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

Based on AreaSearch's analysis, Monash's population is around 5,580 as of Feb 2026. This reflects a decrease of 64 people (1.1%) 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 population level equates to a density ratio of 1,636 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. While Monash experienced a 1.1% decline since the census, the SA3 area achieved 0.1% growth, highlighting divergent population trends. Population growth for the area was primarily driven by overseas migration, which was essentially the sole driver of population gains during recent periods.

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. As we examine future population trends, projections indicate a decline in overall population, with the area's population expected to contract 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. See the age section for more details.

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 around 4 new homes approved each year, totalling 24 homes over the past 5 financial years. So far in FY-26, 2 approvals have been recorded. Given an average of 2 new residents per year per dwelling constructed over the past 5 financial years (between FY-21 and FY-25), supply and demand appear well-balanced, creating stable market conditions, while recent data shows this has decreased to 0.9 people per dwelling over the past 2 financial years, indicating more balanced supply conditions. New homes are being built at an average value of $277,000. There have also been $1.1 million in commercial approvals this financial year, demonstrating the area's residential nature.

Relative to the Australian Capital Territory, Monash has significantly less development activity (63.0% below regional average per person). This constrained new construction usually reinforces demand and pricing for existing homes, though building activity has accelerated in recent years. This level is also below average nationally, reflecting the area's maturity and pointing to possible planning constraints. New building activity shows 25.0% detached dwellings and 75.0% townhouses or apartments. This skew toward compact living offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers. This shows a considerable change from the current housing mix (currently 86.0% houses), reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements.

With the population expected to remain stable or decline, Monash should see reduced pressure on housing, potentially creating opportunities for buyers.

Monash has emerging levels of nearby infrastructure activity, ranking in the 22ndth percentile nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total 6 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Canberra Light Rail Stage 4 - Woden to Tuggeranong, Dairy Farmers Hill Precinct (1 Dairy Road), Erindale Group Centre Master Plan Implementation - Stage 1, and The Valley Ponds - Wanniassa, with the list below detailing those likely to be of most relevance.

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 features a well-educated workforce, with essential services sectors well represented, an unemployment rate of 4.3%, and relative employment stability over the past year. As of December 2025, 2,754 residents are in work, while the unemployment rate is 0.5% above the Australian Capital Territory's rate of 3.8%, and workforce participation lags significantly (62.2% compared to the Australian Capital Territory's 72.6%). Based on Census responses, a low 10.8% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

The key industries of employment among residents are public administration & safety, health care & social assistance, and construction. The area shows particularly strong specialization in construction, with an employment share 1.4 times the regional level. Meanwhile, professional & technical services have a limited presence with 8.5% employment compared to 11.1% regionally. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, employment increased by 0.4% while the labour force increased by 1.1%, causing the unemployment rate to rise by 0.7 percentage points. By comparison, the Australian Capital Territory recorded employment growth of 0.9% and labour force growth of 1.2%, with unemployment rising 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Monash. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Monash's employment mix suggests local employment should increase by 6.4% over five years and 13.1% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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

According to AreaSearch's aggregation of the latest postcode level ATO data released for FY-23, the Monash SA2 had a median income among taxpayers of $64,307 with the average level standing at $74,851. This is very high nationally and compares to levels of $72,206 and $85,981 across the Australian Capital Territory respectively. Based on Wage Price Index growth of 9.26% since FY-23, current estimates would be approximately $70,262 (median) and $81,782 (average) as of September 2025. Census data reveals household, family and personal incomes all rank highly in Monash, between the 75th and 85th percentiles nationally. Distribution data shows the $1,500 - 2,999 earnings band captures 30.9% of the community (1,724 individuals), reflecting patterns seen in the surrounding region where 34.3% similarly occupy this range. Economic strength emerges through 33.6% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 86.8% of income, reflecting strong purchasing power and 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 within Monash, as evaluated at the latest Census, comprised 86.4% houses and 13.7% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to the Australian Capital Territory's 63.3% houses and 36.7% other dwellings. Meanwhile, the level of home ownership within Monash was well beyond that of the Australian Capital Territory, at 38.8%, with the remainder of dwellings either mortgaged (40.6%) or rented (20.5%). The median monthly mortgage repayment in the area was below the Australian Capital Territory average at $2,058, while the median weekly rent figure was recorded at $450, compared to the Australian Capital Territory's $2,080 and $450. Nationally, Monash's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are substantially above the national figure of $375.

