Kyneton

Kyneton lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Kyneton's population, as of November 2025, is approximately 11,022. This figure represents an increase of 460 people since the 2021 Census, which reported a population of 10,562. The growth is inferred from ABS data showing an estimated resident population of 10,608 in June 2024 and an additional 239 validated new addresses since the Census date. This results in a population density ratio of 19.8 persons per square kilometer. Kyneton's 4.4% growth since census is within 2.3 percentage points of its SA3 area (6.7%), indicating competitive growth fundamentals. Overseas migration contributed approximately 89.1% 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 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 years 2032 to 2041. By 2041, a significant population increase is forecast in the top quartile of Australia's non-metropolitan areas, with Kyneton expected to grow by 2,864 persons, reflecting a gain of 22.2% over the 17 years.

Residential development activity is slightly higher than average within Kyneton when compared nationally

Kyneton has received approximately 61 dwelling approvals per year over the past five financial years, totalling 306 homes. As of FY26, 20 approvals have been recorded. On average, 1.3 new residents arrived annually for each new home between FY21 and FY25, suggesting balanced supply and demand conditions. However, this ratio has decreased to 0.6 people per dwelling over the past two financial years, indicating more balanced supply conditions. The average construction value of development projects is $436,000, reflecting a focus on premium properties.

In FY26, $32.5 million in commercial approvals have been registered, demonstrating high local commercial activity. Compared to Rest of Vic., Kyneton has 13.0% lower construction activity per person and ranks at the 58th percentile nationally. Recent construction comprises 92.0% detached dwellings and 8.0% medium and high-density housing, preserving the area's low density nature.

The population density is approximately 260 people per dwelling approval. According to AreaSearch's latest quarterly estimate, Kyneton is projected to add 2,450 residents by 2041. Development pace appears reasonable in line with projected growth, though increasing competition among buyers is expected as the population expands.

Kyneton has emerging levels of nearby infrastructure activity, ranking in the 29thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified six projects likely impacting the area. Key projects are Kyneton Central, Kyneton Showgrounds Master Plan Implementation, Kyneton on Riverside, and Ambrosia Estate. The following details those most relevant.

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

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Kyneton ranks among the top 25% of areas assessed nationally for overall employment performance

Kyneton has a well-educated workforce with diverse sector representation. Its unemployment rate was 2.1% in the past year, with an estimated employment growth of 2.2%. As of September 2025, 5,272 residents are employed, with an unemployment rate of 1.6%, lower than Rest of Vic.'s 3.8%.

Workforce participation is at par with Rest of Vic.'s 61.4%. According to Census responses, 30.7% of residents work from home. Key industries include health care & social assistance, construction, and manufacturing. Kyneton has a high specialization in professional & technical jobs, with an employment share 1.8 times the regional level.

However, health care & social assistance is under-represented at 11.9% compared to Rest of Vic.'s 16.8%. Many residents commute elsewhere for work. Over a 12-month period ending in May-25, employment increased by 2.2%, labour force by 2.5%, and unemployment rose by 0.3 percentage points. In comparison, Rest of Vic. saw employment decline by 0.7% and labour force decline by 0.6%. National employment forecasts from Jobs and Skills Australia project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Kyneton's employment mix suggests local employment should increase by 6.1% over five years and 12.8% over ten years, though this is a simple extrapolation for illustrative purposes only.

The area's income profile falls below national averages based on AreaSearch analysis

The median income among taxpayers in Kyneton SA2 was $52,808 in financial year 2023, higher than the national average. The average income stood at $74,327 for the same period. This compares to figures of $50,954 and $62,728 respectively for Rest of Vic. Based on Wage Price Index growth of 8.25%, estimated median and average incomes as of September 2025 would be approximately $57,165 and $80,459 respectively. According to Census 2021 data, household, family and personal incomes in Kyneton rank modestly, between the 42nd and 47th percentiles. The earnings profile shows that 32.4% of individuals earn within the $1,500 - $2,999 range, reflecting regional patterns where 30.3% similarly occupy this band. After housing costs, residents retain 86.9% of their income, indicating strong purchasing power and placing the area's SEIFA income ranking in the 6th decile.

