Mill Park - North

Mill Park - North is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Mill Park - North's population was around 17,717 as of November 2025, according to AreaSearch's analysis. This showed an increase of 247 people since the 2021 Census, which recorded a population of 17,470. The change was inferred from ABS's estimated resident population of 17,712 in June 2024 and 21 additional validated new addresses after the Census date. This resulted in a density ratio of 2,176 persons per square kilometer, exceeding national averages assessed by AreaSearch. Overseas migration contributed approximately 75.7% to recent population gains.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered, it utilises VIC State Government's Regional/LGA projections from 2023, adjusted through weighted aggregation to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. By 2041, the area is projected to increase by 4,414 persons, a 24.9% rise from its current population.

The level of residential development activity in Mill Park - North is very low in comparison to the average area assessed nationally by AreaSearch

Mill Park - North averaged approximately 12 new dwelling approvals per year over the past five financial years ending June 30, totalling 61 homes. As of July 1, 2026 (FY-26), 7 approvals have been recorded. The area has experienced population decline, suggesting that new supply has likely kept pace with demand, offering good choice to buyers. New properties are constructed at an average expected construction cost value of $423,000, somewhat higher than regional norms, reflecting quality-focused development.

In FY-26, $14.7 million in commercial development approvals have been recorded, indicating moderate levels of commercial development compared to Greater Melbourne and nationally. This scarcity of new homes typically strengthens demand and prices for existing properties. New building activity shows 80.0% detached dwellings and 20.0% townhouses or apartments, sustaining the area's suburban identity with a concentration of family homes suited to buyers seeking space. At around 1976 people per approval, Mill Park - North indicates a mature, established area. According to AreaSearch quarterly estimates, Mill Park - North is expected to grow by 4,403 residents through to 2041.

If current development rates continue, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Mill Park - North has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 16 projects that may impact the area. Notable projects include The Stables Kindergarten Redevelopment, The Gorge Townhomes, Peter Hopper Lake Revitalisation, and Central South Morang Shopping Centre. Relevant projects are detailed below.

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

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Employment performance in Mill Park - North has been broadly consistent with national averages

Mill Park - North has a skilled workforce with manufacturing and industrial sectors prominently represented. Its unemployment rate is 3.8%, with an estimated employment growth of 0.5% over the past year.

As of September 2025, there are 10,015 residents employed, with an unemployment rate of 0.9% below Greater Melbourne's rate of 4.7%. Workforce participation is on par with Greater Melbourne's 64.1%. The leading employment industries among residents are health care & social assistance, retail trade, and construction. Retail trade has a notably high concentration, with employment levels at 1.3 times the regional average.

Professional & technical services have limited presence, with only 6.4% of employment compared to the regional average of 10.1%. The area appears to offer limited local employment opportunities based on Census working population vs resident population data. Between September 2024 and September 2025, employment in Mill Park - North increased by 0.5%, while labour force increased by 0.1%, resulting in a decrease of unemployment by 0.4 percentage points. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%, with an increase in unemployment rate of 0.3 percentage points. Providing broader context, state-level data from November 25 shows that Victoria's employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%, compared to the national rate of 4.3%. Victoria's employment growth outpaced the national average of 0.14%. Jobs and Skills Australia's national employment forecasts from May-25 offer further insight into potential future demand within Mill Park - North. National employment is forecast to 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 Mill Park - North's employment mix suggests local employment should increase by 6.3% over five years and 13.2% over ten years.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

The Mill Park - North SA2's median income among taxpayers was $52,023 and average income was $61,182 in the financial year 2022. These figures are lower than Greater Melbourne's median of $54,892 and average of $73,761. By September 2025, estimated median income would be approximately $58,349 and average income $68,622 based on a Wage Price Index growth of 12.16%. According to the 2021 Census, household income ranks at the 53rd percentile ($1,798 weekly) and personal income at the 34th percentile. The predominant income cohort spans 34.4% (6,094 people) with incomes between $1,500 - 2,999 per week. This is similar to surrounding regions where 32.8% fall into this range. After housing costs, residents retain 86.9% of their income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 5th decile.

