Millgrove

Millgrove 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 ABS population updates and AreaSearch validation, as of Nov 2025, Millgrove's estimated population is around 1,698. This shows an increase of 32 people since the 2021 Census, which reported a population of 1,666. The current resident population estimate of 1,688, as per AreaSearch following Jun 2024 ABS ERP data release and address validation, indicates a density ratio of 181 persons per square kilometer. Millgrove's 1.9% growth since the Census is competitive with its SA3 area's 3.9%. Natural growth contributed approximately 65.0% to overall population gains recently. 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, VIC State Government's Regional/LGA projections from 2023 are used, adjusted employing weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the Millgrove area is projected to grow by 3 persons, reflecting a decrease of 0.3% over 17 years, aligning with anticipated lower quartile growth trends in Australian statistical areas.

The level of residential development activity in Millgrove is very low in comparison to the average area assessed nationally by AreaSearch

Millgrove has seen only one residential development approval in the past five years. This minimal development suggests a mature area with limited new housing opportunities. While this can support property values through limited supply, it also indicates a stable, settled market with less turnover compared to Greater Melbourne and nationally.

Recent periods have seen an increase in development activity, though Millgrove remains lower than these areas. Population projections show stability or decline, which should reduce housing demand pressures, benefiting potential buyers.

With population projections showing stability or decline, Millgrove should see reduced housing demand pressures, benefiting potential buyers.

Millgrove has moderate levels of nearby infrastructure activity, ranking in the 41stth percentile nationally

No infrastructure changes or major projects have been identified by AreaSearch as likely to impact the area. Key projects include Additional VLocity Trains, Level Crossing Removal Project (Melbourne), Suburban Roads Upgrade, and Telstra InfraCo Intercity Fibre Network.

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

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AreaSearch assessment indicates Millgrove faces employment challenges relative to the majority of Australian markets

Millgrove has a diverse workforce with both white and blue-collar jobs. The construction sector is prominent, with an unemployment rate of 7.8% and estimated employment growth of 2.8% in the past year (AreaSearch data).

As of September 2025768 residents are employed, with an unemployment rate of 3.1%, higher than Greater Melbourne's 4.7%. Workforce participation is lower at 52.1%, compared to Greater Melbourne's 64.1%. Key employment sectors include health care & social assistance, construction, and manufacturing. Construction stands out with a share of 1.5 times the regional level.

Conversely, professional & technical services employ only 3.3% locally, below Greater Melbourne's 10.1%. The area may lack local job opportunities, as indicated by Census data. Over the past year (AreaSearch analysis), employment increased by 2.8%, while labour force grew by 0.7%, reducing unemployment by 1.9 percentage points. In comparison, Greater Melbourne saw employment growth of 3.0% and a slight unemployment rise of 0.3%. Statewide in Victoria, employment grew by 1.13% year-on-year (adding 41,950 jobs) as of 25-Nov, with an unemployment rate of 4.7%, slightly higher than the national rate of 4.3%. National employment forecasts from Jobs and Skills Australia project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Millgrove's employment mix suggests local job growth could be around 6.1% in five years and 13.1% in ten years, though this is a simplified extrapolation for illustrative purposes only.

Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis

Millgrove's income level is lower than average nationally based on latest ATO data aggregated by AreaSearch for financial year 2023. The suburb's median income among taxpayers is $42,406 and the average income stands at $51,132, compared to Greater Melbourne's figures of $57,688 and $75,164 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Millgrove would be approximately $45,904 (median) and $55,350 (average) as of September 2025. According to Census 2021 income data, household, family and personal incomes in Millgrove all fall between the 12th and 13th percentiles nationally. Income distribution shows that the $800 - 1,499 bracket dominates with 31.6% of residents (536 people), contrasting with the surrounding region where the $1,500 - 2,999 bracket leads at 32.8%. Housing affordability pressures are severe in Millgrove, with only 83.8% of income remaining, ranking at the 14th percentile nationally.

