Millswood

Millswood is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

As of November 2025, the estimated population for the Millswood statistical area (Lv2) is around 2,208. This figure represents an increase of 35 people from the 2021 Census count of 2,173, marking a 1.6% growth. AreaSearch's estimation of the resident population as 2,195 in June 2024, along with one validated new address since the Census date, supports this increase. This results in a population density ratio of 2,164 persons per square kilometer, which is higher than the average across national locations assessed by AreaSearch. The primary driver for population growth in the Millswood (SA2) was overseas migration, contributing approximately 99.0% of overall population gains during recent periods.

AreaSearch employs 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 post-2032, the SA State Government's Regional/LGA projections by age category are adopted, based on 2021 data and released in 2023, with adjustments made using a method of weighted aggregation of population growth from LGA to SA2 levels. Future population trends suggest an increase just below the median of Australian statistical areas. By 2041, the Millswood (SA2) is projected to expand by 204 persons, reflecting a gain of 12.1% in total over the 17-year period.

Residential development activity is lower than average in Millswood according to AreaSearch's national comparison of local real estate markets

Millswood has seen only one residential development approval in the past five years. This indicates a mature, established suburb where available land for new construction is limited. For buyers, this scarcity of new housing stock typically supports property values and means competition may primarily be among existing homes.

When measured against Greater Adelaide, Millswood records markedly lower building activity. This limited new supply generally supports stronger demand and values for established dwellings. However, development activity has picked up in recent periods. Nationally, this is below average, reflecting the area's maturity and possible planning constraints.

Millswood has emerging levels of nearby infrastructure activity, ranking in the 31stth percentile nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified one major project expected to impact this region. Notable projects include Goodwood Oval Sporting Precinct Revitalisation, Tram Grade Separation Projects, Carmelite Retirement Living, and North South Corridor. The following list specifies those likely to have the 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.

Employment performance in Millswood ranks among the strongest 15% of areas evaluated nationally

Millswood has an educated workforce with strong representation in professional services. Its unemployment rate was 2.2% as of September 2025.

Employment growth over the past year was estimated at 3%. The area's unemployment rate is 1.7% lower than Greater Adelaide's, which stands at 3.9%. Workforce participation is similar to Greater Adelaide's, at 64.8%. Key industries for employment are health care & social assistance, professional & technical services, and education & training.

Millswood specializes in professional & technical jobs, with an employment share twice the regional level. Conversely, construction employs only 4.5% of local workers, lower than Greater Adelaide's 8.7%. Employment opportunities locally may be limited, as indicated by Census data comparing working population to resident population. Over the year to September 2025, employment increased by 3%, while labour force and unemployment remained essentially unchanged. In comparison, Greater Adelaide saw employment growth of 3% and a slight fall in unemployment. State-level data from 25-Nov shows SA employment grew by 1.19% year-on-year, with an unemployment rate of 4.0%. National employment forecasts project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Millswood's employment mix suggests local employment could increase by 7.3% over five years and 14.8% over ten years, though this is a simplified extrapolation for illustrative purposes only.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year ending 30 June 2023 shows that Millswood suburb has incomes among the top percentile nationally. The median income is $70,748 and the average is $103,303. This contrasts with Greater Adelaide's figures of a median income of $54,808 and an average of $66,852. Based on Wage Price Index growth of 8.8% from July 2023 to September 2025, current estimates would be approximately $76,974 (median) and $112,394 (average). From the 2021 Census, incomes in Millswood rank highly nationally, between the 89th and 95th percentiles. The income analysis shows that 33.2% of residents (733 people) fall within the $4000+ bracket, unlike broader area trends where 31.8% fall within the $1,500 - 2,999 range. Economic strength is evident with 46.7% of households having high weekly earnings exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 91.5% of income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 10th decile.

