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 Nov 2025, it had increased to around 10,838, a rise of 276 people (2.6%). This growth is inferred from ABS estimated resident population figures and validated new addresses since the Census date. The population density in Kyneton was 19.5 persons per square kilometer by Nov 2025. Overseas migration contributed approximately 89.1% of overall population gains recently.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, they use VIC State Government's Regional/LGA projections from 2023, adjusting 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's population is forecasted to increase by 2,864 persons, a total rise of 24.3% over the 17-year period.

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

Kyneton averaged approximately 61 new dwelling approvals annually. Between fiscal years FY-21 and FY-25, a total of 306 homes were approved, with an additional 11 approved so far in FY-26. Over the past five financial years, an average of 1.3 new residents per year arrived per new home. However, this figure decreased to 0.6 people per dwelling over the past two financial years.

Development projects averaged $436,000 in construction value. This fiscal year has seen $32.5 million in commercial approvals. Compared to the rest of Victoria, Kyneton has 13.0% less new development per person but ranks among the 59th percentile nationally for new development.

Ninety-two percent of new developments consist of detached houses, while 8.0% are attached dwellings. The area has approximately 260 people per dwelling approval. Population forecasts indicate Kyneton will gain 2,634 residents by 2041. 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 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 projects likely most relevant.

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

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

Kyneton has a well-educated workforce with diverse sector representation. The unemployment rate was 2.1% as of June 2025, which is 1.7% lower than the Rest of Vic.'s rate of 3.8%.

Employment growth in the past year was estimated at 1.2%. There are 5,251 residents currently employed. 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 of 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 Rest of Vic.. Many residents commute elsewhere for work based on Census data analysis. In the 12-month period ending June 2025, employment increased by 1.2%, labour force increased by 1.8%, and unemployment rose by 0.5 percentage points. By comparison, Rest of Vic. recorded an employment decline of 0.9%, labour force decline of 0.4%, with unemployment rising by 0.4 percentage points. According to Jobs and Skills Australia's national employment forecasts from May 2025, national employment is forecast to expand by 6.6% over five years and 13.7% over ten years. Applying these industry-specific projections to Kyneton's employment mix suggests local growth of approximately 6.1%% over five years and 12.8% over ten years.

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 are higher than those for Rest of Vic., which were $48,741 and $60,693 respectively. Based on a Wage Price Index growth rate of 12.16% since financial year 2022, estimated incomes as of September 2025 would be approximately $58,286 (median) and $79,787 (average). According to Census 2021 income data, household, family, and personal incomes in Kyneton rank modestly, between the 43rd and 47th percentiles. The earnings profile shows that 32.4% of individuals earn within the $1,500 - $2,999 range, reflecting regional patterns where a similar proportion occupies this earnings band. After housing costs, residents retain 86.9% of their income, indicating strong purchasing power. Kyneton'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

Kyneton's dwelling structure, as per the latest Census, consisted of 91.4% houses and 8.6% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Vic.'s 95.2% houses and 4.8% other dwellings. Home ownership in Kyneton stood 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, 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%, consisting of 25.9% lone person households and 2.6% group households. 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 area's university qualification rate is 31.5% among residents aged 15+, exceeding the Rest of Vic average of 21.7% and the SA4 region's rate of 25.4%. Bachelor degrees are most common at 19.9%, followed by postgraduate qualifications (6.9%) and graduate diplomas (4.7%). Vocational credentials are also prevalent, with 33.4% of residents aged 15+ holding such qualifications, including advanced diplomas (11.8%) and certificates (21.6%). Educational participation is high at 27.8%, with 11.0% in primary education, 7.7% in secondary education, and 3.6% pursuing tertiary education.

In Kyneton, nine schools educate approximately 2,246 students, serving distinct age groups with five primary and four secondary schools. The area functions as an education hub with 20.9 school places per 100 residents, significantly above the regional average of 10.5. It demonstrates above-average socio-educational conditions (ICSEA: 1059).

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

The analysis shows that Kyneton has 43 active public transport stops, serving a mix of train and bus services. These stops are covered by 21 different routes, offering a total of 1,058 weekly passenger trips. The accessibility to these services is rated as good, with residents on average located 357 meters from the nearest stop.

On average, there are 151 trips per day across all routes, which equates to approximately 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 very high at approximately 55% of the total population (~5,960 people), compared to 52.9% across Rest of Vic..

Mental health issues impact 9.7% of residents, while arthritis affects 9.3%. A total of 64.1% 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 (2,593 people). Health outcomes among seniors are above average, performing 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's population, surveyed in June 2016, showed low cultural diversity: 89.0% were Australian citizens, 84.9% were born in Australia, and 94.6% spoke English only at home. Christianity was the predominant religion, practiced by 43.8%. Judaism's representation was similar to regional levels at 0.2%.

Top ancestry groups were English (31.5%), Australian (27.7%), and Irish (12.1%). Some ethnic groups showed notable differences: Scottish (10.0% vs 10.1%), Welsh (0.7% vs 0.7%), Maltese (0.8% vs 0.6%).

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

Kyneton's median age is 46, which is higher than Victoria's figure of 43 and significantly above the national norm of 38. The 45-54 age group comprises 15.3%, compared to Rest of Vic., while the 25-34 cohort stands at 8.5%. According to post-2021 Census data, 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 age composition is expected to shift notably. The 25-34 group will grow by 57%, reaching 1,447 people from 922, while the 55-64 cohort will grow by a modest 6%, adding 82 people.