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 was 10,686 as of May 2026, according to AreaSearch's analysis. This figure represents a rise of 124 people since the 2021 Census, which recorded a population of 10,562. The increase is inferred from ABS' estimated resident population of 10,665 in June 2025 and an additional 257 validated new addresses post-Census. This results in a density ratio of 19.2 persons per square kilometer. Kyneton's growth rate of 1.2% since the Census is within 2.8 percentage points of its SA4 region's growth (4.0%). Overseas migration contributed approximately 84.1% 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 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, Kyneton is projected to grow by 2,762 persons, a 25.6% increase over the 16-year period.

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

Kyneton averaged approximately 61 new dwelling approvals annually. Over the past five financial years, from FY-21 to FY-25, a total of 306 homes were approved, with an additional 31 approved so far in FY-26. On average, about 1.3 new residents arrived per new home over these five years, indicating balanced supply and demand conditions. However, this figure decreased to 0.6 people per dwelling over the past two financial years, suggesting more balanced supply conditions recently.

The average construction value of development projects in Kyneton is $436,000, reflecting a focus on premium market developments. This year has seen $32.5 million in commercial approvals, indicating strong local business investment. Compared to the rest of Victoria, Kyneton has 13.0% less new development per person but ranks among the 58th percentile nationally for new development.

The majority of new developments consist of detached houses (92.0%) with a smaller portion being attached dwellings (8.0%), maintaining the area's low density nature and appealing to space-seeking buyers. The location currently has approximately 260 people per dwelling approval, further emphasizing its low-density market status. According to AreaSearch quarterly estimates, Kyneton is projected to gain around 2,741 residents by 2041. If current construction levels continue, housing supply may lag behind population growth, potentially intensifying buyer competition and supporting price growth.

Kyneton has emerging levels of nearby infrastructure activity, ranking in the 28thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified six projects that may impact this region. Key projects include Kyneton Central, Kyneton Showgrounds Master Plan Implementation, Kyneton on Riverside, and Ambrosia Estate. The following list details those likely most relevant.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

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

Kyneton has a well-educated workforce with diverse sector representation. The unemployment rate is 2.0%, with an estimated employment growth of 1.8% over the past year as of December 2025. There are 5,292 residents in work, and the unemployment rate is 1.7% lower than Regional Vic.'s rate of 3.7%.

Workforce participation is on par with Regional Vic.'s 61.0%. According to Census responses, 30.7% of residents work from home, though Covid-19 lockdown impacts should be considered. The key industries of employment among residents are health care & social assistance, construction, and manufacturing. Kyneton has a particular employment specialization in professional & technical services, with an employment share 1.8 times the regional level.

However, health care & social assistance is under-represented, with only 11.9% of Kyneton's workforce compared to 16.8% in Regional Vic.. While local employment opportunities exist, many residents commute elsewhere for work based on Census data. In the 12-month period ending May-25, employment increased by 1.8%, labour force increased by 1.8%, and unemployment remained essentially unchanged. By comparison, Regional Vic. recorded an employment decline of 0.6%, labour force decline of 0.7%, and a decrease in unemployment by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. 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, although this is a simplified extrapolation for illustrative purposes and does not account for localized population projections.

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

The median income among taxpayers in Kyneton SA2 was $52,808 and the average income stood at $74,327 according to ATO data aggregated by AreaSearch for the financial year 2023. This compares with figures for Regional Vic., which had a median income of $50,954 and an average income of $62,728. Based on Wage Price Index growth of 9.62% since the financial year 2023, current estimates suggest approximately $57,888 for the median income and $81,477 for the average income as of March 2026. In Kyneton, household, family, and personal incomes all ranked modestly according to Census 2021 data, between the 42nd and 47th percentiles. The earnings profile showed that 32.4% of individuals (3,462 people) earned within the $1,500 - $2,999 range, similar to regional levels where 30.3% fell into this bracket. After housing costs, residents retained 86.9% of their income, indicating strong purchasing power. The area's SEIFA income ranking placed it 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% being semi-detached, apartments, or other types. This is compared to Regional Vic., which had 90.1% houses and 9.9% other dwellings. Home ownership in Kyneton stood at 42.4%, similar to Regional Vic.'s rate. The rest of the dwellings were either mortgaged (39.6%) or rented (18.0%). The median monthly mortgage repayment in the area was $1,737, higher than Regional Vic.'s average of $1,430. The median weekly rent figure for Kyneton was $351, compared to Regional 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 29.5% couples with children, 32.4% couples without children, and 8.7% single parent families. Non-family households make up 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 Regional Vic average.

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 SA4 region average of 25.4%, indicates a strong emphasis on higher education in the community. 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, including advanced diplomas (11.8%) and certificates (21.6%). Educational participation is 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

Public transport analysis shows 43 active stops operating in Kyneton, serving a mix of train services. These are covered by 21 individual routes, offering 1,166 weekly passenger trips combined. Transport accessibility is rated good, with residents typically living 357 metres from the nearest stop. In this mainly residential area, most commute outward; cars remain dominant at 88%, while walking accounts for 6%. Vehicle ownership averages 1.7 per dwelling, above regional average. Notably, 30.7% of residents work from home (2021 Census).

Service frequency averages 166 trips daily across all routes, equating to about 27 weekly trips per 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 according to an AreaSearch assessment. Mortality rates and chronic condition prevalence were found to be somewhat prevalent across both younger and older age cohorts.

The rate of private health cover was found to be very high at approximately 56% of the total population, which is around 5,994 people. This compares to a rate of 50.5% across Regional Victoria. The most common medical conditions in the area were mental health issues and arthritis, impacting 9.7% and 9.3% of residents respectively. Meanwhile, 64.1% of residents declared themselves as completely clear of medical ailments compared to 63.4% across Regional Victoria. Working-age residents show an above average prevalence of chronic health conditions. The area has 24.5% of residents aged 65 and over, which totals around 2,622 people. Health outcomes among seniors in the area 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 had a cultural diversity index below the average, with 89.0% citizens, 84.9% born in Australia, and 94.6% speaking English only at home. Christianity was the predominant religion, comprising 43.8%. Judaism was overrepresented at 0.2%, compared to 0.1% regionally.

For ancestry, the top three groups were English (31.5%), Australian (27.7%), and Irish (12.1%). Scottish (10.0%) and Welsh (0.7%) were notably overrepresented, while Maltese showed a smaller divergence at 0.8%.

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

Kyneton's median age is 46, which is higher than Regional Vic.'s figure of 43 and significantly above the national norm of 38. The 45-54 age group makes up 15.1%, compared to Regional Vic., while the 25-34 cohort is less prevalent at 8.2%. Post-2021 Census data shows the 75-84 age group has grown from 7.3% to 8.2%. Conversely, the 55-64 cohort has declined from 14.0% to 13.2%. By 2041, Kyneton's age composition is expected to shift notably. The 45-54 group will grow by 34%, reaching 2,158 people from 1,615. Meanwhile, the 65-74 cohort grows by a modest 8%, with an increase of 115 people.