Mill Park - South
Statistical Area - sa2

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 was around 11,605 as of November 2025. This showed an increase of 365 people from the 2021 Census figure of 11,240. The change was inferred from ABS data showing an estimated resident population of 11,322 in June 2024 and an additional 111 validated new addresses since the Census date. This resulted in a population density ratio of 2,354 persons per square kilometer, placing it in the upper quartile nationally according to AreaSearch's assessment. Overseas migration contributed approximately 69.4% of overall population gains during recent periods.

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 with adjustments made using weighted aggregation methods. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on the latest population numbers, a significant increase in the top quartile of national areas is forecasted, with Mill Park - South expected to grow by 3,038 persons by 2041, indicating an overall increase of 23.7% over the 17-year period.

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 recorded approximately 29 residential properties granted approval per year over the past five financial years ending FY-25. This totals 146 homes approved during this period. As of FY-26, five approvals have been recorded to date. The population has declined in recent years, suggesting that new supply has likely kept pace with demand, providing good options for buyers.

New homes are being built at an average expected construction cost value of $338,000. In this financial year, $1.0 million in commercial approvals have been registered, indicating the area's residential nature. Compared to Greater Melbourne, Mill Park - South has recorded significantly lower building activity, 82.0% below the regional average per person as of FY-25. This constrained new construction typically reinforces demand and pricing for existing dwellings, although development activity has increased in recent periods. This trend 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, indicating a shift from the area's current housing composition, which is predominantly houses (90.0%). This trend may be due to decreasing availability of developable sites and changing lifestyles requiring more diverse, affordable housing options.

As of FY-25, Mill Park - South has around 993 people per approval, demonstrating a mature, established area. Population forecasts indicate that Mill Park - South will gain approximately 2,755 residents by the year 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth in the future.

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

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified ten projects likely to impact the region. Notable ones include Mill Park Place Framework, Tram Route 86 Extension, The Stables Kindergarten Redevelopment, and Peter Hopper Lake Revitalisation. Below is a list detailing 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 Mill Park - South remain below the national average according to AreaSearch analysis

Mill Park - South has a skilled workforce with prominent representation in essential services sectors. The unemployment rate was 4.3% as of the past year, with an estimated employment growth of 2.6%.

As of June 2025, 6,117 residents were employed, with an unemployment rate of 4.3%, which is 0.3% below Greater Melbourne's rate of 4.6%. Workforce participation was somewhat lower at 60.5% compared to Greater Melbourne's 64.1%. Key industries of employment among residents include health care & social assistance, construction, and retail trade.

Professional & technical services had limited presence with 6.6% employment compared to the regional average of 10.1%. The area appears to offer limited local employment opportunities based on Census data. In the 12 months prior to June 2025, employment increased by 2.6%, while labour force grew by 1.4%, leading to a fall in unemployment rate by 1.1 percentage points. By comparison, Greater Melbourne recorded employment growth of 3.5% and labour force growth of 4.0%, with an increase in unemployment rate by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% expansion over five years and 13.7% over ten years nationally. Applying these projections to Mill Park - South's employment mix suggests local growth of approximately 6.4% over five years and 13.4% over ten years, though this is a simple extrapolation for illustrative purposes and does not account for localized population projections.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's aggregation of ATO data for financial year 2022 shows Mill Park - South had a median taxpayer income of $49,176 and an average income of $57,834. Nationally, the averages were $54,892 and $73,761 respectively in Greater Melbourne. By September 2025, estimated incomes would be approximately $55,156 (median) and $64,867 (average), based on a 12.16% Wage Price Index growth since financial year 2022. The 2021 Census figures rank household income at the 44th percentile ($1,647 weekly) and personal income at the 27th percentile. Income distribution shows that 35.0% of locals (4,061 people) fall into the $1,500 - 2,999 category, similar to surrounding regions at 32.8%. After housing expenses, 85.9% of income remains for other costs. 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 in its latest Census evaluation had 89.8% houses and 10.2% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 87.2% houses and 12.8% 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, lower than Melbourne metro's $1,900. The median weekly rent figure was $369, slightly less than Melbourne metro's $371. Nationally, Mill Park - South's mortgage repayments were below the Australian average of $1,863, and rents were also lower at $375.

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

Family households account for 78.0% of all households, including 37.9% that are couples with children, 25.2% that are couples without children, and 13.4% that are single parent families. Non-family households make up the remaining 22.0%, with lone person households at 19.1% and group households comprising 2.7%. The median household size is 2.7 people, which is smaller than the Greater Melbourne average of 2.9.

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 common at 17.7%, followed by postgraduate qualifications (6.2%) and graduate diplomas (2.4%). Vocational credentials are prevalent, with 31.5% of residents aged 15+ holding them - advanced diplomas at 11.3% and certificates at 20.2%. Educational participation is high, with 26.6% of residents currently enrolled in formal education.

This includes 8.5% in primary, 6.6% in secondary, and 6.0% in tertiary education. The area has two primary schools - Findon Primary School and Mill Park Primary School - serving a total of 808 students. These schools focus exclusively on primary education, with secondary options available nearby. School places per 100 residents are 7.0, below the regional average of 13.1, indicating some students may attend schools in adjacent areas.

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

Mill Park - South has 45 active public transport stops, all of which are bus stops. These stops are served by 8 different routes that together facilitate 6,308 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically residing 204 meters from the nearest stop.

Across all routes, service frequency averages 901 trips per day, which translates to approximately 140 weekly trips per individual stop.

Mill Park - South's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low across both younger and older age cohorts

Health data shows Mill Park - South residents have a relatively low prevalence of common health conditions across both younger and older age groups. Approximately 49% (~5,674 people) have private health cover, lower than the national average of 55.3%.

The most prevalent medical conditions are arthritis (7.7%) and asthma (7.0%), with 70.9% reporting no medical ailments compared to 74.0% in Greater Melbourne. There are 19.9% (2,305 people) of residents aged 65 and over, higher than the 13.2% in Greater Melbourne. Health outcomes among seniors align with the general population's health profile.

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 high cultural diversity, with 38.5% of its population born overseas and 43.3% speaking a language other than English at home. Christianity is the predominant religion in Mill Park-South, accounting for 56.0% of the population. Islam is overrepresented compared to Greater Melbourne, comprising 6.2% versus 9.1%.

The top three ancestry groups are Australian (15.5%), Other (15.1%), and English (14.7%). Notably, Macedonian, Greek, and Italian ethnicities are also overrepresented in Mill Park-South compared to regional averages: Macedonian at 4.5% versus 4.6%, Greek at 6.6% versus 4.1%, and Italian at 10.7% versus 9.6%.

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

The median age in Mill Park - South is 39, slightly higher than Greater Melbourne's average of 37 and close to the national average of 38. Compared to Greater Melbourne, Mill Park - South has a notably higher proportion of the 65-74 cohort (12.4% locally) and a lower proportion of 15-24 year-olds (11.1%). According to post-2021 Census data, the 65-74 age group grew from 10.8% to 12.4%, while the 75-84 cohort increased from 4.5% to 5.9%. Conversely, the 55-64 cohort declined from 15.5% to 14.0%, and the 45-54 group dropped from 12.1% to 10.8%. Population forecasts for 2041 indicate significant demographic changes in Mill Park - South, with the 75-84 age group expected to grow by 108% (adding 743 people), reaching 1,433 from 689. The demographic aging trend continues as residents aged 65 and older represent 56% of anticipated growth. Meanwhile, the 0-4 age group shows more modest growth at 5%, adding only 32 residents.