Monash
Statistical Area - sa2

Monash is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Based on AreaSearch's analysis, Monash's population is around 5,558 as of November 2025. This reflects a decrease of 86 people since the 2021 Census which reported a population of 5,644 people. The change is inferred from the estimated resident population of 5,580 from the ABS as of June 2024 and an additional 19 validated new addresses since the Census date. This level of population equates to a density ratio of 1,629 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. While Monash experienced a 1.5% decline since census, the SA3 area achieved 0.2% growth, highlighting divergent population trends. Population growth for the area was primarily driven by overseas migration.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data and for years post-2032, age group growth rates from the ACT Government's SA2 area projections, with 2022 as a base, are adopted. Over this period, projections indicate a decline in overall population, with the area's population expected to reduce by 344 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by the 75 to 84 age group which is projected to increase by 193 people.

AreaSearch assessment of residential development drivers sees a low level of activity in Monash, placing the area among the bottom 25% of areas assessed nationally

Monash has averaged approximately four new dwelling approvals each year over the past five financial years, totalling 24 homes. As of FY-26 so far, two approvals have been recorded. Historically, an average of around two new residents per year per dwelling constructed has been observed between FY-21 and FY-25, suggesting balanced supply and demand conditions. However, more recent data indicates a decrease to 0.9 people per dwelling over the past two financial years, implying more balanced supply conditions. The average construction value for development projects in Monash is $277,000.

This year, $1.1 million in commercial development approvals have been recorded, indicating a predominantly residential focus. Compared to the Australian Capital Territory, Monash has significantly less development activity, 63.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established homes. However, construction activity has intensified recently, reflecting the area's maturity and possible planning constraints. Recent construction comprises 25.0% detached dwellings and 75.0% medium and high-density housing, creating more affordable entry points and suiting downsizers, investors, and first-home buyers. This shift indicates decreasing availability of developable sites and reflects changing lifestyles and the need for diverse, affordable housing options.

Given stable or declining population forecasts, Monash may experience less housing pressure in the future, creating favourable conditions for buyers.

Monash has moderate levels of nearby infrastructure activity, ranking in the 44thth percentile nationally

Six projects have been identified by AreaSearch as potentially impacting the area's performance: Canberra Light Rail Stage 4 from Woden to Tuggeranong, Erindale Group Centre Master Plan Implementation Stage 1, Dairy Farmers Hill Precinct at 1 Dairy Road, and The Valley Ponds in Wanniassa.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Monash remain below the national average according to AreaSearch analysis

Monash has a well-educated workforce with essential services sectors being well represented. The unemployment rate is 3.8% and there was an estimated employment growth of 1.6% in the past year.

As of June 2025, 2,811 residents are employed while the unemployment rate is 0.4% higher than the Australian Capital Territory's rate of 3.4%. Workforce participation in Monash lags at 59.9%, compared to the Australian Capital Territory's 69.6%. Key industries of employment among residents include public administration & safety, health care & social assistance, and construction. Construction stands out with employment levels at 1.4 times the regional average.

In contrast, professional & technical employs only 8.5% of local workers, lower than the Australian Capital Territory's 11.1%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over the 12 months to June 2025, employment increased by 1.6% while labour force increased by 1.6%, keeping the unemployment rate relatively stable. Comparing this with Australian Capital Territory's growth rates shows Monash had lower employment and labour force increases but a less significant decrease in unemployment. Jobs and Skills Australia's national employment forecasts from May 2025 suggest that over five years, national employment is forecast to expand by 6.6% and by 13.7% over ten years. However, growth rates differ significantly between industry sectors. Applying these projections to Monash's employment mix suggests local growth of approximately 6.4% over five years and 13.1% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

In financial year 2022, Monash had a median taxpayer income of $61,972 and an average income of $72,366. These figures are higher than the national averages of $68,678 and $83,634 respectively for Australian Capital Territory. By September 2025, estimated incomes would be approximately $70,400 (median) and $82,208 (average), based on a 13.6% growth in the Wage Price Index since financial year 2022. According to Census 2021 data, Monash's household, family, and personal incomes rank highly nationally, between the 76th and 85th percentiles. In Monash, 30.9% of residents (1,717 individuals) fall within the $1,500 - $2,999 income range, similar to the broader metropolitan region's 34.3%. A substantial proportion of high earners, at 33.6%, indicates strong economic capacity in Monash. After housing costs, residents retain 86.8% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 7th decile.

