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 was approximately 21,199 people as of February 2021. By February 2026, the population had increased to around 22,371, reflecting a growth of 1,172 people (5.5%) since the 2021 Census. This increase is inferred from ABS's estimated resident population of 22,229 as of June 2024 and an additional 333 validated new addresses since the Census date. The population density ratio was approximately 2,806 persons per square kilometer, placing Mordialloc - Parkdale in the upper quartile relative to national locations assessed by AreaSearch. The area's growth rate of 5.5% since the census is within 0.1 percentage points of the SA3 area (5.6%), indicating competitive growth fundamentals. Overseas migration contributed approximately 89.4% of overall population gains during recent periods, driving primary population growth in the area.

AreaSearch's projections for Mordialloc - Parkdale are based on ABS/Geoscience Australia projections released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023, adjusted using 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. Future population dynamics project an above median growth for statistical areas nationally, with Mordialloc - Parkdale expected to expand by 3,143 persons by 2041 based on the latest annual ERP population numbers, reflecting a total gain of 13.4% over the 17 years.

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, between FY2021 and FY2025585 homes have been approved, with an additional 106 approved so far in FY2026. On average, around 0.9 people have moved to the area each year for each dwelling built over these five financial years.

This suggests new construction is meeting or 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 FY2026, $80.9 million in commercial development approvals have been recorded, indicating 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 shows 26.0% detached dwellings and 74.0% medium and high-density housing.

This focus on higher-density living creates more affordable entry points and suits downsizers, investors, and first-home buyers. This represents a notable shift from the area's existing housing composition, which is currently 48.0% houses. This shift may indicate decreasing availability of developable sites and reflects changing lifestyles and the need for more diverse, affordable housing options. Mordialloc-Parkdale reflects a low density area, with around 264 people per approval. Population forecasts indicate Mordialloc-Parkdale will gain approximately 3,001 residents by 2041 (based on the latest AreaSearch quarterly estimate). Given current development patterns, 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 42ndth percentile nationally

Changes to local infrastructure significantly influence an area's performance. Fourteen projects identified by AreaSearch are likely to impact the area. Notable ones are Mordi Aquatic Centre, Elanora Place, Kallara House, and OTIUM. The following details those expected to be 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 a highly educated workforce with professional services well represented. Its unemployment rate is 4.6%. As of September 2025, 12,744 residents are employed, with an unemployment rate of 4.6%, 0.1% lower than Greater Melbourne's rate of 4.7%.

Workforce participation is similar to Greater Melbourne's at 71.0%. Census data shows that 39.0% of residents work from home, potentially influenced by Covid-19 lockdowns. Key industries include health care & social assistance, education & training, and construction. Notably, employment in education & training is high, at 1.2 times the regional average.

However, transport, postal & warehousing has limited presence, with only 2.7% of employment compared to the regional average of 5.2%. The area appears to offer limited local employment opportunities, as indicated by the ratio of working population to resident population. Between September 2024 and September 2025, Mordialloc-Parkdale's labour force increased by 0.6% while employment decreased by 0.6%, causing a rise in unemployment rate of 1.1 percentage points. In contrast, Greater Melbourne saw employment growth of 3.0% and labour force growth of 3.3%. Jobs and Skills Australia forecasts national employment to grow 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, though this is a simple extrapolation for illustrative purposes only and does not account for local population projections.

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 Mordialloc - Parkdale SA2 has an extremely high national median income of $66,449 and an average income of $87,689. This contrasts with Greater Melbourne's median income of $57,688 and average income of $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Mordialloc - Parkdale are approximately $71,931 (median) and $94,923 (average) as of September 2025. Census 2021 income data indicates that household, family, and personal incomes in Mordialloc - Parkdale cluster around the 73rd percentile nationally. Income analysis shows that the $1,500 - 2,999 earnings band captures 28.2% of the community (6,308 individuals), consistent with broader trends across the surrounding region showing 32.8% in the same category. Economic strength is evident 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

