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 around 10,838 as of November 2025. This reflected an increase of 276 people since the 2021 Census, which reported a population of 10,562 people. The change was inferred from the estimated resident population of 10,627 in June 2024 and an additional 239 validated new addresses since the Census date. This level of population equated to a density ratio of 19.5 persons per square kilometer. Population growth was primarily driven by overseas migration, contributing approximately 89.1% of overall population gains during recent periods.

AreaSearch adopted 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 utilised the VIC State Government's Regional/LGA projections released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. A significant population increase was forecast in the top quartile of regional areas nationally, with the area expected to grow by 2,864 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 24.3% in total over the 17 years.

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 FY21 to FY25, a total of 306 homes were approved, with an additional 15 approved so far in FY26. On average, around 1.3 new residents arrived per new home over these five years, suggesting balanced supply and demand conditions. However, this ratio 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 was $436,000, reflecting a focus on premium market developments. In FY26, there have been $32.5 million in commercial approvals, indicating robust 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.

New development primarily consists of detached houses (92.0%) and attached dwellings (8.0%), preserving the area's low density nature and attracting space-seeking buyers with its emphasis on detached housing. The location has approximately 260 people per dwelling approval, further indicating a low-density market. According to AreaSearch's latest quarterly estimate, Kyneton is forecasted to 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 moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified six projects expected to impact the region. Notable initiatives include Kyneton Central, Kyneton Showgrounds Master Plan Implementation, Kyneton on Riverside, and Ambrosia Estate. The following list details those 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'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 2.2%.

As of September 2025, 5,272 residents were employed, and the unemployment rate was 1.6% lower than Rest of Vic.'s rate of 3.8%. Workforce participation was similar to Rest of Vic.'s 57.4%. Key industries included health care & social assistance, construction, and manufacturing. Employment specialization in professional & technical services was high, at 1.8 times the regional level.

However, health care & social assistance employment was under-represented compared to Rest of Vic., with only 11.9% of Kyneton's workforce. Many residents commute elsewhere for work based on Census data analysis. In the 12-month period ending September 2025, employment increased by 2.2%, labour force by 2.5%, leading to a unemployment rise of 0.3 percentage points. By comparison, Rest of Vic. saw employment and labour force declines of 0.7% and 0.6% respectively, with marginal unemployment increase. State-level data as of 25-Nov-25 showed VIC employment grew by 1.13%, adding 41,950 jobs, with an unemployment rate of 4.7%. National forecasts from May-25 project 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 employment should increase by 6.1% over five years and 12.8% over ten years, based on simple weighting extrapolation for illustrative purposes only.

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

The median income among taxpayers in Kyneton SA2 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 had a median income of $48,741 and an average income of $60,693. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Kyneton SA2 would be approximately $58,286 (median) and $79,787 (average) as of September 2025. According to Census 2021 income 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 patterns seen at regional levels where a similar proportion occupies this earnings band. After 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, as evaluated at the latest Census held on 28 August 2016, consisted of 91.4% houses and 8.6% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This is compared to Non-Metro Vic., which had 95.2% houses and 4.8% other dwellings. Regarding home ownership in Kyneton, it was recorded at 42.4%, with the remaining dwellings either mortgaged (39.6%) or rented (18.0%). The median monthly mortgage repayment in the area stood at $1,737, while the median weekly rent figure was $351. In comparison, Non-Metro Vic.'s averages were $1,600 and $320 respectively. Nationally, Kyneton's mortgage repayments were lower than the Australian average of $1,863, as recorded on 9 June 2021, while rents were also less than the national figure of $375 reported during the same period.

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

Family households compose 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 Rest of 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 is 31.5%, higher than the Rest of Vic average of 21.7% and the SA4 region average of 25.4%. Bachelor degrees are the most common at 19.9%, followed by postgraduate qualifications (6.9%) and graduate diplomas (4.7%). Vocational credentials are held by 33.4% of residents aged 15+, with advanced diplomas at 11.8% and certificates at 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, served by a mix of train and bus routes. There are 21 individual routes operating in total, offering 1,058 weekly passenger trips combined. The average distance from residents to the nearest stop is 357 meters, indicating good transport accessibility.

On average, there are 151 trips per day across all routes, which translates to around 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, as per data from the Australian Bureau of Statistics Census 2016, showed lower than average cultural diversity. Its population was predominantly citizens (89.0%), born in Australia (84.9%), and spoke English only at home (94.6%). Christianity was the predominant religion, with 43.8% of Kyneton's population adhering to it.

Judaism, however, was marginally overrepresented compared to the rest of Victoria, making up 0.2% of Kyneton's population versus 0.2%. In terms of ancestry, the top three groups were English (31.5%), Australian (27.7%), and Irish (12.1%). Notably, Scottish ancestry was equally represented in Kyneton (10.0%) as it was regionally (10.1%), Welsh (0.7% vs 0.7%) and Maltese (0.8% vs 0.6%) were also similarly represented.

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

Kyneton has a median age of 46, which is higher than both Victoria's figure of 43 and the national norm of 38. The age group of 45-54 is strongly represented at 15.3%, compared to Victoria's figure. However, the 25-34 age group is less prevalent in Kyneton at 8.5%. Post-2021 Census data shows that the 15-24 age group has grown from 8.9% to 10.1% of Kyneton's population, while the 55-64 cohort has declined from 14.0% to 12.6%. By 2041, Kyneton is expected to experience notable shifts in its age composition. The 25-34 age group is projected to grow by 57%, increasing from 922 to 1,447 people. Meanwhile, the 55-64 cohort is expected to grow by a modest 6%, with an increase of 82 people.