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 around 19,120 as of Feb 2026. This reflects an increase of 387 people since the 2021 Census which reported a population of 18,733 people. The change was inferred from ABS estimated resident population of 19,009 as of June 2024 and an additional 100 validated new addresses since the Census date. This level of population equates to a density ratio of 1,867 persons per square kilometer, which is above national averages assessed by AreaSearch. Overseas migration contributed approximately 86.3% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections released in 2024 with base year 2022 for each SA2 area. For areas not covered, it utilises VIC State Government's Regional/LGA projections from 2023 adjusted using weighted aggregation method to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Population projections forecast a significant increase in the top quartile of statistical areas, with this area expected to expand by 7,163 persons to 2041 based on latest annual ERP population numbers reflecting a total increase of 36.9% 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 had approximately 38 new homes approved annually over the past five financial years, totalling 194 homes. As of FY26, 29 approvals have been recorded. The population decline in recent years has maintained an adequate housing supply relative to demand, resulting in a balanced market with good buyer choice. New dwellings are developed at an average cost of $479,000, indicating a focus on the premium market with high-end developments.

This financial year has seen $9.7 million in commercial approvals, suggesting balanced commercial development activity. Compared to Greater Melbourne and nationally, Viewbank-Yallambie shows reduced construction activity, which typically strengthens demand and prices for existing properties. 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 7,052 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 moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified 14 projects that could affect the region. Notable initiatives include 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 professional services well represented. The unemployment rate is 2.1%. Employment stability was maintained over the past year.

As of September 2025, there are 10,362 residents employed, with an unemployment rate of 2.5%, below Greater Melbourne's 4.7%. Workforce participation is lower at 68.2% compared to Greater Melbourne's 71.0%. A significant 38.4% of residents work from home, potentially influenced by Covid-19 lockdowns. Major employment sectors include health care & social assistance, public administration & safety, and education & training.

Public administration & safety shows notable concentration at 2.2 times the regional average. Conversely, manufacturing has lower representation at 4.9%. Limited local employment opportunities are suggested by Census data comparison of working population versus resident population. Between September 2024 and September 2025, employment increased by 0.3% while labour force decreased by 0.0%, reducing the unemployment rate by 0.4 percentage points. This contrasts with Greater Melbourne's growth in employment (3.0%) and labour force (3.3%), and rise in unemployment (0.3%). Jobs and Skills Australia forecasts 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 employment should increase by 6.9% over five years and 14.1% over ten years, based on simple weighting extrapolation for illustrative purposes only.

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 for financial year ending June 2023, Viewbank - Yallambie SA2 had a median income among taxpayers of $63,507 and an average income of $82,879. These figures are among the highest in Australia, compared to Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 8.25% from financial year ending June 2023 to September 2025, estimated incomes would be approximately $68,746 (median) and $89,717 (average). From the Census conducted in August 2021, Viewbank - Yallambie's household, family, and personal incomes are at the 67th percentile nationally. Income analysis shows that 30.6% of individuals earn between $1,500 and $2,999 per week, mirroring the regional average of 32.8%. The area exhibits affluence with 31.2% earning over $3,000 weekly, supporting premium retail and service offerings. Housing expenses account for 13.7% of income. Residents rank in 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

Viewbank - Yallambie's dwelling structure, as per the latest Census, consisted of 84.8% houses and 15.1% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Viewbank - Yallambie stood at 40.9%, with the remaining dwellings either mortgaged (38.2%) or rented (20.9%). The median monthly mortgage repayment was $2,200, higher than Melbourne metro's average of $2,000. Weekly rent in Viewbank - Yallambie was $400, compared to Melbourne metro's $390. Nationally, mortgage repayments were significantly higher at $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 comprising 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+, exceeding the Australian average of 30.4% and the SA4 region's rate of 32.8%. Bachelor degrees are most common at 24.6%, followed by postgraduate qualifications (11.1%) and graduate diplomas (4.4%). Trade and technical skills are prominent, with 27.1% of residents aged 15+ holding vocational credentials – 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

Viewbank - Yallambie has 69 active public transport stops operating within it. These are served by a mix of buses on 7 individual routes, collectively providing 3,536 weekly passenger trips. Transport accessibility is rated good, with residents typically located 233 meters from the nearest stop. Most commuting in this primarily residential area is outward-bound. Cars are the dominant mode at 80%, followed by train at 9% and walking at 5%. Average vehicle ownership per dwelling is 1.4.

According to the 2021 Census, 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 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 broadly in line 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 (11,624 people), compared to 56.7% across Greater Melbourne and a national average of 55.7%.

The most common medical conditions are arthritis and mental health issues, affecting 7.9 and 7.8% of residents respectively. 70.1% of residents declare themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Working-age residents have low chronic condition prevalence. The area has 20.3% of residents aged 65 and over (3,873 people), higher than the 15.1% in Greater Melbourne but lower nationally.

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 languages other than English at home. Christianity is the predominant religion in Viewbank-Yallambie, accounting for 47.3% of the population. Hinduism is notably overrepresented compared to Greater Melbourne, making up 2.4% versus 1.6%.

The top three ancestry groups are English (22.4%), Australian (21.1%), and Other (8.6%). Some ethnic groups show significant differences: Italian at 7.3% (regional average is 5.2%), Macedonian at 1.1% (0.7%), and Croatian at 1.0% (0.7%).

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. Comparing it with the Greater Melbourne average, the 75-84 age cohort is notably over-represented at 8.1% locally, while the 25-34 age group is under-represented at 9.9%. Between 2021 and now, the population of 15 to 24-year-olds has increased from 11.2% to 12.6%, and the 75 to 84 cohort has grown from 6.8% to 8.1%. Conversely, the 25 to 34 age group has decreased from 10.8% to 9.9%. By 2041, demographic modeling suggests Viewbank - Yallambie's age profile will change significantly, with the 45-54 age cohort projected to expand by 1,171 people (44%) from 2,651 to 3,823.