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

Plenty - Yarrambat's population is approximately 9,699 as of November 2025. This figure represents an increase of 245 people since the 2021 Census, which recorded a population of 9,454. The growth is inferred from ABS estimated resident population figures: 9,609 in June 2024 and an additional 37 validated new addresses post-Census. This results in a population density of 333 persons per square kilometer. Plenty - Yarrambat's growth rate of 2.6% since the 2021 Census exceeds the SA3 area's growth rate of 2.3%. Overseas migration was the primary driver of this growth.

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 employs VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Plenty - Yarrambat is projected to have a population of approximately 11,959, reflecting an increase of 2,260 persons and 22.4% overall growth over the 17-year period.

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

Plenty - Yarrambat averaged approximately 22 new dwelling approvals annually over the past five financial years ending June 2021, totalling 113 homes. As of May 2026, 5 approvals have been recorded in this financial year. The population has decreased during this period, yet housing supply has remained adequate relative to demand, indicating a balanced market with good buyer choice. New homes are being built at an average construction cost value of $763,000, suggesting a focus on the premium segment with upmarket properties.

This fiscal year has seen $13.8 million in commercial approvals, reflecting moderate levels of commercial development. Compared to Greater Melbourne, Plenty - Yarrambat has similar development levels per capita, maintaining market balance consistent with the broader area. However, these levels are lower than national averages, possibly indicating market maturity and potential development constraints. Ninety-five percent of new developments consist of standalone homes, while 5% are medium or high-density housing, preserving the area's low-density nature and attracting space-seeking buyers.

With an estimated 703 people per dwelling approval, it reflects a quiet, low-activity development environment. By 2041, Plenty - Yarrambat is projected to grow by approximately 2,170 residents (based on AreaSearch's latest quarterly estimate). At current development rates, housing supply may struggle to keep pace with population growth, potentially increasing buyer competition and supporting price increases.

Plenty - Yarrambat has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly affect an area's performance. AreaSearch has identified 42 projects that may impact this region. Notable projects include Plenty River Flood Management Works, St Helena Place, Mill Park Wetlands Upgrade, and North East Link - Connections. The following list details those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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

Plenty - Yarrambat has a well-educated workforce with significant representation in the construction sector. Its unemployment rate is 1.3%.

Over the past year, employment has remained relatively stable. As of September 2025, 5,655 residents are employed, with an unemployment rate of 3.4%, below Greater Melbourne's rate of 4.7%. Workforce participation stands at 66.8%, slightly higher than Greater Melbourne's 64.1%. Leading employment industries include construction, health care & social assistance, and education & training.

The area specializes in construction, with an employment share 1.7 times the regional level. Conversely, professional & technical services show lower representation at 8.0% compared to the regional average of 10.1%. Employment opportunities locally may be limited, as indicated by Census data comparing working population to resident population. Between September 2024 and September 2025, employment levels increased by 0.1%, while labour force grew by 0.1%, keeping unemployment relatively stable at 3.4%. In contrast, Greater Melbourne saw employment rise by 3.0% and unemployment increase to 5.0%. State-level data from 25-Nov-25 shows Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with an unemployment rate of 4.7%, slightly higher than the national rate of 4.3%. National employment forecasts from May-25 project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Plenty - Yarrambat's employment mix suggests local employment should increase by approximately 6.6% over five years and 13.4% over ten years, though this is a simple extrapolation for illustrative purposes and does not account for localized population projections.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch released postcode level ATO data for financial year 2022. Plenty - Yarrambat SA2's median income among taxpayers was $60,740, with an average of $84,416. Nationally, these figures are high compared to Greater Melbourne's median of $54,892 and average of $73,761. By September 2025, estimates suggest the median income would be approximately $68,126 and the average around $94,681, based on a 12.16% Wage Price Index growth since financial year 2022. According to 2021 Census figures, household incomes rank at the 91st percentile with weekly earnings of $2,554. The dominant income bracket is $1,500 - 2,999, with 29.2% of locals earning within this range. Notably, 42.2% earn above $3,000 weekly. After housing costs, residents retain 88.6% of their income, reflecting strong purchasing power. 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

