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 is around 11,033 as of Feb 2026. This reflects an increase of 471 people since the 2021 Census, which reported a population of 10,562 people. The change was inferred from the estimated resident population of 10,608 in June 2024 and an additional 248 validated new addresses since the Census date. This level of population equates to a density ratio of 19.8 persons per square kilometer. Kyneton's growth rate of 4.5% since census positions it within 2.3 percentage points of the SA3 area (6.8%). Population growth was primarily driven by overseas migration, contributing approximately 89.1% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections from 2023 with adjustments made employing weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, a significant population increase in the top quartile of Australia's non-metropolitan areas is forecast, with Kyneton expected to grow by 2,864 persons to 2041 based on latest annual ERP population numbers, reflecting a gain of 22.1% 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. However, this figure decreased to 0.6 people per dwelling over the past two financial years. Development projects averaged $436,000 in construction value.

In FY26, $32.5 million in commercial approvals were registered. Compared to Rest of Vic., Kyneton shows 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.

The area has approximately 260 people per dwelling approval, indicating a low density market. By 2041, Kyneton is projected to add 2,439 residents (AreaSearch quarterly estimate). Development pace appears reasonable 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

Infrastructure changes significantly influence an area's performance. AreaSearch has identified six projects potentially impacting this region. Notable ones are Kyneton Central, Kyneton Showgrounds Master Plan Implementation, Kyneton on Riverside, and Ambrosia Estate.

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 is 2.1%, lower than the Rest of Vic.'s 3.8%. Employment growth over the past year was estimated at 2.2%.

As of September 2025, 5,272 residents are employed. The area's unemployment rate is 1.6% below that of the Rest of Vic., and workforce participation matches its regional level at 61.4%. Notably, 30.7% of residents work from home, potentially influenced by Covid-19 lockdowns. Key industries include health care & social assistance, construction, and manufacturing.

Kyneton specializes in professional & technical roles, with an employment share 1.8 times the regional level, but has a lower representation in health care & social assistance at 11.9% compared to the Rest of Vic.'s 16.8%. Many residents commute elsewhere for work. In the 12 months prior, employment increased by 2.2%, labour force by 2.5%, leading to an unemployment rise of 0.3 percentage points. This contrasts with the Rest of Vic., which saw employment and labour force declines of 0.7% and 0.6% respectively. Jobs and Skills Australia's national employment forecasts from May-25 suggest a potential future demand within Kyneton, projecting national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Kyneton's employment mix indicates local employment could increase by 6.1% over five years and 12.8% over ten years.

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

The Kyneton SA2 had a higher income level than average nationally according to AreaSearch aggregated ATO data for financial year 2023. The median income among taxpayers was $52,808 and the average income stood at $74,327. These figures compared to Rest of Vic.'s median of $50,954 and average of $62,728 respectively. Based on a 8.25% growth in wages since financial year 2023, estimated incomes for September 2025 would be approximately $57,165 (median) and $80,459 (average). Census 2021 data showed household, family, and personal incomes ranked modestly in Kyneton, between the 42nd and 47th percentiles. The earnings profile revealed that 32.4% of individuals earned between $1,500 - 2,999, reflecting regional patterns where 30.3% fell within this range. 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

The dwelling structure in Kyneton, as per the latest Census evaluation, consisted of 91.4% houses and 8.6% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Vic.'s 90.1% houses and 9.9% other dwellings. Home ownership in Kyneton was at 42.4%, aligning with Non-Metro Vic., while the remaining dwellings were either mortgaged (39.6%) or rented (18.0%). The median monthly mortgage repayment in the area was $1,737, above Non-Metro Vic.'s average of $1,430. The median weekly rent figure was recorded at $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 constitute 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 comprise the remaining 28.4%, with lone person households at 25.9% and group households making up 2.6%. The median household size is 2.4 people, which aligns with the Rest of Vic. average.

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

The area's educational profile is notable regionally, with university qualification rates at 31.5% of residents aged 15+, surpassing the Rest of Vic. average of 21.7% and the SA4 region average of 25.4%. Bachelor degrees are the 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, 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 active public transport stops offering a mix of train services. These are serviced by 21 routes providing 1,166 weekly passenger trips in total. Transport accessibility is good with residents located an average of 357 meters from the nearest stop. Most residents commute outward due to its residential nature. Car remains dominant at 88%, with walking accounting for 6%. Vehicle ownership averages 1.7 per dwelling, exceeding the regional average.

According to the 2021 Census, a high 30.7% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 166 trips per day 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 based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are high, with common health conditions prevalent across both younger and older age cohorts.

Private health cover is very high at approximately 56% of the total population (~6,189 people), compared to 50.5% across Rest of Vic. Mental health issues impact 9.7% of residents, while arthritis impacts 9.3%. A total of 64.1% declare themselves completely clear of medical ailments, compared to 63.4% across Rest of Vic. Working-age residents show above average prevalence of chronic health conditions. The area has 23.9% of residents aged 65 and over (2,637 people). Health outcomes among seniors are above average, with national rankings even higher than 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 level below average, with 89.0% of its population being Australian citizens, 84.9% born in Australia, and 94.6% speaking English only at home. The predominant religion in Kyneton was Christianity, accounting for 43.8% of the population. Judaism, however, was overrepresented, comprising 0.2% compared to 0.1% across the rest of Victoria.

In terms of ancestry, the top three groups were English (31.5%), Australian (27.7%), and Irish (12.1%). Other ethnic groups showed notable variations: Scottish was overrepresented at 10.0% (vs regional 8.8%), Welsh at 0.7% (vs 0.4%), and Maltese at 0.8% (vs 0.5%).

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 higher than Australia's national norm of 38. The 45-54 age group makes up 15.1%, compared to Rest of Vic., while the 25-34 cohort is less prevalent at 8.8%. According to post-2021 Census data, the 15-24 age group has grown from 8.9% to 10.1%. Conversely, the 55-64 cohort has declined from 14.0% to 12.5%. By 2041, Kyneton's age composition is expected to shift notably. The 45-54 group is projected to grow by 29%, adding 489 people and reaching 2,153 from its current 1,663. Meanwhile, the 65-74 cohort grows by a modest 5%, with an increase of 68 people.