Montmorency

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

According to ABS demographic data and recent address updates confirmed by AreaSearch since the Census, the suburb of Montmorency has a population estimated at 9,482 in May 2026. This represents an expansion of 232 people (2.5%) relative to the 2021 Census, which registered 9,250 residents. This shift is calculated from a resident base of 9,463, projected by AreaSearch using the ABS June 2025 ERP release alongside 88 validated new addresses registered after the Census. The resulting density stands at 2,475 persons per square kilometer, placing the locality in the top quartile of areas assessed nationally. The primary driver of growth was overseas migration, which accounted for approximately 60.0% of the total demographic expansion in recent times.

Projections from ABS and Geoscience Australia released in 2024 (using 2022 as the base year) are utilized for SA2 regions, with missing areas supplemented by the 2023 VIC State Government Regional/LGA projections, adjusted via weighted aggregation to SA2 levels. Growth rates by age cohort from these models are applied to the years 2032 to 2041. Based on these aggregated SA2 projections, the suburb of Montmorency is anticipated to experience substantial growth, placing it in the top quartile of analyzed locations, with an expected increase of 3,231 residents by 2041, representing a 33.9% rise over the 16 years.

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

Based on analysis of ABS building approvals, the suburb of Montmorency averages approximately 27 residential approvals per year, with 137 dwellings approved during the 5 financial years spanning FY-21 to FY-25, and 20 approvals recorded during FY-26 so far. With an average of 0.1 new residents per new home over the 5 financial years from FY-21 to FY-25, the supply of housing is keeping pace with or outstripping demand, providing buyers with options and room for population growth. The average construction value of new dwellings is $784,000, indicating a focus by developers on higher-end, premium builds. Furthermore, commercial approvals have reached $12.7 million this financial year, showing moderate commercial investment.

Construction activity in the suburb of Montmorency is notably low compared to Greater Melbourne, sitting 57.0% below the regional average per capita. This limited building activity typically supports demand and values for existing properties. The volume of new construction is also below the national average, pointing to the mature nature of the suburb and potential planning limits. Recent approvals consist of 59.0% detached houses and 41.0% semi-detached or attached dwellings, indicating an increasing supply of medium-density choices that cater to different price ranges, from standard family homes to compact options. This represents a clear shift from the current housing stock, which consists of 87.0% houses, reflecting limited vacant land and changing buyer preferences. The area registers a low density with approximately 320 people per approval.

According to the latest quarterly estimates from AreaSearch, the suburb of Montmorency is projected to grow by 3,212 residents by 2041. If building activity remains at its current level, housing supply may fail to match this population growth, potentially heightening competition among buyers and supporting property values.

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

Local infrastructure projects and planning changes significantly impact area dynamics. AreaSearch has highlighted 12 projects that are expected to influence the local area. Key developments include Hurstbridge Rail Line Upgrades (Watsonia-Eltham), Montmorency North Pavilion Refurbishment, Plenty River Trail Upgrades, and Level Crossing Removal - North Eastern Program Alliance (Hurstbridge corridor), with details provided for the most significant ones.

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

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AreaSearch analysis of employment trends sees Montmorency performing better than 85% of local markets assessed across Australia

Data aggregated by AreaSearch shows the suburb of Montmorency features a highly educated workforce with a strong concentration in professional services, an unemployment rate of 2.3%, and a 2.5% increase in employment over the past year. In March 2026, there were 5,391 employed residents. The unemployment rate sits 2.5% below the Greater Melbourne average of 4.8%, while participation is close to the metropolitan rate of 70.2%. Census records indicate that 39.5% of workers worked from home, though this figure was likely influenced by pandemic lockdowns.

The primary employment sectors for residents are construction, education & training, and health care & social assistance. The suburb of Montmorency shows a strong concentration in education & training, with an employment share 1.4 times the metropolitan average. Conversely, transport, postal & warehousing is underrepresented, employing only 3.1% of local workers compared to 5.2% across Greater Melbourne. Comparison of the Census working population against resident workers indicates that the local area offers limited employment opportunities within its boundaries.

An analysis of SALM and ABS statistics shows that for the 12 months ending March 2026, local employment grew by 2.5% and the labor force expanded by 3.0%, leading to a 0.5 percentage point rise in unemployment. By comparison, Greater Melbourne recorded a 2.1% increase in employment, a 2.3% expansion of the labor force, and a 0.2 percentage point rise in unemployment. National forecasts from Jobs and Skills Australia in May-25 project a 6.6% rise in employment over five years and 13.7% over ten years, though trends vary by sector. Applying these national industry trends to the local workforce mix suggests employment for residents could grow 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

ATO data for the financial year 2023 indicates a median taxpayer income of $60,382 and an average income of $80,016, which is high by national standards and exceeds Greater Melbourne's median of $57,688 and average of $75,164. Adjusting for Wage Price Index growth of 9.62% since financial year 2023, estimates for March 2026 stand at $66,191 for the median and $87,714 for the average. According to the 2021 Census, household, family, and personal incomes place the area in the 72nd national percentile. Looking at income brackets, 32.3% of residents (3,062 people) earn between $1,500 - 2,999 weekly, matching the regional rate of 32.8%. High earners are prominent, with 30.1% earning more than $3,000 per week. Housing costs account for 13.7% of income, disposable income ranks in the 74th percentile, and the SEIFA index ranks the area in the 8th decile.

