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Migratory - Offshore - Shipping (Vic.)

VIC
SA2 code
297979799
State
VIC

Population

5-Year Growth

Median Rent

$0/wk

Census 2021

Median Income

$0/wk

Household, Census 2021

Demand & supply signals

SA2-specific signals haven't been computed for this region yet — only state-level signals are shown below.

Population growth

Not yet computed

Year-on-year change in resident population.

3-year CAGR

Not yet computed

Compound annual growth rate over the last 3 years.

Supply pressure

Not yet computed

Flagged when population growth is in the top quartile and dwelling approvals per capita are in the bottom quartile. Requires final ERP and at least 50 trailing-12-month approvals; preliminary releases are excluded.

Supply pipeline

Not yet computed

Trailing 12-month dwelling approvals as a share of existing stock. Computed when at least 50 approvals are recorded for the SA2.

Migration demand

2.36×the equal-share baseline
Migration magnet

1.0× is the state's fair share of net overseas migration by population. Above 1 means it's pulling more than its weight; below 1 means it's pulling less. State-grain — every SA2 in the same state shares this value.

As of Jan 2024

Approvals vs. completions

−3,086dwellings (trailing year)
Completions ahead

Trailing-four-quarter dwelling approvals minus completions for the state. Positive means more homes are being approved than finished — a pipeline buffer if delivery keeps pace, a backlog if it doesn't. State-grain — every SA2 in the same state shares this value.

As of Jan 2025

Demand pressure

+1.07z-score (8-state)
High pressure

Composite of state-level population growth and net overseas migration z-scores. Higher values = above-average demand pressure for the state. State-grain — every SA2 in the same state shares this value. Doesn't yet include payroll-jobs growth (separate ABS feed pending).

As of Jan 2024

Serviceability direction

+16.05%spread (pp)
Wages clearly ahead

State wage growth (ABS WPI) compared to the national change in housing lending rates (RBA F6 historical). Positive = wages outpacing rates (serviceability easing); negative = rates outpacing wages (tightening). State-grain — every SA2 in the same state shares this value.

Quarterly — most recent quarter both inputs have data for.

As of Jan 2025

Derived from ABS Estimated Resident Population, Census dwelling counts, dwelling approval counts, net overseas migration, the Wage Price Index, and RBA F6 housing lending rates. Published by the platform's metrics orchestrator on each upstream release.

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

People

Median age 50 (older), largest age group 35-44 (37.2093023255814%).

Median age

50

Avg household size

0

Age distribution

0-4
0 (0.0%)
5-14
0 (0.0%)
15-19
0 (0.0%)
20-24
0 (0.0%)
25-34
6 (14.0%)
35-44
16 (37.2%)
45-54
3 (7.0%)
55-64
14 (32.6%)
65-74
4 (9.3%)
75-84
0 (0.0%)
85+
0 (0.0%)

Employment

Full-time 53.3%
Full-time 53.3%

39.5% workforce participation · 0.0% unemployment

Highest year of school completed

Year 12+ 100.0%
Year 12+ 100.0%

100.0% completed Year 12 or equivalent

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Where this data comes from

Every metric on this page traces back to a public source. We don't fabricate numbers; if it isn't loaded yet, we mark it "Not available".

All times in Australia/Canberra. Some series carry a 1-2 quarter publication lag from the source agency.