Silvan (postcode 3795) is a small locality in Victoria within the Yarra Ranges local government area. It is home to about 1,323 residents, with a settled mid-life population and a median age of 41. Households earn a median income of $112K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, managers, professionals. Employment in the area leans toward construction and agriculture. The top ancestries reported are English, Australian, Italian.
The current median weekly rent is $600. The median monthly mortgage repayment is $2,167.
Silvan is served by 1 school, including 1 primary. The average ICSEA score is 1016, which is around the national average of 1,000. Public transport access includes 21 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
Looking at the investment signals, Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.