Springvale

Population growth drivers in Springvale are slightly above average based on AreaSearch's ranking of recent, and medium term trends

Springvale's population is approximately 24,490 as of February 2026. This figure represents an increase of 2,242 people, a 10.1% rise from the 2021 Census which reported a population of 22,248. The change is inferred from ABS estimated resident population data of 24,111 as of June 2024 and an additional 362 validated new addresses since the Census date. This results in a population density ratio of 2,204 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Springvale's growth rate of 10.1% since the 2021 census exceeds both the SA3 area (6.9%) and the national average, making it a regional growth leader. Overseas migration contributed approximately 90.5% of overall population gains during recent periods.

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 released in 2023, adjusted using weighted aggregation methods from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Springvale is forecasted to experience a significant population increase, with an expected growth of 6,240 persons based on the latest annual ERP population numbers, reflecting a total increase of 23.9% over the 17 years.

Recent residential development output has been above average within Springvale when compared nationally

Springvale has recorded approximately 103 residential properties granted approval per year over the past five financial years, totalling 519 homes from FY-21 to FY-25. As of FY-26, 61 approvals have been recorded. On average, 0.7 people moved to the area annually for each dwelling built during this period. This indicates that new supply is keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts.

The average construction value of new homes was $333,000. In FY-26, $36.9 million in commercial approvals have been registered, demonstrating high levels of local commercial activity compared to Greater Melbourne. Springvale records somewhat elevated construction at 19.0% above the regional average per person over the five-year period, balancing buyer choice with support for current property values. New building activity shows that 35.0% are standalone homes and 65.0% townhouses or apartments, reflecting a shift from the current housing mix of 69.0% houses. This focus on higher-density living creates more affordable entry points and suits downsizers, investors, and first-home buyers.

The location has approximately 226 people per dwelling approval, indicating room for growth. Looking ahead, Springvale is expected to grow by 5,861 residents through to 2041, according to the latest AreaSearch quarterly estimate. Development is keeping reasonable pace with projected growth, though buyers may face increasing competition as the population expands.

Springvale has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally

Twenty projects identified by AreaSearch are expected to impact the area significantly, with key ones including 1, 3 & 5 Kintore Street Mixed-Use Development, Revitalising Springvale, Springvale Railway Station Underground, and Springvale Community Hub and Boulevard. 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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The employment landscape in Springvale shows performance that lags behind national averages across key labour market indicators

Springvale has an educated workforce with strong representation in manufacturing and industrial sectors. Its unemployment rate was 5.1% as of September 2025. Employment growth over the past year was estimated at 4.4%.

As of that date, 11,937 residents were employed while the unemployment rate was 0.4% higher than Greater Melbourne's rate of 4.7%. Workforce participation in Springvale was significantly lower at 60.8%, compared to Greater Melbourne's 71.0%. According to Census responses, 14.3% of residents worked from home, potentially influenced by Covid-19 lockdowns. Key industries for employment among residents were manufacturing, health care & social assistance, and retail trade.

Manufacturing had particularly high concentration with employment levels at 2.3 times the regional average. Conversely, education & training showed lower representation at 4.6% compared to the regional average of 9.2%. Many residents commute elsewhere for work based on Census data. Between September 2024 and September 2025, employment levels increased by 4.4%, labour force grew by 4.9%, resulting in an unemployment rise of 0.4 percentage points. By comparison, Greater Melbourne recorded employment growth of 3.0%, labour force growth of 3.3%, with unemployment rising by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia, issued in May-25, project national employment expansion by 6.6% over five years and 13.7% over ten years. Applying these projections to Springvale's employment mix suggests local employment should increase by approximately 5.5% over five years and 12.2% over ten years, though these are simple weighted extrapolations for illustrative purposes only and do not account for localized population projections.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

AreaSearch's aggregation of latest postcode level ATO data released for financial year 2023 shows Springvale SA2 had a median income among taxpayers of $43,993 with the average level at $50,115. This is below the national average and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates would be approximately $47,622 (median) and $54,249 (average) as of September 2025. According to 2021 Census figures, individual incomes lag at the 7th percentile ($558 weekly), while household income performs better at the 28th percentile. Distribution data shows 31.8% of the population (7,787 individuals) fall within the $1,500 - 2,999 income range, reflecting patterns seen regionally where 32.8% similarly occupy this range. Housing affordability pressures are severe, with only 82.3% of income remaining, ranking at the 26th percentile.

