Viewbank - Yallambie

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

Viewbank - Yallambie's population is approximately 19,000 as of May 2026. This figure represents an increase of 267 people since the 2021 Census, which reported a population of 18,733. The change is inferred from the estimated resident population of 18,993 in June 2025 and an additional 110 validated new addresses since the Census date. This results in a population density ratio of 1,855 persons per square kilometer, which exceeds the average seen across national locations assessed by AreaSearch. Overseas migration contributed approximately 88.1% of overall population gains during recent periods.

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 the VIC State Government's Regional/LGA projections from 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 expand by 7,005 persons based on the latest annual ERP population numbers, reflecting a total increase of 36.8% over the 16-year period.

AreaSearch assessment of residential development drivers sees a low level of activity in Viewbank - Yallambie, placing the area among the bottom 25% of areas assessed nationally

Viewbank - Yallambie has seen approximately 38 new homes approved annually over the past five financial years ending June 2021, totalling 194 homes. As of July 2021, 40 approvals have been recorded in the current financial year ending June 2022. The population has declined recently, but housing supply has remained adequate relative to demand, creating a balanced market with good buyer choice. New dwellings are developed at an average expected construction cost of $479,000, indicating focus on the premium market with high-end developments.

In this financial year, there have been $9.7 million in commercial approvals, suggesting balanced commercial development activity. Compared to Greater Melbourne and nationally, Viewbank - Yallambie shows substantially reduced construction activity (70.0% below regional average per person), which typically strengthens demand and prices for existing properties. Recent construction comprises 52.0% standalone homes and 48.0% townhouses or apartments, marking a significant shift from the current housing pattern of 85.0% houses. This location has approximately 777 people per dwelling approval, demonstrating an established market. According to the latest AreaSearch quarterly estimate, Viewbank - Yallambie is expected to grow by 6,998 residents through to 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Looking ahead, Viewbank - Yallambie is expected to grow by 6,998 residents through to 2041 (from the latest AreaSearch quarterly estimate). If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Viewbank - Yallambie has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

AreaSearch has identified a total of 15 projects likely to impact the area, significantly influencing its performance. Key projects include North East Link, North East Link Environmental Parklands, Rosanna Village Masterplan & Redevelopment, and 149 McKimmies Road Residential Precinct. The following list details those most relevant.

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

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Viewbank - Yallambie ranks among the top 25% of areas assessed nationally for overall employment performance

Viewbank - Yallambie has a highly educated workforce with strong representation in professional services. The unemployment rate is 2.3% and there was an estimated employment growth of 1.2% over the past year as of December 2025. There are 10,440 residents currently employed, with an unemployment rate of 2.4%, which is below Greater Melbourne's rate of 4.8%.

Workforce participation in Viewbank - Yallambie is broadly similar to Greater Melbourne's at 69.9%. According to Census responses, 38.4% of residents work from home, though Covid-19 lockdown impacts should be considered. Employment among residents is concentrated in health care & social assistance, public administration & safety, and education & training. Notably, employment levels in public administration & safety are at 2.2 times the regional average while manufacturing shows lower representation at 4.9% compared to the regional average of 7.2%.

Over the 12 months to December 2025, employment increased by 1.2% and labour force increased by 1.2%, leaving unemployment broadly flat in Viewbank - Yallambie. In comparison, Greater Melbourne saw employment grow by 2.4%, labour force expand by 2.8%, and unemployment rise by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment should increase by 6.6% over five years and 13.7% over ten years. Applying these projections to Viewbank - Yallambie's employment mix indicates local employment should increase by 6.9% over five years and 14.1% over ten years, based on a 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

According to AreaSearch's aggregation of latest postcode level ATO data released on 30 June 2023, Viewbank - Yallambie SA2 had a median income among taxpayers of $63,507 and an average income of $82,879. These figures were among the highest in Australia, compared to Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates suggest a median income of approximately $69,616 and an average income of around $90,852 as of March 2026. The 2021 Census data indicates that household, family, and personal incomes in Viewbank - Yallambie cluster around the 67th percentile nationally. Income analysis reveals that 30.6% of individuals (5,814 people) earn between $1,500 and $2,999 per week, mirroring the regional trend where 32.8% fall into this bracket. The district exhibits considerable affluence with 31.2% earning over $3,000 weekly, supporting premium retail and service offerings. Housing accounts for 13.7% of income, while strong earnings rank residents within the 71st percentile for disposable income. The area's SEIFA income ranking places it in the 8th decile.

