional averages of 8.7% and 0.4%, respectively. Serbian ancestry was also slightly overrepresented at 0.2% versus the regional average of 0.1%.
Frequently Asked Questions - Diversity
Age
Kangaroo Flat - Golden Square hosts an older demographic, ranking in the top quartile nationwide
Kangaroo Flat-Golden Square's median age is 42 years, similar to Rest of Vic.'s average of 43 and older than Australia's 38 years as of 2021. The age profile shows that the 25-34 year-olds are prominent at 14.7%, while the 55-64 group is smaller at 10.7% compared to Rest of Vic.. Between 2021 and present, the 35-44 age group has grown from 11.9% to 13.3%. Conversely, the 55-64 cohort has declined from 11.9% to 10.7%. Population forecasts for 2041 indicate significant demographic changes. The 25-34 cohort is projected to grow by 55%, adding 1,771 residents to reach 4,990. Meanwhile, numbers in the 55-64 age range are expected to fall by 93%.