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 19,123 as of Nov 2025. This figure shows an increase of 390 people since the 2021 Census, which recorded a population of 18,733. The growth is inferred from ABS data showing an estimated resident population of 19,009 in June 2024 and 107 new addresses validated since the Census date. This results in a population density ratio of 1,867 persons per square kilometer, higher than the national average assessed by AreaSearch. The area's growth rate of 2.1% since the census is within 3.0 percentage points of the SA3 area (5.1%), indicating strong growth fundamentals. Overseas migration contributed approximately 86.3% of overall population gains in 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 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 years 2032 to 2041. Future population projections indicate a significant increase in the top quartile of statistical areas nationwide. Viewbank - Yallambie is expected to expand by 7,163 persons to 2041, reflecting an overall increase of 36.9% over the 17-year period, based on the latest annual ERP population numbers.

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 from FY21 to FY25. This totals 194 homes. As of FY26, 27 approvals have been recorded so far. The population has declined in recent years, yet housing supply has remained adequate relative to demand, creating a balanced market with good buyer choice.

The average expected construction cost value for new dwellings is $479,000, indicating focus on the premium market with high-end developments. In FY26, there have been $9.7 million in commercial approvals, suggesting balanced commercial development activity. Compared to Greater Melbourne and nationally, Viewbank - Yallambie shows reduced construction activity, typically strengthening demand and prices for existing properties due to scarcity of new homes. Recent construction comprises 52% standalone homes and 48% townhouses or apartments, expanding medium-density options and creating a mix of housing opportunities across price brackets. This marks a significant shift from the current 85% houses pattern, suggesting diminishing developable land availability and responding to evolving lifestyle preferences and affordability needs. The location has approximately 777 people per dwelling approval, demonstrating an established market.

According to AreaSearch's latest quarterly estimate, Viewbank - Yallambie is expected to grow by 7,049 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.

Viewbank - Yallambie has moderate levels of nearby infrastructure activity, ranking in the 45thth percentile nationally

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified 14 projects that could affect this region. Notable ones are North East Link Environmental Parklands, Rosanna Village Masterplan & Redevelopment, 149 McKimmies Road Residential Precinct, and Plenty River Trail Upgrades. The following list details those most likely to be 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.

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 was 2.1% as of September 2025.

This is lower than Greater Melbourne's rate of 4.7%. Workforce participation is at the same level as Greater Melbourne, which is 64.1%. Residents are primarily employed in health care & social assistance, public administration & safety, and education & training. Public administration & safety shows particularly high concentration with employment levels at 2.2 times the regional average.

Conversely, manufacturing has lower representation at 4.9% compared to the regional average of 7.2%. The area offers limited local employment opportunities as indicated by Census data. Over the year to September 2025, employment increased by 0.3%, labour force decreased by 0.0%, and unemployment fell by 0.4 percentage points. In comparison, Greater Melbourne saw employment grow by 3.0% and unemployment rise by 0.3 percentage points. State-level data from 25-Nov shows Victoria's employment grew by 1.13% year-on-year with an unemployment rate of 4.7%, compared to the national rate of 4.3%. National employment forecasts suggest a growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Viewbank - Yallambie's employment mix, local employment is expected to increase by 6.9% over five years and 14.1% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch reports that based on postcode level ATO data released for financial year 2022, Viewbank - Yallambie SA2 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 Greater Melbourne's median income of $54,892 and average income of $73,761. As of September 2025, estimated median and average incomes would be approximately $67,973 and $91,741 respectively, accounting for a 12.16% Wage Price Index growth since financial year 2022. The 2021 Census data indicates that household, family, and personal incomes in Viewbank - Yallambie cluster around the 67th percentile nationally. Income analysis shows that 30.6% of individuals earn between $1,500 and $2,999 weekly, mirroring the region where 32.8% fall into this bracket. The district exhibits affluence with 31.2% earning over $3,000 per week, supporting premium retail and service offerings. Housing expenses account for 13.7% of income, with residents ranking 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

In Viewbank - Yallambie, as per the latest Census (2016), 84.8% of dwellings were houses, with the remaining 15.1% being semi-detached, apartments, or other types. This contrasts with Melbourne metro's figures of 76.0% houses and 24.0% other dwellings. Home ownership in Viewbank - Yallambie stood at 40.9%, compared to Melbourne metro's figure. The majority of dwellings were mortgaged (38.2%) or rented (20.9%). The median monthly mortgage repayment was $2,200, exceeding the Melbourne metro average of $2,167. Median weekly rent in Viewbank - Yallambie was $400, slightly higher than Melbourne metro's $399. Nationally, these figures compare to an Australian average monthly mortgage repayment of $1,863 and a median weekly rent of $375.

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

Family households constitute 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 comprise the remaining 24.6%, with lone person households at 22.6% and group households at 2.1%. The median household size is 2.6 people, 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% among residents aged 15+, surpassing the Australian average of 30.4% and the SA4 regional 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 at 11.1% and certificates at 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.

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

Viewbank - Yallambie has 66 active public transport stops offering a mix of train and bus services. These stops are served by 7 individual routes that collectively facilitate 4,115 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically located 234 meters from the nearest stop.

Service frequency averages 587 trips per day across all routes, equating to approximately 62 weekly trips per stop.

Viewbank - Yallambie's residents are healthier than average in comparison to broader Australia with common health conditions slightly more prevalent than average across both younger and older age cohorts

Health data shows Viewbank - Yallambie residents have slightly higher prevalence of common health conditions than average, affecting both younger and older age groups. Approximately 61% of the total population (11,626 people) has private health cover, compared to the national average of 55.3%.

The most prevalent medical conditions are arthritis and mental health issues, impacting 7.9% and 7.8% of residents respectively. About 70.1% of residents report no medical ailments, compared to 69.3% across Greater Melbourne. Around 19.6% of residents are aged 65 and over (3,751 people), which is broadly similar to the general population's health profile.

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 residents 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. Hinduism is notably overrepresented compared to Greater Melbourne, making up 2.4% versus 1.9%.

The top three ancestry groups are English (22.4%), Australian (21.1%), and Other (8.6%). Italian (7.3%) and Macedonian (1.1%) ethnicities are equally represented in Viewbank-Yallambie as in the region, while Croatian is slightly overrepresented at 1.0% versus 0.8%.

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

Viewbank - Yallambie has a median age of 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's figure of 38 years. The 75-84 age cohort is notably over-represented in Viewbank - Yallambie at 7.8%, compared to the Greater Melbourne average. Conversely, the 25-34 age group is under-represented at 10.1%. Between 2021 and now, the 15-24 age group has increased from 11.2% to 12.3% of the population. Meanwhile, the 65-74 age cohort has decreased from 9.6% to 8.8%. By 2041, demographic modelling suggests Viewbank - Yallambie's age profile will significantly change. The 45-54 age cohort is projected to expand by 1,162 people (44%), growing from 2,660 to 3,823.