The size of Bunyip is approximately 24.2 square kilometres. The population of Bunyip in 2011 was 2,232 people. By 2016 the population was 2,454 showing a population growth of 9.9% in the area during that time. The predominant age group in Bunyip is 10-19 years. Households in Bunyip are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bunyip work in a trades occupation. In 2011, 83% of the homes in Bunyip were owner-occupied compared with 82.6% in 2016. Currently the median sales price of houses in the area is $695,000.