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

The dwelling structure in Millswood, as per the latest Census, consisted of 89.6% houses and 10.4% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Adelaide metro had 59.2% houses and 40.9% other dwellings. Home ownership in Millswood was at 50.8%, with mortgaged dwellings at 35.3% and rented dwellings at 14.0%. The median monthly mortgage repayment in Millswood was $2,253, higher than Adelaide metro's average of $2,167. The median weekly rent in Millswood was $420, compared to Adelaide metro's $350. Nationally, Millswood's mortgage repayments were significantly higher at $2,253 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.

Millswood features high concentrations of family households, with a higher-than-average median household size

Family households account for 77.6% of all households, including 38.6% couples with children, 30.5% couples without children, and 8.0% single parent families. Non-family households constitute the remaining 22.4%, with lone person households at 21.3% and group households comprising 1.4%. The median household size is 2.7 people, larger than the Greater Adelaide average of 2.3.

Educational achievement in Millswood places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Millswood's educational attainment is notably higher than broader averages. Among residents aged 15 and above, 48.7% possess university qualifications, surpassing South Australia's state average of 25.7% and the Greater Adelaide area's 28.9%. This high level of educational attainment indicates strong preparation for knowledge-based opportunities. Bachelor degrees are most prevalent at 30.6%, followed by postgraduate qualifications (12.2%) and graduate diplomas (5.9%).

Vocational pathways make up 20.3% of qualifications, with advanced diplomas accounting for 9.5% and certificates for 10.8%. Educational participation is high in Millswood, with 31.4% of residents currently enrolled in formal education. This includes 10.2% in primary education, 9.3% in secondary education, and 8.2% pursuing tertiary education.

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

Public transport analysis shows seven active transport stops operating within Millswood. These comprise a mix of train and bus services. Twelve individual routes service these stops, collectively providing 1420 weekly passenger trips.

Transport accessibility is rated good, with residents typically located 262 meters from the nearest stop. Service frequency averages 202 trips per day across all routes, equating to approximately 202 weekly trips per stop.

The level of general health in Millswood is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Millswood shows superior health outcomes for both young and elderly populations, with low prevalence rates of common health conditions. Approximately 68% of its total population of 1,495 have private health cover, significantly higher than the national average of 55.7%.

The most prevalent medical conditions are arthritis (affecting 7.6% of residents) and asthma (7.1%). A majority, 71.2%, claim to be free from any medical ailments, slightly higher than Greater Adelaide's 69.9%. Millswood has a senior population of 487 people, comprising 22.1% of its total residents. Health outcomes among seniors are notably strong and outperform the general population in health metrics.

Millswood ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Millswood, surveyed in June 2016, had a low cultural diversity with 83.0% of its population born in Australia, 94.8% being citizens, and 89.7% speaking English only at home. Christianity was the dominant religion, comprising 49.3%, compared to 43.8% across Greater Adelaide surveyed in June 2016. The top three ancestry groups were English (29.2%), Australian (21.7%), and Irish (8.8%).

Notably, Polish (1.4%) was overrepresented compared to the regional average of 1.0%, Hungarian (0.6%) was also overrepresented with a regional average of 0.3%, and Greek (4.3%) was slightly higher than the regional average of 4.0%.

Millswood hosts a notably older demographic compared to the national average

Millswood's median age is 45 years, higher than Greater Adelaide's average of 39 and significantly exceeding the national average of 38 years. The 65-74 age group comprises 12.2%, compared to Greater Adelaide, while the 25-34 cohort stands at 8.2%. According to post-2021 Census data, the 75-84 age group has increased from 7.4% to 8.4%. Conversely, the 55-64 cohort has decreased from 14.8% to 13.8%. By 2041, demographic modeling projects significant changes in Millswood's age profile. The 75-84 cohort is expected to grow by 55%, adding 101 residents to reach 287. Residents aged 65 and above will drive 57% of population growth, indicating aging trends. The 65-74 cohort is projected to grow by a modest 2%, adding 4 people.