Montrose
Statistical Area - sa2

Montrose is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Montrose's population is approximately 6,928 as of November 2025, reflecting a decrease of 15 people since the 2021 Census which reported a population of 6,943. This change is inferred from the estimated resident population of 6,923 in June 2024 and an additional 6 validated new addresses since the Census date. The population density ratio is 657 persons per square kilometer. Population growth was primarily driven by overseas migration. AreaSearch uses 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 with adjustments made employing 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 the latest population numbers, Montrose is expected to grow by 335 persons to 2041, an increase of 4.7% over the 17-year period.

The level of residential development activity in Montrose is very low in comparison to the average area assessed nationally by AreaSearch

Montrose has recorded approximately four residential properties granted approval annually over the past five financial years. Between FY21 and FY25, 22 homes were approved, with an additional four approved in FY26. The average construction cost of new properties is $352,000.

In FY26, Montrose has recorded $5.8 million in commercial development approvals, reflecting its primarily residential nature. Compared to Greater Melbourne, Montrose has significantly less development activity, 84.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing dwellings. Recent development in Montrose has been entirely comprised of standalone homes, preserving its low density nature with an emphasis on detached housing attracting space-seeking buyers. The estimated population-to-dwelling approval ratio is 1442 people per dwelling approval.

Population forecasts indicate Montrose will gain 328 residents by 2041. If current construction levels persist, housing supply may lag population growth, potentially intensifying buyer competition and underpinning price growth.

Montrose has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified nine projects that could potentially impact the area. Notable among these are the Yarra Ranges Council Drainage Infrastructure Program, Liverpool Road Shared User Path, Sherbrooke Children's Centre Services, and Kilsyth Townhouse Developments. The following list outlines those projects likely to be most relevant.

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

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Montrose ranks among the top 25% of areas assessed nationally for overall employment performance

Montrose's workforce is skilled with the construction sector being notably represented. The unemployment rate was 2.2% in June 2025, lower than Greater Melbourne's 4.6%.

Employment growth over the past year was estimated at 1.4%. As of June 2025, 3,702 residents were employed with a workforce participation rate similar to Greater Melbourne's 64.1%. Key industries include construction, health care & social assistance, and manufacturing. Construction employment levels were 1.8 times the regional average.

Conversely, professional & technical services showed lower representation at 6.2% compared to the regional average of 10.1%. The area offers limited local employment opportunities as indicated by Census data. Over a 12-month period ending June 2025, employment increased by 1.4%, labour force grew by 0.7%, and unemployment fell by 0.7 percentage points. In comparison, Greater Melbourne saw employment grow by 3.5%, labour force expand by 4.0%, and unemployment rise by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Montrose's employment mix suggests local growth of approximately 6.3% over five years and 13.1% over ten years, though these are simple extrapolations for illustrative purposes only.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

Montrose's median income among taxpayers was $56,012 and average income stood at $68,097 according to latest ATO data aggregated by AreaSearch for financial year 2022. These figures compare to Greater Melbourne's median income of $54,892 and average income of $73,761 respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Montrose would be approximately $62,823 (median) and $76,378 (average) as of September 2025. From the Census conducted on 10 August 2021, household, family and personal incomes in Montrose cluster around the 66th percentile nationally. The data shows that the largest segment comprises 33.5% earning $1,500 - 2,999 weekly (2,320 residents), mirroring regional levels where 32.8% occupy this bracket. After housing costs, residents retain 86.7% of income, reflecting strong purchasing power and the area's SEIFA income ranking places it in the 7th decile.

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

Montrose's dwelling structure, as per the latest Census, consisted of 92.1% houses and 7.8% other dwellings. In comparison, Melbourne metro had 93.8% houses and 6.3% other dwellings. Home ownership in Montrose was 37.8%, with mortgaged dwellings at 53.5% and rented ones at 8.8%. The median monthly mortgage repayment in the area was $2,000, higher than Melbourne metro's $1,950. The median weekly rent figure in Montrose was $365, compared to Melbourne metro's $380. Nationally, Montrose's mortgage repayments exceeded the Australian average of $1,863, while rents were lower than the national figure of $375.

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

Family households constitute 79.4% of all households, including 42.8% couples with children, 27.2% couples without children, and 8.7% single parent families. Non-family households account for the remaining 20.6%, with lone person households at 19.2% and group households comprising 1.3%. The median household size is 2.8 people, which is larger than the Greater Melbourne average of 2.7.

The educational profile of Montrose exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate is 23.9%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are most common at 16.7%, followed by postgraduate qualifications (4.0%) and graduate diplomas (3.2%). Vocational credentials are held by 40.8% of residents aged 15+, with advanced diplomas at 12.5% and certificates at 28.3%. Educational participation is high, with 27.2% of residents currently enrolled in formal education: 10.2% in primary, 7.3% in secondary, and 3.5% in tertiary education.

Montrose's three schools have a combined enrollment of 1,710 students, with socio-educational conditions above average (ICSEA: 1053). The educational mix includes two primary and one K-12 school. The area functions as an education hub with 24.7 school places per 100 residents, significantly higher than the regional average of 15.5, attracting students from surrounding communities.

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

Montrose has 39 active public transport stops operating within its boundaries. These stops are served by a mix of buses along 16 individual routes, collectively providing 1,807 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 368 meters from the nearest stop.

Service frequency averages 258 trips per day across all routes, equating to approximately 46 weekly trips per individual stop.

Health outcomes in Montrose are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts

Montrose shows below-average health outcomes, with common conditions more prevalent than average among both younger and older age groups.

Approximately 53% (~3,699 people) have private health cover. Mental health issues affect 8.9%, asthma impacts 8.4%, while 66.8% are free from medical ailments compared to 66.9% in Greater Melbourne. The area has 19.0% (1,314 people) aged 65 and over, aligning with the general population's health profile.

Montrose ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Montrose's cultural diversity was found to be below average, with 85.0% of its population born in Australia, 92.7% being citizens, and 95.0% speaking English only at home. Christianity was the predominant religion in Montrose, comprising 42.5% of the population. Judaism was notably overrepresented in Montrose compared to Greater Melbourne, with 0.2% versus 0.1%.

The top three ancestry groups were Australian (31.2%), English (30.6%), and Scottish (8.0%). Dutch ethnicity was also overrepresented in Montrose at 3.8%, compared to the regional average of 3.2%. Hungarian ethnicity was similarly overrepresented at 0.4% versus 0.3%, as was South African ethnicity at 0.5% versus 0.4%.

Montrose's median age exceeds the national pattern

Montrose's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 years and somewhat older than Australia's median age of 38 years. Compared to Greater Melbourne, Montrose has an over-representation of the 5-14 age group (14.2% locally) and an under-representation of the 25-34 age group (10.3%). According to the 2021 Census, the 5-14 age group has increased from 13.2% to 14.2%, while the 65-74 age group has decreased from 10.1% to 9.1%. By 2041, demographic modeling suggests significant changes in Montrose's age profile. The 85+ cohort is projected to grow by 88%, adding 181 residents to reach 388. Residents aged 65 and older are expected to represent 60% of the population growth. Conversely, population declines are projected for the 0-4 and 35-44 age groups.