Pascoe Vale
VICPascoe Vale is a growing suburb in VIC with 18,171 residents.
- SAL code
- 22041
- SA2
- 210031538
- Population
- 18,171
- LGA
- Moreland
Pascoe Vale, VIC had 18,171 residents at the 2021 Census, with the broader statistical area showing a 4.0% growth over the last five years. The predominant age group is 25-34 years, and the median age sits at 36. Households are most often couples with children, and those with a mortgage repay a median of $2,100 a month. Around 62.5% of homes are owner-occupied, with the largest single tenure being rented at 34.8%. Most dwellings are townhouses or semi-detached homes, making up 49.0% of the suburb's housing stock. The suburb has 19 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Pascoe Vale, VIC at a glance
Pascoe Vale sits ~10 km north of the Melbourne CBD in Merri-bek City (formerly Moreland), on the Craigieburn rail line and split by Moonee Ponds Creek. Housing is mostly interwar and post-war detached on standard lots, with steady unit infill along main roads. The data tiles below cover the demographic baseline; this card adds the live market, lifestyle, and council context they don't.
For homebuyers
Pascoe Vale reads as an established middle-ring suburb with a mix of weatherboard and brick interwar homes, post-war californian bungalows, and pockets of newer townhouse infill. Cole Reserve, Jack Roper Reserve and Austin Crescent Reserve give the suburb genuine open-space depth, and Moonee Ponds Creek runs north–south with a connected shared trail that links into the Capital City Trail. Local shopping clusters along Cumberland Road and the Pascoe Vale station strip; Coburg North Village, Westfield Airport West and Northland are all short drives. Two stations on the Craigieburn line — Pascoe Vale and Oak Park — both run roughly 25–35 minutes to Southern Cross. Schools include Pascoe Vale Primary, Pascoe Vale North Primary and Pascoe Vale Girls Secondary College (an established public girls' school with ~828 students). In short: a settled middle-ring suburb with parks, two train stations and an easy run to the CBD.
For investors
Pascoe Vale is a capital-growth-led market with thin yield. Median house ~$1.20m against ~$625/week rent gives ~2.79% gross; units ~$666k at ~$550/week sit closer to ~4.38% (Your Investment Property May 2026). 12-month house growth +14.29%; 163 house sales and 330 unit sales in the year to January 2026 with both segments at ~30 days on market (htag.com.au Jan 2026). Vacancy ~1.64% and inventory ~0.8 months (htag.com.au).
Strengths
- Strong recent capital growth (+14.29% YoY houses, Your Investment Property May 2026).
- Two stations on the Craigieburn line plus tram connections at the south end keep tenant demand broad.
- Tight market with 0.8 months of inventory and ~30 days on market across houses and units (htag Jan 2026).
- Deep unit pipeline (330 unit sales in 12 months) gives lower-ticket entry near ~4.38% gross yield.
Trade-offs
- House yield is low (~2.79%) — this is a growth play, not a cashflow one.
- Median house at ~$1.20m narrows the marginal-buyer pool and concentrates risk on owner-occupier demand.
- Long hold periods (~11.7 years on htag) mean stratified stock is the realistic scale-in path.
- Steady townhouse infill along main roads keeps unit supply elastic and may cap unit growth.
What's coming
Merri-bek's 2025/26 capital works program is its largest on record (~$93.9m). Pascoe Vale items include the Cole Reserve South sports-field lighting upgrade (state-funded), a new park at the corner of Bell Street and Westgate Street, and road reconstructions on Ellenvale Avenue, Northumberland Road and Devon Road. Council's 2026–30 budget consultation is also live.
Bottom line
For homebuyers: an established middle-ring suburb with two trains, parks and a steady character. For investors: a capital-growth play with low yield — units offer the better cashflow entry.
Population
?18,171
Suburb · Census 2021
5-Year Growth
+4.0%
3yr: +7.2% · 10yr: +12.9%
SA2 · 5yr
Household Income
$2,025/wk
Suburb · Census 2021 median
Median Age
36
Suburb · Census 2021
Socio-Economic Index
?7/10
SA2 · middle-range
Unemployment
?2.6%
SA2 · Q4 2025
Schools
5
4 primary, 1 secondary
Hospitals
No data for this suburb
Childcare services
?13
7 long day, 4 OSHC, 1 family
Parks & green space
?19
Parks, reserves
Transport stops
?60
GTFS stops
Dwelling approvals
No data for this suburb
Median Weekly Rent
Based on rental bond lodgements recorded by the state government.
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments→ Calculate rental yield (price + median rent)
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Pascoe Vale (SA2)
ABS publishes annual estimates only at SA2; Pascoe Vale suburb alone is ~18,171 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 13,018 to 18,674 over 24 years, averaging 1.5% per year.
Schools
5 in suburbSector
4 public · 1 private
Type
4 primary · 1 secondary
Total enrolment
2,315
Avg per school
463
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 1.1%Mostly townhouses (49%), mixed tenure (62.5% own or mortgage), built for families (42% are 3 bed).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
This suburb falls outside every bushfire polygon mapped by the relevant authority. Always confirm at the property address — local conditions and unmapped overlays can still apply.
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions. Source when available: Vicmap Planning — Bushfire Prone Area + Vicmap flood overlays.
Flood risk
Source: VIC DTP Vicmap Planning Overlay (flood codes)
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions.
Planning zones
11 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| NRZ1 | Neighbourhood Residential Zone Schedule 1Residential | 44.3% | 2.21 km² |
| GRZ1 | General Residential Zone Schedule 1Residential | 34.7% | 1.73 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 7.2% | 0.36 km² |
| RGZ2 | Residential Growth Zone Schedule 2Residential | 3.5% | 0.17 km² |
| TRZ2 | TRZ2Special use | 2.9% | 0.15 km² |
| IN3Z | Industrial 3 ZoneIndustrial | 2.2% | 0.11 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 2.0% | 0.10 km² |
| C1Z | Commercial 1 ZoneBusiness | 1.2% | 0.06 km² |
| TRZ1 | TRZ1Special use | 0.9% | 0.04 km² |
| IN1Z | Industrial 1 ZoneIndustrial | 0.9% | 0.04 km² |
| UFZ | Urban Floodway ZoneWaterway | 0.2% | 0.01 km² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.