Dwelling structure in Mordialloc-Parkdale as evaluated at the latest Census comprised 48.4% houses and 51.7% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 67.9% houses and 32.1% other dwellings. Home ownership in Mordialloc-Parkdale was at 34.2%, with the remainder either mortgaged (40.0%) or rented (25.8%). The median monthly mortgage repayment in the area was $2,253, higher than Melbourne metro's average of $2,000. Median weekly rent was recorded at $400, compared to Melbourne metro's $390. Nationally, Mordialloc-Parkdale's mortgage repayments were significantly higher than the Australian average of $1,863, while 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 percent of all households, including 34.6 percent couples with children, 23.5 percent couples without children, and 10.4 percent single parent families. Non-family households account for the remaining 30.6 percent, with lone person households at 28.6 percent and group households comprising 2.0 percent of the total. 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

In Mordialloc-Parkdale, as of the latest data, 37.6% of residents aged 15 years or older hold university degrees, compared to 46.0% in the SA4 region. The most common educational qualifications are bachelor's degrees (24.8%), followed by postgraduate qualifications (8.4%) and graduate diplomas (4.4%). Vocational credentials are also prevalent, with 29.8% of residents aged 15 years or older holding such qualifications, including advanced diplomas (12.8%) and certificates (17.0%). Educational participation is high in the area, 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

Public transport analysis indicates 88 active transport stops operating within Mordialloc - Parkdale, consisting of a mix of bus services. These stops are served by 17 individual routes, collectively facilitating 4,225 weekly passenger trips. Transport accessibility is rated as good, with residents typically situated 211 meters from the nearest transport stop. As a primarily residential area, most residents commute outward, predominantly using cars at an 87% rate, while 6% opt for train travel. Vehicle ownership averages 1.3 per dwelling. According to the 2021 Census, a high 39.0% of residents work from home, which may reflect 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 have positive health outcomes according to AreaSearch's analysis. Mortality rates and health conditions align with national benchmarks. Common health conditions are low across age cohorts; asthma affects 7.7% and mental health issues impact 7.5%.

A high 63% of the population has private health cover, compared to Greater Melbourne's 56.7% and Australia's 55.7%. Most residents (71.3%) report no medical ailments. Under-65s show better health outcomes than average. The area has 18.7% seniors (4,181 people), higher than Greater Melbourne's 15.1%. Senior health outcomes are above average and in line with national rankings.

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 had a cultural diversity index above average, with 25.1% of its population born overseas and 15.6% speaking a language other than English at home. Christianity was the predominant religion in Mordialloc-Parkdale as of 2016, accounting for 48.3% of the population, compared to the Greater Melbourne average of 47.1%. Judaism made up 0.7% of Mordialloc-Parkdale's population, slightly higher than the regional average of 1.0%.

In terms of ancestry, English was the most represented group in Mordialloc-Parkdale as of 2016, comprising 27.3% of the population, followed by Australian at 23.1%, and Irish at 10.3%. Notably, Russian, Greek, and Serbian ethnic groups were overrepresented compared to regional averages: Russian at 0.7% vs 0.4%, Greek at 3.2% vs 2.7%, and Serbian at 0.5% vs 0.4%.

Mordialloc - Parkdale's median age exceeds the national pattern

The median age in Mordialloc - Parkdale is 42 years, significantly higher than Greater Melbourne's average of 37 years and Australia's average of 38 years. The 55-64 age group makes up 13.3% of the population compared to Greater Melbourne, while the 25-34 cohort represents 9.5%. Post-2021 Census data shows that the 15 to 24 age group has increased from 11.6% to 14.5%, and the 75 to 84 cohort has risen from 5.1% to 6.2%. Conversely, the 5 to 14 age group has decreased from 13.1% to 11.6%, and the 45 to 54 age group has dropped from 16.3% to 14.9%. Population forecasts for 2041 indicate substantial demographic changes in Mordialloc - Parkdale, with the 75 to 84 age group expected to grow by 61%, reaching 2,243 people from 1,393. The combined 65+ age groups are projected to account for 58% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0 to 4 and 5 to 14 age cohorts are expected to experience population declines.