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 24,316 as of November 2025. This figure reflects an increase of 2,068 people since the 2021 Census, which recorded a population of 22,248. The growth was inferred from the estimated resident population of 24,111 in June 2024 and the addition of 362 validated new addresses since the Census date. This results in a population density ratio of 2,188 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Springvale's growth rate of 9.3% since the 2021 census exceeded both the SA3 area (6.8%) and the national average, indicating its status as a growth leader in the region. 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 the VIC State Government's Regional/LGA projections released in 2023, adjusted using 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 grow by 6,240 persons based on the latest annual ERP population numbers, reflecting a total increase of 24.8% over the 17-year period.

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

Springvale has recorded approximately 103 residential properties granted approval annually over the past five financial years, totalling 519 homes. As of FY26, 58 approvals have been recorded. On average, 0.7 people moved to the area per dwelling built each year between FY21 and FY25, indicating that new supply is meeting or exceeding demand. The average construction value for new homes is $333,000.

This financial year has seen $36.9 million in commercial approvals, reflecting high levels of local commercial activity. Compared to Greater Melbourne, Springvale's construction rate is 19.0% higher per person over the past five years. New building activity consists of 35.0% standalone homes and 65.0% townhouses or apartments, promoting higher-density living and affordability for downsizers, investors, and first-home buyers. This shift contrasts with the current housing mix of 69.0% houses. With approximately 226 people per dwelling approval, there is room for population growth in Springvale.

By 2041, the area is projected to grow by 6,035 residents. Development is keeping pace with projected growth, but increasing competition among buyers can be expected as the population expands.

Springvale has moderate levels of nearby infrastructure activity, ranking in the 49thth percentile nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified twenty projects that could impact this region. Notable ones include 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 most relevant.

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.

The employment landscape in Springvale shows performance that lags behind national averages across key labour market indicators

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

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 lagged at 53.9%, compared to Greater Melbourne's 64.1%. Key industries for employment among residents are manufacturing, health care & social assistance, and retail trade. Manufacturing employment is notably high, at 2.3 times the regional average.

Conversely, education & training shows lower representation at 4.6% versus the regional average of 9.2%. Employment levels increased by 4.4% and labour force increased by 4.9% in Springvale during the year to September 2025, resulting in an unemployment rise of 0.4 percentage points. In comparison, Greater Melbourne recorded employment growth of 3.0%, labour force growth of 3.3%, with unemployment rising 0.3 percentage points. State-level data to 25-Nov shows VIC employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%. National employment forecasts from May-25 suggest national employment should expand 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 5.5% over five years and 12.2% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised 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 2022 shows Springvale SA2 had a median income among taxpayers of $41,040 and an average level of $47,974. These figures are below the national average and compare to levels of $54,892 and $73,761 across Greater Melbourne respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Springvale SA2 as of September 2025 would be approximately $46,030 (median) and $53,808 (average). 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 (7,732 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

In Springvale, as per the latest Census evaluation, 69.4% of dwellings were houses, with the remaining 30.6% being other types such as semi-detached homes, apartments, and 'other' dwellings. This is compared to Melbourne metro's figures of 72.1% houses and 28.0% other dwellings. Home ownership in Springvale stood at 33.6%, aligning with the Melbourne metro average, with mortgaged dwellings at 24.5% and rented ones at 41.9%. The median monthly mortgage repayment in Springvale was $1,745, lower than Melbourne's average of $1,800. The median weekly rent figure was $356, slightly higher than Melbourne metro's $350. Nationally, Springvale's mortgage repayments were below 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 constitute 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 comprise the remaining 28.7%, with lone person households at 21.9% and group households making up 6.8%. The median household size is 2.9 people, which is larger than the Greater Melbourne average of 2.8.

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

Springvale Trail has educational qualifications that trail regional benchmarks. Among residents aged 15+, 27.1% hold university degrees compared to Greater Melbourne's 37.0%. This gap suggests potential for educational development and skills enhancement. Bachelor degrees are the most common 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 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 good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The analysis of public transportation in Springvale shows that there are 86 active transport stops currently operating. These include a mix of train and bus services. There are 23 individual routes servicing these stops, collectively providing 4,879 weekly passenger trips.

The accessibility of transport is rated as good, with residents typically located 216 meters from the nearest transport stop. The service frequency averages 697 trips per day across all routes, which equates to approximately 56 weekly trips per individual stop.

Springvale's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Springvale, with younger cohorts in particular seeing very low prevalence of common health conditions. The rate of private health cover is found to be extremely low at approximately 46% of the total population (~11,185 people), compared to the national average of 55.3%.

The most common medical conditions in the area are 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 75.1% across Greater Melbourne. The area has 17.1% of residents aged 65 and over (4,167 people). Health outcomes among seniors are above average but require more attention than the broader 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 languages other than English at home. Christianity is the major religion in Springvale, comprising 29.7%. Buddhism is notably higher here at 25.0%, compared to Greater Melbourne's average of 15.2%.

For ancestry, 'Other' tops at 25.4%, followed by Vietnamese at 21.3% (higher than the regional average of 8.5%), and Chinese at 20.3% (also higher than the regional average of 10.9%). Other notable divergences include Korean at 1.1% (vs 0.4% regionally), Sri Lankan at 0.7% (vs 1.8%), and Indian at 5.3% (vs 6.2%).

Springvale's population is slightly younger than the national pattern

Springvale's median age is 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 proportion of residents aged 25-34 years (20.0%) but fewer residents aged 5-14 years (9.1%). This concentration of 25-34 year-olds is notably higher than the national average of 14.5%. Between the 2021 Census and present, the proportion of residents aged 65 to 74 has increased from 8.2% to 9.0%, while the proportion of those aged 45 to 54 has decreased from 11.4% to 10.4%. By 2041, demographic projections indicate significant changes in Springvale's age profile. The 65 to 74 age group is projected to grow by 53%, adding 1,167 residents to reach a total of 3,363. Meanwhile, the 0 to 4 age group is projected to grow by 8%, an increase of 98 people.