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 is around 17,813 as of Feb 2026. This reflects an increase since the 2021 Census which reported a population of 17,470 people. The change was inferred from ABS' estimated resident population of 17,706 in June 2024 and additional validated new addresses since the Census date. This level equates to a density ratio of 2,188 persons per square kilometer, above the average across national locations assessed by AreaSearch. Population growth was primarily driven by overseas migration contributing approximately 75.7% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and VIC State Government's Regional/LGA projections released in 2023 adjusted employing weighted aggregation method from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Considering projected demographic shifts, a significant population increase is forecast with the area expected to expand by 4,414 persons to 2041 based on latest annual ERP population numbers reflecting an increase of 24.2% in total over the 17 years.

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, totalling 61 homes. As of FY-26 so far, 8 approvals have been recorded. The area has experienced population decline, suggesting that new supply has likely kept pace with demand, offering buyers good choice while new properties are constructed at an average expected construction cost value of $423,000, somewhat higher than regional norms, reflecting quality-focused development. This financial year, $14.7 million in commercial development approvals have been recorded, indicating moderate levels of commercial development compared to Greater Melbourne.

Mill Park - North has significantly less development activity than the broader metropolitan area, which typically strengthens demand and prices for existing properties. Nationally, this activity is also lower, reflecting market maturity and possible development constraints. New building activity shows 80% detached dwellings and 20% 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's latest quarterly estimate, Mill Park - North is expected to grow by 4307 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 40% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 16 projects that could impact this region. Notable ones are The Stables Kindergarten Redevelopment, The Gorge Townhomes, Peter Hopper Lake Revitalisation, and Central South Morang Shopping Centre.

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 Mill Park - North has been broadly consistent with national averages

Mill Park - North has a skilled workforce with strong representation in manufacturing and industrial sectors. Its unemployment rate is 3.8%, lower than Greater Melbourne's 4.7%. In the year up to September 2025, employment grew by an estimated 0.5%.

As of that month, 10,015 residents are employed with an unemployment rate of 0.9% below the Greater Melbourne average. Workforce participation is slightly lower at 68.8%, compared to Greater Melbourne's 71.0%. According to Census responses, 23.6% of residents work from home. Leading employment industries include health care & social assistance, retail trade, and construction.

Retail trade has a notable concentration with employment levels at 1.3 times the regional average. However, professional & technical services have limited presence at 6.4%, compared to the regional average of 10.1%. Over the year to September 2025, employment increased by 0.5% while labour force grew by 0.1%, leading to a 0.4 percentage point decrease in unemployment. In contrast, Greater Melbourne experienced higher growth rates and a smaller decrease in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 project an expansion of 6.6% over five years and 13.7% over ten years for national employment. Applying these 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, based on a simple weighting extrapolation for illustrative purposes.

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

The Mill Park - North SA2 had incomes below national averages in financial year 2023. Median income was $55,801 and average income stood at $64,379. Greater Melbourne's figures were $57,688 and $75,164 respectively. By September 2025, estimated incomes would be approximately $60,405 (median) and $69,690 (average), accounting for an 8.25% wage growth since financial year 2023. In 2021 Census figures, household income ranked at the 53rd percentile ($1,798 weekly), while personal income was at the 34th percentile. Predominant income cohort (6,127 people) spanned 34.4% of locals in the $1,500 - 2,999 category. After housing costs, residents retained 86.9% of income. The area's SEIFA income ranking placed 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), compared to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Mill Park - North was at 39.7%, with mortgaged dwellings at 37.7% and rented ones at 22.6%. The median monthly mortgage repayment in the area was $1,764, lower than Melbourne metro's average of $2,000. The median weekly rent figure was recorded at $365, compared to Melbourne metro's $390. 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 higher-than-average median household size

Family households account for 78.8% of all households, consisting of 40.8% couples with children, 24.9% couples without children, and 12.2% single parent families. Non-family households make up the remaining 21.2%, with lone person households at 18.6% and group households comprising 2.5% of the total. The median household size is 2.8 people, which is larger than the Greater Melbourne average of 2.6.

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 discrepancy presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 17.4%, followed by postgraduate qualifications (6.3%) and graduate diplomas (2.3%). Vocational credentials are prominent, with 31.3% of residents aged 15+ holding them, including advanced diplomas (11.6%) and certificates (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 serving a mix of bus routes. These stops are covered by 12 individual routes, facilitating 6,774 weekly passenger trips in total. The area's transport accessibility is rated as excellent, with residents typically residing 174 meters from their nearest stop. Primarily residential, most commuters travel outward, predominantly by car (90%), with train usage at 5%. Vehicle ownership averages 1.7 per dwelling, exceeding the regional average. According to the 2021 Census, 23.6% of residents work from home, potentially influenced by COVID-19 conditions.

Service frequency across all routes averages 967 trips daily, equating to approximately 63 weekly trips per individual stop. The accompanying map displays the 100 nearest stops relative to the location's centerpoint.

Health outcomes in Mill Park - North are marginally below the national average with common health conditions somewhat prevalent across both younger and older age cohorts

Mill Park - North shows below-average health indicators based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are high, with common health conditions prevalent across both younger and older age cohorts.

Private health cover is relatively low at approximately 51% of the total population (~9,120 people), compared to 56.7% in Greater Melbourne. The most common medical conditions are arthritis and mental health issues, affecting 7.5 and 7.2% of residents respectively. 70.9% of residents claim to be completely clear of medical ailments, compared to 72.6% across Greater Melbourne. Health outcomes for the under-65 population are better than average. The area has a higher proportion of seniors aged 65 and over at 19.6%, with 3,496 people, compared to 15.1% in Greater Melbourne. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general 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 level of cultural diversity, with 36.7% of its population born overseas and 43.9% speaking a language other than English at home. Christianity is the predominant religion in Mill Park-North, comprising 62.1% of the population, compared to 43.0% across Greater Melbourne. The top three ancestry groups in Mill Park-North are Australian (15.3%), Italian (14.2%), and Other (13.6%).

Notably, Macedonian (7.0%) is overrepresented compared to the regional average of 0.7%, as are Greek (6.5% vs 2.7%) and Maltese (1.9% vs 1.1%).

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 median age of 38. Compared to the Greater Melbourne average, the 55-64 age cohort is notably over-represented in Mill Park - North at 15.5%, while the 25-34 age group is under-represented at 12.8%. Between 2021 and the present, the 65 to 74 age group has grown from 9.9% to 11.9% of the population, and the 75 to 84 cohort increased from 4.0% to 5.7%. Conversely, the 45 to 54 age group has declined from 13.7% to 11.9%, and the 25 to 34 age group dropped from 14.0% to 12.8%. Demographic modeling indicates that Mill Park - North's age profile will significantly change by 2041. The 75 to 84 age cohort is projected to surge dramatically, increasing by 1,025 people (102%) from 1,006 to 2,032. Notably, the combined 65+ age groups will account for 56% of total population growth, reflecting the area's aging demographic profile. The 0 to 4 age group is expected to grow more modestly at 2%, adding only 12 residents.