Mill Park - North
Statistical Area - sa2

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

As of Aug 2025, Mill Park - North's population is around 17,729. This reflects an increase since the 2021 Census figure of 17,470 people. The change is inferred from ABS estimated resident population of 17,715 in June 2024 and additional 24 validated new addresses since the Census date. This results in a population density ratio of 2,178 persons per square kilometer. Population growth was primarily driven by overseas migration contributing approximately 75.7% of overall population gains.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, they utilise VIC State Government's Regional/LGA projections from 2023 with adjustments made employing weighted aggregation method. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on latest population numbers and projected demographic shifts, the area is forecasted to expand by 4,414 persons to 2041, an increase of 24.8% 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 has averaged approximately 12 new dwelling approvals per year. Development approval data is produced by the Australian Bureau of Statistics on a financial year basis, with 61 dwellings approved over the past five financial years from FY-21 to FY-25, and 4 approvals so far in FY-26. The area has experienced population decline, suggesting that new supply has likely been keeping up with demand, offering good choice to buyers. New properties are constructed at an average expected construction cost value of $678,000, indicating a developer focus on the premium segment with upmarket properties.

In FY-26, there have been $14.7 million in commercial development approvals recorded, demonstrating moderate levels of commercial development compared to Greater Melbourne. Mill Park - North has significantly less development activity than both Greater Melbourne and nationally, 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 demonstrates a mature, established area. By 2041, Mill Park - North is expected to grow by 4,391 residents.

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 in local infrastructure significantly impact an area's performance. AreaSearch has identified 18 projects that could affect this region. Notable ones include The Stables Kindergarten Redevelopment, Peter Hopper Lake Revitalisation, The Gorge Townhomes, and Westfield Plenty Valley Entertainment Precinct. The following list outlines those likely to be most relevant.

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

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 was 3.5% as of June 2024, with an estimated employment growth of 2.2% over the past year.

As of June 2025, 10,132 residents are employed while the unemployment rate is 1.1% lower than Greater Melbourne's rate of 4.6%. Workforce participation is at par with Greater Melbourne's 64.1%. Major 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.

Professional & technical services have limited presence at 6.4% compared to the regional average of 10.1%. Employment opportunities appear limited locally based on Census data comparison of working population versus resident population. Between June 2024 and June 2025, employment increased by 2.2%, labour force by 1.4%, leading to a 0.7 percentage point drop in unemployment. In contrast, Greater Melbourne had employment growth of 3.5% and labour force growth of 4.0%. As of Sep-25, Victorian employment grew by 1.08% year-on-year, with the state unemployment rate at 4.7%, slightly higher than the national rate of 4.5%. National employment forecasts from Jobs and Skills Australia project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Mill Park - North's employment mix suggests local growth of approximately 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

Mill Park - North's median income among taxpayers was $52,023 in financial year 2022. The average income stood at $61,182 during this period. These figures were below Greater Melbourne's median of $54,892 and average of $73,761 respectively. By March 2025, estimated incomes would be approximately $57,283 (median) and $67,368 (average), based on a Wage Price Index growth of 10.11% since financial year 2022. According to the 2021 Census, household income ranked at the 53rd percentile ($1,798 weekly), while personal income was at the 35th percentile. The predominant income cohort comprised 34.4% of locals (6,098 people) earning between $1,500 and $2,999, similar to the surrounding region where 32.8% fell within this range. After housing costs, residents retained 86.9% of their income, reflecting strong purchasing power. 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). This compares to Melbourne metro's figures of 87.2% houses and 12.8% other dwellings. Home ownership in Mill Park - North was higher at 39.7%, with the rest being mortgaged (37.7%) or rented (22.6%). The median monthly mortgage repayment in the area was $1,764, lower than Melbourne metro's average of $1,900. The median weekly rent figure for Mill Park - North 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 comprise 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 account for 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 faces educational challenges, with university qualification rates at 26.0%, significantly below the Greater Melbourne average of 37.0%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are most prevalent at 17.4%, followed by postgraduate qualifications (6.3%) and graduate diplomas (2.3%). Trade and technical skills are prominent, with 31.3% of residents aged 15+ holding vocational credentials – 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, 7.4% in secondary, and 5.9% pursuing tertiary education. Mill Park - North's 5 schools have a combined enrollment reaching 3,630 students as of the latest data. The area functions as an education hub with 20.5 school places per 100 residents, significantly above the regional average of 13.1, attracting students from surrounding communities.

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. These are a mix of train and bus services. Eleven routes operate in the area, collectively providing 10,436 weekly passenger trips.

Residents have excellent transport accessibility, with an average distance of 174 meters to the nearest stop. Service frequency averages 1,490 trips per day across all routes, which equates 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. The prevalence of common health conditions is low among its general population but higher than the national average among older and at-risk cohorts.

Approximately 50% (~8,864 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%), with 70.9% reporting no medical ailments compared to Greater Melbourne's 74.0%. The area has a higher proportion of seniors aged 65 and over at 18.5% (3,285 people) versus Greater Melbourne's 13.2%. Health outcomes for seniors require more attention than 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 high 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, accounting for 62.1%, 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%) is overrepresented compared to the regional average of 4.6%. Similarly, Greek (6.5%) exceeds the regional average of 4.1%, as does Maltese at 1.9% versus the region's 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%, compared to the Greater Melbourne average, while the 25-34 age group is under-represented at 13.3%. Between 2021 and present, the 65-74 age group has grown from 9.9% to 11.4% of the population, and the 75-84 age group has increased from 4.0% to 5.2%. Conversely, the 45-54 age group has declined from 13.7% to 12.1%. By 2041, demographic modeling suggests that Mill Park - North's age profile will significantly change. The 75-84 age cohort is projected to surge dramatically, increasing by 1,103 people (119%) from 928 to 2,032. Notably, the combined 65+ age groups are projected to account for 59% of total population growth. Meanwhile, the 0-4 age cohort is projected to decline by 4 people.