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

Based on ABS population updates and AreaSearch validation, as of Nov 2025, Mont Albert North's estimated population is around 6,277. This reflects an increase of 668 people since the 2021 Census, which reported a population of 5,609. The change was inferred from resident population estimates by AreaSearch following examination of ABS ERP data release in June 2024 and additional validated new addresses since the Census date. This level of population results in a density ratio of 2,906 persons per square kilometer, placing Mont Albert North in the upper quartile relative to national locations assessed by AreaSearch. The area's 11.9% growth since the 2021 census exceeded the national average (9.7%). Population growth was primarily driven by overseas migration contributing approximately 88.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted employing weighted aggregation methods from LGA 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, with Mont Albert North expected to increase by 1,148 persons to 2041 based on aggregated SA2-level projections, reflecting a total increase of 14.4% over the 17 years.

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

AreaSearch analysis of ABS building approval numbers shows Mont Albert North averaged approximately 44 new dwelling approvals annually over the past five financial years, totalling an estimated 222 homes. As of FY-26, 29 approvals have been recorded. Over these five years (FY-21 to FY-25), an average of one new resident per year was associated with each dwelling constructed. Commercial approvals this financial year totalled $13.8 million, indicating moderate commercial development levels.

Compared to Greater Melbourne, Mont Albert North has 11.0% less new development per person but ranks in the 66th percentile nationally. Recent construction comprises 55.0% detached houses and 45.0% medium and high-density housing, offering varied price ranges from spacious family homes to compact options. The area currently has approximately 206 people per dwelling approval, indicating an expanding market.

AreaSearch's latest quarterly estimate projects Mont Albert North to grow by 904 residents by 2041, with current construction levels expected to meet demand adequately and create favourable conditions for buyers while potentially enabling growth beyond current forecasts.

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

Six projects identified by AreaSearch are expected to impact the area significantly: Box Hill Hospital Redevelopment, Golden Age Group Box Hill Office and Retail Tower, 132-144 Springvale Road Development, North East Link - Doncaster Interchange Upgrades. These are key projects likely to have the most relevance.

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. The unemployment rate was 3.2% as of September 2025, lower than Greater Melbourne's rate of 4.7%.

Employment growth over the past year was estimated at 3.2%. Residents' employment is concentrated in health care & social assistance, professional & technical, and education & training, with notable concentration in professional & technical services at 1.4 times the regional average. Conversely, construction shows lower representation at 6.3% compared to the regional average of 9.7%. The area offers limited local employment opportunities as indicated by the count of Census working population vs resident population.

Between September 2024 and September 2025, employment increased by 3.2%, while labour force increased by 2.9%, causing a fall in unemployment rate by 0.2 percentage points. In Greater Melbourne, employment grew by 3.0% over the same period, with unemployment rising by 0.3 percentage points. State-level data to 25-Nov shows VIC employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%. National employment forecasts from May-25 suggest national employment will expand by 6.6% over five years and 14.9% 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, assuming constant population growth for illustrative purposes.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

According to AreaSearch's aggregation of the latest postcode level ATO data released on June 30, 2023, the suburb of Mont Albert North had a median income among taxpayers of $56,220 with the average level standing at $83,059. These figures are among the highest in Australia and compare to levels of $57,688 and $75,164 across Greater Melbourne respectively. Based on Wage Price Index growth of 8.25% since June 30, 2023, current estimates would be approximately $60,858 (median) and $89,911 (average) as of September 2025. From the Census conducted in August 2021, household, family and personal incomes in Mont Albert North cluster around the 72nd percentile nationally. Income analysis reveals that 26.0% of the community earn between $1,500 and $2,999 per week (1,632 individuals), mirroring the region where 32.8% occupy this bracket. The district demonstrates considerable affluence with 37.1% earning over $3,000 per week, supporting premium retail and service offerings. High housing costs consume 15.4% of income, though strong earnings still place disposable income at the 77th percentile nationally. The area's SEIFA income ranking places it 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 structures, as per the latest Census, comprised 63.5% houses and 36.5% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 60.2% houses and 39.8% other dwellings. Home ownership in Mont Albert North was 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 were 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 constitute the remaining 24.1%, with lone person households at 22.0% and group households comprising 2.3%. 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's educational attainment is notably higher than national averages. Among residents aged 15+, 49.9% possess university qualifications, compared to Australia's 30.4% and Victoria's 33.4%. Bachelor degrees are the most common at 30.1%, followed by postgraduate qualifications (14.2%) and graduate diplomas (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% currently enrolled in formal education. This includes 9.9% in primary education, 9.2% in secondary education, and 7.5% pursuing tertiary education.

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

Analysis shows 30 active public transport stops in Mont Albert North, served by a mix of bus routes. These stops are covered by 8 individual routes, offering 1,068 weekly passenger trips combined. Transport accessibility is rated good, with residents located an average of 227 meters from the nearest stop.

Service frequency averages 152 trips per day across all routes, translating to approximately 35 weekly trips per 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 shows strong performance throughout Mont Albert North. The prevalence of common health conditions across all age groups is very low.

Approximately 60% of the total population (3,739 people) has private health cover, compared to 55.8% across Greater Melbourne. Mental health issues and arthritis are the most common medical conditions in the area, impacting 6.7 and 6.6% of residents respectively. 72.7% of residents declare themselves completely clear of medical ailments, compared to 73.9% across Greater Melbourne. The area has 20.5% of residents aged 65 and over (1,286 people), which is higher than the 17.7% in Greater Melbourne. Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.

Mont Albert North was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

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

The top three ancestry groups are English (20.6%), Chinese (18.4%), and Australian (17.7%). Some ethnic groups show notable differences: Hungarian is overrepresented at 0.5% compared to the regional average of 0.3%, Greek is similarly represented at 3.1% versus 3.0%, and Sri Lankan is slightly underrepresented at 0.6% compared to 0.8%.

Mont Albert North hosts a notably older demographic compared to the national average

The median age in Mont Albert North is 43 years, which is higher than Greater Melbourne's average of 37 years and exceeds the national average of 38 years. The age profile shows that those aged 65-74 are particularly prominent at 10.8%, while those aged 25-34 make up only 8.1% of the population, compared to Greater Melbourne's figure. Between 2021 and present day, the percentage of the population aged 15-24 has increased from 13.1% to 14.7%, while the percentage of those aged 5-14 has decreased from 13.6% to 12.4%. By 2041, demographic projections indicate significant shifts in Mont Albert North's age structure. The number of people aged 75-84 is projected to rise substantially by 236 individuals (55%), from 433 to 670. Notably, the combined population of those aged 65 and above will account for 60% of total population growth, reflecting the area's aging demographic profile. Conversely, the populations aged 35-44 and 0-4 are expected to decline.