Monash (ACT)

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 of ABS population updates and new addresses validated since the 2021 Census, the Monash (ACT) statistical area (Lv2)'s estimated population was around 5,580 as of Nov 2025. This reflects a decrease of 64 people (1.1%) compared to the 2021 Census figure of 5,644 people. The change is inferred from AreaSearch's resident population estimate of 5,580 following examination of the latest ERP data release by the ABS in Jun 2024 and an additional 19 validated new addresses since the Census date. This level of population results in a density ratio of 1,636 persons per square kilometer, which is higher than the average seen across national locations assessed by AreaSearch. While the Monash (ACT) experienced a 1.1% decline since the census, the SA3 area achieved 0.1% growth, indicating divergent population trends within the region. Population growth for the area was primarily driven by overseas migration during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, age group growth rates from the ACT Government's SA2 area projections are used, also based on 2022 as the base year. According to these projections, over this period, the Monash (ACT) (SA2)'s population is expected to decline by 344 persons by 2041. However, growth within specific age cohorts is anticipated, notably the 75 to 84 age group which is projected to increase by 193 people.

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

AreaSearch analysis of ABS building approval numbers shows Monash recorded approximately four residential properties granted approval per year over the past five financial years, totalling an estimated 24 homes. In FY-26 so far, two approvals have been recorded. On average, 2.0 new residents were associated with each dwelling constructed between FY-21 and FY-25, indicating balanced supply and demand conditions. This has eased to 0.9 people per dwelling over the past two financial years, suggesting improved supply availability.

Monash has also seen $1.1 million in commercial development approvals this financial year, reflecting its residential nature. Compared to the Australian Capital Territory, Monash records significantly lower building activity, at 63.0% below the regional average per person. This scarcity of new dwellings typically strengthens demand and prices for existing properties, although recent years have seen accelerating building activity. Recent construction comprises 20.0% detached houses and 80.0% townhouses or apartments, indicating a shift towards higher-density living to provide more affordable entry points for downsizers, investors, and first-home buyers. This represents a notable change from the area's existing housing composition of 86.0% houses, suggesting decreasing availability of developable sites and reflecting changing lifestyles and demand for diverse housing options. Monash has approximately 620 people per dwelling approval, indicating an established market with stable or declining population projections, which should reduce housing demand pressures and benefit potential buyers.

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

Monash has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified six projects likely affecting this region. Notable ones are Canberra Light Rail Stage 4 from Woden to Tuggeranong, Dairy Farmers Hill Precinct at 1 Dairy Road, Erindale Group Centre Master Plan Implementation Stage 1, and The Valley Ponds in Wanniassa. Below details those most relevant.

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.

The employment landscape in Monash shows performance that lags behind national averages across key labour market indicators

Monash has a well-educated workforce with significant representation in essential services sectors. The unemployment rate is 4.1%, with an estimated employment growth of 0.5% over the past year, according to AreaSearch's aggregation of statistical area data.

As of September 2025, there are 2,753 residents employed, while the unemployment rate is 0.6% higher than the Australian Capital Territory's rate of 3.6%. Workforce participation in Monash lags behind at 59.9%, compared to the Australian Capital Territory's 69.6%. The leading employment industries among residents are public administration & safety, health care & social assistance, and construction. Construction is particularly strong, with an employment share of 1.4 times the regional level.

However, professional & technical services are under-represented, at only 8.5% compared to the Australian Capital Territory's 11.1%. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over the 12 months to September 2025, employment increased by 0.5%, while labour force increased by 0.9%, causing the unemployment rate to rise by 0.4 percentage points. In contrast, Australian Capital Territory saw employment grow by 1.4% and unemployment fall by 0.2 percentage points. State-level data from 25-Nov shows ACT employment grew by 1.19% year-on-year, adding 710 jobs, with the state unemployment rate at 4.5%, compared to the national rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 offer further insight into potential future demand within Monash. These projections suggest national employment will expand by 6.6% over five years and 13.1% over ten years, with local employment growth rates differing 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.