Plenty - Yarrambat's dwelling structure, as per the latest Census, consisted of 95.9% houses and 4.1% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 93.9% houses and 6.0% other dwellings. Home ownership in Plenty - Yarrambat stood at 43.8%, with mortgaged dwellings at 49.5% and rented ones at 6.7%. The median monthly mortgage repayment was $2,272, higher than Melbourne metro's $2,167. Weekly rent in the area averaged $480, compared to Melbourne metro's $431. Nationally, Plenty - Yarrambat's mortgage repayments were significantly higher at $2,272 versus Australia's average of $1,863, while rents were substantially higher at $480 compared to the national figure of $375.

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

Family households account for 86.3% of all households, consisting of couples with children (50.1%), couples without children (27.6%), and single parent families (7.7%). Non-family households make up the remaining 13.7%, with lone person households at 12.7% and group households comprising 0.9%. The median household size is 3.0 people, larger than the Greater Melbourne average of 2.9.

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

In Plenty-Yarrambat trail region, 29.5% of residents aged 15 years and over hold university degrees, compared to Greater Melbourne's 37.0%. Bachelor degrees are the most common at 19.7%, followed by postgraduate qualifications (6.6%) and graduate diplomas (3.2%). Vocational credentials are held by 32.4% of residents aged 15 years and over, with advanced diplomas at 11.6% and certificates at 20.8%. Educational participation is 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 good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Plenty-Yarrambat has 58 active public transport stops operating within its boundaries. These are served by a mix of buses along six individual routes, collectively facilitating 3,258 weekly passenger trips. Transport accessibility is rated good, with residents typically located 353 meters from the nearest stop.

Service frequency averages 465 trips per day across all routes, equating to approximately 56 weekly trips per individual stop.

Plenty - Yarrambat's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Plenty - Yarrambat. Both young and old age cohorts saw low prevalence of common health conditions. The rate of private health cover was exceptionally high at approximately 62% of the total population (6,052 people), compared to 60.1% across Greater Melbourne.

Nationally, this average is 55.3%. The most common medical conditions were arthritis and asthma, impacting 7.1 and 6.6% of residents respectively. 72.3% declared themselves completely clear of medical ailments, compared to 70.6% across Greater Melbourne. As of the latest data (2021), 19.1% of residents were aged 65 and over (1,848 people). Health outcomes among seniors were above average, broadly in line with the general population's health profile.

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 has a higher cultural diversity than average, with 19.9% of its population born overseas and 17.4% speaking a language other than English at home. Christianity is the predominant religion in Plenty-Yarrambat, comprising 58.5% of the population, compared to 44.3% across Greater Melbourne. The top three ancestry groups in Plenty-Yarrambat are English (24.0%), Australian (23.3%), and Italian (11.2%).

Notably, Macedonian (2.0%) and Maltese (1.5%) ethnicities are overrepresented compared to regional averages of 0.7% and 1.0%, respectively, while Greek ethnicity is also relatively high at 3.5%.

Plenty - Yarrambat's median age exceeds the national pattern

The median age in Plenty-Yarrambat is 43 years, which is higher than Greater Melbourne's average of 37 years and exceeds the national average of 38 years. The age profile shows that those aged 55-64 are particularly prominent at 14.2%, while those aged 25-34 make up only 7.6% of the population, which is smaller than in Greater Melbourne. Between 2021 and present, the 75 to 84 age group has increased from 4.9% to 6.2% of the population, while the 15 to 24 cohort has risen from 13.9% to 15.1%. Conversely, the 25 to 34 cohort has decreased from 8.6% to 7.6%. By 2041, demographic projections indicate significant shifts in Plenty-Yarrambat's age structure. The 75 to 84 age group is projected to rise substantially by 459 people (76%), from 602 to 1,062. Conversely, both the 0 to 4 and 35 to 44 age groups are expected to decrease in numbers.