Plenty - Yarrambat

An assessment of population growth drivers in Plenty - Yarrambat reveals an overall ranking slightly below national averages considering recent, and medium term trends

Based on AreaSearch's analysis, Plenty - Yarrambat's population is around 9,702 as of Feb 2026. This reflects an increase of 248 people (2.6%) since the 2021 Census, which reported a population of 9,454 people. The change is inferred from the estimated resident population of 9,609 from the ABS as of June 2024 and an additional 38 validated new addresses since the Census date. This population level equates to a density ratio of 333 persons per square kilometer, providing significant space per person and potential room for further development. Plenty - Yarrambat's 2.6% growth since the census positions it within 0.2 percentage points of the SA3 area (2.8%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, which was essentially the sole driver of 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. Anticipating future population dynamics, a significant population increase in the top quartile of national statistical areas is forecast, with the area expected to expand by 2,260 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 22.3% in total over the 17 years.

The level of residential development activity in Plenty - Yarrambat is very low in comparison to the average area assessed nationally by AreaSearch

Plenty - Yarrambat has averaged around 22 new dwelling approvals annually, totalling 113 homes over the past 5 financial years. So far in FY-26, 8 approvals have been recorded. Given population has fallen over the past period, housing supply has remained adequate relative to demand, creating a well-balanced market with good buyer choice, while new homes are being built at an average value of $763,000, demonstrating a developer focus on the premium segment with upmarket properties. Additionally, $13.8 million in commercial approvals have been registered this financial year, demonstrating moderate levels of commercial development.

Relative to Greater Melbourne, Plenty - Yarrambat has similar development levels (per person), maintaining market balance consistent with the broader area. This level is likewise lower than nationally, reflecting market maturity and pointing to possible development constraints. New development consists of 95.0% standalone homes and 5.0% medium and high-density housing, preserving the area's low density nature with an emphasis on detached housing attracting space-seeking buyers. The estimated count of 703 people in the area per dwelling approval reflects its quiet, low activity development environment.

Looking ahead, Plenty - Yarrambat is expected to grow by 2,167 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Plenty - Yarrambat has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 42 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Plenty River Flood Management Works, St Helena Place, Mill Park Wetlands Upgrade, and North East Link - Connections, with the list below detailing those likely to be of most relevance.

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.

Employment conditions in Plenty - Yarrambat rank among the top 10% of areas assessed nationally

Plenty - Yarrambat possesses a well-educated workforce, with the construction sector a particular standout in terms of representation, an unemployment rate of just 1.4%, and 1.0% in estimated employment growth over the past year. As of December 2025, 5,702 residents are in work while the unemployment rate is 3.3% below Greater Melbourne's rate of 4.8%, and workforce participation is broadly similar to Greater Melbourne's 71.3%. Based on Census responses, a high 32.4% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Leading employment industries among residents comprise construction, health care & social assistance, and education & training. The area has particular employment specialization in construction, with an employment share of 1.7 times the regional level. Conversely, professional & technical services show lower representation at 8.0% versus the regional average of 10.1%. The predominantly residential area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, during the year to December 2025, employment levels increased by 1.0% and the labour force increased by 1.2%, causing the unemployment rate to rise by 0.2 percentage points. This contrasts with Greater Melbourne, where employment rose by 2.4%, the labour force grew by 2.8%, and unemployment rose 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Plenty - Yarrambat. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Plenty - Yarrambat's employment mix suggests local employment should increase by 6.6% over five years and 13.4% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

As per AreaSearch's latest postcode level ATO data released for FY-23, the Plenty - Yarrambat SA2's median income among taxpayers is $64,770, with an average of $89,609. This is extremely high nationally, and compares to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $70,114 (median) and $97,002 (average) as of September 2025. According to 2021 Census figures, household incomes rank exceptionally at the 91st percentile ($2,554 weekly). The earnings profile shows the predominant cohort spans 29.2% of locals (2,832 people) in the $1,500 - 2,999 category, reflecting patterns seen in the metropolitan region where 32.8% similarly occupy this range. A significant 42.2% earn above $3,000 weekly, reflecting pockets of prosperity that drive robust local economic activity. After housing costs, residents retain 88.6% of income, reflecting strong purchasing power, and the area's SEIFA income ranking places it in the 8th decile.

