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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Population
Population growth drivers in Pascoe Vale South are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Pascoe Vale South's population was 10,834 as of November 2025. This showed an increase of 444 people since the 2021 Census, which recorded a population of 10,390. The growth was inferred from ABS data: an estimated resident population of 10,869 in June 2024 and 49 new addresses validated post-Census. This resulted in a density ratio of 3,623 persons per square kilometer, placing Pascoe Vale South in the upper quartile nationally according to AreaSearch's assessment. Overseas migration contributed approximately 79.2% 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, AreaSearch utilises 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, Pascoe Vale South is projected to have a population of 14,833, reflecting a 37.2% increase over the 17-year period.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Pascoe Vale South according to AreaSearch's national comparison of local real estate markets
Pascoe Vale South has seen approximately 47 new homes approved annually over the past five financial years, totalling 236 homes. As of FY-26, 10 approvals have been recorded. Despite a fall in population during this period, development activity has been adequate relative to other areas. The average construction cost value for new properties is $489,000, indicating developers are targeting the premium market segment with higher-end properties.
In FY-26, commercial development approvals totalling $2.4 million have been recorded, suggesting limited focus on commercial development compared to residential. Compared to Greater Melbourne, Pascoe Vale South has significantly lower building activity, approximately 60.0% below the regional average per person. Recent construction comprises 45.0% detached dwellings and 55.0% attached dwellings, marking a shift from existing housing patterns which are currently 80.0% houses. This increased focus on higher-density living creates more affordable entry points for downsizers, investors, and first-home buyers. With around 238 people per dwelling approval, Pascoe Vale South is considered a low density area. Population forecasts indicate Pascoe Vale South will gain approximately 4,034 residents by 2041.
If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Pascoe Vale South has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally
Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified 21 projects that could affect this region. Notable ones include York Street Park and Mixed-Use Development, Pascoe Vale South, Love Sydney Road Beautification and Enhancement Program, York Street Park - A Park Close to Home (Pascoe Vale South), and Northumberland Road Social Housing Development. The following list details those most relevant.
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Frequently Asked Questions - Infrastructure
York Street Park and Mixed-Use Development, Pascoe Vale South
Comprehensive redevelopment of a 6,634m2 site, divided into two parts: approximately 2,500m2 for a new fully-fenced public park (York Street Park) as part of the 'A Park Close to Home' initiative, and the remainder (approximately 6,634m2) for subdivision and sale for potential mixed-use development (residential, retail, or office). Park construction began in August 2025 and is scheduled for completion in December 2025. Council is also seeking community feedback on the proposed sale of the remaining Bell Street land.
Bell Street to Moreland Level Crossing Removal
Major infrastructure project removing dangerous level crossing at Bell Street and Moreland Road intersection. Construction of road bridge over railway line, improved traffic flow, enhanced pedestrian and cycling infrastructure, and upgraded public transport connectivity.
299 Pascoe Vale Road Mixed-Use Development
Multi-stage mixed-use development embracing the 20-minute neighbourhood concept. Stage 1 includes 6-storey mixed-use building with 25,000sqm retail, supermarkets, cinema, entertainment facilities, premium gym, medical centre, veterinary centre, childcare centre, and 20,000sqm car parking. Stage 2 features 2 residential buildings ranging from 7 storeys facing Pascoe Vale Road to 11 storeys facing rail corridor. The development includes green plaza, sustainable elements like solar PV, rainwater harvesting, and EV charging stations.
Love Sydney Road Beautification and Enhancement Program
Comprehensive community-driven streetscape improvement program along Sydney Road corridor. Enhanced pedestrian amenities, street furniture, public art installations, improved lighting, landscaping, cycling infrastructure, and support for local businesses through facade improvements and activation initiatives. Aims to strengthen the vibrant multicultural character of the strip.
York Street Park - A Park Close to Home (Pascoe Vale South)
Council is delivering a new local park of about 2,500 m2 at the corner of York Street and Westgate Street as part of Merri-bek's A Park Close to Home program. Demolition and consultation were completed through 2024, detailed design and tendering ran into early 2025, and construction commenced July 2025. The final design includes a grassed kick-about area, shaded play spaces, shelters, seating, paths, drinking fountain and extensive planting. Opening is scheduled for December 2025, subject to weather and program.
Napier Park Masterplan and Community Hub
Program of works to protect and enhance Napier Park's heritage Plains Grassy Woodland and improve local community facilities in the Loeman Street precinct. Recent stages have focused on stormwater harvesting and a new vegetated swale to support the river red gums and improve water quality before flows reach Five Mile Creek and Moonee Ponds Creek. Future stages are expected to deliver further landscape upgrades, paths and open space improvements that support a future community hub and early years facilities for nearby families.
Tram Route 55 Power Substation
Critical electrical infrastructure upgrade to support enhanced tram services on Route 55. Installation of modern power distribution equipment, improved reliability for public transport network, and integration with existing electrical systems.
Northumberland Road Social Housing Development
70 one and two bedroom apartments in two multi storey buildings linked by a central atrium. Part of Victorias $5.3b Big Housing Build. Designed by Caleb Smith Architect with landscape by John Patrick Landscape Architects. Targeting Livable Housing Australia Silver Level, 5 Star Green Star and 7 Star NatHERS ratings. Homes to be allocated from the Victorian Housing Register and managed by Housing Choices Australia.
Employment
Employment performance in Pascoe Vale South has been broadly consistent with national averages
Pascoe Vale South has an educated workforce with professional services well represented. Its unemployment rate was 4.5% in June 2025, below Greater Melbourne's 4.6%.
