Point Cook - North West

Point Cook - North West lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Point Cook - North West's population was around 10,197 as of November 2025. This reflects an increase of 632 people since the 2021 Census, which reported a population of 9,565 people. The change is inferred from the estimated resident population of 10,165 from the ABS as of June 2024 and an additional 104 validated new addresses since the Census date. This level of population equates to a density ratio of 3,468 persons per square kilometer. Over the past decade, Point Cook - North West has demonstrated resilient growth patterns with a 2.0% compound annual growth rate, outpacing the metropolitan area. Population growth for the area was primarily driven by overseas migration that contributed approximately 72.6% 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. Considering the projected demographic shifts, a significant population increase in the top quartile of Australian statistical areas is forecast, with the area expected to expand by 3,698 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 36.0% in total over the 17 years.

Residential development activity is lower than average in Point Cook - North West according to AreaSearch's national comparison of local real estate markets

Point Cook - North West has seen approximately 14 dwellings granted development approval each year over the past five financial years. This totals 74 homes from FY-21 to FY-25. In FY-26, three approvals have been recorded so far.

On average, 5.8 people per year have moved to the area for each dwelling built during this period. This high demand outpaces new supply, typically leading to price growth and increased buyer competition. New properties are constructed at an average cost of $373,000. Compared to Greater Melbourne, Point Cook - North West has significantly lower building activity, 91.0% below the regional average per person. This limited supply generally supports stronger demand and higher values for established properties. Nationally, this area also records lower building activity, suggesting market maturity and potential development constraints. New building activity consists of 29.0% detached houses and 71.0% medium and high-density housing.

This shift towards higher-density living offers more affordable entry points, appealing to downsizers, investors, and first-home buyers. This marks a significant change from the current housing mix, which is predominantly houses (89.0%). The location has approximately 5634 people per dwelling approval, indicating an established market. By 2041, Point Cook - North West is projected to grow by 3,666 residents. At current development rates, housing supply may struggle to keep pace with population growth, potentially intensifying buyer competition and supporting price increases.

Point Cook - North West has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified two projects likely affecting this region: Suburban Rail Loop West, Yurran P-9 College and Ngurraga School with Enabling Infrastructure (Point Cook South West), Ison Road Extension, Hoppers Crossing Town Centre Urban Design Framework.

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Point Cook - North West ranks among the top 25% of areas assessed nationally for overall employment performance

Point Cook - North West has a highly educated workforce with strong professional services representation. Its unemployment rate is 3.0%, lower than Greater Melbourne's 4.7%.

Employment growth over the past year was estimated at 5.1%. As of September 2025, there are 6,160 residents in work, with an unemployment rate of 1.6% below Greater Melbourne's rate and workforce participation at 72.4%, above Greater Melbourne's 64.1%. Leading employment industries include health care & social assistance, professional & technical services, and retail trade. The area has a significant employment specialization in finance & insurance, with an employment share of 1.5 times the regional level.

However, education & training has limited presence at 6.8%, compared to the regional average of 9.2%. Over the past year, ending September 2025, employment increased by 5.1% while labour force grew by 5.6%, resulting in a 0.5 percentage point rise in unemployment rate. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%, with a 0.3 percentage point increase in unemployment rate. State-level data to 25-Nov-25 shows Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%. National employment forecasts from Jobs and Skills Australia indicate a projected growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Point Cook - North West's employment mix suggests local employment should increase by 6.7% over five years and 13.7% over ten years, based on simple weighting extrapolation for illustrative purposes.

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. Point Cook - North West SA2's median income among taxpayers was $56,478, with an average of $70,033. Nationally, the median was lower at $51,900 and the average was $78,000. In Greater Melbourne, the median was $54,892 and the average was $73,761. By September 2025, estimated median income would be approximately $63,346 and average $78,549, based on Wage Price Index growth of 12.16%. According to 2021 Census figures, household incomes ranked at the 89th percentile ($2,439 weekly). Distribution data showed that 38.6% (3,936 people) fell into the $1,500 - 2,999 income category. Surrounding regions had a similar pattern with 32.8% in this range. High earnings were evident as 36.9% of households earned over $3,000 weekly, supporting consumer spending. Housing costs consumed 15.4% of income, but strong earnings placed disposable income at the 88th percentile. The area's SEIFA income ranking was in the 8th decile.

