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Sales Activity
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Population
Population growth drivers in Mordialloc - Parkdale are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Mordialloc-Parkdale's population, as of August 2025, is approximately 22,251. This figure represents a 5% increase from the 2021 Census count of 21,199 residents. The growth is inferred from ABS data showing an estimated resident population of 22,229 in June 2024 and an additional 261 validated new addresses since the Census date. This results in a population density ratio of approximately 2,791 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% since the census is within 0.6 percentage points of the SA3 area's growth rate of 5.6%, indicating strong population growth fundamentals. Overseas migration contributed approximately 89.4% of overall population gains in recent periods, driving Mordialloc-Parkdale's population growth.
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 released in 2023 and adjusts them using weighted aggregation methods to reach SA2 levels. Growth rates by age group are applied across all areas for the years 2032 to 2041. Based on these projections, Mordialloc-Parkdale is expected to experience above median population growth, with an increase of approximately 3,143 persons to 2041, resulting in a total increase of 14% over the 17-year period.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Mordialloc - Parkdale when compared nationally
Mordialloc-Parkdale has seen approximately 117 dwellings granted development approval annually. The Australian Bureau of Statistics reports that between financial years 2021 and 2025585 dwellings received approval, with a further 89 approved in the current financial year 2026. On average, 0.9 new residents per year have been moving into newly constructed homes over the past five financial years. This suggests that supply is meeting or exceeding demand, offering more buyer choices and supporting potential population growth.
The average construction value of these dwellings is $622,000, which is moderately higher than regional levels, indicating a focus on quality construction. In this financial year alone, commercial approvals totaling $80.9 million have been registered, reflecting strong local business investment. Compared to Greater Melbourne, Mordialloc-Parkdale has similar development levels per capita, contributing to market stability aligned with regional trends. Recent construction comprises 26.0% detached dwellings and 74.0% medium and high-density housing, marking a shift from the current pattern of 48.0% houses. This change may be due to diminishing developable land availability and evolving lifestyle preferences and housing affordability needs.
The area has approximately 264 people per dwelling approval, indicating a low density market. Future projections estimate Mordialloc-Parkdale will add 3,121 residents by 2041. Current construction rates appear balanced with future demand, promoting steady market conditions without excessive price pressure.
Frequently Asked Questions - Development
Infrastructure
Mordialloc - Parkdale has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Changes in local infrastructure significantly influence an area's performance. AreaSearch has identified 11 projects that may affect this region. Notable initiatives include Mordi Aquatic Centre, Elanora Place, Kallara House, and OTIUM. The following details those expected to have the most impact.
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Frequently Asked Questions - Infrastructure
Suburban Rail Loop East - SRL East
Major underground rail project connecting Cheltenham to Box Hill via 6 new stations including Clayton. 26km twin-tunnel metro line with fully automated trains. Creating 8,000 direct construction jobs. Part of the broader 90km Suburban Rail Loop connecting every major train line from Frankston to Werribee via airport.
Mordi Aquatic Centre
New council-led aquatic and leisure centre featuring a 50m lap pool, learn-to-swim pool, warm water exercise pool, leisure pool, gym, spa, sauna/steam and cafe. ADCO Constructions appointed builder; CO.OP Studio architect; DCWC project management. Joint-funded by City of Kingston and Australian Government ($20m). Construction program 2024-2026.
Frankston Line Level Crossing Removals (Frankston Line, LXRP)
Victorias Big Build program to remove all remaining level crossings on the Frankston Line by 2029, with new stations at Highett, Mordialloc, Aspendale and Seaford and associated open space and active transport links. Recent works include completed removals and new stations at Parkdale and Glen Huntly, and major works ramping up at Mordialloc and Aspendale.
Frankston Line Level Crossing Removal Program
The program involves removing all dangerous and congested level crossings on the Frankston railway line to enhance safety, alleviate traffic congestion, and facilitate more frequent train services. It plans to eliminate 27 level crossings by 2029, with significant progress including 20 removals by 2025 and construction of new stations.