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

The suburb of Monash had a median taxpayer income of $61,972 and an average income of $72,366 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is higher than the national average, contrasting with the Australian Capital Territory's median income of $72,206 and average income of $85,981. Based on Wage Price Index growth of 9.26% since financial year 2023, estimated incomes for September 2025 would be approximately $67,711 (median) and $79,067 (average). According to Census 2021 income data, household, family, and personal incomes in Monash rank highly nationally, between the 75th and 85th percentiles. Income distribution shows that 30.9% of locals (1,724 people) earn between $1,500 - 2,999 weekly, reflecting broader area patterns where 34.3% similarly occupy this range. The district demonstrates 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, indicating 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

In Monash, as per the latest Census evaluation, 86.4% of dwellings were houses, with the remaining 13.7% comprising semi-detached homes, apartments, and other types. This compares to the Australian Capital Territory's 79.6% houses and 20.4% other dwellings. Home ownership in Monash stood at 38.8%, with mortgaged properties at 40.6% and rented dwellings at 20.5%. The median monthly mortgage repayment was $2,058, higher than the Australian Capital Territory average of $2,000. The median weekly rent in Monash was $450, compared to the Australian Capital Territory's $425. Nationally, Monash's mortgage repayments were significantly higher at $1,863, and rents substantially above the national figure of $375.

Monash has a typical household mix, with a lower-than-average median household size

Family households constitute 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 make up the remaining 27.9%, with lone person households at 26.1% and group households comprising 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 prevalent, with 32.1% of residents aged 15+ holding them, including advanced diplomas (13.0%) and certificates (19.1%). Educational participation is high, with 26.4% of residents currently enrolled in formal education, comprising 8.9% in primary, 6.7% in secondary, and 4.4% in tertiary education.

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

Transport analysis shows 35 active transport stops operating within Monash. These stops offer a mix of bus services. They are served by 71 individual routes, collectively providing 5,325 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 177 meters from the nearest stop. Service frequency averages 760 trips per day across all routes, equating to approximately 152 weekly trips per 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 shows significant issues in Monash, with common health conditions prevalent across both younger and older age groups. Approximately 56% of Monash residents (~3,112 people) have private health cover, compared to 58.1% in Australian Capital Territory.

The most frequent medical conditions are arthritis (affecting 10.7%) and mental health issues (8.5%), while 61.5% report being free from medical ailments, compared to 66.1% in Australian Capital Territory. Monash has a higher proportion of residents aged 65 and over at 26.0% (1,450 people), compared to 17.6% in Australian Capital Territory. Health outcomes among seniors present challenges broadly aligning with the general population's health profile.

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's population was found to be more culturally diverse than most local markets, with 25.8% born overseas and 19.8% speaking a language other than English at home. Christianity was the predominant religion in Monash, comprising 50.9% of its population. However, Islam was notably overrepresented, making up 3.6% compared to the Australian Capital Territory's 2.4%.

The top three ancestry groups were Australian (25.8%), English (25.2%), and Other (9.6%). Certain ethnic groups showed notable divergences: Spanish was overrepresented at 0.8% in Monash versus 0.7% regionally, Hungarian at 0.4% versus 0.3%, and Serbian at 0.6% versus 0.4%.

Monash hosts a notably older demographic compared to the national average

Monash's median age is 43 years, which is significantly higher than the Australian Capital Territory average of 35 and considerably older than Australia's median age of 38. Compared to the ACT average, the 65-74 cohort is notably over-represented in Monash at 13.1%, while the 25-34 year-olds are under-represented at 9.3%. According to the 2021 Census, the 65-74 age group grew from 11.5% to 13.1% of Monash's population, and the 35-44 cohort increased from 12.6% to 13.9%. Conversely, the 55-64 cohort declined from 13.9% to 11.9%, and the 25-34 group dropped from 11.2% to 9.3%. Demographic modeling suggests that Monash's age profile will significantly evolve by 2041, with the 75-84 cohort projected to grow by 36%, adding 170 residents to reach 639. The demographic aging trend continues as residents aged 65 and older represent all of the anticipated growth. However, population declines are projected for both the 65-74 and the 0-4 age cohorts.