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 around 9,579 as of May 2026. This reflects an increase of 125 people since the 2021 Census, which reported a population of 9,454 people. The change was inferred from the estimated resident population of 9,579 from the ABS as of June 2025 and an additional 38 validated new addresses since the Census date. This level of population equates to a density ratio of 328 persons per square kilometer. Plenty - Yarrambat's growth rate of 1.3% since census positions it within 0.5 percentage points of the SA3 area (1.8%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration, contributing approximately 81.9% 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 areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusting employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the area is forecasted to expand by 2,203 persons based on the latest annual ERP population numbers, reflecting an increase of 23.0% in total over the 16 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 averaged approximately 22 new dwelling approvals annually over the past five financial years, totalling 113 homes. As of FY-26, 10 approvals have been recorded. Despite population decline, housing supply has remained adequate relative to demand, maintaining a balanced market with good buyer choice. The average expected construction cost value for new homes is $763,000, indicating a focus on the premium segment.

In FY-26, $13.8 million in commercial approvals have been registered, demonstrating moderate levels of commercial development. Compared to Greater Melbourne, Plenty - Yarrambat has similar development levels per person, consistent with the broader area's market balance. However, these levels are lower than national averages, suggesting market maturity and possible development constraints. New development consists of 95% standalone homes and 5% medium to high-density housing, preserving the area's low density nature and attracting space-seeking buyers.

The estimated population per dwelling approval is 703 people, reflecting a quiet, low activity development environment. According to AreaSearch's latest quarterly estimate, Plenty - Yarrambat is expected to grow by 2,203 residents by 2041. If current development rates continue, housing supply may struggle to keep pace with population growth, potentially increasing buyer competition and supporting price increases.

Plenty - Yarrambat 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 41 projects that could impact the area. Notable projects include Plenty River Flood Management Works, St Helena Place, Mill Park Wetlands Upgrade, and North East Link - Tolling Services Package. The following list details those most likely to be 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

Yarrambat in Plenty has a well-educated workforce. The construction sector is notably represented with an unemployment rate of 1.4% and estimated employment growth of 1.0% over the past year as of December 2025. There are 5,702 residents employed, with an unemployment rate of 3.3%, which is below Greater Melbourne's rate of 4.8%.

Workforce participation is at 72.4%, comparable to Greater Melbourne's 69.9%. According to Census responses, 32.4% of residents work from home, potentially influenced by Covid-19 lockdowns. Leading employment industries are construction, health care & social assistance, and education & training. Construction has a high representation with an employment share of 1.7 times the regional level.

Conversely, professional & technical services show lower representation at 8.0% compared to the regional average of 10.1%. The predominantly residential area offers limited local employment opportunities, indicated by the count of Census working population versus resident population. From December 2024 to December 2025, employment levels increased by 1.0%, labour force grew by 1.2%, and unemployment rose by 0.2 percentage points. In contrast, Greater Melbourne saw employment rise by 2.4% and the labour force grow by 2.8%, with unemployment rising by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Yarrambat's employment mix suggests local employment should increase by 6.6% over five years and 13.4% over ten years, though this is a simplified extrapolation for illustrative purposes only.

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

In AreaSearch's latest postcode level ATO data for financial year 2023, Plenty - Yarrambat SA2 had a median income among taxpayers of $64,770 and an average of $89,609. Nationally, these figures are extremely high. In comparison, Greater Melbourne's median was $57,688 with an average of $75,164. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates as of March 2026 would be approximately $71,001 (median) and $98,229 (average). According to the 2021 Census figures, household incomes rank exceptionally high at the 91st percentile ($2,554 weekly). The earnings profile shows that 29.2% of locals (2,797 people) fall into the $1,500 - 2,999 income category, similar to metropolitan regions where 32.8% occupy this range. Notably, 42.2% earn above $3,000 weekly, indicating prosperity and robust local economic activity. 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 structures, as per the latest Census, consisted of 95.9% houses and 4.1% other dwellings such as semi-detached homes, apartments, and others. This is different from Melbourne metro's structure which was 67.9% houses and 32.1% other dwellings. Home ownership in Plenty - Yarrambat stood at 43.8%, with the remaining dwellings either mortgaged (49.5%) or rented (6.7%). The median monthly mortgage repayment was $2,272, higher than Melbourne metro's average of $2,000. Weekly rent in Plenty - Yarrambat was recorded at $480, compared to Melbourne metro's $390. Nationally, Plenty - Yarrambat's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were 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 account for 86.3% of all households, including 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 is 3.0 people, 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

In Plenty-Yarrambat trail region, 29.5% of residents aged 15 and above 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 also prevalent, with 32.4% of residents aged 15 and above holding such qualifications - 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 moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Plenty-Yarrambat has 56 active public transport stops operating within its boundaries, all of which are bus stops. These stops are serviced by six different routes that collectively facilitate 2,083 weekly passenger trips. The accessibility to these stops is rated as good, with residents typically located 352 meters from the nearest stop. As a primarily residential area, most residents commute outward for work or other purposes. The car remains the dominant mode of transport, used by 93% of residents. Vehicle ownership averages 2.1 per dwelling in Plenty-Yarrambat, which is above the regional average.

According to the 2021 Census data (which may reflect COVID-19 conditions), a high 32.4% of residents work from home. The service frequency across all routes averages 297 trips per day, 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

Yarrambat's health metrics closely align with national benchmarks, as assessed by AreaSearch using mortality rates and chronic condition prevalence data from April 2023. The area exhibits a standard level of common health conditions across both young and elderly residents. Private health cover is exceptionally high at approximately 65% (6,245 people), compared to Greater Melbourne's 56.7% and the national average of 55.7%.

As of April 2023, arthritis impacts 7.1%, asthma affects 6.6%, and 72.3% of residents report no medical ailments, similar to Greater Melbourne's 72.6%. Working-age residents display low chronic condition prevalence. The area has 19.2% (1,837 people) aged 65 and over, higher than Greater Melbourne's 15.0%, with health outcomes among seniors ranking above average nationally.

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 cultural diversity above 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%, compared to 43.0% across Greater Melbourne. The top three ancestry groups are English (24.0%), Australian (23.3%), and Italian (11.2%), which is significantly higher than the regional average of 5.2%.

Notably, Macedonian (2.0%) and Maltese (1.5%) populations are overrepresented compared to regional averages of 0.7% and 1.1%, respectively, while Greek representation stands at 3.5%, slightly above the regional average of 2.7%.

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 and exceeds the national average of 38 years. The age profile shows that those aged 55-64 are particularly prominent at 14.4%, while the 25-34 age group is smaller at 7.7% compared to Greater Melbourne. Between 2021 and present, the 75-84 age group has grown from 4.9% to 6.2% of the population, and the 15-24 cohort increased from 13.9% to 15.1%. Conversely, the 25-34 age group has declined from 8.6% to 7.7%. Looking ahead to 2041, demographic projections show that the 45-54 age cohort is expected to increase by 455 people (31%) from 1,475 to 1,931. Meanwhile, the 0-4 age cohort is projected to grow by a modest 2% (7 people).