Kingston Housing Strategy Implementation
Strategic planning initiative to guide housing development across Kingston municipality. Focuses on increasing housing diversity, improving affordability, and managing growth in appropriate locations.
Balcombe Road Level Crossing Removal and Mentone Station Rebuild
Removal of level crossing at Balcombe Road with new Mentone Station opened July 2020. Features heritage bridge preserving historic station buildings, new station gardens, and 3.5km shared path to Cheltenham. Heritage-listed trees preserved and enhanced landscaping program implemented.
Warrigal Road & Parkers Road Level Crossing Removal and Parkdale Station
Comprehensive level crossing removal project eliminating dangerous and congested level crossings at both Warrigal Road, Mentone and Parkers Road, Parkdale. The project included construction of a new modern Parkdale Station with elevated rail infrastructure and rail bridges over roads. Completed August 2024, the project also created extensive community open space equivalent to 2 MCGs, featuring over 100,000 trees, shrubs and grasses, walking and cycling paths, nature-based playground, half basketball court, open-air gym, community garden, and gathering places. Part of the broader Frankston Line level crossing removal program to make the line level crossing free by 2029. The boom gates were previously down for up to 44 minutes during morning peak when more than 20,000 vehicles travelled through the crossings daily. Finishing works continue into 2025 including landscaping and recreational facilities.
Mentone Renaissance Project
Major urban renewal project around Mentone Station precinct featuring enhanced public spaces, improved connectivity, and integrated heritage preservation. Complements level crossing removal works to create cohesive community hub.
Employment
Employment conditions in Mordialloc - Parkdale remain below the national average according to AreaSearch analysis
Mordialloc-Parkdale has a well-educated workforce with strong professional services representation. Its unemployment rate was 4.5% in June 2024, showing relative stability over the past year compared to Greater Melbourne's 4.6%.
As of June 2025, 12,825 residents are employed, with an unemployment rate of 4.4%, slightly below Greater Melbourne's, and workforce participation at 68.3%. Key employment sectors include health care & social assistance, education & training, and construction. The area specialises in education & training, with an employment share 1.2 times the regional level, but transport, postal & warehousing has limited presence at 2.7% compared to the regional 5.2%. Local employment opportunities appear limited based on Census data comparison of working population vs resident population.
In the year ending June 2025, Mordialloc-Parkdale's labour force increased by 1.4%, while employment decreased by 0.4%, raising unemployment by 1.7 percentage points. Meanwhile, Greater Melbourne saw employment grow by 3.5% and unemployment rise by 0.5%. State-level data from Sep-25 shows Victoria added 39,880 jobs year-on-year, growing by 1.08% with an unemployment rate of 4.7%, slightly higher than the national rate of 4.5%. National employment forecasts from May 2025 project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Mordialloc-Parkdale's employment mix suggests local growth of approximately 6.7% over five years and 13.8% over ten years, although this is a simple extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
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 2022 shows that income in Mordialloc - Parkdale is among the highest in Australia, with a median assessed at $62,686 and an average income of $83,624. This contrasts with Greater Melbourne's figures of a median income of $54,892 and an average income of $73,761. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates would be approximately $69,024 (median) and $92,078 (average) as of March 2025. According to the 2021 Census figures, household, family and personal incomes in Mordialloc - Parkdale cluster around the 74th percentile nationally. Income analysis reveals that 28.2% of the population, which consists of 6,274 individuals, fall within the $1,500 - $2,999 income range, similar to the broader area where 32.8% occupy this bracket. 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. The area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Mordialloc - Parkdale displays a diverse mix of dwelling types, with ownership patterns similar to the broader region
In Mordialloc-Parkdale, as per the latest Census, 48.4% of dwellings were houses, with the remaining 51.7% being semi-detached homes, apartments, and other types. In contrast, Melbourne metro had 54.8% houses and 45.2% other dwellings. Home ownership in Mordialloc-Parkdale stood at 34.2%, similar to Melbourne metro's rate. The majority of dwellings were mortgaged (40.0%) or rented (25.8%). The median monthly mortgage repayment was $2,253, higher than Melbourne metro's average of $2,167. Weekly rent in Mordialloc-Parkdale was $400, slightly lower than Melbourne metro's $410. Nationally, mortgage repayments were significantly higher at $2,253 compared to the Australian average of $1,863, while rents were also higher at $400 versus the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Mordialloc - Parkdale has a typical household mix, with a higher-than-average median household size
Family households account for 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 make up the remaining 30.6%, consisting of 28.6% lone person households and 2.0% group households. The median household size is 2.5 people, which is larger than the Greater Melbourne average of 2.4 people.