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

Mill Park - North's dwelling structure, as per the latest Census, consisted of 86.2% houses and 13.8% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Mill Park - North stood at 39.7%, with the rest either mortgaged (37.7%) or rented (22.6%). The median monthly mortgage repayment was $1,764, lower than Melbourne metro's $1,900. Median weekly rent was $365, compared to Melbourne metro's $371. Nationally, Mill Park - North's mortgage repayments were below the Australian average of $1,863, and rents were less than the national figure of $375.

Mill Park - North features high concentrations of family households, with a lower-than-average median household size

Family households account for 78.8% of all households, including 40.8% couples with children, 24.9% couples without children, and 12.2% single parent families. Non-family households constitute the remaining 21.2%, with lone person households at 18.6% and group households comprising 2.5%. The median household size is 2.8 people, which is smaller than the Greater Melbourne average of 2.9.

Mill Park - North performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

The area's university qualification rate is 26.0%, significantly lower than Greater Melbourne's average of 37.0%. This difference presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common (17.4%), followed by postgraduate qualifications (6.3%) and graduate diplomas (2.3%). Vocational credentials are also prevalent, with 31.3% of residents aged 15+ holding such qualifications – advanced diplomas at 11.6% and certificates at 19.7%.

Educational participation is high, with 27.2% of residents currently enrolled in formal education. This includes 7.8% in primary education, 7.4% in secondary education, and 5.9% pursuing tertiary education.

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

Mill Park - North has 107 active public transport stops offering a mix of train and bus services. These stops are served by 11 different routes, collectively facilitating 10,436 weekly passenger trips. The area's transport accessibility is rated excellent, with residents typically residing just 174 meters from the nearest stop.

Across all routes, service frequency averages 1,490 trips per day, translating to approximately 97 weekly trips per individual stop.

Mill Park - North's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Health data for Mill Park - North shows relatively positive health outcomes with a low prevalence of common conditions among its general population compared to national averages but higher among older and at-risk cohorts. Approximately 50% (~8,858 people) have private health cover, lower than the national average of 55.3%.

The most prevalent medical conditions are arthritis (7.5%) and mental health issues (7.2%), while 70.9% report being free from medical ailments compared to Greater Melbourne's 74.0%. The area has a higher proportion of seniors aged 65 and over at 18.5% (3,282 people) compared to Greater Melbourne's 13.2%. Health outcomes among seniors require more attention than those in the broader population.

Mill Park - 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

Mill Park - North has a high cultural diversity, with 36.7% of its population born overseas and 43.9% speaking a language other than English at home. The predominant religion in Mill Park - North is Christianity, accounting for 62.1% of the population, compared to 49.8% across Greater Melbourne. The top three ancestry groups are Australian (15.3%), Italian (14.2%), and Other (13.6%).

Notably, Macedonian (7.0%) and Greek (6.5%) ethnicities are overrepresented in Mill Park - North compared to the regional averages of 4.6% and 4.1%, respectively. Maltese ethnicity is also slightly higher at 1.9% compared to the regional average of 1.5%.

Mill Park - North's population is slightly older than the national pattern

Mill Park - North has a median age of 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's figure of 38. The 55-64 age group is notably over-represented in Mill Park - North at 15.7%, while the 25-34 age group is under-represented at 13.3%. Between 2021 and present, the 65 to 74 age group has grown from 9.9% to 11.4% of the population, and the 75 to 84 cohort has increased from 4.0% to 5.2%. Conversely, the 45 to 54 age group has declined from 13.7% to 12.1%. By 2041, demographic modeling projects significant changes in Mill Park - North's age profile. The 75 to 84 age cohort is projected to increase by 1,103 people (119%), from 928 to 2,032. Notably, the combined 65+ age groups will account for 59% of total population growth. Meanwhile, the 0 to 4 age group is projected to decline by 4 people.