Viewbank - Yallambie

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

Based on AreaSearch's analysis, Viewbank - Yallambie's population is around 19,120 as of Feb 2026. This reflects an increase of 387 people (2.1%) since the 2021 Census, which reported a population of 18,733 people. The change is inferred from the estimated resident population of 19,009 from the ABS as of June 2024 and an additional 100 validated new addresses since the Census date. This population level equates to a density ratio of 1,867 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Population growth for the area was primarily driven by overseas migration, which contributed approximately 86.3% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Looking at population projections moving forward, a significant population increase in the top quartile of statistical areas across the nation is forecast, with the area expected to expand by 7,163 persons to 2041 based on the latest annual ERP population numbers, reflecting 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 around 38 new homes approved annually, totalling 194 homes over the past 5 financial years. So far in FY-26, 32 approvals have been recorded. With population declining over recent years, housing supply has remained adequate relative to demand, creating a well-balanced market with good buyer choice, while new dwellings are developed at an average construction cost of $479,000, showing that developers are focusing on the premium market with high-end developments. There have also been $9.7 million in commercial approvals this financial year, suggesting balanced commercial development activity.

Relative to Greater Melbourne, Viewbank - Yallambie shows substantially reduced construction (70.0% below regional average per person). This scarcity of new homes typically strengthens demand and prices for existing properties. This activity is also below average nationally, reflecting the area's maturity and pointing to possible planning constraints. Recent construction comprises 52.0% standalone homes and 48.0% apartments or townhouses, showing an expanding range of medium-density options creating a mix of opportunities across price brackets, from traditional family housing to more affordable compact alternatives. This marks a significant departure from existing housing patterns (currently 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 7,052 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

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 14 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include North East Link Environmental Parklands, Rosanna Village Masterplan & Redevelopment, 149 McKimmies Road Residential Precinct, and Plenty River Trail Upgrades, with the list below detailing those likely to be of most relevance.

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 features a highly educated workforce, with professional services showing strong representation, an unemployment rate of just 2.3%, and 1.2% in estimated employment growth over the past year. As of December 2025, 10,440 residents are in work while the unemployment rate is 2.4% below Greater Melbourne's rate of 4.8%, and workforce participation is somewhat below standard (68.9% compared to Greater Melbourne's 71.3%). Based on Census responses, a high 38.4% of residents were found to 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. The area demonstrates a particularly notable concentration in public administration & safety, with employment levels at 2.2 times the regional average. Conversely, manufacturing shows lower representation at 4.9% versus the regional average of 7.2%. The predominantly residential area appears to offer limited employment opportunities locally, as indicated by the count of Census working population vs resident population.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, employment increased by 1.2% while labour force increased by 1.2%, leaving unemployment broadly flat. This compares to Greater Melbourne, where employment grew by 2.4%, labour force expanded by 2.8%, and unemployment rose 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Viewbank - Yallambie. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Viewbank - Yallambie's employment mix suggests local employment should increase by 6.9% over five years and 14.1% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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 the latest postcode level ATO data released for FY-23, the Viewbank - Yallambie SA2 had a median income among taxpayers of $63,507 with the average level standing at $82,879. This is among the highest in Australia and compares to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 8.25% since FY-23, current estimates would be approximately $68,746 (median) and $89,717 (average) as of September 2025. From the 2021 Census, household, family and personal incomes in Viewbank - Yallambie cluster around the 67th percentile nationally. Income analysis reveals the $1,500 - 2,999 earnings band captures 30.6% of the community (5,850 individuals), mirroring the region where 32.8% occupy this bracket. The district demonstrates considerable affluence with 31.2% earning over $3,000 per week, 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 and 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

Dwelling structure within Viewbank - Yallambie, as evaluated at the latest Census, comprised 84.8% houses and 15.1% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Melbourne metro's 67.9% houses and 32.1% other dwellings. Meanwhile, the level of home ownership within Viewbank - Yallambie was well beyond that of Melbourne metro, at 40.9%, with the remainder of dwellings either mortgaged (38.2%) or rented (20.9%). The median monthly mortgage repayment in the area was above the Melbourne metro average at $2,200, while the median weekly rent figure was recorded at $400, compared to Melbourne metro's $2,000 and $390. Nationally, Viewbank - Yallambie's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are exceeding the national figure of $375.

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

Family households dominate at 75.4% of all households, comprising 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 of 2.6 people matches 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 stands out regionally, with university qualification rates (40.1% of residents aged 15+) exceeding the Australian average of 30.4% and that of the SA4 region (32.8%), reflecting the community's emphasis on higher education. Bachelor degrees lead at 24.6%, followed by postgraduate qualifications (11.1%) and graduate diplomas (4.4%). Trade and technical skills feature prominently, with 27.1% of residents aged 15+ holding vocational credentials, including advanced diplomas (11.1%) and certificates (16.0%).

Educational participation is notably 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 moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Public transport analysis reveals 69 active transport stops operating within Viewbank - Yallambie, comprising a mix of buses. These stops are serviced by 7 individual routes, collectively providing 3,536 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 233 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 80%, with 9% by train and 5% walking. Vehicle ownership averages 1.4 per dwelling. A high 38.4% of residents work from home (2021 Census; 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 indicates relatively positive outcomes for Viewbank - Yallambie residents, with AreaSearch's analysis of mortality rates and health conditions showing results broadly in line with national benchmarks. The prevalence of common health conditions is quite low among the general population, though higher than the national average across older, at-risk cohorts. The rate of private health cover is exceptionally high at approximately 61% of the total population (11,624 people), compared to 56.7% across Greater Melbourne and a national average of 55.7%.

The most common medical conditions in the area are arthritis and mental health issues, impacting 7.9% and 7.8% of residents, respectively, while 70.1% declared themselves as completely clear of medical ailments compared to 72.6% across Greater Melbourne. Working-age residents are notably healthy with low chronic condition prevalence. The area has 20.3% of residents aged 65 and over (3,873 people), which is higher than the 15.1% in Greater Melbourne, though ranking lower nationally 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 is more culturally diverse than the vast majority of local markets, with 27.2% of its population born overseas and 25.7% speaking a language other than English at home. The main religion in Viewbank - Yallambie is Christianity, which makes up 47.3% of people. However, the most apparent overrepresentation is in Hinduism, which comprises 2.4% of the population, compared to 4.4% across Greater Melbourne.

In terms of ancestry (country of birth of parents), the top three represented groups in Viewbank - Yallambie are English, comprising 22.4% of the population, Australian, comprising 21.1% of the population, and Other, comprising 8.6% of the population, which is notably lower than the regional average of 14.6%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Italian is notably overrepresented at 7.3% of Viewbank - Yallambie (vs 5.2% regionally), Macedonian at 1.1% (vs 0.7%) and Croatian at 1.0% (vs 0.7%).

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

With a median age of 40, Viewbank - Yallambie is somewhat higher than the Greater Melbourne figure of 37 and similarly marginally higher than Australia's 38 years. Compared to the Greater Melbourne average, the 75 - 84 cohort is notably over-represented (8.1% locally), while 25 - 34 year-olds are under-represented (9.9%). In the period since 2021, the 15 to 24 age group has grown from 11.2% to 12.6% of the population, while the 75 to 84 cohort increased from 6.8% to 8.1%. Conversely, the 25 to 34 cohort has declined from 10.8% to 9.9%. Demographic modeling suggests Viewbank - Yallambie's age profile will evolve significantly by 2041. The 45 to 54 age cohort is projected to see notable expansion, expanding by 1,171 people (44%) from 2,651 to 3,823.