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

Viewbank-Yallambie's dwelling structure, as per the latest Census, comprised 84.8% houses and 15.1% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Viewbank-Yallambie stood at 40.9%, with mortgaged dwellings at 38.2% and rented ones at 20.9%. The median monthly mortgage repayment was $2,200, higher than Melbourne metro's average of $2,000. Median weekly rent in the area was $400, compared to Melbourne metro's $390. Nationally, Viewbank-Yallambie's mortgage repayments were significantly higher than the Australian average of $1,863, while rents exceeded the national figure of $375.

Viewbank - Yallambie has a typical household mix, with a fairly typical median household size

Family households constitute 75.4 percent of all households, including 39.2 percent couples with children, 24.4 percent couples without children, and 11.0 percent single parent families. Non-family households comprise the remaining 24.6 percent, with lone person households at 22.6 percent and group households making up 2.1 percent of the total. The median household size is 2.6 people, which aligns with the Greater Melbourne average.

Viewbank - Yallambie shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's educational profile is notable regionally, with university qualification rates of 40.1% among residents aged 15+, surpassing the Australian average of 30.4% and the SA4 region's rate of 32.8%. Bachelor degrees are most prevalent at 24.6%, followed by postgraduate qualifications (11.1%) and graduate diplomas (4.4%). Vocational credentials are also prominent, with 27.1% of residents aged 15+ holding such qualifications – advanced diplomas (11.1%) and certificates (16.0%).

Educational participation is high, with 29.1% of residents currently enrolled in formal education, including 10.2% in primary education, 8.0% in secondary education, and 5.2% pursuing tertiary education.

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

Public transport analysis shows 69 active transport stops operating within Viewbank - Yallambie. These are serviced by 7 individual bus routes, collectively providing 3,536 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 233 meters from the nearest stop. Most residents commute outward daily. Car remains the dominant mode of transport at 80%, with 9% using train and 5% walking. Vehicle ownership averages 1.4 per dwelling.

According to the 2021 Census, a high 38.4% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 505 trips per day across all routes, equating to approximately 51 weekly trips per individual stop.

Viewbank - Yallambie's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Health data for Viewbank - Yallambie indicates positive outcomes with mortality rates and health conditions largely aligning with national benchmarks. The prevalence of common health conditions is low among the general population, but higher among older, at-risk cohorts. Private health cover is exceptionally high at approximately 61% of the total population (11,552 people), compared to 56.7% in Greater Melbourne and a national average of 55.7%.

The most common medical conditions are arthritis and mental health issues, impacting 7.9% and 7.8% of residents respectively. 70.1% of residents report no medical ailments, slightly lower than the 72.6% in Greater Melbourne. Working-age residents have low chronic condition prevalence. The area has 20.0% of residents aged 65 and over (3,798 people), higher than Greater Melbourne's 15.0%. Nationally, this percentage ranks lower than the broader population.

The level of cultural diversity witnessed in Viewbank - Yallambie was found to be above average when compared nationally for a number of language and cultural background related metrics

Viewbank-Yallambie has a higher cultural diversity than most local areas, with 27.2% of its population born overseas and 25.7% speaking a language other than English at home. Christianity is the dominant religion in Viewbank-Yallambie, making up 47.3% of people. Hinduism is overrepresented compared to Greater Melbourne, comprising 2.4% versus 1.6%.

The top three ancestry groups are English (22.4%), Australian (21.1%), and Other (8.6%), which is lower than the regional average of 14.6%. Notably, Italian (7.3%) and Macedonian (1.1%) populations are overrepresented compared to regional averages of 5.2% and 0.7%, respectively. Croatian population is also slightly higher at 1.0% versus 0.7%.

Viewbank - Yallambie's population is slightly older than the national pattern

Viewbank - Yallambie's median age is 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's median age of 38. The 75-84 age cohort is notably over-represented in Viewbank - Yallambie at 7.9%, compared to the Greater Melbourne average. Conversely, the 25-34 age group is under-represented at 10.2%. Between 2021 and present, the 15-24 age group has grown from 11.2% to 12.6% of the population, while the 75-84 cohort increased from 6.8% to 7.9%. However, the 0-4 age group has declined from 5.9% to 5.0%. By 2041, demographic modeling suggests Viewbank - Yallambie's age profile will change significantly. The 45-54 age cohort is projected to expand by 1,154 people (44%), growing from 2,604 to 3,759.