Frequently Asked Questions - Households
Local Schools & Education
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 show that 37.6% of residents aged 15 and above have university degrees, compared to 46.0% in the SA4 region. Bachelor degrees are the most common at 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 and above holding them - advanced diplomas at 12.8% and certificates at 17.0%. Educational participation is high, with 29.3% of residents currently enrolled in formal education, including 9.4% in primary education, 9.1% in secondary education, and 5.4% pursuing tertiary education.
There are six schools operating within Mordialloc - Parkdale, educating approximately 3,203 students. The area demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1101. Education provision is balanced, with five primary schools and one secondary school serving distinct age groups.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis of public transport in the Mordialloc - Parkdale area shows that there are currently 81 active transport stops operating. These comprise a mix of train and bus services. The area is served by 17 individual routes, which together facilitate 4,765 weekly passenger trips.
Transport accessibility is rated as good, with residents on average located just 214 meters from the nearest transport stop. Service frequency across all routes averages at 680 trips per day, equating to approximately 58 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
The level of general health in Mordialloc - Parkdale is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions
Mordialloc-Parkdale has better-than-average health outcomes for both younger and older residents. Common health conditions have low prevalence rates in this area. The proportion of people with private health insurance is high at about 61% (13,639 individuals), compared to Greater Melbourne's 58.2%.
Nationally, the average is 55.3%. Asthma and mental health issues are the most prevalent conditions here, affecting approximately 7.7% and 7.5% of residents respectively. Around 71.3% of people report having no medical ailments, slightly higher than Greater Melbourne's 70.4%. The area has fewer seniors aged 65 and over at 18.0%, compared to Greater Melbourne's 19.3%. Despite this, health outcomes among the elderly are above average, mirroring the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Mordialloc - Parkdale was found to be above average when compared nationally for a number of language and cultural background related metrics
Mordialloc-Parkdale has 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 is the dominant religion in Mordialloc-Parkdale, accounting for 48.3%. Judaism, however, is overrepresented compared to Greater Melbourne, comprising 0.7% versus 1.1%.
The top three ancestral groups are English (27.3%), Australian (23.1%), and Irish (10.3%). Notable differences exist in the representation of certain ethnic groups: Russian is slightly overrepresented at 0.7% (versus 1.0% regionally), Greek is nearly equal at 3.2% (versus 3.3%), and Hungarian is also nearly equal at 0.4%.
Frequently Asked Questions - Diversity
Age
Mordialloc - Parkdale hosts an older demographic, ranking in the top quartile nationwide
The median age in Mordialloc - Parkdale is 42 years, significantly higher than Greater Melbourne's average of 37 years and Australia's median age of 38 years. The 45-54 age group constitutes 15.3% of the population, compared to Greater Melbourne's rate, while the 25-34 cohort makes up only 9.7%. According to post-2021 Census data, the 15-24 age group has increased from 11.6% to 14.1%, whereas the 5-14 cohort has decreased from 13.1% to 11.9%. Population forecasts for 2041 indicate substantial demographic shifts in Mordialloc - Parkdale, with the 75-84 age group expected to grow by 71% (927 people), reaching a total of 2,243 from 1,315 previously. Notably, 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.