Vermont
Statistical Area - sa2

Vermont has seen population growth performance typically on par with national averages when looking at short and medium term trends

Vermont's population, as of November 2025, is approximately 11,369, reflecting a growth of 376 people since the 2021 Census. This increase represents a 3.4% rise from the previous population count of 10,993. The change is inferred from the estimated resident population of 11,353 in June 2024 and an additional 38 validated new addresses since the Census date. This results in a population density ratio of 2,466 persons per square kilometer, placing Vermont in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, ending in November 2025, Vermont has exhibited resilient growth patterns with a compound annual growth rate of 0.7%, outperforming the SA3 area. Overseas migration was the primary driver of population growth during this period.

AreaSearch is adopting 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 utilises VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for the years 2032 to 2041. Based on these trends, a population increase just below the median of national areas is expected by 2041, with an anticipated expansion of 1,139 persons, representing a total gain of 9.9% over the 17-year period.

Residential development activity is lower than average in Vermont according to AreaSearch's national comparison of local real estate markets

Vermont has averaged approximately 36 new dwelling approvals annually. Over the past five financial years, from FY21 to FY25181 homes were approved, with an additional 9 approved so far in FY26. On average, 0.5 new residents have arrived per new home constructed over these five years.

This pace of new construction is meeting or exceeding demand, providing more options for buyers and facilitating population growth that may surpass current projections. The average construction value of new properties is $478,000, indicating a focus on the premium market segment with higher-end developments. In FY26, Vermont has registered $2.4 million in commercial approvals, reflecting its residential character. Compared to Greater Melbourne, Vermont maintains similar development levels per capita, preserving market balance consistent with the broader area.

However, these activity levels are lower than national averages, suggesting market maturity and potential development constraints. New building activity in Vermont consists of 69.0% detached dwellings and 31.0% townhouses or apartments, expanding medium-density options and creating a mix of housing opportunities across different price brackets. With approximately 420 people per approval, the market indicates maturity. Projections anticipate Vermont's population to grow by 1,123 residents by 2041. Building activity is keeping pace with these growth projections, though increased competition among buyers can be expected as the population expands.

Vermont has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified six projects likely to impact the area. Major projects include Vermont Reserve Pavilion Redevelopment, The Green Hill, Vermont Inc., and Forest Ridge. Below is a list of projects likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Vermont ranks among the top 25% of areas assessed nationally for overall employment performance

Vermont has a highly educated workforce with professional services well represented. Its unemployment rate is 2.2%, with an estimated employment growth of 1.1% over the past year as of June 2025.

At this time, 5,731 residents are employed while the unemployment rate is 2.5% lower than Greater Melbourne's rate of 4.6%. Workforce participation in Vermont is similar to Greater Melbourne's 64.1%. The leading employment industries among residents include health care & social assistance, education & training, and professional & technical services. Notably, education & training has a high concentration with employment levels at 1.2 times the regional average.

Conversely, transport, postal & warehousing has limited presence with 2.9% employment compared to the regional average of 5.2%. Over the 12 months to June 2025, employment in Vermont increased by 1.1%, while labour force grew by 0.7%, leading to a decrease in unemployment by 0.4 percentage points. In contrast, Greater Melbourne experienced higher employment growth of 3.5% and labour force growth of 4.0%, with an increase in unemployment of 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% expansion over five years and 13.7% over ten years. Applying these projections to Vermont's employment mix suggests local growth of approximately 6.9% over five years and 14.1% over ten years.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows Vermont's median income among taxpayers is $52,575, with an average of $72,523. This is higher than the national average and compares to Greater Melbourne's median of $54,892 and average of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Vermont would be approximately $58,968 (median) and $81,342 (average) as of September 2025. According to the 2021 Census figures, household income ranks at the 68th percentile ($2,042 weekly), while personal income sits at the 49th percentile. The earnings profile shows that 31.4% of locals (3,569 people) fall into the $1,500 - 2,999 category, similar to the surrounding region where this cohort represents 32.8%. Economic strength is indicated by 30.1% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. Housing accounts for 15.0% of income, with strong earnings placing residents within the 70th percentile for disposable income. The area's SEIFA income ranking places it in the 8th decile.

