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

Monash's population was approximately 5,558 as of August 2025. This figure represents a decrease of 86 people (1.5%) since the 2021 Census, which recorded a population of 5,644 individuals. The population change is inferred from the estimated resident population of 5,580 reported by the ABS as of June 2024 and an additional 19 validated new addresses since the Census date. This results in a population density ratio of 1,629 persons per square kilometer, which exceeds the average seen across national locations assessed by AreaSearch. Despite experiencing a 1.5% decline since the census, the SA3 area achieved 0.2% growth, indicating divergent population trends within Monash. Overseas migration was the primary driver of population growth in recent periods for this area.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data and years beyond 2032, age group growth rates from the ACT Government's SA2 area projections are adopted, using 2022 as the base year. Future population trends indicate an overall decline in Monash's population, with a projected decrease of 344 persons by 2041 according to this methodology. However, specific age cohorts are anticipated to grow, notably the 75 to 84 age group which is projected to increase by 193 people over this period.

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 nine new dwelling approvals annually. Development approval data from the Australian Bureau of Statistics is on a financial year basis: 49 approvals in total across the past five financial years, from FY20 to FY25, with one recorded so far in FY26. This averages around two new residents per year per dwelling constructed over these five years. However, recent data shows this has decreased to approximately 0.9 people per dwelling over the past two financial years.

Commercial development approvals totalled $1.1 million in the current financial year, 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. Recent construction activity comprises 25.0% detached dwellings and 75.0% medium and high-density housing, shifting from the area's existing housing composition of 86.0% houses. With around zero people per dwelling approval, Monash shows characteristics of a low density area. Given stable or declining population forecasts, Monash may experience less housing pressure in the future, creating favourable conditions for buyers.

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

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified two major projects likely affecting the region: Light Rail Stage 4 to Tuggeranong, slated for completion in June 2025; and Tuggeranong Public Housing Development, expected to finish in December 2023.

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

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

Monash has a well-educated workforce with essential services sectors well represented. The unemployment rate is 3.8%, with an estimated employment growth of 1.6% over the past year as of June 2025.

There are 2,811 residents in work, with an unemployment rate of 4.2%, compared to Australian Capital Territory's (ACT) rate of 3.4%. Workforce participation is at 59.9%, lower than ACT's 69.6%. Dominant employment sectors include public administration & safety, health care & social assistance, and construction, which has notably high concentration with levels at 1.4 times the regional average. However, professional & technical services are under-represented at 8.5% compared to ACT's 11.1%.

Limited local employment opportunities are indicated by Census working population vs resident population counts. Over the year to June 2025, employment increased by 1.6%, keeping unemployment relatively stable. In contrast, ACT experienced employment growth of 1.9% and a drop in unemployment rate by 0.3 percentage points. State-level data to Sep-25 shows ACT employment contracted by 0.33%, with the state unemployment rate at 4.2%. Jobs and Skills Australia forecasts national employment expansion by 6.6% over five years and 13.7% over ten years, but local growth patterns 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

Monash shows a median taxpayer income of $61,972 and an average of $72,366 according to postcode level ATO data aggregated by AreaSearch for the financial year 2022. This is high nationally compared with Australian Capital Territory's median income of $68,678 and average income of $83,634. Based on Wage Price Index growth of 10.78% since financial year 2022, current estimates would be approximately $68,653 (median) and $80,167 (average) as of March 2025. Census data reveals household, family and personal incomes all rank highly in Monash, between the 76th and 85th percentiles nationally. The earnings profile shows that 30.9% of locals (1,717 people) earn between $1,500 - 2,999 per week, mirroring the metropolitan region where 34.3% occupy this bracket. Monash demonstrates considerable affluence with 33.6% earning over $3,000 per week, supporting premium retail and service offerings. After housing costs, residents retain 86.8% of 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

Dwelling structure in Monash, as evaluated at the 2016 Census, comprised 86.4% houses and 13.7% other dwellings. In comparison, Australian Capital Territory had 79.6% houses and 20.4% other dwellings. Home ownership in Monash stood at 38.8%, with the remaining dwellings being mortgaged (40.6%) or rented (20.5%). The median monthly mortgage repayment was $2,058, higher than Australian Capital Territory's average of $2,000. Median weekly rent in Monash was $450, compared to Australian Capital Territory's $425. Nationally, Monash's mortgage repayments were significantly higher than the Australian average of $1,863, and 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 comprise 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 at 1.8%. 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 held by 32.1% of residents aged 15+, with advanced diplomas accounting for 13.0% and certificates for 19.1%. Educational participation is high, with 26.4% of residents currently enrolled in formal education: 8.9% in primary, 6.7% in secondary, and 4.4% in tertiary.

Monash Primary School serves the area, enrolling 423 students as of a certain date. The school focuses 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 due to limited local capacity.

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, all of which are bus stops. These stops are served by 9 different routes that together facilitate 1,151 weekly passenger trips. The accessibility of these services is rated as excellent, with residents living an average of 175 meters away from the nearest stop.

On average, there are 164 trips per day across all routes, which equates 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 challenges for Monash, with high prevalence of common health conditions across both younger and older age groups.

Approximately 55% (~3,073 people) of the total population has private health cover. The most prevalent medical conditions are arthritis (10.7%) and mental health issues (8.5%). 61.5% of residents report no medical ailments, compared to 66.1% in Australian Capital Territory. Monash has a higher proportion of seniors aged 65 and over (26.1%, or 1,450 people) than the Australian Capital Territory's 17.6%. Seniors' health outcomes present challenges broadly inline 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's population is more culturally diverse than most local markets, with 25.8% 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 compared to the Australian Capital Territory, comprising 3.6% versus 2.4%.

The top three ancestry groups are Australian (25.8%), English (25.2%), and Other (9.6%). Notably, Spanish (0.8%), Serbian (0.6%), and Hungarian (0.4%) ethnicities are overrepresented compared to regional figures of 0.7%, 0.4%, and 0.3% respectively.

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, Monash has a notably over-represented cohort of residents aged 65-74 (13.1%) and an under-represented cohort of those aged 25-34 (9.3%). Following the census conducted on 2021-August-11, the percentage of Monash's population in the 65 to 74 age group grew from 11.5% to 13.1%, while the percentage in the 35 to 44 cohort increased from 12.6% to 13.9%. Conversely, the percentage in the 55 to 64 cohort declined from 13.9% to 11.9%, and the percentage in the 25 to 34 group dropped from 11.2% to 9.3%. Demographic modeling suggests that Monash's age profile will evolve significantly by 2041-June-30. The 75 to 84 cohort shows the strongest projected growth at 36%, adding 168 residents to reach 639. Demographic aging continues as residents aged 65 and older represent 97% of anticipated population growth. However, population declines are projected for the cohorts aged 0-4 and 65-74.