Montmorency

Population growth drivers in Montmorency are slightly above average based on AreaSearch's ranking of recent, and medium term trends

By Feb 2026, Montmorency's population is estimated around 9,738, an increase of 488 people (5.3%) since the 2021 Census which reported a population of 9,250. This change was inferred from AreaSearch's resident population estimate of 9,507 following examination of ABS's latest ERP data release in June 2024 and an additional 82 validated new addresses since the Census date. The suburb's population density is 2,542 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Montmorency's 5.3% growth since census is within 2.8 percentage points of its SA3 area (8.1%), indicating competitive growth fundamentals. Overseas migration contributed approximately 60.0% 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 uses VIC State Government's Regional/LGA projections released in 2023, adjusted employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, Montmorency's population is forecasted to increase by 3,197 persons based on aggregated SA2-level projections, reflecting a total increase of 30.5% over the 17-year period.

AreaSearch assessment of residential development drivers sees a low level of activity in Montmorency, placing the area among the bottom 25% of areas assessed nationally

Montmorency has received approximately 26 dwelling approvals annually over the past five financial years ending June 2021. This totals an estimated 133 homes. In the current financial year, FY-26, there have been 13 approvals recorded as of now. The population in Montmorency has declined recently, yet development activity has remained adequate relative to this decline.

Developers focus on the premium segment with upmarket properties, reflected by an average construction cost value of $784,000 per dwelling. In FY-26, commercial approvals amounting to $12.7 million have been registered, indicating balanced commercial development activity. Compared to Greater Melbourne, Montmorency shows substantially reduced construction levels, at 58.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established dwellings. The recent construction mix comprises 56.0% detached dwellings and 44.0% townhouses or apartments, showing a shift from the current housing mix of 87.0% houses. Montmorency has approximately 393 people per dwelling approval, reflecting an established area.

According to AreaSearch's latest quarterly estimate, Montmorency is forecasted to gain 2,966 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth in the future.

Montmorency has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Area infrastructure changes significantly impact performance. AreaSearch identified 12 projects likely affecting the area. Notable ones include Hurstbridge Rail Line Upgrades between Watsonia-Eltham, Montmorency North Pavilion Refurbishment, Plenty River Trail Upgrades, and Level Crossing Removal - North Eastern Program Alliance along the Hurstbridge corridor. The following list 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.

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

Montmorency has a well-educated workforce with professional services showing strong representation. The unemployment rate was 2.0% in the past year, based on AreaSearch aggregation of statistical area data. Employment growth was estimated at 1.5%.

As of December 2025, 5,377 residents were in work while the unemployment rate was 2.7% below Greater Melbourne's rate of 4.8%, and workforce participation was on par with Greater Melbourne's 71.3%. According to Census responses, 39.5% of residents worked from home, though Covid-19 lockdown impacts should be considered. The dominant employment sectors among residents include health care & social assistance, education & training, and construction. Notably, the area has a high concentration in education & training, with employment levels at 1.4 times the regional average.

Conversely, transport, postal & warehousing had limited presence with 3.1% employment compared to 5.2% regionally. The predominantly residential area appears to offer limited local employment opportunities, as indicated by the count of Census working population vs resident population. In the 12-month period ending December 2025, employment increased by 1.5% alongside labour force increasing by 1.6%, keeping the unemployment rate relatively stable. In contrast, Greater Melbourne experienced employment growth of 2.4% and labour force growth of 2.8%, with a 0.3 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Montmorency. These projections suggest that national employment should expand by 6.6% over five years and 13.7% over ten years, with growth rates differing significantly between industry sectors. Applying these industry-specific projections to Montmorency's employment mix suggests local employment should increase by 6.9% over five years and 14.1% over ten years.

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

AreaSearch's latest postcode level ATO data for financial year 2023 shows Montmorency's median income among taxpayers is $60,382 and the average is $80,016. Nationally, these figures are extremely high compared to Greater Melbourne's median of $57,688 and average of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Montmorency would be approximately $65,364 (median) and $86,617 (average) as of September 2025. The 2021 Census indicates household, family and personal incomes in Montmorency cluster around the 72nd percentile nationally. The earnings profile shows that 32.3% of residents (3,145 people) fall into the $1,500 - 2,999 income bracket, similar to the surrounding region where 32.8% occupy this bracket. Economic strength is evident with 30.1% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. Housing accounts for 13.7% of income, and residents rank within the 74th percentile for disposable income. The area's SEIFA income ranking places it in the 8th decile.