Vermont is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

The latest Census in Vermont showed that 79.7% of dwellings were houses, with the remaining 20.3% being semi-detached, apartments, or other types. In Melbourne metro, this was 73.0% houses and 26.9% other dwellings. Home ownership in Vermont was 40.1%, similar to Melbourne's 40.0%. The median monthly mortgage repayment in Vermont was $2,383, higher than Melbourne's $2,200. The median weekly rent in Vermont was $426, compared to Melbourne's $410. Nationally, Vermont's mortgage repayments were higher at $2,383 vs Australia's average of $1,863, and rents were also higher at $426 vs the national figure of $375.

Vermont features high concentrations of family households, with a higher-than-average median household size

Family households compose 78.6% of all households, including 43.7% couples with children, 23.3% couples without children, and 10.6% single parent families. Non-family households make up the remaining 21.4%, with lone person households at 19.6% and group households comprising 1.8% of the total. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.6.

Vermont demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Vermont's educational attainment exceeds national averages: 42.1% of residents aged 15+ hold university qualifications, compared to Australia's 30.4% and the SA4 region's 31.2%. Bachelor degrees are most common at 26.3%, followed by postgraduate qualifications (11.9%) and graduate diplomas (3.9%). Vocational credentials are also prevalent: 25.5% of residents aged 15+ hold these, with advanced diplomas at 11.8% and certificates at 13.7%. Educational participation is high, with 32.5% currently enrolled in formal education: primary (11.6%), secondary (9.4%), and tertiary (5.5%).

Vermont's four schools educate a combined total of 2,726 students, reflecting strong socio-educational advantages and academic achievement (ICSEA score: 1110). The area offers balanced education provision with three primary and one secondary school serving distinct age groups. It functions as an educational hub, offering 24.0 school places per 100 residents, significantly above the regional average of 13.4, attracting students from nearby communities.

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

Vermont has 50 active public transport stops. These are served by 16 different bus routes that together facilitate 1,990 weekly passenger trips. The average distance from a resident's location to the nearest stop is 198 meters.

On average, there are 284 trips per day across all routes, which equates to approximately 39 weekly trips per individual stop.

Vermont's residents are extremely healthy with prevalence of common health conditions low among the general population though slightly higher across older, at risk cohorts

Analysis shows strong health metrics across Vermont.

Prevalence of common conditions is low among the general population but slightly higher among older, at-risk cohorts. Approximately 55% (~6,287 people) have private health cover. Most common conditions are asthma (7.3%) and arthritis (6.4%). 73.5% report no medical ailments, compared to 72.3% in Greater Melbourne. 18.7% of residents are aged 65 and over (2,127 people), lower than Greater Melbourne's 20.4%. Health outcomes among seniors require more attention despite being above average.

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

Vermont has a high level of cultural diversity, with 38.5% of its population born overseas and 38.9% speaking a language other than English at home. Christianity is the main religion in Vermont, comprising 41.8% of people. However, Buddhism is overrepresented compared to Greater Melbourne, making up 4.7% of Vermont's population versus 5.3%.

The top three ancestry groups are English (19.9%), Chinese (18.1%), and Australian (18.0%). Notably, Sri Lankan (1.0%) and Russian (0.5%) populations are overrepresented compared to regional averages, while Hungarian is also slightly higher at 0.4%.

Vermont's population is slightly older than the national pattern

Vermont's median age is 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's national average of 38 years. Comparing the two regions, Vermont has a notably higher proportion of individuals aged 5-14 (16.4% locally) compared to Greater Melbourne, while those aged 25-34 are under-represented at 7.3%. Between 2021 and present, the percentage of the population aged 5-14 has increased from 15.5% to 16.4%, while the proportion of individuals aged 25-34 has decreased from 8.5% to 7.3%. The 0-4 age group has also seen a decrease, from 5.1% to 4.0%. By 2041, demographic projections suggest significant changes in Vermont's age profile. Specifically, the 45-54 age cohort is expected to grow by 371 people (23%), increasing from 1,637 to 2,009 individuals. Conversely, both the 0-4 and 35-44 age groups are projected to decrease in number.