Viewbank - Yallambie
Statistical Area - sa2

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 was 19,123 as of August 2025, according to AreaSearch's analysis. This figure reflects a growth of 390 people (2.1%) since the 2021 Census which recorded a population of 18,733. The increase is inferred from ABS's estimated resident population of 19,009 as of June 2024 and an additional 107 validated new addresses since the Census date. This results in a population density ratio of 1,867 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Viewbank - Yallambie's growth rate of 2.1% since the census is within 2.9 percentage points of the SA3 area (5.0%), indicating strong population fundamentals. Overseas migration contributed approximately 86.3% of overall population gains during recent periods, driving this growth.

AreaSearch adopts 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 uses the VIC State Government's Regional/LGA projections released in 2023, adjusting them employing 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. Looking ahead, significant population increases are forecasted for the top quartile of statistical areas nationwide. Viewbank - Yallambie is expected to expand by 7,163 persons to 2041 based on the latest population numbers, with an increase of 36.9% in total over the 17 years.

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. Development approval data is produced by the ABS on a financial year basis, totalling 194 approvals across the past five financial years, from FY-21 to FY-25, with 7 approvals so far in FY-26. Despite population decline in the area, housing supply has remained adequate relative to demand, creating a balanced market with good buyer choice. New properties are constructed at an average value of $650,000, somewhat higher than regional norms, reflecting quality-focused development.

There have also been $9.7 million in commercial approvals this financial year, indicating steady commercial investment activity. Compared to Greater Melbourne, Viewbank - Yallambie shows substantially reduced construction, 70.0% below the regional average per person, which typically strengthens demand and prices for existing properties. This activity is also below national average, reflecting the area's maturity and possible planning constraints. Recent construction comprises 52.0% standalone homes and 48.0% townhouses or apartments, expanding medium-density options and creating a mix of opportunities across price brackets. This marks a significant shift from existing housing patterns, currently at 85.0% houses, suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs. The location has approximately 777 people per dwelling approval, demonstrating an established market.

Looking ahead, Viewbank - Yallambie is expected to grow by 7,049 residents by 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.

Viewbank - Yallambie has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 13 projects potentially impacting the area. Notable projects include North East Link Environmental Parklands, North East Link Primary Package, North East Link Project, and North East Link. The following details those likely most relevant.

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

AreaSearch analysis of employment trends sees Viewbank - Yallambie performing better than 85% of local markets assessed across Australia

Viewbank - Yallambie has an educated workforce with strong professional services representation. Unemployment rate was 1.9% in June 2025, lower than Greater Melbourne's 4.6%.

Employment growth over the past year was estimated at 2.0%. As of June 2025, 10,583 residents were employed, with an unemployment rate of 2.7%, below Greater Melbourne's rate, and participation rate on par with Greater Melbourne's 64.1%. Key employment sectors are health care & social assistance, public administration & safety, education & training. Public administration & safety has notable concentration at 2.2 times the regional average, while manufacturing shows lower representation at 4.9% versus regional average of 7.2%.

Limited local employment opportunities indicated by Census working population vs resident population count. Over June 2024 to June 2025, employment increased by 2.0%, labour force by 1.4%, reducing unemployment rate by 0.6 percentage points. In comparison, Greater Melbourne saw employment grow by 3.5%, labour force expand by 4.0%, and unemployment rise by 0.5 percentage points. State-level data to Sep-25 shows VIC employment grew by 1.08% year-on-year, with unemployment rate at 4.7%. National forecasts from May 2025 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Viewbank - Yallambie's employment mix suggests local growth of approximately 6.9%% over five years and 14.1% over ten years, based on 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

