Mill Park - South

Mill Park - South 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 - South's population is approximately 11,608 as of November 2025. This figure represents an increase of 368 people since the 2021 Census, which reported a population of 11,240. The change is inferred from the estimated resident population of 11,322 in June 2024 and an additional 111 validated new addresses since the Census date. This results in a density ratio of 2,354 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Overseas migration contributed approximately 69.4% of overall population gains during recent periods.

AreaSearch is using ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on demographic trends, the area is forecasted to grow significantly in the top quartile of national areas, with an expected increase of 3,038 persons by 2041, reflecting a total increase of 23.7% over the 17 years.

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

Mill Park - South has granted approximately 29 residential property approvals per year over the past five financial years ending June 30, totalling 146 homes. As of July-September 2026 (FY-26), it has recorded 5 approvals. The population decline in recent years suggests that new supply has likely been meeting demand, offering buyers good choice while new homes are being built at an average expected construction cost value of $338,000. This financial year, commercial approvals totalling $1.0 million have been registered, indicating the area's residential nature.

Compared to Greater Melbourne, Mill Park - South records significantly lower building activity, 82.0% below the regional average per person, which usually reinforces demand and pricing for existing dwellings. However, development activity has increased in recent periods. This is also lower than the national average, reflecting market maturity and possible development constraints. New development consists of 15.0% detached houses and 85.0% medium to high-density housing, appealing to downsizers, investors, and entry-level buyers, marking a shift from the area's existing housing composition (currently 90.0% houses). With approximately 993 people per approval, Mill Park - South shows signs of maturity and established status. Population forecasts indicate it will gain around 2,752 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.

Population forecasts indicate Mill Park - South will gain 2,752 residents through to 2041 (from the latest AreaSearch quarterly estimate). If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Mill Park - South has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified ten such projects that are expected to impact the area. Notable among these are Mill Park Place Framework, Tram Route 86 Extension, The Stables Kindergarten Redevelopment, and Peter Hopper Lake Revitalisation. The following list outlines those projects considered most relevant.

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

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Mill Park - South shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Mill Park - South has a skilled workforce with prominent representation in essential services sectors. Its unemployment rate is 4.8%. Over the past year, it has maintained relative employment stability.

As of September 2025, 5,982 residents are employed while the unemployment rate is 0.2% higher than Greater Melbourne's rate of 4.7%. Workforce participation in Mill Park - South lags at 65.6%, compared to Greater Melbourne's 71.0%. According to Census responses, 21.2% of residents work from home.

Key industries of employment among residents are health care & social assistance, construction, and retail trade. Professional & technical services have limited presence with 6.6% employment, compared to the regional average of 10.1%. The area offers limited local employment opportunities as indicated by Census data comparing working population to resident population. Over a 12-month period ending in September 2025, employment increased by 0.3%, labour force decreased by 0.0%, leading to a fall in unemployment rate of 0.3 percentage points. By comparison, Greater Melbourne recorded employment growth of 3.0% and labour force growth of 3.3%, with an increase in unemployment of 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to Mill Park - South's employment mix suggests local employment should increase by 6.4% over five years and 13.4% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's aggregation of latest postcode level ATO data released for financial year 2023 shows Mill Park - South SA2 had a median taxpayer income of $52,748 and an average income of $60,856. Nationally, the median was $57,688 and the average was $75,164. By September 2025, with an 8.25% Wage Price Index growth, estimated incomes would be approximately $57,100 (median) and $65,877 (average). According to the 2021 Census, household income ranks at the 44th percentile ($1,647 weekly), with personal income at the 26th percentile. Income distribution data shows that 35.0% of locals (4,062 people) fall into the $1,500 - 2,999 category, consistent with surrounding regions' trends. After housing costs, 85.9% of income remains for other expenses. The area's SEIFA income ranking places it in the 4th decile.

