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, the estimated population of Millgrove as of Feb 2026 is around 1700. This reflects a growth of 34 people since the 2021 Census, which reported a population of 1666. The change was inferred from AreaSearch's estimate of resident population at 1688 following examination of ABS' latest ERP data release in June 2024 and validation of an additional new address since the Census date. This results in a density ratio of 181 persons per square kilometer, indicating significant space per person and potential room for further development. Millgrove's growth rate of 2% since census is comparable to its SA3 area's 4%, demonstrating competitive growth fundamentals. Natural growth contributed approximately 65% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area, and VIC State Government's Regional/LGA projections released in 2023 adjusted employing weighted aggregation method for areas not covered by ABS data. Projections indicate overall population decline over the period 2022 to 2041, with Millgrove's population expected to contract by 1 person by 2041. However, specific age cohorts are anticipated to grow, notably the 75-84 age group projected to expand by 50 people during this period.

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

Millgrove has not had any residential development approvals in the past five years. Despite its established status, there has been virtually no new residential development in the area during this period. The limited supply of new housing typically supports values for existing properties, which may be influenced by factors such as planning constraints or limited market activity.

Compared to Greater Melbourne, Millgrove has significantly less development activity. This constrained new construction usually reinforces demand and pricing for existing homes. Nationally, the level is also lower, reflecting market maturity and possible development constraints.

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

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

No changes can significantly affect a region's performance like alterations to local infrastructure, major projects, and planning initiatives. Zero projects have been pinpointed by AreaSearch that could potentially impact this area. Notable projects include Additional VLocity Trains, Level Crossing Removal Project (Melbourne), Suburban Roads Upgrade, and Telstra InfraCo Intercity Fibre Network, with the following list outlining those most likely to be relevant.

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

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Employment drivers in Millgrove are experiencing difficulties, placing it among the bottom 20% of areas assessed across Australia

Millgrove has a diverse workforce with both white and blue collar jobs, notable in construction. Its unemployment rate was 8.6% last year, with an estimated employment growth of 1.6%. As of December 2025761 residents are employed, with an unemployment rate of 3.9%, higher than Greater Melbourne's 4.8%.

Workforce participation is lower at 59.0%. Home workership was low at 13.4% based on Census responses in Millgrove. Top industries include health care & social assistance, construction, and manufacturing. Construction is particularly strong with an employment share of 1.5 times the regional level.

However, professional & technical jobs are under-represented at 3.3%, compared to Greater Melbourne's 10.1%. Employment opportunities locally may be limited as indicated by working population vs resident population count. Between December 2024 and December 2025, employment increased by 1.6% while labour force grew by 1.1%, reducing unemployment by 0.5 percentage points. In contrast, Greater Melbourne saw employment rise by 2.4%, labour force grow by 2.8%, and unemployment increase by 0.3 percentage points. National employment forecasts from Jobs and Skills Australia, released in May-25, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Millgrove's employment mix suggests local employment should grow by 6.1% over five years and 13.1% over 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

AreaSearch's latest postcode level ATO data for financial year 2023 shows that Millgrove has an income below the national average. The median income is $42,406 and the average income is $51,132. This contrasts with Greater Melbourne's median income of $57,688 and average income of $75,164. 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. Census 2021 income data indicates that 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 (537 people), differing from metropolitan regions where the $1,500 - 2,999 category is predominant at 32.8%. Housing affordability pressures are severe in Millgrove, with only 83.8% of income remaining, ranking at the 14th percentile.

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

Dwelling structure in Millgrove, evaluated at the latest Census, consisted entirely of houses with 0.0% other dwellings. This contrasted with Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Millgrove stood at 35.2%, with mortgaged dwellings at 49.3% and rented ones at 15.5%. The median monthly mortgage repayment was $1,300, lower than Melbourne metro's average of $2,000. Median weekly rent in Millgrove was $305, compared to Melbourne metro's $390. Nationally, Millgrove's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

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

Family households account for 62.6% of all households, consisting of 22.8% couples with children, 20.3% couples without children, and 18.3% single parent families. Non-family households make up the remaining 37.4%, with lone person households at 33.7% and group households comprising 2.9% of the total. The median household size is 2.3 people, which is smaller than the Greater Melbourne average of 2.6.

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.

This includes primary education (10.8%), secondary education (10.0%), and tertiary education (3.7%).

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 one route collectively handling 148 weekly passenger trips. Transport accessibility is moderate, with residents typically located 568 meters from the nearest stop. The area is primarily residential and most residents commute outward, with cars being the dominant mode at 93%. On average, there are 1.4 vehicles per dwelling. According to the 2021 Census, 13.4% of residents work from home, which may reflect COVID-19 conditions.

Service frequency averages 21 trips per day across all routes, equating 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 according to AreaSearch's assessment conducted on April 18th, 2021. Mortality rates and chronic condition prevalence are substantial across both younger and older age groups. Private health cover is low at approximately 47% of the total population (around 801 people), compared to Greater Melbourne's 56.7% and the national average of 55.7%.

Mental health issues and arthritis are the most common conditions, affecting 12.8% and 10.2% of residents respectively, while 59.6% report no medical ailments, lower than Greater Melbourne's 72.6%. Working-age population health is notably challenging due to high chronic condition rates. Millgrove has a higher proportion of seniors aged 65 and over at 19.2% (326 people), compared to Greater Melbourne's 15.1%. Senior health outcomes present additional challenges, ranking even higher than the general population nationally.

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 Australian citizens, born in Australia (87.5%), and speaking English only at home (95.4%). Christianity was the dominant religion in Millgrove, comprising 33.0% of the population. The most notable overrepresentation was in the 'Other' category, with 1.1% compared to Greater Melbourne's 2.3%.

In terms of ancestry, English heritage was prominent at 33.3%, substantially higher than the regional average of 20.1%. Australian heritage also had a high representation at 30.5%, exceeding the regional average of 18.4%. Irish heritage comprised 8.5% of Millgrove's population. Other ethnic groups with notable differences included Hungarian (0.6% vs regional 0.3%), Dutch (2.0% vs 1.2%), and German (4.3% vs 2.2%).

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 and Australia's figure of 38. The 55-64 age cohort is notably over-represented in Millgrove at 15.2%, compared to the Greater Melbourne average, while the 25-34 year-olds are under-represented at 13.5%. Between 2021 and present, the 75-84 age group has grown from 4.0% to 6.0% of the population, while the 35-44 cohort increased from 13.4% to 14.5%. Conversely, the 25-34 cohort declined from 15.1% to 13.5%, and the 5-14 age group dropped from 12.7% to 11.3%. By 2041, demographic modeling suggests Millgrove's age profile will change significantly. The 75-84 age cohort is projected to grow by 33 people (32%), from 102 to 135. Notably, the combined 65+ age groups are expected to account for 83% of total population growth, reflecting Millgrove's aging demographic profile. Meanwhile, the 55-64 and 25-34 cohorts are projected to experience population declines.