Bunyip (Vic.)

Detail

According to investigations of ABS demographic updates for the wider region, alongside new locations confirmed by Districts post-Census, the suburb of Bunyip has an estimated residency of 3,461 people as of May 2026. This represents a growth of 330 people (10.5%) relative to the 2021 Census, which documented a population of 3,131 individuals. The shift is calculated using the resident total of 3,444, calculated by Districts through analysing the most recent ABS ERP statistics (June 2025) plus 39 validated new addresses registered after the Census date. This size of population translates to a density ratio of 142 persons per square kilometer, indicating substantial space per resident and potential room for future expansions. The 10.5% expansion rate of the suburb of Bunyip since the 2021 census went ahead of the state (9.3%) and the national benchmark, placing it as a regional growth leader. Population expansion for the locality was mainly pushed by interstate relocations which made up around 40.0% of total population increases over recent times, even though every driver such as natural growth and overseas arrivals represented positive components.

Detail

Bunyip possesses a diverse workforce distributed between white and blue collar jobs, with the construction sector showing notable representation, an unemployment rate of only 2.2%, and 5.7% in estimated job expansion over the previous year, according to Districts aggregations of statistical zone data. As of March 2026, 1,878 residents are employed while the unemployment rate is 2.5% below Greater Melbourne's figure of 4.8%, and labor participation matches closely with Greater Melbourne's 70.2%. Based on Census statistics, a modest 19.8% of residents worked from their homes, though the influence of Covid-19 lockdowns must be factored in.

Detail

The most recent postcode level ATO statistics from Districts for financial year 2023 show that personal earnings in Bunyip are significantly above the national benchmark, with a median of $51,262 and an average of $74,993. This is in contrast to the Greater Melbourne figures, which show a median of $57,688 and an average of $75,164. Adjusting for Wage Price Index growth of 9.62% since financial year 2023, current estimates correspond to approximately $56,193 (median) and $82,207 (average) as of March 2026. The 2021 Census income statistics show that household earnings are in the 61st percentile ($1,927 weekly), while personal earnings sit in the 44th percentile. Earnings distribution shows that 33.6% of the population (1,162 individuals) are in the $1,500 - bracket, resembling patterns in the metropolitan area where fall into this bracket. Once housing costs are met, of income is available for other disbursements, and the area's SEIFA income standing is in the th decile.

Detail

Housing configuration in Bunyip, measured during the most recent Census, consisted of 98.3% houses and 1.7% other property types (semi-detached houses, apartments, and alternative dwellings), compared to the Melbourne metropolitan profile of 67.9% houses and 32.1% alternative dwellings. Meanwhile, home ownership rates in Bunyip were far higher than in the Melbourne metropolitan area, standing at 34.5%, with the remaining properties occupied by people with a mortgage (54.0%) or renting (11.5%). The median monthly home loan payment in the area was lower than the Melbourne metropolitan average at $1,950, while the median weekly rent stood at $320, compared to Melbourne metropolitan figures of $2,000 and $390. Nationwide, mortgage repayments in Bunyip exceed the Australian average of $1,863, whereas rents are notably below the national benchmark of $375.

Detail

Families make up the vast majority of households at 79.2%, consisting of 39.6% couples with offspring, 30.3% couples without offspring, and 8.8% single parent households. Non-family households account for the remaining 20.8%, with single person homes at 19.1% and shared households representing 1.5% of the total. The median household occupancy of 2.8 people exceeds the Greater Melbourne average of 2.6.

Detail

The locality presents educational disparities, with university graduation rates (15.7%) falling well below the Greater Melbourne average of 37.0%. This constitutes both a difficulty and an opening for targeted learning campaigns. Undergraduate degrees are most common at 10.9%, followed by postgraduate degrees (2.5%) and graduate diplomas (2.3%). Vocational and technical expertise is prominent, with 44.3% of residents aged 15+ holding trade qualifications – advanced diplomas (10.3%) and certificates (34.0%).

Detail

Public transit assessment indicates 4 active transit stops within Bunyip, consisting of train services. These stops are served by 5 distinct routes, which provide a total of 296 weekly passenger trips. Transit connectivity is categorized as limited, with residents living an average of 793 meters from the nearest stop. Being a mostly residential community, the majority of workers travel outward, with cars remaining the dominant mode of travel at 95%. Vehicle ownership averages 2.0 per household, exceeding the regional average. Around 19.8% of workers work from home (2021 Census; potentially reflecting COVID-19 circumstances).

Detail

Medical statistics show favorable outcomes for the population of Bunyip, with Districts' investigation of death rates and medical conditions demonstrating findings that align closely with national baselines, showing a typical spread of common medical diagnoses across both youth and elderly cohorts, while the level of private health insurance coverage is high at approximately 56% of the population (~1,953 people).

Detail

Bunyip exhibits below average levels of multiculturalism, with 91.6% of residents holding citizenship, 90.9% born in Australia, and 97.9% speaking only English at home. The predominant faith in Bunyip is Christianity, representing 48.2% of the local population. However, the most pronounced disproportion is in Judaism, which makes up 0.1% of the population, compared to 1.0% across Greater Melbourne.

Detail

The median age of 38 years in Bunyip is close to Greater Melbourne's median of 37 and matches the national median of 38. Compared to Greater Melbourne, Bunyip features a higher proportion of residents in the 75 - 84 bracket (7.9%) but a lower share of people aged 25 - 34 (10.0%). Since the 2021 Census, the 75 to 84 age cohort has expanded from 6.3% to 7.9% of the population, and the 65 to 74 age group has risen from 8.5% to 10.1%. In contrast, the 45 to 54 cohort has shrunk from 12.0% to 9.9%. By 2041, Bunyip is anticipated to undergo significant shifts in its age profile. Leading these changes, the to group will increase by ( people), rising to from . The demographic aging pattern is clear, with residents aged + accounting for of the projected growth. Conversely, numbers in the to age group are projected to decrease by .

Detail

Bunyip currently has an estimated 259 children under 5 years old, comprising approximately 113 children aged 0-2 and 76 children aged 3-4. This cohort grew by an estimated 9% since the previous census. though population forecasts indicate future decline, with an anticipated decrease of 12% by 2041 (to approximately 229 children). Meanwhile the 5-12 cohort currently amounts to 369. While growth has been positive birth rates observed in the area have been moderate, with approximately 9.3 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area within the middle tier nationally.