Kyneton is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Kyneton, as per the latest Census evaluation, 91.4% of dwellings were houses with the remaining 8.6% comprising semi-detached homes, apartments, and other types. This is similar to Non-Metro Vic.'s figures of 90.1% houses and 9.9% other dwellings. Home ownership in Kyneton stood at 42.4%, with mortgaged properties at 39.6% and rented dwellings at 18.0%. The median monthly mortgage repayment in the area was $1,737, higher than Non-Metro Vic.'s average of $1,430. Median weekly rent in Kyneton was $351, compared to Non-Metro Vic.'s $285. Nationally, Kyneton's mortgage repayments were lower than the Australian average of $1,863, and rents were less than the national figure of $375.

Kyneton has a typical household mix, with a fairly typical median household size

Family households account for 71.6% of all households, including couples with children at 29.5%, couples without children at 32.4%, and single parent families at 8.7%. Non-family households make up the remaining 28.4%, with lone person households at 25.9% and group households comprising 2.6% of the total. The median household size is 2.4 people, which matches the average for the Rest of Vic.

The educational profile of Kyneton exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate of 31.5%, exceeding the Rest of Vic average of 21.7% and the SA4 region's 25.4%, indicates a strong emphasis on higher education. Bachelor degrees are most prevalent at 19.9%, followed by postgraduate qualifications (6.9%) and graduate diplomas (4.7%). Vocational credentials are also prominent, with 33.4% of residents aged 15+ holding them, including advanced diplomas (11.8%) and certificates (21.6%). Educational participation is high, with 27.8% currently enrolled in formal education, including 11.0% in primary, 7.7% in secondary, and 3.6% in tertiary education.

Educational participation is notably high, with 27.8% of residents currently enrolled in formal education. This includes 11.0% in primary education, 7.7% in secondary education, and 3.6% pursuing tertiary education.

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

Kyneton has 43 operational public transport stops offering a mix of train services. These are served by 21 routes, facilitating 1,166 weekly passenger trips in total. The area's transport accessibility is rated as good, with residents typically living 357 meters from the nearest stop. Most commuters travel outward due to Kyneton's residential nature. Car remains the primary mode of transportation at 88%, while walking accounts for 6%. On average, there are 1.7 vehicles per dwelling, exceeding the regional norm.

Notably, 30.7% of residents work from home (2021 Census), which may be influenced by COVID-19 conditions. The service frequency averages 166 trips daily across all routes, equating to approximately 27 weekly trips per individual stop.

Health performance in Kyneton is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Kyneton faces significant health challenges, as assessed by AreaSearch's mortality rates and chronic condition prevalence. Common health conditions are somewhat prevalent across both younger and older age cohorts.

The rate of private health cover is very high at approximately 56% of the total population (around 6,183 people), compared to 50.5% across the rest of Victoria. Mental health issues and arthritis were found to be the most common medical conditions in the area, impacting 9.7 and 9.3% of residents respectively. Meanwhile, 64.1% of residents declared themselves completely clear of medical ailments, compared to 63.4% across the rest of Victoria. Working-age residents show an above-average prevalence of chronic health conditions. The area has 23.9% of residents aged 65 and over (around 2,637 people). Health outcomes among seniors are above average, with national rankings even higher than those of the general population.

Kyneton ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Kyneton, surveyed in June 2016, showed low cultural diversity: 89.0% were Australian citizens, 84.9% born there, and 94.6% spoke English only at home. Christianity was the dominant religion, at 43.8%. Judaism's representation, though small (0.2%), exceeded the regional average (0.1%).

The top three ancestry groups were English (31.5%), Australian (27.7%), and Irish (12.1%). Notably, Scottish (10.0% vs 8.8%) and Welsh (0.7% vs 0.4%) were overrepresented, as was Maltese (0.8% vs 0.5%).

Kyneton hosts an older demographic, ranking in the top quartile nationwide

Kyneton has a median age of 46, which is higher than the Rest of Vic.'s figure of 43 and significantly higher than the national norm of 38. The 45-54 age group comprises 15.3%, while the 25-34 cohort makes up 8.5%. Post-2021 Census data indicates that the 15 to 24 age group has increased from 8.9% to 10.1%. Conversely, the 55 to 64 cohort has decreased from 14.0% to 12.6%. By 2041, Kyneton is projected to experience notable shifts in its age composition. The 25-34 group is expected to grow by 54%, adding 509 people and reaching 1,447 from the current 937. Meanwhile, the 55-64 cohort is projected to grow by a modest 4%, adding 59 people.