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

As of Feb 2026, Mill Park - South's population is around 11,608, showing an increase of 368 people since the 2021 Census which reported a population of 11,240. This change is inferred from ABS estimates: 11,322 in June 2024 and additional validated new addresses since then. The population density is 2,354 persons per square kilometer, placing it in the upper quartile nationally according to AreaSearch's assessments. Overseas migration contributed approximately 69.4% of 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, they utilise VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods. Considering these projections, the area is forecast to increase by 3,038 persons to 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, totalling 146 homes. As of FY-26, 5 approvals have been recorded. The area's population has declined in recent years, suggesting that new supply has likely met demand, offering good choice to buyers. The average expected construction cost value for new homes is $338,000.

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 records significantly lower building activity, 82.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing dwellings, though development activity has increased recently. This is also lower than the national average, reflecting market maturity and possible development constraints. New developments consist of 15.0% detached houses and 85.0% medium to high-density housing, appealing to downsizers, investors, and entry-level buyers. This shift from the area's existing housing (currently 90.0% houses) suggests decreasing availability of developable sites and changing lifestyles requiring more diverse, affordable housing options. With approximately 993 people per approval, Mill Park - South is a mature, established area.

According to AreaSearch's latest quarterly estimate, the population is forecasted to grow by 2,752 residents by 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.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified ten projects likely impacting the area. Notable projects include Mill Park Place Framework, Tram Route 86 Extension, The Stables Kindergarten Redevelopment, and Peter Hopper Lake Revitalisation. The following list details 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.

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

Mill Park - South has a skilled workforce with well-represented essential services sectors. As of September 2025, its unemployment rate is 4.8%, showing relative employment stability over the past year compared to Greater Melbourne's 4.7%. There are 5,982 residents in work, but workforce participation lags at 65.4% compared to Greater Melbourne's 71.0%.

A moderate 21.2% of residents work from home, potentially influenced by Covid-19 lockdowns. Key industries of employment include health care & social assistance, construction, and retail trade, while professional & technical services have a limited presence at 6.6% compared to the regional average of 10.1%. The predominantly residential area may offer limited local employment opportunities, as indicated by the Census working population count vs resident population.

Over the 12 months ending September 2025, employment increased by 0.3%, while labour force decreased by 0.0%, causing a fall in unemployment rate of 0.3 percentage points. In contrast, Greater Melbourne recorded employment growth of 3.0% and unemployment rose 0.3 percentage points. National employment forecasts from Jobs and Skills Australia, released in May-25, project national employment growth of 6.6% over five years and 13.7% over ten years. 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

Mill Park - South SA2 had a median taxpayer income of $52,748 and an average income of $60,856 in financial year 2023. This was lower than the national averages of $57,688 and $75,164 respectively for Greater Melbourne. By September 2025, estimated median income would be approximately $57,100 and average income $65,877, based on an 8.25% Wage Price Index growth since financial year 2023. According to the 2021 Census, household income ranked at the 44th percentile ($1,647 weekly) and personal income at the 26th percentile in Mill Park - South SA2. Income distribution showed that 35.0% of locals (4,062 people) fell into the $1,500 - 2,999 category, similar to the surrounding region's 32.8%. After housing expenses, 85.9% of income remained for other costs. The area's SEIFA income ranking placed 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 in the area was $1,733, lower than Melbourne metro's average of $2,000. The median weekly rent figure was recorded at $369, compared to Melbourne metro's $390. Nationally, Mill Park - South's mortgage repayments were below 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 comprise 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 account for 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, 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 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, 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 operating within it. These are all bus stops serviced 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 stop. Most residents commute outward due to its residential nature. Car remains the dominant mode of transport, used by 91% of residents. Vehicle ownership averages 1.6 per dwelling, higher than the regional average.

According to the 2021 Census, 21.2% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency averages 549 trips per day across all routes, equating to approximately 83 weekly trips per 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

Health data for Mill Park - South residents shows mostly positive results. Mortality rates and health conditions are largely in line with national benchmarks. Common health conditions are seen across both young and old age groups.

The rate of private health cover is relatively low at approximately 49% (5,711 people), compared to 56.7% in Greater Melbourne and a national average of 55.7%. The most common medical conditions are arthritis (7.7%) and asthma (7.0%). 70.9% of residents report having no medical ailments, compared to 72.6% in Greater Melbourne. Under-65 residents have better than average health outcomes. The area has 20.9% of residents aged 65 and over (2,426 people), higher than the 15.1% in Greater Melbourne. Health outcomes among seniors are above average, with national rankings broadly in line with the general population.

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% born overseas and 43.3% speaking languages other than English at home. Christianity is the main religion, comprising 56.0%. Islam is overrepresented at 6.2%, compared to Greater Melbourne's 5.6%.

Top ancestry groups are Australian (15.5%), Other (15.1%), and English (14.7%), lower than regional averages of 20.1%. Macedonian (4.5%) and Greek (6.6%) are notably overrepresented compared to regional averages of 0.7% and 2.7%, respectively. Italian is also overrepresented at 10.7% versus 5.2%.

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

The median age in Mill Park - South is 39 years, slightly higher than Greater Melbourne's average of 37 years and close to the national average of 38 years. Compared to Greater Melbourne, the 65-74 age cohort is notably over-represented at 13.0% locally, while the 5-14 age group is under-represented at 10.0%. Post-2021 Census data shows that the 65-74 age group has grown from 10.8% to 13.0%, and the 75-84 cohort has increased from 4.5% to 6.4%. Conversely, the 55-64 cohort has declined from 15.5% to 13.6%, and the 45-54 group has 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 92% (686 people), reaching 1,433 from 746. The demographic aging trend continues as residents aged 65 and older represent 51% of anticipated growth. The 0-4 age group shows more modest growth at 8%, adding only 47 residents.