Bannockburn

VIC

Bannockburn is a growing region in VIC with 8,395 residents.

SA2 code: 203011034
State: VIC

Population

8,395

Estimated 2025

5-Year Growth

+10.3%

3yr: +5.8% · 10yr: +35.6%

5-year growth

Median Rent

$386/wk

Census 2021

Median Income

$2,159/wk

Household, Census 2021

Population over time — Bannockburn (SA2)

Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.

Growth at a Glance

3yr: +5.8%5yr: +10.3%10yr: +35.6%Total: +226.8%

Population grew from 2,569 to 8,395 over 24 years, averaging 5.1% per year.

Demand & supply signals

Derived signals haven't been computed for this region yet.

Roadmap signals

Two more derived metrics are defined in the platform and waiting on upstream-data orchestration. Each will populate here once its source series is wired through.

Affordability trend

Coming soon

RPPI year-on-year divided by WPI year-on-year. Above 1.0 means home prices are outpacing wages; below 1.0 means wages are catching up.

Awaiting: ABS RPPI (6432.0) + WPI (6345.0) GCCSA-grain orchestration.

Rent–price momentum spread

Coming soon

CPI rents year-on-year minus RPPI year-on-year. Positive means rents are gaining on prices; negative means prices are running ahead of rents.

Awaiting: ABS CPI rents component + RPPI orchestration.

Profile

Census snapshot

ABS · 2021

Housing

Almost entirely detached houses (96.3%), owner-occupied (87.7%), built for families (54% are 4 bed).

Dwelling mix

Houses 96.3%

2,349 houses83 townhouses6 apartments

Tenure

Owned 31.0%

Mortgage 56.7%

Owned 31.0%Mortgage 56.7%Renting 10.2%Other / NS 2.2%

Number of bedrooms

1 bed

16 (0.7%)

2 bed

107 (4.4%)

3 bed

790 (32.7%)

4 bed

1,304 (54.0%)

5 bed

168 (7.0%)

6+ bed

30 (1.2%)