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Sales Activity
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Population
Lysterfield is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
Based on AreaSearch's analysis, Lysterfield's population is around 6,679 as of Nov 2025. This reflects an increase of 85 people (1.3%) since the 2021 Census, which reported a population of 6,594 people. The change is inferred from the estimated resident population of 6,614 from the ABS as of June 2024 and an additional 45 validated new addresses since the Census date. This level of population equates to a density ratio of 361 persons per square kilometer. Lysterfield's 1.3% growth since census positions it within 2.7 percentage points of the SA4 region (4.0%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, contributing approximately 77.9% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising 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 from these aggregations are also applied across all areas for years 2032 to 2041. Looking at population projections moving forward, a population increase just below the median of statistical areas analysed by AreaSearch is expected, with the area expected to grow by 344 persons to 2041 based on the latest population numbers, reflecting an increase of 4.2% in total over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development drivers sees a low level of activity in Lysterfield, placing the area among the bottom 25% of areas assessed nationally
Lysterfield averaged approximately 18 new dwelling approvals annually over the past five financial years, from FY21 to FY25, with a total of 92 homes approved during this period. In FY26, up until now, 3 dwellings have been approved. Despite population decline, housing supply has remained adequate relative to demand, indicating a balanced market with good buyer choice.
The average construction cost value for new properties is $499,000, suggesting developers target the premium market segment with higher-end properties. This financial year has seen $820,000 in commercial approvals registered, reflecting a predominantly residential focus. Comparatively, Lysterfield has about two-thirds the rate of new dwelling approvals per person when measured against Greater Melbourne. Nationally, it ranks among the 31st percentile of areas assessed, offering more limited choices for buyers and supporting demand for existing homes. This activity is lower than the national average, indicating market maturity and possible development constraints.
New building activity in Lysterfield comprises 82.0% detached dwellings and 18.0% townhouses or apartments, maintaining its traditional low-density character focused on family homes appealing to those seeking space. This shift from the area's existing housing (currently 100.0% houses) suggests decreasing availability of developable sites and reflects changing lifestyles and demand for more diverse, affordable housing options. The estimated population per dwelling approval in Lysterfield is 535 people, reflecting its quiet, low-activity development environment. By 2041, the area is projected to grow by 279 residents. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Lysterfield has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified four projects likely to affect this region: Kings Park Masterplan, Angliss Hospital Expansion, Knoxfield Industrial Estate Redevelopment, and Dorset Road Extension. These are the key projects with potential relevance listed below.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Level Crossing Removal - Caulfield to Dandenong
Major infrastructure project removing 9 level crossings by elevating the railway line between Caulfield and Dandenong on the Cranbourne-Pakenham corridor. Includes complete redevelopment of 5 elevated stations (Carnegie, Murrumbeena, Hughesdale, Clayton, and Noble Park) with modern facilities, improved accessibility, and integration with new public open space (22.5 hectares of parkland). Delivered as a single $1.6-2.4 billion package, significantly improving safety, reducing congestion, and enabling more train services.
Monash Freeway Upgrade Stage 2
Major $1.4 billion freeway upgrade adding 36km of new lanes between Warrigal Road and Cardinia Road. Includes upgraded Beaconsfield interchange with new diamond configuration, Police Road connection, Jackson Road direct link to EastLink, O'Shea Road extension and widening, smart lane management systems, and shared cycling paths. Completed end of 2022, reducing travel times by up to 9 minutes during peak hours for 470,000 daily users.
Angliss Hospital Expansion
Major redevelopment of Angliss Hospital including a new four-storey tower with a 32-bed inpatient unit, four new operating theatres, a new central sterile supply department, expanded outpatient services and a new main entrance. The all-electric expansion will increase surgical capacity and support growing healthcare demand in Melbourne's outer east.
EastLink Freeway Noble Park Section
39km tollway connecting the Eastern and Mornington Peninsula Freeways, featuring innovative design with the railway line running in the freeway median through Noble Park. Operated by ConnectEast, owned by Horizon Roads consortium. The freeway serves approximately 250,000 vehicles daily and includes two 1.6km tunnels protecting the Mullum Mullum valley.
