Mount Eliza

An assessment of population growth drivers in Mount Eliza reveals an overall ranking slightly below national averages considering recent, and medium term trends

Mount Eliza's population, as of November 2025, is estimated at around 19,036 people. This figure reflects an increase of 302 individuals since the 2021 Census, which reported a population of 18,734. The change is inferred from AreaSearch's estimation of the resident population at 19,009 following examination of the latest ERP data release by the ABS in June 2024, along with an additional 59 validated new addresses since the Census date. This level of population results in a density ratio of 820 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Mount Eliza's 1.6% growth since census positions it within 0.7 percentage points of the SA3 area (2.3%), demonstrating competitive growth fundamentals. Population growth for the suburb 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 by this data, AreaSearch utilises the 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 from these aggregations are applied across all areas for years 2032 to 2041. Anticipating future population dynamics, the suburb is expected to increase by just below the median of Australian statistical areas, with an estimated increase of 1,849 persons to 2041 based on aggregated SA2-level projections, reflecting a total increase of 9.6% over the 17 years.

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

Mount Eliza averaged approximately 51 new dwelling approvals annually over the past five financial years ending FY26, totalling an estimated 256 homes. As of FY26, 24 approvals have been recorded. The population decline during this period has maintained adequate housing supply relative to demand, resulting in a balanced market with good buyer choice. New properties are constructed at an average expected construction cost value of $1,219,000, indicating developers target the premium market segment.

This financial year has seen $45.4 million in commercial approvals, reflecting high local commercial activity. Compared to Greater Melbourne, Mount Eliza has roughly half the rate of new dwelling approvals per person and ranks among the 39th percentile nationally, leading to relatively constrained buyer choice and supporting interest in existing dwellings. This lower rate may reflect market maturity and possible development constraints. New development comprises 88.0% detached dwellings and 12.0% townhouses or apartments, preserving Mount Eliza's low density nature with an emphasis on detached housing attracting space-seeking buyers.

The estimated population per dwelling approval is 441 people. Future projections estimate Mount Eliza will add 1,822 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified six projects likely affecting this region. Notable initiatives include Mount Eliza's Canadian Bay Carpark project, Mount Eliza Landfill Capping Rehabilitation Works, Emil Madsen Reserve - East Pavilion in Mount Eliza, and Moondah Mansion Retirement Village. The following list highlights 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 conditions in Mount Eliza rank among the top 10% of areas assessed nationally

Mount Eliza has a highly educated workforce with professional services being well-represented. The unemployment rate in the area was 1.2% as of June 2025.

This is significantly lower than Greater Melbourne's rate of 4.6%. Employment growth over the past year was estimated at 4.1%, based on AreaSearch aggregation of statistical area data. As of June 2025, 9,683 residents were in work and workforce participation was broadly similar to Greater Melbourne's 64.1%. The leading employment industries among residents comprised health care & social assistance, construction, and education & training.

Notably, the concentration in education & training was at 1.2 times the regional average. Conversely, transport, postal & warehousing had limited presence with only 2.2% employment compared to the regional average of 5.2%. The predominantly residential area appeared to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over a 12-month period ending June 2025, employment increased by 4.1%, while labour force grew by 4.5%, causing the unemployment rate to rise by 0.4 percentage points. This contrasts with Greater Melbourne where employment rose by 3.5% and unemployment rose by 0.5 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest that Mount Eliza's employment should increase by 6.8% over five years and 13.9% over ten years, based on a simple weighting extrapolation of industry-specific projections against the local employment profile.

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

In Mount Eliza, the median income among taxpayers was $61,130, with an average of $105,186 in financial year 2022. This is notably higher than national figures and compares to Greater Melbourne's median of $54,892 and average of $73,761. By September 2025, estimates suggest the median income could be approximately $68,563 and the average around $117,977, based on a 12.16% growth in wages since financial year 2022. Census data from 2021 shows household incomes rank at the 91st percentile with weekly earnings of $2,547. Income distribution reveals that 29.2% of Mount Eliza's population falls within the $40,000+ income range, differing from broader area trends where the $1,500 - $2,999 category is predominant at 32.8%. Economic strength is evident with 42.6% of households earning over $3,000 weekly, supporting higher consumer spending. After accounting for housing costs, residents retain 87.6% of their income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 9th decile.