Monash is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Monash, as per the latest Census evaluation, 86.4% of dwellings were houses while 13.7% consisted of other types such as semi-detached homes, apartments, and 'other' dwellings. This is compared to the Australian Capital Territory's 79.6% houses and 20.4% other dwellings. Home ownership in Monash stood at 38.8%, with mortgaged properties making up 40.6% and rented dwellings comprising 20.5%. The median monthly mortgage repayment in the area was $2,058, higher than the Australian Capital Territory average of $2,000. The median weekly rent figure was recorded at $450, compared to $425 in the Australian Capital Territory. Nationally, Monash's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Monash has a typical household mix, with a lower-than-average median household size

Family households account for 72.1 percent of all households, including 32.3 percent couples with children, 27.5 percent couples without children, and 11.3 percent single parent families. Non-family households make up the remaining 27.9 percent, with lone person households at 26.1 percent and group households comprising 1.8 percent of the total. The median household size is 2.5 people, which is smaller than the Australian Capital Territory average of 2.6.

The educational profile of Monash exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate is 31.4%, significantly lower than the SA4 region average of 46.8%. Bachelor degrees are most common at 20.3%, followed by postgraduate qualifications (7.2%) and graduate diplomas (3.9%). Vocational credentials are prevalent, with 32.1% of residents aged 15+ holding them - advanced diplomas (13.0%) and certificates (19.1%). Educational participation is high at 26.4%, including 8.9% in primary, 6.7% in secondary, and 4.4% in tertiary education.

Monash Primary School serves the area with an enrollment of 423 students. The area has above-average socio-educational conditions (ICSEA: 1050). There is 1 school focusing exclusively on primary education, with secondary options available nearby. School places per 100 residents are 7.6, below the regional average of 14.9. Some students may attend schools in adjacent areas.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Monash has 38 active public transport stops operating within its boundaries. These stops are served by a mix of buses along nine different routes, collectively facilitating 1,151 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 175 meters from the nearest stop.

Service frequency averages 164 trips per day across all routes, equating to approximately 30 weekly trips per individual stop.

Health performance in Monash is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Health data indicates significant issues in Monash, with common health conditions prevalent across both younger and older age groups.

Approximately 55% of Monash residents have private health cover (~3,073 people). The most frequent medical conditions are arthritis (10.7%) and mental health concerns (8.5%). A total of 61.5% report no medical ailments, compared to 66.1% in the Australian Capital Territory. Monash has a higher proportion of residents aged 65 and over at 26.1% (1,450 people), compared to the Australian Capital Territory's 17.6%. Health outcomes among seniors present challenges largely consistent with the general population's health profile.

Monash was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Monash was found to have a higher cultural diversity than most local markets, with 25.8% of its population born overseas and 19.8% speaking a language other than English at home. Christianity is the predominant religion in Monash, making up 50.9% of its population. However, Islam is overrepresented, comprising 3.6% compared to the Australian Capital Territory's 2.4%.

The top three ancestry groups are Australian (25.8%), English (25.2%), and Other (9.6%). Notably, Spanish (0.8%) and Serbian (0.6%) ethnicities are overrepresented in Monash compared to regional averages of 0.7% and 0.4%, respectively. Hungarian ethnicity is also slightly overrepresented at 0.4%.

Monash hosts an older demographic, ranking in the top quartile nationwide

Monash's median age is 43 years, which is significantly higher than the Australian Capital Territory average of 35 years and considerably older than the Australian median of 38 years. Compared to the Australian Capital Territory average, the 65-74 cohort is notably over-represented in Monash at 13.1%, while the 25-34 age group is under-represented at 9.3%. Following the Census conducted on 2021-08-10, the percentage of Monash's population aged 65 to 74 has grown from 11.5% to 13.1%, and the 35 to 44 cohort has increased from 12.6% to 13.9%. Conversely, the 55 to 64 age group has declined from 13.9% to 11.9%, and the 25 to 34 age group has dropped from 11.2% to 9.3%. Demographic modeling suggests that Monash's age profile will change significantly by the year 2041. The 75 to 84 cohort is projected to grow by 36%, adding 168 residents to reach a total of 639. This growth is primarily driven by demographic aging, with residents aged 65 and older representing 97% of the anticipated population increase. However, population declines are projected for both the 65-74 age group and the 0 to 4 age cohort.