Albion (Vic.)

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Based on demographic evaluations from official updates and recently verified addresses, the suburb of Albion (Vic.) has an estimated residency of 4,701 as of May 2026. This marks an expansion of 367 individuals (8.5%) relative to the 2021 Census, which counted 4,334 people. The calculation is derived from a June 2025 estimate of 4,678 by Districts following the release of annual government figures, combined with 92 validated new addresses registered after the Census date. This size results in a concentration of 1,865 persons per square kilometer, exceeding the typical densities found across the country. The 8.5% growth rate of the suburb of Albion (Vic.) since the 2021 census outpaced the broader SA3 region's 2.1% increase, positioning it at the forefront of local growth. The primary catalyst for these gains was overseas migration, which was responsible for about 82.0% of the total population rise.

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Albion boasts a highly skilled labor pool with broad industry representation, an unemployment rate of 6.1%, and an estimated employment growth of 2.6% over the previous year according to Districts data. As of March 2026, 2,580 residents are employed while the local unemployment rate stands at 1.3% higher than Greater Melbourne's 4.8%, and workforce participation sits slightly below the regional benchmark at 67.9% versus Greater Melbourne's 70.2%. Census data indicates that a moderate 25.1% of residents work from home, though this figure should be viewed in the context of Covid-19 lockdown effects.

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Tax data for the financial year 2023 indicates a median taxpayer income of $48,223 and an average of $55,912 in the postcode area. These figures sit below national marks, contrasting with a median of $57,688 and an average of $75,164 across Greater Melbourne. Adjusting for a 9.62% increase in the Wage Price Index since the financial year 2023, estimated incomes as of March 2026 would be roughly $52,862 for the median and $61,291 for the average. According to the 2021 Census, household, family, and individual incomes are relatively low, falling between the 20th and 30th percentiles. The largest income bracket contains 27.7% of local residents (1,302 people) earning between $1,500 and $2,999, mirroring the regional trend where of the population falls into this bracket. Financial strain from housing is pronounced, with residents retaining only of their income after housing costs, placing the area in the th percentile.

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At the time of the last Census, the housing stock consisted of 55.1% standalone houses and 45.0% alternative dwellings such as townhouses and apartments, compared to Greater Melbourne's mix of 67.9% houses and 32.1% alternative structures. Homeownership rates lagged behind the metropolitan average, standing at 26.1%, with the remaining properties occupied by residents with a mortgage (27.1%) or renters (46.8%). The median monthly mortgage cost was $1,700, and the median weekly rent was $301, both tracking well below the respective metropolitan averages of $2,000 and $390. On a national scale, local mortgage commitments are lower than the Australian average of $1,863, and rent expenses are also below the national benchmark of $375.

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Families make up the majority of households at 56.4%, consisting of couples with children at 19.7%, couples without children at 23.0%, and single parents at 11.2%. The remaining 43.6% consist of non-family living arrangements, dominated by single-person households at 36.5% and shared group households at 7.2%. The average household size of 2.3 individuals is smaller than the Greater Melbourne average of 2.6.

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The educational profile of the population is distinct within the region, with tertiary qualification rates at 33.2% of residents aged 15 and over, outperforming the SA3 average of 23.9%. Bachelor degrees represent the largest share at 20.6%, followed by postgraduate degrees at 9.5% and graduate diplomas at 3.1%. Vocational and technical training is also highly represented, with 28.4% of the population aged 15 and over holding qualification credentials, split between advanced diplomas at 12.2% and certificates at 16.2%.

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Public transit networks include 21 active stops within Albion, consisting of bus services. These stops accommodate 9 distinct routes, which support 2,887 passenger journeys weekly. Transit access is rated highly, with average distances of 177 meters to the closest stop. Given the residential nature of the area, the majority of workers travel outside the suburb, with cars being the primary mode at 70% and trains accounting for 19%. The average number of vehicles per household is 0.8, which is below the metropolitan standard. Additionally, 25.1% of residents worked from home according to 2021 data, which may reflect pandemic-era conditions.

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Health indicators align closely with national averages, with the incidence of common medical conditions mirroring typical patterns, though tracking slightly higher than national benchmarks among older demographics. The rate of private health insurance is relatively low, held by approximately 49% of the population, representing about 2,303 people, compared to 56.7% across Greater Melbourne and a national average of 55.7%.

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The area ranks among the most multicultural in the nation, with 50.0% of the population speaking a non-English language at home and 51.6% born outside Australia. Christianity is the most common religious affiliation, accounting for 41.9% of residents, while Buddhism shows the most significant relative concentration at 6.5% of the population, compared to 4.2% across Greater Melbourne.

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The median age of 35 years is slightly below the Greater Melbourne median of 37 and the national average of 38. The 25 to 34 age bracket is highly represented at 23.4%, whereas the 5 to 14 cohort is less common at 8.2%. The concentration of residents aged 25 to 34 sits well above the national share of 14.6%. Since 2021, the proportion of residents aged 75 to 84 has risen from 4.8% to 6.1%, while the 55 to 64 bracket has contracted from 9.7% to 9.0%. Looking toward 2041, forecasts indicate shifting demographics, with the cohort aged 55 to expected to increase by people () from to while the population aged to is projected to grow by people ().

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Albion currently has an estimated 277 children under 5 years old, comprising approximately 179 children aged 0-2 and 118 children aged 3-4. This cohort grew by an estimated 14% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 6% by 2041 (to approximately 295 children). Meanwhile the 5-12 cohort currently amounts to 330. Recent growth has been driven by high birth rates observed in the area, with approximately 15.6 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area among the top 20% of areas assessed nationally.