Cranbourne Line Upgrade
Major $1 billion upgrade including 8km track duplication between Cranbourne and Dandenong (completed February 2022), new Merinda Park Station (opened), removal of level crossings, and infrastructure to support 10-minute train services. Creates capacity for 121,000 additional passengers per week. Track duplication complete, with final level crossings at Webster Street and Camms Road to be removed by 2025. Will be the first level crossing-free line on Melbourne's network.
Cranbourne Park Shopping Centre Expansion
$120 million expansion and revitalisation of Cranbourne Park Shopping Centre, delivering around 12,500 sqm of new retail including Target, a large-format Coles, ~55 specialty stores, a gym and commercial space. Works were completed in 2015. The centre is currently co-owned by Vicinity Centres (50%) and IP Generation (50%) and managed by Vicinity Centres.
Knoxfield Industrial Estate Redevelopment
Strategic long term plan to reposition the existing Knoxfield Industrial Estate at 20 Henderson Road into a higher amenity industrial and logistics precinct, with upgraded road access, internal circulation and infrastructure. The estate currently operates as a large distribution focused industrial park while Knox City Council and private sector partners progress planning and staging options for future redevelopment.
Dandenong South Intermodal Terminal
The Dandenong South Intermodal Terminal is a state-of-the-art 24-hour fully automated facility developed in partnership between Salta Properties and the Victorian Government. It features dedicated truck lanes, electric-powered Automated Rail Mounted Gantry Cranes for reduced noise and emissions, a Terminal Operating System integrated with vehicle booking and gate systems, and rail connectivity to improve freight efficiency in Melbournes south-east, reducing truck movements and enhancing supply chain operations.
Employment
Employment conditions in Lysterfield rank among the top 10% of areas assessed nationally
Lysterfield has a highly educated workforce. In the construction sector specifically, it has significant representation with an unemployment rate of just 1.5%.
Over the past year, estimated employment growth was 0.9%. As of June 2025, 4106 residents are employed while the unemployment rate is 3.1% lower than Greater Melbourne's rate of 4.6%. Workforce participation in Lysterfield stands at 72.8%, compared to Greater Melbourne's 64.1%. Leading employment industries among residents include construction, retail trade, and health care & social assistance.
The area shows strong specialization in construction, with an employment share 1.4 times the regional level. However, professional & technical services are under-represented, at 7.4% of Lysterfield's workforce compared to Greater Melbourne's 10.1%. Over the 12 months to June 2025, employment increased by 0.9% while labour force grew by 0.7%, leading to a fall in unemployment rate of 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Lysterfield's employment mix suggests local growth of approximately 6.2% over five years and 12.9% over ten years.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
AreaSearch's latest postcode level ATO data for financial year 2022 shows that Lysterfield has high national median income of $62,690 and average income of $77,451. Greater Melbourne's median income is $54,892 with an average of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, estimated incomes as of September 2025 are approximately $70,313 (median) and $86,869 (average). Census data shows household incomes rank at the 95th percentile ($2,756 weekly). Income brackets indicate that 30.1% of locals (2,010 people) fall into the $1,500 - 2,999 category, similar to broader trends across the area showing 32.8% in the same category. A substantial proportion, 46.0%, earn above $3,000/week indicating strong economic capacity throughout Lysterfield. After housing costs, residents retain 88.8% of income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Lysterfield is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Lysterfield's dwelling structure, as per the latest Census, consisted of 99.7% houses and 0.3% other dwellings. In contrast, Melbourne metro had 83.4% houses and 16.7% other dwellings. Home ownership in Lysterfield stood at 38.3%, with mortgaged dwellings at 54.3% and rented ones at 7.5%. The median monthly mortgage repayment was $2,200, higher than Melbourne metro's $2,000. Median weekly rent in Lysterfield was $435, compared to Melbourne metro's $400. Nationally, Lysterfield's mortgage repayments were significantly higher at $2,200 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Lysterfield features high concentrations of family households, with a higher-than-average median household size
Family households constitute 88.6 percent of all households, including 55.3 percent couples with children, 24.3 percent couples without children, and 8.5 percent single parent families. Non-family households account for the remaining 11.4 percent, with lone person households at 10.7 percent and group households comprising 0.7 percent of the total. The median household size is 3.1 people, larger than the Greater Melbourne average of 2.7 people.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Lysterfield exceeds national averages, with above-average qualification levels and academic performance metrics
Educational qualifications in Lysterfield trail Greater Melbourne's benchmarks, with 28.3% of residents aged 15+ holding university degrees compared to 37.0%. This gap suggests potential for educational development and skills enhancement. Bachelor degrees are the most common (20.7%), followed by postgraduate qualifications (5.0%) and graduate diplomas (2.6%). Vocational credentials are also prominent, with 32.9% of residents aged 15+ holding such qualifications – advanced diplomas at 11.9% and certificates at 21.0%.