Millgrove is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Millgrove's dwelling structures, as per the latest Census, were entirely houses with 0.0% other dwellings, compared to Melbourne metro's 93.8% houses and 6.3% other dwellings. Home ownership in Millgrove was 35.2%, similar to Melbourne metro, with mortgaged dwellings at 49.3% and rented ones at 15.5%. The median monthly mortgage repayment in Millgrove was $1,300, lower than Melbourne's average of $1,950. Median weekly rent in Millgrove was $305, below Melbourne metro's $380. Nationally, Millgrove's mortgage repayments were significantly lower at $1,300 compared to the Australian average of $1,863, and rents were substantially lower at $305 compared to the national figure of $375.

Millgrove features high concentrations of lone person households, with a lower-than-average median household size

Family households constitute 62.6% of all households, including 22.8% couples with children, 20.3% couples without children, and 18.3% single parent families. Non-family households comprise the remaining 37.4%, with lone person households at 33.7% and group households making up 2.9% of the total. The median household size is 2.3 people, which is smaller than the Greater Melbourne average of 2.7.

Educational outcomes in Millgrove fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 13.8%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 9.3%, followed by graduate diplomas (2.7%) and postgraduate qualifications (1.8%). Vocational credentials are prevalent, with 45.6% of residents aged 15+ holding them, including advanced diplomas (11.9%) and certificates (33.7%). Educational participation is high, with 30.8% of residents currently enrolled in formal education, including primary (10.8%), secondary (10.0%), and tertiary (3.7%) levels.

Educational participation is notably high, with 30.8% of residents currently enrolled in formal education. This includes 10.8% in primary education, 10.0% in secondary education, and 3.7% pursuing tertiary education.

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

Millgrove has five active public transport stops, all offering bus services. These stops are served by a single route in total, facilitating 148 weekly passenger trips combined. The transport accessibility is moderate, with residents generally residing 568 meters away from the nearest stop.

On average, there are 21 trips per day across all routes, translating to approximately 29 weekly trips per individual stop.

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

Millgrove faces significant health challenges, with common conditions prevalent across both younger and older age groups. Private health cover is low at approximately 47% of the total population (~800 people), compared to 53.1% in Greater Melbourne and a national average of 55.7%. Mental health issues affect 12.8% of residents, while arthritis impacts 10.2%, with 59.6% reporting no medical ailments, compared to 66.9% in Greater Melbourne.

The area has 18.5% of residents aged 65 and over (314 people). Health outcomes among seniors present challenges but perform better than the general population in health metrics.

Millgrove is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Millgrove's cultural diversity was found to be below average, with 84.9% of its population being citizens, 87.5% born in Australia, and 95.4% speaking English only at home. The predominant religion in Millgrove is Christianity, accounting for 33.0% of the population. However, the most notable overrepresentation was in the 'Other' category, comprising 1.1% of the population compared to 0.7% across Greater Melbourne.

In terms of ancestry, the top three groups in Millgrove are English (33.3%), Australian (30.5%), and Irish (8.5%). Notably, Hungarian ethnicity is overrepresented at 0.6% in Millgrove compared to 0.3% regionally, Dutch at 2.0% versus 3.2%, and German at 4.3% versus 3.6%.

Millgrove's population is slightly older than the national pattern

Millgrove has a median age of 40, which is slightly higher than Greater Melbourne's figure of 37 years and Australia's figure of 38 years. The 55-64 cohort is notably over-represented in Millgrove at 15.1%, compared to the Greater Melbourne average, while the 25-34 age group is under-represented at 13.9%. Between 2021 and present, the 75-84 age group has increased from 4.0% to 5.6% of the population, and the 35-44 cohort has risen from 13.4% to 14.5%. Conversely, the 5-14 age group has declined from 12.7% to 11.3%, and the 25-34 age group has dropped from 15.1% to 13.9%. By 2041, demographic modeling suggests Millgrove's age profile will change significantly. The 75-84 age cohort is projected to increase by 32 people (35%), from 95 to 128. Notably, the combined 65+ age groups are expected to account for 90% of total population growth, reflecting Millgrove's aging demographic profile. Meanwhile, the 25-34 and 0-4 age cohorts are projected to experience population declines.