Springvale displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Springvale's dwelling structure, as per the latest Census, consisted of 69.4% houses and 30.6% other dwellings (semi-detached, apartments, 'other' dwellings). Compared to Melbourne metro's 67.9% houses and 32.1% other dwellings, Springvale had a higher proportion of houses. Home ownership in Springvale stood at 33.6%, with mortgaged dwellings at 24.5% and rented dwellings at 41.9%. The median monthly mortgage repayment was $1,745, lower than Melbourne metro's average of $2,000. The median weekly rent figure in Springvale was $356, compared to Melbourne metro's $390. Nationally, Springvale's mortgage repayments were lower than the Australian average of $1,863, and rents were less than the national figure of $375.

Springvale features high concentrations of group households, with a higher-than-average median household size

Family households account for 71.3% of all households, including 32.6% couples with children, 22.0% couples without children, and 13.7% single parent families. Non-family households make up the remaining 28.7%, with lone person households at 21.9% and group households comprising 6.8%. The median household size is 2.9 people, larger than the Greater Melbourne average of 2.6.

Educational outcomes in Springvale fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

Springvale Trail's educational qualifications trail regional benchmarks, with 27.1% of residents aged 15+ holding university degrees compared to Greater Melbourne's 37.0%. This gap indicates potential for educational development and skills enhancement. Bachelor degrees lead at 18.5%, followed by postgraduate qualifications (7.2%) and graduate diplomas (1.4%). Vocational pathways account for 21.4% of qualifications among those aged 15+, with advanced diplomas at 9.6% and certificates at 11.8%.

Educational participation is notably high, with 30.1% of residents currently enrolled in formal education, including 7.4% in tertiary education, 7.3% in primary education, and 6.5% pursuing secondary education.

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

Springvale has 88 active public transport stops, all of which are bus stops. These are served by 24 different routes that together facilitate 4018 weekly passenger trips. The area's transport accessibility is rated as good, with residents located an average of 216 meters from the nearest stop. Most residents commute outward daily due to its residential nature. Car remains the primary mode of transportation at 80%, while train usage stands at 10%. On average, there are 1.3 vehicles per dwelling in Springvale.

According to the 2021 Census, 14.3% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency across all routes averages 574 trips per day, translating to approximately 45 weekly trips per stop.

Springvale'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 Springvale. Mortality rates and chronic condition prevalence were low across both young and old age cohorts. Private health cover was found to be extremely low at approximately 46% of the total population (11,240 people), compared to Greater Melbourne's 56.7%.

Nationally, the average is 55.7%. The most common medical conditions were asthma and diabetes, impacting 5.9% and 5.7% of residents respectively. 77.5% of residents declared themselves completely clear of medical ailments, compared to Greater Melbourne's 72.6%. Springvale has 17.7% of residents aged 65 and over (4,337 people), higher than Greater Melbourne's 15.1%. Health outcomes among seniors are above average, aligning broadly with national rankings for the general population.

Springvale is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Springvale's population is predominantly diverse, with 69.7% born overseas and 80.1% speaking a language other than English at home. Christianity is the primary religion in Springvale, comprising 29.7%. Buddhism is significantly higher than average at 25.0%, compared to Greater Melbourne's 4.2%.

Ancestry-wise, 'Other' tops at 25.4%, Vietnamese follows at 21.3%, and Chinese at 20.3%, all substantially higher than regional averages of 14.6%, 1.9%, and 6.5% respectively. Korean (1.1%), Sri Lankan (0.7%), and Indian (5.3%) groups also show notable differences compared to regional figures of 0.3%, 0.8%, and 4.2%.

Springvale's population is slightly younger than the national pattern

Springvale's median age is nearly 36 years, closely matching Greater Melbourne's average of 37 and slightly below Australia's median of 38. Compared to Greater Melbourne, Springvale has a higher percentage of residents aged 25-34 (19.5%) but fewer residents aged 5-14 (9.2%). This 25-34 concentration is notably higher than the national average of 14.4%. Between the 2021 Census and present, the 65 to 74 age group has increased from 8.2% to 9.4%, while the 45 to 54 cohort has decreased from 11.4% to 10.3%. By 2041, demographic projections suggest Springvale's age profile will significantly change. The 65 to 74 cohort is projected to grow by 47%, adding 1,068 residents to reach a total of 3,363. Meanwhile, the 0 to 4 cohort is projected to grow by a modest 9% (106 people).