Mont Albert North

Mont Albert North has seen population growth performance typically on par with national averages when looking at short and medium term trends

The population of Mont Albert North, as estimated by AreaSearch using ABS updates and new addresses validated since Nov 2025, is around 6,120. This represents a growth of 511 people from the 2021 Census figure of 5,609, indicating a 9.1% increase. The estimated resident population (ERP) in June 2024 was 6,080, with an additional 93 validated new addresses since the Census date contributing to this growth. This results in a density ratio of 2,833 persons per square kilometer, placing Mont Albert North in the upper quartile nationally according to AreaSearch assessments. The suburb's population growth rate exceeded both the SA4 region (8.3%) and national averages since the 2021 Census. Overseas migration accounted for approximately 88.0% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, to forecast future populations. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future population trends project an above median growth for Mont Albert North, with an expected increase of 1,149 persons by 2041 based on aggregated SA2-level projections. This reflects a total increase of 17.4% over the 17-year period.

AreaSearch analysis of residential development drivers sees Mont Albert North recording a relatively average level of approval activity when compared to local markets analysed countrywide

Mont Albert North averaged approximately 42 new dwelling approvals annually over the past five financial years, totalling around 210 homes. As of FY-26, 13 approvals have been recorded. On average, between FY-21 and FY-25, 1.1 new residents were associated with each dwelling constructed. However, recent data shows this figure has increased to 5 people per dwelling over the past two financial years. The average expected construction cost value of new homes is $859,000.

In FY-26, Mont Albert North has registered approximately $26.9 million in commercial approvals. Compared to Greater Melbourne, Mont Albert North has 15.0% less new development per person but ranks among the 69th percentile nationally. Recent construction comprises 56.0% detached houses and 44.0% medium and high-density housing.

The location currently has approximately 192 people per dwelling approval. According to AreaSearch's latest quarterly estimate, Mont Albert North is projected to grow by 1,062 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers and potentially enabling growth that exceeds current forecasts.

Mont Albert North has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified six projects likely affecting this region. Notable ones are Box Hill Hospital Redevelopment, Golden Age Group Box Hill Office and Retail Tower, 132-144 Springvale Road Development, and North East Link - Doncaster Interchange Upgrades. The following list details those most relevant.

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

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Employment performance in Mont Albert North exceeds national averages across key labour market indicators

Mont Albert North has a highly educated workforce with strong representation in professional services. Its unemployment rate was 3.4% as of June 2025, below Greater Melbourne's rate of 4.6%.

Employment growth over the past year was estimated at 3.2%. As of June 2025, 3,269 residents were employed with an unemployment rate 1.3% lower than Greater Melbourne's. Workforce participation was similar to Greater Melbourne's 64.1%. Key sectors for employment include health care & social assistance, professional & technical services, and education & training.

Notably, professional & technical services had employment levels at 1.4 times the regional average, while construction showed lower representation at 6.3% compared to the regional average of 9.7%. The area's predominantly residential nature suggests limited local employment opportunities. Over the year to June 2025, employment increased by 3.2%, labour force by 3.1%, leaving unemployment broadly flat. In contrast, Greater Melbourne saw employment grow by 3.5% and unemployment rise by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Mont Albert North's employment mix suggests local employment should increase by 7.4% over five years and 14.9% over ten years, though this is a simple weighting extrapolation for illustrative purposes only.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

AreaSearch aggregated latest postcode level ATO data released for financial year ended June 2022. Mont Albert North had median taxpayer income of $56,220 and average income of $83,059. These figures were among the highest in Australia, compared to Greater Melbourne's median of $54,892 and average of $73,761. By September 2025, estimated incomes would be approximately $63,056 (median) and $93,159 (average), based on Wage Price Index growth of 12.16% since financial year ended June 2022. According to the 2021 Census, incomes in Mont Albert North were at the 72nd percentile nationally. Income analysis showed that 26.0% of individuals earned between $1,500 and $2,999 weekly (1,591 individuals), mirroring the regional figure of 32.8%. The district's affluence was evident with 37.1% earning over $3,000 per week. Housing costs consumed 15.4% of income, but strong earnings placed disposable income at the 77th percentile nationally. Mont Albert North's SEIFA income ranking was in the 9th decile.

