Monash

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

Monash's population was around 5,658 as of May 2026. This reflected an increase of 14 people since the 2021 Census, which reported a population of 5,644. The change was inferred from ABS estimated resident population data of 5,657 in June 2025 and additional validated new addresses since the Census date. Monash's population density ratio was 1,659 persons per square kilometer, above national averages assessed by AreaSearch. Monash's growth rate of 0.2% since the census positioned it within 1.2 percentage points of the SA3 area's growth rate of 1.4%. Population growth was primarily driven by overseas migration.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, ACT Government's SA2 area projections were used, also based on 2022 data. Future population trends indicated a decline by 2041, with the total population expected to contract by 329 persons. However, specific age cohorts were projected to grow, notably the 75 to 84 age group, anticipated to increase by 165 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 seen approximately four new homes approved annually over the past five financial years, totalling 24 homes. As of FY-26, two approvals have been recorded. Over these five years, an average of 2 new residents per dwelling was observed, indicating balanced supply and demand conditions. However, this figure decreased to 0.9 people per dwelling over the past two financial years, suggesting more balanced supply conditions recently. The average construction cost value for new homes is $277,000.

This year has seen $1.1 million in commercial approvals, reflecting Monash's residential nature. Compared to the Australian Capital Territory, Monash has significantly less development activity, 63.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing homes, although building activity has increased recently. The current level of building activity is also below the national average, suggesting possible planning constraints. New building activity comprises 25.0% detached dwellings and 75.0% townhouses or apartments, catering to affordable entry pathways and attracting downsizers, investors, and first-time purchasers. This shift reflects reduced availability of development sites and changing lifestyle demands and affordability requirements, contrasting with the current housing mix of 86.0% houses.

With a stable or declining population expected in Monash, there should be reduced pressure on housing, potentially creating opportunities for buyers.

Monash has emerging levels of nearby infrastructure activity, ranking in the 20thth percentile nationally

The performance of an area is significantly influenced by changes in local infrastructure projects and planning initiatives. AreaSearch has identified six projects that are expected to impact the area. Notable projects include Canberra Light Rail Stage 4 from Woden to Tuggeranong, Dairy Farmers Hill Precinct at 1 Dairy Road, Erindale Group Centre Master Plan Implementation - Stage 1, and The Valley Ponds in Wanniassa. Below is a list detailing those likely to be most relevant.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis reveals Monash recording weaker employment conditions than most comparable areas nationwide

Monash has an educated workforce with prominent representation in essential services. The unemployment rate is 4.3%. Over the past year, employment has been relatively stable.

As of December 2025, 2754 residents are employed while the unemployment rate is 4.8%, compared to the Australian Capital Territory's rate of 3.8%. Workforce participation is lower at 61.5% versus the Australian Capital Territory's 70.5%. According to Census data, only 10.8% of residents work from home. Key industries for employment are public administration & safety, health care & social assistance, and construction.

Construction shows strong specialization with an employment share 1.4 times higher than the regional level. Professional & technical services have limited presence at 8.5%, compared to the regional average of 11.1%. The area offers limited local employment opportunities, as indicated by the Census working population count versus resident population. Over the year ending December 2025, employment increased by 0.4% while labour force grew by 1.1%, leading to a rise in unemployment rate by 0.7 percentage points. In comparison, Australian Capital Territory saw employment growth of 0.9%. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Monash's industry mix suggests local employment should increase by 6.4% over five years and 13.1% over ten years, though this is a simplified extrapolation for illustrative purposes only.

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

AreaSearch's aggregation of ATO data released for financial year ending June 2023 shows Monash SA2 had a median taxpayer income of $64,307 and an average income of $74,851. Nationally, these figures are high compared to the Australian Capital Territory's median of $72,206 and average of $85,981. Based on Wage Price Index growth from June 2023 to March 2026 (an estimated increase of 10.44%), current estimates for Monash are approximately $71,021 (median) and $82,665 (average). Census data indicates household, family, and personal incomes in Monash rank between the 75th and 85th percentiles nationally. Income distribution shows that 30.9% of individuals earn between $1,500 and $2,999 annually, reflecting patterns seen in surrounding regions where 34.3% fall into this range. Economic strength is evident with 33.6% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 86.8% of their income, indicating 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

Dwelling structure in Monash, as per the latest Census, consisted of 86.4% houses and 13.7% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Australian Capital Territory's 63.3% houses and 36.7% other dwellings. Home ownership in Monash was at 38.8%, with the rest being mortgaged (40.6%) or rented (20.5%). The median monthly mortgage repayment was $2,058, lower than Australian Capital Territory's average of $2,080. Median weekly rent was recorded at $450, equal to Australian Capital Territory's figure. Nationally, Monash's mortgage repayments were 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 fairly typical median household size

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

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 the 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, including advanced diplomas (13.0%) and certificates (19.1%). Educational participation is high, with 26.4% of residents currently enrolled in formal education, comprising 8.9% in primary, 6.7% in secondary, and 4.4% in tertiary education.

Educational participation is notably high, with 26.4% of residents currently enrolled in formal education. This includes 8.9% in primary education, 6.7% in secondary education, and 4.4% pursuing tertiary education.

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

Monash has 35 active public transport stops, all of which are bus stops. These stops are served by 71 different routes that together facilitate 5,325 weekly passenger trips. The accessibility of these stops is rated as excellent, with residents on average located just 177 meters from the nearest stop. Most residents commute outwards due to Monash's primarily residential nature. Cars remain the dominant mode of transport at 90%, while buses account for 6% of journeys. On average, there are 1.4 vehicles per dwelling in the area.

According to the 2021 Census, only 10.8% of residents work from home, which could potentially be influenced by COVID-19 conditions. The service frequency across all routes averages 760 trips per day, translating to approximately 152 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 health challenges in Monash, as assessed by AreaSearch. Mortality rates and chronic condition prevalence are notable across both younger and older age groups.

Approximately 56% (~3,174 people) of Monash's total population has private health cover, compared to 62.4% in the Australian Capital Territory. The most prevalent medical conditions are arthritis (affecting 10.7% of residents) and mental health issues (8.5%). Notably, 61.5% of residents report no medical ailments, compared to 70.2% in the Australian Capital Territory. Working-age residents show a higher-than-average prevalence of chronic health conditions. Monash has 26.7% of residents aged 65 and over (1,511 people), which is higher than the 14.3% in the Australian Capital Territory. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in Monash was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Monash's cultural diversity surpasses 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, accounting for 50.9% of its people. Islam's representation in Monash is slightly higher than the Australian Capital Territory average, at 3.6%.

The top three ancestral 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 0.5% and 0.4%, respectively. Croatian ethnicity is similarly represented at 0.9%.

Monash's median age exceeds the national pattern

Monash's median age is 43 years, which is significantly higher than the Australian Capital Territory average of 35 and considerably older than the Australian median of 38. 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 9.4%. According to the 2021 Census, the 65-74 age group has grown from 11.5% to 13.1% of Monash's population, and the 75-84 cohort increased from 7.2% to 8.7%. Conversely, the 55-64 cohort has declined from 13.9% to 11.6%, and the 25-34 group dropped from 11.2% to 9.4%. Demographic modeling suggests that Monash's age profile will evolve significantly by 2041, with the strongest projected growth in the 75-84 cohort at 27%, adding 131 residents to reach 623. This demographic aging continues as residents aged 65 and older represent 99% of anticipated population growth. However, population declines are projected for the 65-74 and 55-64 cohorts.