Employment grew by 6.6% over the past year. As of June 2025, 6,452 residents were employed, with an unemployment rate of 3.9%, slightly lower than Greater Melbourne's. Workforce participation was 68.6%, close to Greater Melbourne's 64.1%. Employment is concentrated in health care & social assistance, education & training, and professional & technical services.
Education & training has notably high levels, at 1.3 times the regional average. Manufacturing, however, is under-represented at 5.1% compared to Greater Melbourne's 7.2%. Limited local employment opportunities are suggested by Census data comparisons. Between June 2024 and June 2025, employment increased by 6.6%, labour force by 7.1%, raising the unemployment rate by 0.5 percentage points. In contrast, Greater Melbourne had employment growth of 3.5% and labour force growth of 4.0%. National employment forecasts from Jobs and Skills Australia (May 2025) project national growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Pascoe Vale South's employment mix suggests local growth of approximately 6.7% over five years and 13.8% over ten years, though these are simple extrapolations for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Pascoe Vale South's median income among taxpayers was $62,879 during financial year 2022. The average income stood at $76,794 in the same period. These figures compare to Greater Melbourne's median and average incomes of $54,892 and $73,761 respectively. By September 2025, estimates suggest the median income will be approximately $70,525 and the average income will be around $86,132, based on a Wage Price Index growth rate of 12.16%. Census data indicates that household, family, and personal incomes in Pascoe Vale South rank between the 74th and 80th percentiles nationally. Income analysis shows that 30.4% of locals (3,293 people) fall into the $1,500 - 2,999 income category, which is consistent with broader regional trends showing 32.8% in the same category. Economic strength is evident with 36.2% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 87.0% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Pascoe Vale South is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
As evaluated in the latest Census, dwelling structures in Pascoe Vale South comprised 80.4% houses and 19.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 46.2% houses and 53.8% other dwellings. Home ownership in Pascoe Vale South stood at 37.7%, with mortgaged dwellings at 37.9% and rented ones at 24.4%. The median monthly mortgage repayment was $2,167, higher than Melbourne metro's average of $2,149. Median weekly rent in Pascoe Vale South was $421, compared to Melbourne metro's $418. Nationally, Pascoe Vale South's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Pascoe Vale South features high concentrations of group households, with a higher-than-average median household size
Family households account for 74.2% of all households, including 40.6% couples with children, 22.6% couples without children, and 9.7% single parent families. Non-family households constitute the remaining 25.8%, with lone person households at 21.6% and group households comprising 4.1%. The median household size is 2.7 people, larger than the Greater Melbourne average of 2.3.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Pascoe Vale South exceeds national averages, with above-average qualification levels and academic performance metrics
The area's university qualification rate is 40.0%, significantly lower than the SA4 region average of 57.1%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 25.6%, followed by postgraduate qualifications (9.8%) and graduate diplomas (4.6%). Vocational pathways account for 24.4% of qualifications among those aged 15+, with advanced diplomas at 10.4% and certificates at 14.0%.
Educational participation is high, with 30.1% of residents currently enrolled in formal education. This includes 9.8% in primary education, 8.0% in secondary education, and 6.7% pursuing tertiary education. The area has two schools serving a total of 1,212 students: Pascoe Vale South Primary School and Antonine College. These schools demonstrate typical Australian school conditions (ICSEA score: 1038) with balanced educational opportunities. The educational mix includes one primary school and one K-12 school.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis reveals 41 active stops operating within Pascoe Vale South. These include a mix of light rail and bus services. Eleven routes service these stops collectively providing 6,233 weekly passenger trips.
Transport accessibility is rated good with residents typically located 203 meters from the nearest stop. Service frequency averages 890 trips per day across all routes equating to approximately 152 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Pascoe Vale South is notably higher than the national average with prevalence of common health conditions low among the general population though higher than the nation's average across older, at risk cohorts
Pascoe Vale South shows better-than-average health outcomes, with lower prevalence of common conditions among its general population compared to national averages.
However, older and at-risk cohorts have higher rates of these conditions. Approximately 58% (6,262 people) of the population has private health cover, which is exceptionally high. The most prevalent medical conditions are mental health issues affecting 7.7% of residents and asthma impacting 7.5%. A total of 71.9% of residents report no medical ailments, compared to 68.5% in Greater Melbourne. The area has a higher proportion of seniors aged 65 and over at 15.3% (1,658 people), compared to 12.1% in Greater Melbourne. Health outcomes among seniors require more attention than the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Pascoe Vale South 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
Pascoe Vale South had a higher cultural diversity than most local areas, with 23.4% of its population born overseas and 29.3% speaking a language other than English at home. Christianity was the predominant religion in Pascoe Vale South, accounting for 57.0% of the population, compared to 35.3% across Greater Melbourne. The top three ancestry groups were English (17.4%), Australian (17.0%), and Italian (17.0%), which was significantly higher than the regional average of 10.2%.
Notably, Greek ethnicity was overrepresented at 8.4%, compared to 5.1% regionally, Maltese at 1.7% vs 0.9%, and Lebanese at 1.7% vs 1.9%.
Frequently Asked Questions - Diversity
Age
Pascoe Vale South's population is slightly older than the national pattern
The median age in Pascoe Vale South is 39 years, which is higher than Greater Melbourne's average of 37 and close to the national average of 38. The 55-64 age group comprises 12.9% of the population in Pascoe Vale South, compared to 10.9% in Greater Melbourne, indicating over-representation. Conversely, the 25-34 age group is under-represented at 12.6%, compared to 17.8% in Greater Melbourne. According to the 2021 Census data, the 15-24 age group has grown from 12.1% to 13.2%, while the 5-14 age group has declined from 13.0% to 12.0%. By 2041, population forecasts suggest that the 45-54 age group will grow by 49%, increasing from 1,565 to 2,332 people.