Point Cook - North West is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Point Cook - North West's dwellings, as per the latest Census, consisted of 89.1% houses and 10.9% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 88.1% houses and 12.0% other dwellings. Home ownership in Point Cook - North West stood at 14.0%, with the rest being mortgaged (53.7%) or rented (32.2%). The median monthly mortgage repayment was $2,000, above Melbourne metro's average of $1,924. Median weekly rent was $400, compared to Melbourne metro's $370. Nationally, Point Cook - North West's mortgage repayments exceeded the Australian average of $1,863, while rents were higher than the national figure of $375.

Point Cook - North West features high concentrations of family households, with a higher-than-average median household size

Family households constitute 87.0% of all households, including 56.0% couples with children, 19.3% couples without children, and 10.5% single parent families. Non-family households account for the remaining 13.0%, with lone person households at 10.3% and group households comprising 2.6%. The median household size is 3.2 people, which is larger than the Greater Melbourne average of 3.1.

Point Cook - North West shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Point Cook - North West shows significant superiority over broader standards. Among residents aged 15+, 44.7% possess university qualifications, compared to the Australian average of 30.4% and the SA4 region's 32.0%. This notable educational advantage indicates strong potential for knowledge-based opportunities in the area. Bachelor degrees are most prevalent at 26.5%, followed by postgraduate qualifications (15.2%) and graduate diplomas (3.0%).

Vocational pathways account for 24.1% of qualifications among those aged 15+, with advanced diplomas at 10.6% and certificates at 13.5%. Educational participation is notably high, with 36.1% of residents currently enrolled in formal education. This includes 14.3% in primary education, 8.5% in secondary education, and 5.6% pursuing tertiary education.

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

Point Cook - North West has 16 active public transport stops operating within its boundaries. These stops serve a mix of bus routes. There are two individual routes in total, providing 1,099 weekly passenger trips combined.

The transport accessibility is rated as good, with residents typically located 302 meters from the nearest stop. On average, there are 157 trips per day across all routes, which equates to approximately 68 weekly trips per individual stop.

Point Cook - North West's residents boast exceedingly positive health performance metrics with common health conditions somewhat prevalent across both younger and older age cohorts

Point Cook - North West shows excellent health outcomes. Common conditions are prevalent in both younger and older age groups.

Private health cover is high at approximately 54% (~5,547 people), compared to Greater Melbourne's 51.4%. Asthma and mental health issues are most common, affecting 5.6% and 5.4% respectively. 81.7% report no medical ailments, compared to 79.2% in Greater Melbourne. 7.5% (~765 people) are aged 65 and over. Seniors' health outcomes require more attention than the broader population.

Point Cook - North West is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Point Cook - North West, as per the Australian Bureau of Statistics Census 2016 data, has a population where 55.2% speak languages other than English at home. Born overseas comprise 54.2%. Christianity is the predominant religion, with 41.2%.

Hinduism stands out at 16.3%, compared to Greater Melbourne's 15.7%. Top ancestry groups are Other (19.0%), Indian (14.3%), and English (13.3%). Notable ethnic group divergences include Serbian (0.9% vs regional 0.5%) and Maltese (1.8% vs 1.7%).

Point Cook - North West hosts a young demographic, positioning it in the bottom quartile nationwide

Point Cook - North West has a median age of 35 years, which is younger than Greater Melbourne's 37 and the national average of 38. The 35-44 age group comprises 21.0%, higher than Greater Melbourne but lower than the national average of 14.2%. The 25-34 cohort makes up 11.9%, lower than both Greater Melbourne and the national average. Between 2021 and present, the 15 to 24 age group has increased from 11.8% to 13.7%, while the 45 to 54 cohort has risen from 13.8% to 15.2%. Conversely, the 25 to 34 cohort has decreased from 13.7% to 11.9%, and the 35 to 44 group has dropped from 22.4% to 21.0%. By 2041, population forecasts indicate significant demographic shifts in Point Cook - North West. The 45 to 54 age cohort is projected to rise substantially by 938 people (60%), from 1,551 to 2,490. Meanwhile, the 5 to 14 cohort is expected to grow modestly by 5% (90 people).