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

Mount Eliza's dwelling structures, as per the latest Census, consisted of 91.8% houses and 8.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 85.5% houses and 14.5% other dwellings. Home ownership in Mount Eliza stood at 46.2%, similar to Melbourne metro, with the rest being mortgaged (45.2%) or rented (8.6%). The median monthly mortgage repayment was $2,600, higher than Melbourne metro's average of $1,989. Median weekly rent in Mount Eliza was $512, compared to Melbourne metro's $380. Nationally, Mount Eliza's mortgage repayments were significantly higher at $2,600 versus Australia's average of $1,863, while rents were substantially above the national figure of $375.

Mount Eliza features high concentrations of family households, with a higher-than-average median household size

Family households account for 82.2% of all households, including 44.0% couples with children, 30.2% couples without children, and 7.7% single parent families. Non-family households constitute the remaining 17.8%, with lone person households making up 16.9% and group households comprising 1.0%. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.4.

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

In Mount Eliza, a significant proportion of residents aged 15 and above have attained university qualifications, with 37.9% surpassing the SA4 region's 23.5% and the SA3 area's 25.0%. The most common qualification is the bachelor degree at 25.3%, followed by postgraduate qualifications (8.0%) and graduate diplomas (4.6%). Vocational credentials are also prominent, with 30.5% of residents holding such qualifications, including advanced diplomas (13.6%) and certificates (16.9%). Educational participation is high, with 31.6% of residents currently enrolled in formal education, including 11.6% in primary, 10.5% in secondary, and 4.7% in tertiary education.

Mount Eliza operates a robust network of 7 schools educating approximately 4,974 students, with an ICSEA score of 1109 indicating significant socio-educational advantages and academic achievement. The educational mix includes 4 primary, 1 secondary, and 2 K-12 schools. Mount Eliza functions as an education hub with a high ratio of school places to residents, at 26.1 per 100, significantly above the regional average of 14.3, attracting students from surrounding communities.

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

Mount Eliza has 31 active public transport stops in operation. These are served by a mix of buses operating along five different routes. Together, these routes facilitate 1,264 weekly passenger trips.

The accessibility of transport is rated as limited, with residents on average being located 669 meters away from the nearest stop. Service frequency across all routes averages 180 trips per day, which equates to approximately 40 weekly trips per individual stop.

The level of general health in Mount Eliza is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Mount Eliza exhibits above-average health outcomes, with both younger and older age groups showing low prevalence of common health conditions. Approximately 68% of its total population (12,984 people) have private health cover, compared to Greater Melbourne's 57.9%. Nationally, the average is 55.3%.

The most prevalent medical conditions are arthritis and asthma, affecting 7.8% and 7.0% of residents respectively. Notably, 71.5% of residents report no medical ailments, compared to Greater Melbourne's 63.9%. Mount Eliza has a lower proportion of seniors aged 65 and over (23.8%, or 4,530 people), compared to Greater Melbourne's 29.9%. Despite this, health outcomes among seniors in Mount Eliza are particularly strong, performing better than the general population in health metrics.

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

Mount Eliza, surveyed in 2016, had a cultural diversity index below average. Its population was predominantly Australian-born (77.0%), with high citizenship rates (90.9%) and English speakers (93.5%). Christianity was the dominant religion (46.6%).

Notably, Judaism was slightly overrepresented at 0.3% compared to Greater Melbourne's 0.2%. In terms of ancestry, English (33.8%), Australian (25.3%), and Irish (9.3%) were the top groups. Some ethnic groups showed notable variations: Scottish was slightly overrepresented at 9.1%, Welsh at 0.7%, and Dutch at 1.7%.

Mount Eliza hosts an older demographic, ranking in the top quartile nationwide

The median age in Mount Eliza is 45 years, significantly higher than Greater Melbourne's average of 37 years and Australia's average of 38 years. Compared to Greater Melbourne, Mount Eliza has a higher proportion of residents aged 75-84 (9.3%) but fewer residents aged 25-34 (3.6%). According to the 2021 Census, the percentage of residents aged 75-84 increased from 7.7% to 9.3%, while those aged 15-24 increased from 11.8% to 13.4%. Conversely, the proportion of residents aged 25-34 decreased from 4.9% to 3.6%. By 2041, demographic projections show significant shifts in Mount Eliza's age structure. The number of people aged 85 and above is projected to grow by 126%, reaching 1,289 from 571. Notably, the combined age groups of 65 and above will account for 71% of total population growth, reflecting the area's aging demographic profile. In contrast, both age groups of 25-34 and 0-4 are projected to see reduced numbers.