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

Mill Park - South's dwelling structure, as per the latest Census, consisted of 89.8% houses and 10.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Mill Park - South was at 40.0%, with mortgaged dwellings at 35.8% and rented ones at 24.2%. The median monthly mortgage repayment was $1,733, below Melbourne metro's average of $2,000. Median weekly rent in the area was $369, compared to Melbourne metro's $390. Nationally, Mill Park - South's mortgage repayments were lower than the Australian average of $1,863, and rents were less than the national figure of $375.

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

Family households account for 78.0% of all households, including 37.9% couples with children, 25.2% couples without children, and 13.4% single parent families. Non-family households constitute the remaining 22.0%, with lone person households at 19.1% and group households comprising 2.7% of the total. The median household size is 2.7 people, which is larger than the Greater Melbourne average of 2.6.

Educational attainment in Mill Park - South aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 26.3%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most prevalent at 17.7%, followed by postgraduate qualifications (6.2%) and graduate diplomas (2.4%). Vocational credentials are also common, with 31.5% of residents aged 15+ holding them, including advanced diplomas (11.3%) and certificates (20.2%). Educational participation is high, with 26.6% of residents currently enrolled in formal education, comprising 8.5% in primary, 6.6% in secondary, and 6.0% in tertiary education.

Educational participation is notably high, with 26.6% of residents currently enrolled in formal education. This includes 8.5% in primary education, 6.6% in secondary education, and 6.0% pursuing tertiary education.

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

Mill Park - South has 46 active public transport stops, all of which are bus stops. These stops are served by 8 different routes that together facilitate 3,849 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically located 204 meters from the nearest transport stop. Most residents commute outward due to its primarily residential nature. Car remains the dominant mode of transportation at 91%. The average vehicle ownership per dwelling is 1.6, which is higher than the regional average.

According to the 2021 Census, 21.2% of residents work from home, a figure that may reflect COVID-19 conditions. Across all routes, service frequency averages 549 trips per day, equating to approximately 83 weekly trips per individual stop.

Mill Park - South's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Mill Park - South residents show positive health outcomes, matching national benchmarks for mortality rates and common health conditions across all ages. Private health cover stands at approximately 49%, lower than Greater Melbourne's 56.7% (national average: 55.7%). The most prevalent conditions are arthritis (7.7%) and asthma (7.0%), with 70.9% reporting no medical ailments, compared to Greater Melbourne's 72.6%.

Under-65 residents have better health outcomes than average. The area has a higher proportion of seniors aged 65 and over at 19.9%, compared to Greater Melbourne's 14.9%. Senior health outcomes align with national rankings.

Mill Park - South 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-South has a high level of cultural diversity, with 38.5% of its population born overseas and 43.3% speaking a language other than English at home. The predominant religion in Mill Park-South is Christianity, comprising 56.0% of the population. However, Islam is overrepresented compared to Greater Melbourne, making up 6.2% versus 5.6%.

Regarding ancestry, the top three groups are Australian (15.5%), Other (15.1%), and English (14.7%), lower than the regional average of 20.1%. Notably, Macedonian (4.5%) is overrepresented compared to the region's 0.7%, as are Greek (6.6% vs 2.7%) and Italian (10.7% vs 5.2%).

Mill Park - South's population aligns closely with national norms in age terms

The median age in Mill Park - South is 39, which is higher than Greater Melbourne's average of 37 and close to the national average of 38. Compared to Greater Melbourne, the cohort aged 65-74 is notably over-represented at 12.4% locally, while those aged 15-24 are under-represented at 11.1%. According to post-2021 Census data, the 65 to 74 age group has grown from 10.8% to 12.4%, and the 75 to 84 cohort has increased from 4.5% to 5.9%. Conversely, the 55 to 64 cohort has declined from 15.5% to 14.0%, and the 45 to 54 group has dropped from 12.1% to 10.8%. Population forecasts for 2041 indicate substantial demographic changes in Mill Park - South, with the 75 to 84 group expected to grow by 108% (from 689 to 1,433 people). Residents aged 65 and older will represent 56% of this growth. The 0 to 4 age group is projected to grow at a more modest rate of 5%, adding only 32 residents.