Mont Albert North displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Mont Albert North's dwelling structure, as per the latest Census, consisted of 63.5% houses and 36.5% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 60.2% houses and 39.8% other dwellings. Home ownership in Mont Albert North stood at 43.7%, with mortgaged dwellings at 36.3% and rented ones at 20.0%. The median monthly mortgage repayment was $2,817, higher than Melbourne metro's average of $2,300. Median weekly rent in Mont Albert North was $500, compared to Melbourne metro's $412. Nationally, Mont Albert North's mortgage repayments were significantly higher than the Australian average of $1,863, and rents substantially above the national figure of $375.

Mont Albert North has a typical household mix, with a higher-than-average median household size

Family households account for 75.9% of all households, including 39.1% couples with children, 24.6% couples without children, and 10.8% single parent families. Non-family households make up the remaining 24.1%, consisting of 22.0% lone person households and 2.3% group households. The median household size is 2.7 people, larger than the Greater Melbourne average of 2.5.

Mont Albert North shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Mont Albert North has notably higher educational attainment than broader averages. Among residents aged 15 and above, 49.9% hold university qualifications, surpassing the national average of 30.4% and the Victorian average of 33.4%. This is led by bachelor degrees at 30.1%, followed by postgraduate qualifications at 14.2% and graduate diplomas at 5.6%. Vocational pathways account for 20.4% of qualifications, with advanced diplomas at 10.8% and certificates at 9.6%.

Educational participation is high, with 31.1% of residents currently enrolled in formal education. This includes 9.9% in primary, 9.2% in secondary, and 7.5% in tertiary education. The area offers educational provision through Koonung Secondary College and Box Hill Senior Secondary College, serving a total of 1,515 students. It demonstrates above-average socio-educational conditions with an ICSEA score of 1078. Secondary education dominates with two schools, while primary students typically attend schools in adjacent catchments. Mont Albert North functions as an education hub, offering 24.8 school places per 100 residents, significantly higher than the regional average of 14.4, and attracts students from surrounding communities.

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

Mont Albert North has 30 active public transport stops, all of which are bus stops. These stops are served by eight different routes that collectively facilitate 2,088 weekly passenger trips. The transport accessibility in the area is rated as good, with residents typically located 227 meters from their nearest transport stop.

On average, there are 298 trips per day across all routes, which translates to approximately 69 weekly trips per individual stop.

Mont Albert North's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics indicates robust performance across Mont Albert North, with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 60% of the total population (3,646 people), compared to 56.0% across Greater Melbourne.

Mental health issues and arthritis were found to be the most common medical conditions in the area, impacting 6.7 and 6.6% of residents respectively. A significant majority, 72.7%, declared themselves completely clear of medical ailments, which is slightly lower than the 73.9% across Greater Melbourne. The area has a higher proportion of residents aged 65 and over at 20.5% (1,254 people), compared to 17.7% in Greater Melbourne. Health outcomes among seniors are particularly strong and broadly align with the general population's health profile.

Mont Albert North is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Mont Albert North has high cultural diversity, with 35.1% of its population born overseas and 33.7% speaking a language other than English at home. Christianity is the main religion in Mont Albert North, comprising 43.2% of people. Buddhism is overrepresented compared to Greater Melbourne, making up 4.8% versus 6.0%.

The top three ancestry groups are English (20.6%), Chinese (18.4%), and Australian (17.7%). Hungarian is notably overrepresented at 0.5%, Greek at 3.1%, and Sri Lankan at 0.6%.

Mont Albert North hosts an older demographic, ranking in the top quartile nationwide

The median age in Mont Albert North is 43 years, considerably higher than Greater Melbourne's average of 37 and substantially exceeding the national average of 38 years. The age profile shows that those aged 65-74 are particularly prominent at 10.8%, while the 25-34 age group is comparatively smaller at 8.1% compared to Greater Melbourne. Between 2021 and present, the 15-24 age group has grown from 13.1% to 14.7% of the population. Conversely, the 5-14 cohort has declined from 13.6% to 12.4%. By 2041, demographic projections reveal significant shifts in Mont Albert North's age structure. The 75-84 age cohort is projected to rise substantially, increasing by 248 people (59%) from 422 to 671. Notably, the combined 65+ age groups will account for 56% of total population growth, reflecting the area's aging demographic profile. Meanwhile, the 5-14 cohort is projected to decline by 16 people.