Springvale

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

Based on AreaSearch's analysis, Springvale's population is around 24,490 as of Feb 2026. This reflects an increase of 2,242 people (10.1%) since the 2021 Census, which reported a population of 22,248 people. The change is inferred from the estimated resident population of 24,111 from the ABS as of June 2024 and an additional 362 validated new addresses since the Census date. This population level equates to a density ratio of 2,204 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Springvale's 10.1% growth since the 2021 census exceeded the SA3 area (6.9%) and the national average, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration, which contributed approximately 90.5% 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. Regarding demographic trends, a significant population increase in the top quartile of national areas is forecast, with the area expected to grow by 6,240 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 23.9% in total over the 17 years.

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

Springvale has recorded around 103 residential properties granted approval per year, totalling 519 homes over the past 5 financial years. So far in FY-26, 63 approvals have been recorded. With an average of only 0.7 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts, while new homes are being built at an average value of $333,000. Additionally, $36.9 million in commercial approvals have been registered this financial year, demonstrating high levels of local commercial activity.

Compared to Greater Melbourne, Springvale records somewhat elevated construction (19.0% above regional average per person over the 5 year period), balancing buyer choice with support for current property values. New building activity shows 35.0% standalone homes and 65.0% townhouses or apartments. This focus on higher-density living creates more affordable entry points and suits downsizers, investors, and first-home buyers. This represents a considerable change from the current housing mix (currently 69.0% houses), reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements. 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 (from the latest AreaSearch quarterly estimate). Development is keeping a 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

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 20 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include 1, 3 & 5 Kintore Street Mixed-Use Development, Revitalising Springvale, Springvale Railway Station Underground, and Springvale Community Hub and Boulevard, 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.

AreaSearch analysis reveals Springvale recording weaker employment conditions than most comparable areas nationwide

Springvale possesses a well-educated workforce, with manufacturing and industrial sectors strongly represented, an unemployment rate of 5.2%, and 4.0% in estimated employment growth over the past year. As of December 2025, 12,031 residents are in work while the unemployment rate is 0.5% above Greater Melbourne's rate of 4.8%, and workforce participation lags significantly (61.4% compared to Greater Melbourne's 71.3%). Based on Census responses, a moderate 14.3% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

The key industries of employment among residents are manufacturing, health care & social assistance, and retail trade. The area demonstrates a particularly notable concentration in manufacturing, with employment levels at 2.3 times the regional average. Conversely, education & training shows lower representation at 4.6% versus the regional average of 9.2%. While local employment opportunities exist in the area, it appears many residents commute elsewhere for work, based on the count of Census working population to local population.

Based on AreaSearch analysis of SALM and ABS data, during the year to December 2025, employment levels increased by 4.0% and the labour force increased by 4.6%, resulting in unemployment rising by 0.6 percentage points. By comparison, Greater Melbourne recorded employment growth of 2.4%, labour force growth of 2.8%, with unemployment rising 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Springvale. 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 Springvale's employment mix suggests local employment should increase by 5.5% over five years and 12.2% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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

According to AreaSearch's aggregation of the latest postcode level ATO data released for FY-23, the Springvale SA2 had a median income among taxpayers of $43,993 with the average level standing 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 FY-23, 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 at regional levels 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

Dwelling structure within Springvale, as evaluated at the latest Census, comprised 69.4% houses and 30.6% 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 Springvale was higher than that of Melbourne metro, at 33.6%, with the remainder of dwellings either mortgaged (24.5%) or rented (41.9%). The median monthly mortgage repayment in the area was well below the Melbourne metro average at $1,745, while the median weekly rent figure was recorded at $356, compared to Melbourne metro's $2,000 and $390. Nationally, Springvale's mortgage repayments are lower than the Australian average of $1,863, while rents are less than the national figure of $375.

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

Family households dominate at 71.3% of all households, comprising 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% of the total. The median household size of 2.9 people is 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

Educational qualifications in Springvale trail regional benchmarks, with 27.1% 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 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+ – advanced diplomas (9.6%) and certificates (11.8%).

Educational participation is notably high, with 30.1% of residents currently enrolled in formal education. This includes 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

Public transport analysis reveals 88 active transport stops operating within Springvale, comprising a mix of buses. These stops are serviced by 24 individual routes, collectively providing 4,018 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 216 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 80%, with 10% by train. Vehicle ownership averages 1.3 per dwelling. Some 14.3% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 574 trips per day across all routes, equating to approximately 45 weekly trips per individual 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, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Both young and old age cohorts see low prevalence of common health conditions, and the rate of private health cover is found to be low at approximately 46% of the total population (~11,240 people). This compares to 56.7% across Greater Melbourne. The national average is 55.7%.

The most common medical conditions in the area were found to be asthma and diabetes, impacting 5.9 and 5.7% of residents, respectively, while 77.5% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. The area has 17.7% of residents aged 65 and over (4,337 people), which is higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are above average, with national rankings broadly in line with 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 is among the most culturally diverse areas in the country, with 69.7% of its population born overseas and 80.1% speaking a language other than English at home. The main religion in Springvale is Christianity, which makes up 29.7% of the population. However, the most apparent overrepresentation is in Buddhism, which comprises 25.0% of the population, substantially higher than the Greater Melbourne average of 4.2%.

In terms of ancestry (country of birth of parents), the top three represented groups in Springvale are Other, comprising 25.4% of the population, which is substantially higher than the regional average of 14.6%, Vietnamese, comprising 21.3% of the population, which is substantially higher than the regional average of 1.9%, and Chinese, comprising 20.3% of the population, which is substantially higher than the regional average of 6.5%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Korean is notably overrepresented at 1.1% of Springvale (vs 0.3% regionally), Sri Lankan at 0.7% (vs 0.8%) and Indian at 5.3% (vs 4.2%).

Springvale's population is slightly younger than the national pattern

At 36 years, Springvale's median age nearly matches the Greater Melbourne average of 37 and is similarly modestly under the Australian median of 38. Relative to Greater Melbourne, Springvale has a higher concentration of 25 - 34 residents (19.5%) but fewer 5 - 14 year-olds (9.2%). This 25 - 34 concentration is well above the national 14.4%. Since the 2021 Census, the 65 to 74 age group has grown from 8.2% to 9.4% of the population. Conversely, the 45 to 54 cohort has declined from 11.4% to 10.3%. Demographic modeling suggests Springvale's age profile will evolve significantly by 2041. The 65 to 74 cohort shows the strongest projected growth at 47%, adding 1,068 residents to reach 3,363. Meanwhile, the 0 to 4 cohort grows by a modest 9% (106 people).