Monash has a typical household mix, with a fairly typical median household size

Family households dominate at 72.1% of all households, comprising 32.3% couples with children, 27.5% couples without children, and 11.3% single parent families. Non-family households make up the remaining 27.9%, with lone person households at 26.1% and group households comprising 1.8% of the total. The median household size of 2.5 people matches the Australian Capital Territory average.

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

The area faces educational challenges, with university qualification rates (31.4%) substantially below the SA4 region average of 46.8%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 20.3%, followed by postgraduate qualifications (7.2%) and graduate diplomas (3.9%). Trade and technical skills feature prominently, with 32.1% of residents aged 15+ holding vocational credentials, including advanced diplomas (13.0%) and certificates (19.1%).

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

Public transport analysis reveals 35 active transport stops operating within Monash, comprising a mix of buses. These stops are serviced by 71 individual routes, collectively providing 5,325 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 177 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 90%, with 6% by bus. Vehicle ownership averages 1.4 per dwelling. A relatively low 10.8% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 760 trips per day across all routes, equating to approximately 152 weekly trips per individual stop.

Health performance in Monash is lower than average with common health conditions somewhat prevalent across the board, though to a slightly higher degree among older age cohorts

Monash faces significant health challenges, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Common health conditions are somewhat prevalent across the board, though to a slightly higher degree among older age cohorts, and the rate of private health cover is very high at approximately 56% of the total population (~3,130 people). This compares to 62.4% across the Australian Capital Territory.

The most common medical conditions in the area were found to be arthritis and mental health issues, impacting 10.7 and 8.5% of residents, respectively, while 61.5% declared themselves as completely clear of medical ailments compared to 70.2% across the Australian Capital Territory. Working-age residents show an above-average prevalence of chronic health conditions. The area has 27.0% of residents aged 65 and over (1,507 people), which is higher than the 14.3% in the Australian Capital Territory. Health outcomes among seniors present some challenges, though ranking lower nationally than the broader 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 was found to be more culturally diverse than the vast majority of local markets, with 25.8% of its population born overseas and 19.8% speaking a language other than English at home. The main religion in Monash is Christianity, which makes up 50.9% of people in Monash. However, the most apparent overrepresentation is in Islam, which comprises 3.6% of the population, compared to 3.4% across the Australian Capital Territory.

In terms of ancestry (country of birth of parents), the top three represented groups in Monash are Australian, comprising 25.8% of the population, English, comprising 25.2% of the population, and Other, comprising 9.6% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Spanish is notably overrepresented at 0.8% of Monash (vs 0.5% regionally), Serbian at 0.6% (vs 0.4%) and Croatian at 0.9% (vs 0.9%).

Monash's median age exceeds the national pattern

At 43 years, Monash's median age is significantly above the Australian Capital Territory average of 35 as well as considerably older than the Australian median of 38. Compared to the Australian Capital Territory average, the 65 - 74 cohort is notably over-represented (13.3% locally), while 25 - 34 year-olds are under-represented (8.9%). Following the 2021 Census, the 75 to 84 age group has grown from 7.2% to 9.1% of the population, while the 65 to 74 cohort increased from 11.5% to 13.3%. Conversely, the 25 to 34 cohort has declined from 11.2% to 8.9% and the 55 to 64 group dropped from 13.9% to 11.8%. Demographic modeling suggests Monash's age profile will evolve significantly by 2041. The 75 to 84 cohort shows the strongest projected growth at 26%, adding 132 residents to reach 639. Demographic aging continues as residents 65 and older represent 100% of anticipated growth. On the other hand, population declines are projected for the 45 to 54 and 65 to 74 cohorts.