Plenty - Yarrambat is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Dwelling structure within Plenty - Yarrambat, as evaluated at the latest Census, comprised 95.9% houses and 4.1% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Plenty - Yarrambat was well beyond that of Melbourne metro, at 43.8%, with the remainder of dwellings either mortgaged (49.5%) or rented (6.7%). The median monthly mortgage repayment in the area was well above the Melbourne metro average at $2,272, while the median weekly rent figure was recorded at $480, compared to Melbourne metro's $2,000 and $390. Nationally, Plenty - Yarrambat's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are substantially above the national figure of $375.

Plenty - Yarrambat features high concentrations of family households, with a higher-than-average median household size

Family households dominate at 86.3% of all households, comprising 50.1% couples with children, 27.6% couples without children, and 7.7% single parent families. Non-family households make up the remaining 13.7%, with lone person households at 12.7% and group households comprising 0.9% of the total. The median household size of 3.0 people is larger than the Greater Melbourne average of 2.6.

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

Educational qualifications in Plenty - Yarrambat trail regional benchmarks, with 29.5% of residents aged 15+ holding university degrees compared to 37.0% in Greater Melbourne. This gap highlights potential for educational development and skills enhancement. Bachelor degrees lead at 19.7%, followed by postgraduate qualifications (6.6%) and graduate diplomas (3.2%). Trade and technical skills feature prominently, with 32.4% of residents aged 15+ holding vocational credentials, including advanced diplomas (11.6%) and certificates (20.8%).

Educational participation is notably high, with 29.2% of residents currently enrolled in formal education. This includes 9.5% in secondary education, 9.3% in primary education, and 5.3% pursuing tertiary education.

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

Public transport analysis reveals 56 active transport stops operating within Plenty - Yarrambat, comprising a mix of buses. These stops are serviced by 6 individual routes, collectively providing 2,083 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 352 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 93%. Vehicle ownership averages 2.1 per dwelling, which is above the regional average. A high 32.4% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 297 trips per day across all routes, equating to approximately 37 weekly trips per individual stop.

Plenty - Yarrambat's residents are relatively healthy in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Plenty - Yarrambat's health metrics sit close to national benchmarks, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. A standard level of common health conditions is seen across both young and old age cohorts, and the rate of private health cover is exceptionally high at approximately 65% of the total population (6,325 people). This compares to 56.7% across Greater Melbourne and a national average of 55.7%.

The most common medical conditions in the area are arthritis and asthma, impacting 7.1% and 6.6% of residents, respectively, while 72.3% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. Working-age residents are notably healthy with low chronic condition prevalence. The area has 19.8% of residents aged 65 and over (1,921 people), which is higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are above average, with national rankings higher than the general population.

The level of cultural diversity witnessed in Plenty - Yarrambat was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Plenty - Yarrambat was found to be above average in terms of cultural diversity, with 19.9% of its population born overseas and 17.4% speaking a language other than English at home. The main religion in Plenty - Yarrambat is Christianity, which makes up 58.5% of people in the area. This compares to 43.0% across Greater Melbourne.

In terms of ancestry (country of birth of parents), the top three represented groups in Plenty - Yarrambat are English, comprising 24.0% of the population, Australian, comprising 23.3% of the population, and Italian, comprising 11.2% of the population, which is substantially higher than the regional average of 5.2%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Macedonian is notably overrepresented at 2.0% of Plenty - Yarrambat (vs 0.7% regionally), Maltese at 1.5% (vs 1.1%) and Greek at 3.5% (vs 2.7%).

Plenty - Yarrambat's median age exceeds the national pattern

The 43-year median age in Plenty - Yarrambat is considerably higher than Greater Melbourne's average of 37 as well as substantially exceeding the 38-year national average. The age profile shows 55 - 64 year-olds are particularly prominent (14.3%), while the 25 - 34 group is comparatively smaller (7.4%) than in Greater Melbourne. In the period since 2021, the 75 to 84 age group has grown from 4.9% to 6.7% of the population. Conversely, the 25 to 34 cohort has declined from 8.6% to 7.4%. Looking ahead to 2041, demographic projections reveal significant shifts in Plenty - Yarrambat's age structure. The 45 to 54 age cohort is projected to increase solidly, expanding by 443 people (30%) from 1,497 to 1,941. Meanwhile, the 0 to 4 cohort grows by a modest 1% (3 people).