Plenty (Vic.)

Detail

Based on demographic evaluations from the ABS for the surrounding region, combined with updated addresses verified by Districts since the Census, the suburb of Plenty (Vic.) is estimated to have a population of 2,632 as of May 2026. This represents an addition of 57 people (2.2%) compared to the 2021 Census, which documented a population of 2,575 people. This shift is calculated from the resident population of 2,632, projected by Districts after examining the June 2025 ERP release from the ABS alongside 28 validated new addresses since the Census date. This population size results in a density of 239 persons per square kilometer, indicating low-density living and capacity for future housing expansion. The 2.2% expansion of the suburb of Plenty (Vic.) since the 2021 census was quicker than the SA3 area (1.8%), indicating it led the regional market. Expansion in this locality was mostly fueled by net overseas migration, which served as the sole contributor to population gains over the recent period.

Detail

The suburb of Plenty (Vic.) has a highly trained workforce with strong representation in construction, an unemployment rate of only 1.3%, and job growth estimated at 2.8% over the past year. As of March 2026, there are 1,617 working residents, and the unemployment rate is 3.4% below the Greater Melbourne average of 4.8%. The labor force participation rate stands at 73.7%, compared to 70.2% across Greater Melbourne. Census records show that 30.0% of the workforce worked from home, though this may reflect pandemic-related restrictions.

Detail

According to tax data from financial year 2023, the suburb of Plenty (Vic.) had a median taxpayer income of $65,727 and an average income of $91,347. This ranks among the highest income levels in the country, compared to $57,688 and $75,164 across Greater Melbourne. Adjusted for a 9.62% increase in the Wage Price Index since financial year 2023, current estimates are approximately $72,050 for the median and $100,135 for the average as of March 2026. The 2021 Census placed median weekly household incomes at the 98th percentile ($3,190 weekly). The local earnings profile is dominated by the $4000+ weekly bracket, which accounts for 36.5% of residents (960 people), whereas the metropolitan area is dominated by the - bracket at . High household earnings are common, with of households receiving more than weekly. After housing costs, households retain of their income, indicating high disposable income, and the area ranks in the th decile on the SEIFA index.

Detail

At the time of the latest Census, the housing stock in the suburb of Plenty (Vic.) consisted of 100.0% detached houses and no other dwelling types, compared to Greater Melbourne where detached houses make up 67.9% of dwellings and other types comprise 32.1%. The rate of home ownership was high at 45.3%, with 51.5% of homes mortgaged and 3.2% rented. The median monthly mortgage payment was $2,600, which is higher than the Melbourne metropolitan average of $2,000. The median weekly rent was $392, compared to $390 across the metropolitan area. Nationally, mortgage costs are higher than the Australian median of $1,863, and rents are above the national average of $375.

Detail

Family households make up 89.7% of all households in the suburb of Plenty (Vic.). This includes couples with children at 58.8%, couples without children at 24.8%, and single-parent households at 5.1%. Non-family households account for the remaining 10.3%, with lone person households representing 9.6% and group households comprising 0.8%. The average household size is 3.2 people, which is larger than the Greater Melbourne average of 2.6.

Detail

The suburb of Plenty (Vic.) has a lower proportion of residents with university qualifications (26.2%) compared to the Greater Melbourne average of 37.0%. Among those with university degrees, bachelor degrees are the most common at 18.4%, followed by postgraduate qualifications at 5.2% and graduate diplomas at 2.6%. Vocational and technical qualifications are common, with 32.3% of residents aged 15+ holding these credentials, including 10.5% with advanced diplomas and 21.8% with certificates.

Detail

Public transport services in the suburb of Plenty (Vic.) consist of 10 bus stops operating across 4 routes, which support 1,349 passenger journeys weekly. The average distance to the nearest stop is 583 meters, which represents moderate accessibility. The area is primarily residential and most workers commute outside the suburb, with private vehicles remaining the main mode of transport for 97% of commuters. Average vehicle ownership is 2.5 per household, which is higher than the regional average. A total of 30.0% of residents worked from home at the time of the 2021 Census.

Detail

Health indicators show positive outcomes in the suburb of Plenty (Vic.), with low rates of mortality and chronic illnesses, particularly among younger residents. The rate of private health insurance is high, covering approximately 63% of the population (1,653 people), compared to 56.7% across Greater Melbourne and a national average of 55.7%.

Detail

The suburb of Plenty (Vic.) has cultural diversity levels similar to the metropolitan average. Residents born in Australia make up 84.5% of the population, 94.8% are Australian citizens, and 86.1% speak only English at home. The most common religious affiliation is Christianity, which is practiced by 66.9% of residents, compared to 43.0% across Greater Melbourne.

Detail

The median age in the suburb of Plenty (Vic.) is 44, which is older than the Greater Melbourne median of 37 and the national average of 38. The 45 - 54 age group is well represented at 17.8% of the population, compared to a national average of 12.0%, while the 25 - 34 age group is less common at 5.7%. Since the 2021 Census, the proportion of residents aged 75 to 84 has increased from 4.5% to 6.2%, and the 15 to 24 cohort has grown from 16.4% to 17.8%. Conversely, the 25 to 34 cohort has decreased from 7.0% to 5.7%. Projections to indicate that the to cohort will grow by ( people) to reach from while the to group is expected to grow by (an increase of residents).

Detail

Plenty currently has an estimated 68 children under 5 years old, comprising approximately 62 children aged 0-2 and 41 children aged 3-4. This cohort declined by an estimated 12% since the previous census. though population forecasts indicate future growth, with an anticipated increase of 3% by 2041 (to approximately 70 children). Meanwhile the 5-12 cohort currently amounts to 267. Birth rates in the area have averaged 7.1 per 1,000 residents over the latest two-year period, a low rate (among the bottom 20% of areas assessed nationally). This rate has slowed down slightly in recent years however.