AreaSearch aggregated ATO data for financial year 2022 shows Viewbank - Yallambie had a median taxpayer income of $60,604 and an average income of $81,795. These figures are among the highest in Australia, compared to Melbourne's median of $54,892 and average of $73,761. By March 2025, adjusted for Wage Price Index growth of 10.11%, estimated incomes would be approximately $66,731 (median) and $90,064 (average). The 2021 Census places Viewbank - Yallambie's household, family, and personal incomes at the 67th percentile nationally. Income analysis reveals that 30.6% of residents earn between $1,500 and $2,999 weekly, with 31.2% earning over $3,000 per week. Housing takes up 13.7% of income, while strong earnings rank residents in 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 dwellings, as per the latest Census, were 84.8% houses and 15.1% other dwellings (semi-detached, apartments, 'other' dwellings). Melbourne metro had 76.0% houses and 24.0% other dwellings. Home ownership in Viewbank - Yallambie was 40.9%, with mortgaged dwellings at 38.2% and rented ones at 20.9%. The median monthly mortgage repayment was $2,200, above Melbourne metro's $2,167. Median weekly rent was $400, compared to Melbourne metro's $399. Nationally, Viewbank - Yallambie's mortgage repayments were higher at $2,200 versus Australia's average of $1,863, and rents were also higher at $400 compared to the national figure of $375.

Viewbank - Yallambie has a typical household mix, with a higher-than-average median household size

Family households account for 75.4% of all households, including 39.2% couples with children, 24.4% couples without children, and 11.0% single parent families. Non-family households make up the remaining 24.6%, with lone person households at 22.6% and group households comprising 2.1% of the total. The median household size is 2.6 people, which is larger than the Greater Melbourne average of 2.5.

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 at 40.1% for residents aged 15+, surpassing the Australian average of 30.4% and the SA4 region average 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 comprise 11.1% and certificates make up 16.0%.

Educational participation is high, with 29.1% of residents currently enrolled in formal education. This includes 10.2% in primary education, 8.0% in secondary education, and 5.2% pursuing tertiary education. The four schools in Viewbank - Yallambie have a combined enrollment of 2,839 students. The area demonstrates above-average socio-educational conditions, with an ICSEA score of 1093. The educational mix includes two primary schools, one secondary school, and one K-12 school.

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

The analysis indicates 66 active public transport stops in Viewbank - Yallambie area. These include a mix of train and bus services. Seven individual routes operate within this zone, collectively facilitating 4115 weekly passenger trips.

The accessibility of these transport options is rated as good, with residents typically located approximately 234 meters from the nearest stop. On average, service frequency across all routes amounts to 587 trips per day, equating to roughly 62 weekly trips per individual stop.

Viewbank - Yallambie's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Health data for Viewbank - Yallambie indicates relatively positive outcomes for its residents, with a standard level of common health conditions seen across both young and old age cohorts. The rate of private health cover is exceptionally high at approximately 61% of the total population (11,626 people), compared to the national average of 55.3%.

The most common medical conditions in the area are arthritis and mental health issues, impacting 7.9 and 7.8% of residents respectively. 70.1% of residents declare themselves completely clear of medical ailments, compared to 69.3% across Greater Melbourne. As of 2021, 19.6% of residents are aged 65 and over (3,751 people), broadly in line with the general population's health profile.

Viewbank - Yallambie was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Viewbank-Yallambie has a higher level of 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, comprising 47.3% of the population. However, Hinduism is more prevalent here compared to Greater Melbourne, making up 2.4% versus 1.9%.

The top three ancestry groups based on parental country of birth are English (22.4%), Australian (21.1%), and Other (8.6%). Notably, Italian (7.3%) and Croatian (1.0%) ethnicities are overrepresented in Viewbank-Yallambie compared to regional averages.

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

Viewbank - Yallambie has a median age of 40, which is higher than Greater Melbourne's figure of 37 and Australia's median age of 38. In comparison with the Greater Melbourne average, those aged 75-84 are notably over-represented in Viewbank - Yallambie at 7.8%, while those aged 25-34 are under-represented at 10.1%. Between 2021 and present, the proportion of individuals aged 15 to 24 has increased from 11.2% to 12.3%. Conversely, the percentage of those aged 65 to 74 has decreased from 9.6% to 8.8%. By 2041, demographic modeling projects significant changes in Viewbank - Yallambie's age profile, with the 45-54 cohort expected to expand by 1,162 people (44%), growing from 2,660 to 3,823.