Educational participation is high, with 30.5% of residents currently enrolled in formal education. This includes 9.5% in primary education, 9.4% in secondary education, and 6.2% pursuing tertiary education. Lysterfield Primary School serves the local area, with an enrollment of 510 students as of a recent report. The school focuses exclusively on primary education, with ICSEA score indicating above-average socio-educational conditions (1061). There is one school per 7.7 residents in Lysterfield, lower than the regional average of 12.0 schools per 100 residents. Some students may attend schools in adjacent areas due to limited local options for secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Lysterfield has 25 active public transport stops, all of which are bus stops. These stops are served by seven different routes that together facilitate 757 weekly passenger trips. The accessibility of these services is rated as good, with residents typically living within 263 meters of the nearest stop.
On average, there are 108 trips per day across all routes, which equates to approximately 30 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Lysterfield's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Health outcomes data shows excellent results across Lysterfield, with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 59% of the total population (3,927 people), compared to 51.8% across Greater Melbourne.
The most common medical conditions in the area are asthma and mental health issues, impacting 7.0 and 6.2% of residents respectively, while 74.5% of residents declare themselves completely clear of medical ailments, compared to 69.4% across Greater Melbourne. As of June 30, 2021, the area has 15.2% of residents aged 65 and over (1,017 people), which is lower than the 19.5% in Greater Melbourne. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Lysterfield was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Lysterfield was found to be more culturally diverse than most local markets, with 23.3% of its population born overseas and 18.9% speaking a language other than English at home. The predominant religion in Lysterfield is Christianity, making up 55.0% of the population, compared to 45.2% across Greater Melbourne. Regarding ancestry, the top three groups are Australian (25.4%), English (23.0%), and Other (9.3%).
Notably, certain ethnic groups are overrepresented in Lysterfield: Sri Lankan at 1.7% (vs regional 1.4%), Hungarian at 0.5% (vs 0.4%), and Italian at 6.7% (vs 3.7%).
Frequently Asked Questions - Diversity
Age
Lysterfield's median age exceeds the national pattern
Lysterfield's median age is 41 years, notably higher than Greater Melbourne's average of 37 and Australia's median of 38. Comparing with Greater Melbourne, Lysterfield has a higher proportion of 55-64 year-olds (17.3%) but fewer 25-34 year-olds (8.4%). This 55-64 group is significantly more prevalent than the national average of 11.2%. Post-2021 Census, the 65-74 age group rose from 8.1% to 9.5%, while the 75-84 cohort increased from 3.1% to 4.1%. Conversely, the 45-54 cohort decreased from 17.0% to 14.3%. By 2041, Lysterfield's age profile is projected to change significantly. The 75-84 cohort is expected to grow by 93%, adding 254 residents to reach 530. Residents aged 65 and older are anticipated to contribute 90% of the population growth. Conversely, declines are projected for the 0-4 and 5-14 age groups.