Mordialloc - Parkdale

Population growth drivers in Mordialloc - Parkdale are above average based on AreaSearch's ranking of recent, and medium to long-term trends

Mordialloc-Parkdale's population, as of May 2026, is approximately 22,732. This figure represents an increase of 1,533 people since the 2021 Census, which recorded a population of 21,199. The growth is inferred from ABS' estimated resident population of 22,437 in June 2025 and validated new addresses since then. This results in a population density ratio of 2,852 persons per square kilometer, placing the area in the upper quartile nationally. Mordialloc-Parkdale's growth rate of 7.2% since the 2021 census exceeds the SA3 area's rate of 6.7%. Overseas migration contributed approximately 94.3% 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 by this data, AreaSearch employs VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future population dynamics project an above median growth, with Mordialloc-Parkdale expected to expand by 2,992 persons to 2041, reflecting a total gain of 11.9% over the 16-year period.

Recent residential development output has been above average within Mordialloc - Parkdale when compared nationally

Mordialloc - Parkdale has recorded approximately 117 residential properties granted approval annually. Over the past five financial years, from FY21 to FY25585 homes were approved, with another 117 approved so far in FY26. On average, about 0.9 people have moved to the area each year for every dwelling built during this period.

This indicates that new construction is keeping pace with or even exceeding demand, providing more options for buyers and potentially facilitating population growth beyond current expectations. The average expected construction cost value of new properties in the area is $446,000, which is somewhat higher than regional norms, reflecting quality-focused development. In FY26 alone, $80.9 million worth of commercial development approvals have been recorded, demonstrating high levels of local commercial activity. Compared to Greater Melbourne, Mordialloc - Parkdale has similar development levels per person, maintaining market balance consistent with the broader area. New building activity in Mordialloc - Parkdale shows a shift towards higher-density living.

Approximately 26.0% of new dwellings are detached houses, while around 74.0% are medium and high-density housing. This focus on higher-density living creates more affordable entry points and caters to downsizers, investors, and first-home buyers. This represents a notable shift from the area's existing housing stock, which is currently 48.0% houses, indicating decreasing availability of developable sites and reflecting changing lifestyles and the need for more diverse, affordable housing options. Based on current development patterns, Mordialloc - Parkdale reflects a transitioning market with around 264 people per approval. Population forecasts indicate that the area will gain approximately 2,697 residents by 2041, according to the latest AreaSearch quarterly estimate. Given current development trends, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Mordialloc - Parkdale has moderate levels of nearby infrastructure activity, ranking in the 40thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. Fourteen projects identified by AreaSearch are expected to impact the area. Notable projects include Mordi Aquatic Centre, Elanora Place, Kallara House, and OTIUM. The following details those most relevant.

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

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Mordialloc - Parkdale has seen below average employment performance when compared to national benchmarks

Mordialloc-Parkdale has an educated workforce with professional services well-represented. As of December 2025, its unemployment rate is 4.4%, 0.4% below Greater Melbourne's 4.8%. Workforce participation is similar to the regional average at 69.9%.

Census data shows 39.0% of residents work from home, potentially influenced by Covid-19 lockdowns. Key industries for employment are health care & social assistance, education & training, and construction. Notably, education & training has high concentration with levels at 1.2 times the regional average, while transport, postal & warehousing has limited presence at 2.7% compared to the regional 5.2%. The area offers limited local employment opportunities as indicated by Census working population vs resident population counts.

Between December 2024 and 2025, Mordialloc-Parkdale's labour force decreased by 0.3%, employment declined by 0.6%, causing unemployment rate to rise by 0.3 percentage points. In contrast, Greater Melbourne saw employment growth of 2.4% and labour force growth of 2.8%. Jobs and Skills Australia forecasts national employment expansion by 6.6% over five years and 13.7% over ten years. Applying these projections to Mordialloc-Parkdale's employment mix suggests local employment should increase by 6.7% over five years and 13.8% over ten years, based on simple weighting extrapolation for illustrative purposes only.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2023 shows that income in Mordialloc - Parkdale SA2 is extremely high nationally. The median income is $66,449 while the average income stands at $87,689. This contrasts with Greater Melbourne's figures of a median income of $57,688 and an average income of $75,164. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates would be approximately $72,841 (median) and $96,125 (average) as of March 2026. Census 2021 income data shows household, family and personal incomes in Mordialloc - Parkdale cluster around the 73rd percentile nationally. Income analysis reveals that the $1,500 - 2,999 earnings band captures 28.2% of the community (6,410 individuals), consistent with broader trends across the surrounding region showing 32.8% in the same category. Economic strength emerges through 34.2% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. Housing accounts for 14.9% of income while strong earnings rank residents within the 73rd percentile for disposable income and the area's SEIFA income ranking places it in the 8th decile.