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

Montmorency's dwelling structure, as per the latest Census, comprised 87.2% houses and 12.8% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Montmorency stood at 40.1%, with mortgaged dwellings at 42.2% and rented ones at 17.7%. The median monthly mortgage repayment was $2,167, exceeding Melbourne metro's average of $2,000. The median weekly rent in Montmorency was $420, compared to Melbourne metro's $390. Nationally, Montmorency's mortgage repayments were higher at $2,167 versus the Australian average of $1,863, and rents were substantially above the national figure of $375.

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

Family households comprise 75.3% of all households, including 35.2% couples with children, 27.3% couples without children, and 11.5% single parent families. Non-family households account for the remaining 24.7%, with lone person households at 23.3% and group households comprising 1.5%. The median household size is 2.5 people, smaller than the Greater Melbourne average of 2.6.

Montmorency demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

The area's educational profile is notable regionally, with university qualification rates at 38.9% among residents aged 15+, surpassing the Australian average of 30.4% and the SA4 region's rate of 32.8%. Bachelor degrees are most prevalent at 24.4%, followed by postgraduate qualifications (8.9%) and graduate diplomas (5.6%). Vocational credentials are held by 30.5% of residents aged 15+, with advanced diplomas at 12.4% and certificates at 18.1%.

Educational participation is high, with 28.2% of residents currently enrolled in formal education. This includes 10.5% in primary education, 7.2% in secondary education, and 4.6% pursuing tertiary education.

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

Montmorency has 29 active public transport stops, all of which are bus stops. These stops are served by nine different routes that collectively facilitate 3,000 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically located 251 meters from the nearest stop. As a predominantly residential area, most commuting is outward-bound. Cars remain the primary mode of transport at 88%, while train usage stands at 7%. On average, there are 1.4 vehicles per dwelling.

According to the 2021 Census, 39.5% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency averages 428 trips per day across all routes, equating to approximately 103 weekly trips per individual stop.

Montmorency's residents are extremely healthy with prevalence of common health conditions low among the general population though slightly higher across older, at risk cohorts

Analysis of health metrics indicates strong performance across Montmorency.

Mortality rates and chronic condition prevalence were assessed by AreaSearch, with common health conditions having low prevalence among the general population but slightly higher among older, at-risk cohorts. Approximately 58% of the total population (5,686 people) had private health cover, which was exceptionally high. The most prevalent medical conditions were arthritis and asthma, affecting 8.4 and 8.3% of residents respectively. A total of 68.4% declared themselves completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Health outcomes for the under-65 population were better than average. The area had 21.8% of residents aged 65 and over (2,122 people), higher than the 15.1% in Greater Melbourne. While health outcomes among seniors were above average, they ranked lower nationally compared to the broader population.

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

Montmorency, as per the census conducted on Tuesday, August 10, 2016, exhibited lower cultural diversity compared to regional averages. The population was predominantly born in Australia, with 83.1%. Citizenship was held by 92.5% of residents.

English was spoken at home by 90.1%. Christianity was the dominant religion, practiced by 42.8% of Montmorency's population. Notably, Judaism, while a minority, had a higher representation in Montmorency than Greater Melbourne, with 0.1% compared to 1.0%. The top three ancestry groups were English (27.8%, substantially higher than the regional average of 20.1%), Australian (25.6%, higher than the regional average of 18.4%), and Irish (10.6%). Other ethnic groups with notable representation included French at 0.7% (higher than the regional average of 0.5%), Italian at 5.7% (slightly higher than the regional average of 5.2%), and Macedonian at 0.5%.

Montmorency's median age exceeds the national pattern

Montmorency's median age is 41 years, significantly higher than Greater Melbourne's average of 37 and slightly older than Australia's median of 38. Compared to Greater Melbourne, Montmorency has a notably higher proportion of the 65-74 age group (12.0% locally) but fewer residents aged 25-34 (7.9%). According to the 2021 Census, the 15-24 age group grew from 9.3% to 11.2%, while the 75-84 cohort increased from 6.2% to 7.6%. Conversely, the 25-34 age group declined from 10.0% to 7.9%. Demographic modeling indicates that Montmorency's age profile will change significantly by 2041. The 55-64 cohort is projected to grow by 46%, adding 529 residents to reach 1,669. The 0-4 group is expected to grow by 4%, with an increase of only 21 residents.