Kyneton
Statistical Area - sa2

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 was 10,562 according to the 2021 Census. By August 2025, it had increased to around 10,729, a rise of 167 people (1.6%). This growth is inferred from ABS data showing an estimated resident population of 10,619 in June 2024 and the addition of 197 validated new addresses since the Census date. The population density is approximately 19.3 persons per square kilometer. Overseas migration contributed about 89.1% of recent population gains.

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, it utilises VIC State Government's Regional/LGA projections from 2023, adjusting with a weighted aggregation method. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the area is forecasted to grow by 25.6% in total, adding 2,864 persons based on current population numbers.

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

Kyneton averaged approximately 61 new dwelling approvals annually. The Australian Bureau of Statistics produces development approval data on a financial year basis. Between the financial years 2021 (FY-21) and 2025 (FY-25), 306 dwellings were approved, with an additional 4 approved in FY-26 to date. Over these five years, an average of 1.3 new residents arrived annually per new home. However, this has decreased to 0.6 people per dwelling over the past two financial years.

The average construction value for development projects was $708,000. In FY-26, there have been $32.5 million in commercial approvals. Compared to the Rest of Vic., Kyneton had 13.0% less new development per person as of recent data, ranking among the 59th percentile nationally.

New development consisted of 92.0% detached houses and 8.0% attached dwellings, maintaining the area's low density nature. As of approximately 260 people per dwelling approval, Kyneton indicates a low density market. By 2041, population forecasts suggest Kyneton will gain 2,743 residents. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and supporting price growth.

Kyneton has emerging levels of nearby infrastructure activity, ranking in the 24thth percentile nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified six projects potentially impacting the area. Notable ones are Kyneton Central, Kyneton Showgrounds Master Plan Implementation, Kyneton on Riverside, and Ambrosia Estate. The following details these projects, focusing on those most relevant.

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

Employment conditions in Kyneton demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Kyneton's workforce is well-educated with diverse sector representation. The unemployment rate was 2.1% in the past year, with an estimated employment growth of 1.2%.

As of June 2025, there were 5,251 residents employed, with an unemployment rate of 1.7%, below Rest of Vic.'s rate of 3.8%. Workforce participation was similar to Rest of Vic.'s at 57.4%. Key industries included health care & social assistance, construction, and manufacturing. Professional & technical services had a higher share of employment at 1.8 times the regional level, while health care & social assistance was under-represented at 11.9% compared to Rest of Vic.'s 16.8%.

Many residents commute elsewhere for work based on Census data. Over the past year, employment increased by 1.2%, labour force by 1.8%, leading to a rise in unemployment by 0.5 percentage points. In comparison, Rest of Vic. saw employment decline by 0.9% and unemployment rise by 0.4 percentage points. State-level data from Sep-25 showed VIC employment grew by 1.08% year-on-year, with an unemployment rate of 4.7%, slightly higher than the national rate of 4.5%. Jobs and Skills Australia's forecasts for May 2025 suggest national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Kyneton's employment mix suggests local growth of approximately 6.1%% over five years and 12.8% over ten years, although these are simple extrapolations for illustrative purposes only.

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

Kyneton's median income among taxpayers was $51,967 in financial year 2022. The average income stood at $71,137 during the same period. These figures compare to national averages of $48,741 and $60,693 respectively for Rest of Vic. Based on a Wage Price Index growth of 10.11% since financial year 2022, estimated median income would be approximately $57,221 by March 2025, with average income projected at around $78,329 during the same period. According to Census 2021 data, household, family and personal incomes in Kyneton rank modestly, between the 43rd and 47th percentiles. The earnings profile shows that 32.4% of the community (3,476 individuals) falls within the $1,500 - 2,999 earnings band, which is similar to patterns seen at regional levels where 30.3% occupy this range. After accounting for housing costs, residents retain 86.9% of their income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 6th decile.

Kyneton is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Dwelling structure in Kyneton, evaluated at the Census 2016, consisted of 91.4% houses and 8.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Non-Metro Vic.'s 95.2% houses and 4.8% other dwellings. Home ownership in Kyneton was at 42.4%, with mortgaged dwellings at 39.6% and rented dwellings at 18.0%. The median monthly mortgage repayment was $1,737, higher than Non-Metro Vic.'s average of $1,600. Median weekly rent in Kyneton was $351, compared to Non-Metro Vic.'s $320. Nationally, Kyneton's mortgage repayments were lower than the Australian average of $1,863, while 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 29.5% couples with children, 32.4% couples without children, and 8.7% single parent families. Non-family households constitute the remaining 28.4%, with lone person households at 25.9% and group households comprising 2.6%. The median household size is 2.4 people, which aligns with 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 educational profile in this area is notable regionally, with university qualification rates of 31.5% among residents aged 15+, surpassing both the Rest of Vic average of 21.7% and the SA4 region's rate of 25.4%. 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 such qualifications – advanced diplomas account for 11.8% and certificates for 21.6%. Educational participation is high, at 27.8%, including primary education (11.0%), secondary education (7.7%), and tertiary education (3.6%).

Kyneton has a robust network of nine schools serving approximately 2,246 students, with five primary and four secondary schools catering to distinct age groups. The area functions as an education hub, offering 20.9 school places per 100 residents – significantly higher than the regional average of 10.5 – attracting students from surrounding communities.

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

Kyneton has 43 active public transport stops, served by a mix of trains and buses. These stops are covered by 21 routes that collectively facilitate 1,058 weekly passenger trips. Residents enjoy good transport accessibility, with an average distance of 357 meters to the nearest stop.

The service frequency stands at 151 trips per day across all routes, translating to about 24 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 with common health conditions prevalent across both younger and older age cohorts. The rate of private health cover is high at approximately 55% of the total population (~5,900 people), compared to 52.9% across Rest of Vic..

Mental health issues and arthritis are the most common medical conditions in the area, impacting 9.7% and 9.3% of residents respectively. A total of 64.1% of residents declare themselves completely clear of medical ailments, compared to 63.4% across Rest of Vic.. The area has 23.9% of residents aged 65 and over (2,567 people). Health outcomes among seniors in Kyneton are above average, performing even better than the general population in health metrics.

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

Kyneton had a cultural diversity score below average as of 2016. Its population was predominantly Australian citizens, with 89.0% holding citizenship, and mostly born in Australia, at 84.9%. The language spoken primarily at home was English, at 94.6%.

Christianity was the dominant religion, comprising 43.8% of Kyneton's population. However, Judaism was overrepresented compared to the rest of Victoria, with 0.2% of Kyneton's population identifying as Jewish. The top three ancestry groups were English (31.5%), Australian (27.7%), and Irish (12.1%). Notably, Scottish ancestry was slightly overrepresented at 10.0%, while Welsh and Maltese were similarly represented compared to regional averages of 0.7% and 0.6%, respectively.

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

Kyneton's median age is 46, higher than Victoria's figure of 43 and significantly above the national average of 38. The 45-54 age group constitutes 15.3%, compared to Victoria's figure, while the 25-34 cohort makes up 8.5%. Post-2021 Census data indicates that the 15-24 age group has increased from 8.9% to 10.1%. Conversely, the 55-64 cohort has decreased from 14.0% to 12.6%. By 2041, Kyneton's demographic composition is expected to shift notably. The 25-34 age group is projected to grow by 58%, adding 533 people, reaching 1,447 from an initial figure of 913. Meanwhile, the 55-64 cohort is set to increase modestly by 7%, with a rise of 96 individuals.