Mordialloc - Parkdale displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Mordialloc-Parkdale's dwelling structure, as per the latest Census, had 48.4% houses and 51.7% other dwellings (semi-detached, apartments, 'other' dwellings). Melbourne metro had 67.9% houses and 32.1% other dwellings. Home ownership in Mordialloc-Parkdale was 34.2%, with mortgaged dwellings at 40.0% and rented ones at 25.8%. The median monthly mortgage repayment was $2,253, compared to Melbourne metro's $2,000. Median weekly rent in Mordialloc-Parkdale was $400, while Melbourne metro had $390. Nationally, Mordialloc-Parkdale's mortgage repayments were higher at $1,863 and rents exceeded the national figure of $375.

Mordialloc - Parkdale has a typical household mix, with a lower-than-average median household size

Family households constitute 69.4% of all households, including 34.6% couples with children, 23.5% couples without children, and 10.4% single parent families. Non-family households comprise the remaining 30.6%, with lone person households at 28.6% and group households at 2.0%. The median household size is 2.5 people, which is smaller than the Greater Melbourne average of 2.6.

Educational achievement in Mordialloc - Parkdale places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Educational qualifications in Mordialloc-Parkdale as of the latest data show that 37.6% of residents aged 15 and above hold university degrees, compared to 46.0% in the SA4 region. The most common degree held is Bachelor's at 24.8%, followed by postgraduate qualifications at 8.4% and graduate diplomas at 4.4%. Vocational credentials are also prevalent, with 29.8% of residents aged 15 and above holding them, including advanced diplomas (12.8%) and certificates (17.0%). Educational participation is high, with 29.3% of residents currently enrolled in formal education, comprising 9.4% in primary, 9.1% in secondary, and 5.4% in tertiary education.

Educational participation is notably high, with 29.3% of residents currently enrolled in formal education. This includes 9.4% in primary education, 9.1% in secondary education, and 5.4% pursuing tertiary education.

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

Mordialloc-Parkdale has 88 active public transport stops serving a mix of bus routes. These stops are served by 17 individual routes, providing 4225 weekly passenger trips in total. Residents have good access to transport, with an average distance of 211 meters to the nearest stop. Most residents commute outward from this primarily residential area. Cars are the dominant mode of transport, used by 87% of residents, while 6% use trains. The average vehicle ownership is 1.3 per dwelling.

According to the 2021 Census, 39% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 603 trips per day across all routes, equating to approximately 48 weekly trips per individual stop.

Mordialloc - Parkdale'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

Mordialloc - Parkdale residents show relatively positive health outcomes, according to AreaSearch's analysis of mortality rates and health conditions. The prevalence of common health conditions is quite low across both younger and older age cohorts, aligning with national benchmarks. Approximately 63% of the total population (14,389 people) has private health cover, higher than Greater Melbourne's 56.7% and the national average of 55.7%.

The most prevalent medical conditions are asthma and mental health issues, affecting 7.7% and 7.5% of residents respectively. 71.3% of residents declare themselves completely clear of medical ailments, compared to Greater Melbourne's 72.6%. Under-65 population health outcomes are better than average. The area has 18.2% of residents aged 65 and over (4,146 people), higher than Greater Melbourne's 15.0%. Health outcomes among seniors are above average, broadly in line with national rankings for the general population.

The level of cultural diversity witnessed in Mordialloc - Parkdale was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Mordialloc-Parkdale, surveyed in June 2016, had above-average cultural diversity with 25.1% of its population born overseas and 15.6% speaking a language other than English at home. Christianity was the predominant religion, making up 48.3%. Judaism was overrepresented at 0.7%, compared to Melbourne's 1.0%.

The top three ancestry groups were English (27.3%), Australian (23.1%), and Irish (10.3%). Notably, Russian (0.7%) and Greek (3.2%) were also overrepresented compared to regional averages of 0.4% and 2.7%, respectively. Serbian was slightly overrepresented at 0.5%.

Mordialloc - Parkdale's median age exceeds the national pattern

The median age in Mordialloc-Parkdale is 42 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's average of 38 years. The 45-54 age group makes up 15.0% of the population, compared to Greater Melbourne, while the 25-34 cohort constitutes only 10.0%. According to post-2021 Census data, the 15-24 age group has increased from 11.6% to 14.6%, but the 5-14 cohort has decreased from 13.1% to 11.4%. The 45-54 age group has also dropped from 16.3% to 15.0%. By 2041, population forecasts indicate substantial demographic changes in Mordialloc-Parkdale. Notably, the 75-84 age group is expected to grow by 59%, reaching 2,170 people from 1,366. The combined 65+ age groups will account for 59% of total population growth, reflecting the area's aging demographic profile. Conversely, the 0-4 and 5-14 cohorts are projected to experience population declines.