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

At the time of the last Census, the housing mix in the suburb of Montmorency was composed of 87.2% detached houses and 12.8% alternative dwellings like apartments and townhouses, compared to metropolitan Melbourne's split of 67.9% houses and 32.1% other dwellings. The rate of home ownership was high at 40.1%, with mortgaged homes making up 42.2% and rental properties accounting for 17.7%. The median monthly mortgage payment was $2,167 and the median weekly rent was $420, both higher than the metropolitan averages of $2,000 and $390. Locally, mortgage payments are higher than the national average of $1,863, and rents exceed the Australian average of $375.

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

Families make up 75.3% of households in the suburb of Montmorency, consisting of couples with children at 35.2%, couples without children at 27.3%, and single-parent households at 11.5%. Non-family households account for 24.7%, with single person homes at 23.3% and group households at 1.5%. The average household size of 2.5 residents is slightly below 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 academic profile of the suburb of Montmorency is strong, with university graduation rates at 38.9% of residents aged 15 and over, exceeding both the national rate of 30.4% and the SA4 regional average of 32.8%. Bachelor degrees are held by 24.4% of residents, followed by postgraduate qualifications at 8.9% and graduate diplomas at 5.6%. Vocational and technical skills are also common, with 30.5% of residents aged 15 and over holding credentials, consisting of advanced diplomas at 12.4% and certificates at 18.1%.

School and study enrollment is high, with 28.2% of the population currently undertaking formal education. This group is composed of 10.5% in primary school, 7.2% in secondary school, and 4.6% enrolled in tertiary institutions.

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

Public transport options include 29 stops within the suburb of Montmorency, served by 9 bus routes that handle 3,000 passenger trips weekly. Transport access is convenient, with residents living an average of 251 meters from their nearest stop. The suburb is primarily residential, and most workers commute to other areas, with private vehicles being the main mode of transport at 88%, followed by trains at 7%. The average vehicle ownership rate is 1.4 cars per household. A high proportion of residents worked from home at 39.5% during the 2021 Census, which was likely affected by pandemic restrictions.

Local transport routes average 428 trips daily, which translates to approximately 103 weekly services per stop.

Montmorency's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Health indicators are positive across the suburb of Montmorency, with low rates of chronic illness and mortality, particularly among younger residents. The percentage of the population with private health insurance is high, representing approximately 58% of residents (5,537 people).

The most prevalent chronic health conditions are arthritis and asthma, affecting 8.4% and 8.3% of the population respectively. Meanwhile, 68.4% of residents reported having no long-term medical conditions, compared to 72.6% in Greater Melbourne. Residents under 65 experience better-than-average health outcomes. The proportion of residents aged 65 and over is 21.4% (2,029 people), which is higher than the Greater Melbourne average of 15.0%. Health outcomes among this older cohort are above average, though they rank lower nationally than the younger local demographic.

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

Cultural diversity is below the metropolitan average in the suburb of Montmorency, where 83.1% of residents were born in Australia, 92.5% hold citizenship, and 90.1% speak only English at home. Christianity is the main religious affiliation, representing 42.8% of the population. The most distinct religious overrepresentation is Judaism, which accounts for 0.1% of residents, compared to 1.0% across Greater Melbourne.

Regarding parental country of birth, the main ancestries represented are English at 27.8% (compared to 20.1% regionally), Australian at 25.6% (compared to 18.4% regionally), and Irish at 10.6%. Other notable ancestries include French at 0.7% of the population (compared to 0.5% regionally), Italian at 5.7% (compared to 5.2% regionally), and Macedonian at 0.5% (compared to 0.7% regionally).

Montmorency's median age exceeds the national pattern

The median age in the suburb of Montmorency is 41 years, which is older than the Greater Melbourne average of 37 and the national median of 38. The 65 - 74 age group is overrepresented at 11.6% of the population, while 25 - 34 year-olds are underrepresented at 8.3%. Since the 2021 Census, the 15 to 24 age bracket has risen from 9.3% to 11.4%, and the 75 to 84 bracket increased from 6.2% to 7.5%. In contrast, the 25 to 34 age group dropped from 10.0% to 8.3%. Projections for 2041 suggest significant demographic shifts, with the 45 to 54 cohort expected to grow by 42% (adding 554 people to reach 1,863) and the 0 to 4 group projected to grow by 7% (adding 34 children).