Mordialloc - Parkdale

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

Mordialloc-Parkdale's population, as of Nov 2025, is approximately 22,334. This figure represents an increase of 1,135 people since the 2021 Census, which recorded a population of 21,199. The growth is inferred from ABS' estimated resident population of 22,229 as of June 2024 and an additional 294 validated new addresses since the Census date. This results in a density ratio of 2,802 persons per square kilometer, placing Mordialloc-Parkdale in the upper quartile relative to national locations assessed by AreaSearch. The area's growth rate of 5.4% since the census is within 0.3 percentage points of its SA3 area (5.7%), indicating competitive growth fundamentals. Overseas migration contributed approximately 89.4% of overall population gains during recent periods in Mordialloc-Parkdale.

AreaSearch adopts 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 utilises VIC State Government's Regional/LGA projections from 2023, adjusting using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041 based on these aggregations. Projecting demographic trends, Mordialloc-Parkdale is expected to grow by 3,143 persons by 2041, reflecting a total increase of 13.6% over the 17-year period, as per the latest annual ERP population numbers.

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

Mordialloc-Parkdale recorded approximately 117 residential property approvals per year over the past five financial years, totalling 585 homes. As of FY26104 approvals have been granted. The average population increase per dwelling built in the area between FY21 and FY25 was 0.9 people per year. This suggests that new supply is meeting or exceeding demand, offering ample buyer choice and capacity for population growth beyond current forecasts.

The average construction cost of new homes in the area is $446,000, slightly above the regional average, indicating a focus on quality developments. In FY26, commercial approvals totalling $80.9 million have been registered, reflecting high levels of local commercial activity. Mordialloc-Parkdale maintains similar construction rates per person compared to Greater Melbourne, preserving market equilibrium with surrounding areas. The area's new building activity comprises 26.0% standalone homes and 74.0% townhouses or apartments, shifting from the current housing mix of 48.0% houses. This change reflects reduced development site availability and addresses shifting lifestyle demands and affordability requirements.

Mordialloc-Parkdale has an approximate population density of 264 people per dwelling approval, indicating a low-density market. According to AreaSearch's latest quarterly estimate, the area is expected to grow by 3,038 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

Mordialloc - Parkdale has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 14 projects likely influencing this region. Notable ones are Mordi Aquatic Centre, Elanora Place, Kallara House, and OTIUM. The following details these projects in order of relevance.

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

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The employment landscape in Mordialloc - Parkdale shows performance that lags behind national averages across key labour market indicators

Mordialloc-Parkdale has an educated workforce with professional services well-represented. The unemployment rate as of September 2025 was 4.6%, slightly lower than Greater Melbourne's 4.7%.

There were 12,744 residents employed, with a participation rate of 68.3%. Key industries include health care & social assistance, education & training, and construction. Notably, education & training employment is at 1.2 times the regional average. Conversely, transport, postal & warehousing shows lower representation at 2.7% compared to the regional average of 5.2%.

The area offers limited local employment opportunities as indicated by Census data. Between September 2024 and September 2025, the labour force increased by 0.6%, while employment declined by 0.6%, leading to a 1.1 percentage point rise in unemployment. In comparison, Greater Melbourne saw employment growth of 3.0% and unemployment rising by 0.3%. State-wide, Victoria recorded year-on-year employment growth of 1.13% as of 25-November 2025, with an unemployment rate of 4.7%, slightly higher than the national rate of 4.3%. National employment forecasts from May-25 suggest Mordialloc-Parkdale's employment should increase by 6.7% over five years and 13.8% over ten years, based on industry-specific projections.

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

The Mordialloc - Parkdale SA2 had an extremely high national income level according to latest ATO data aggregated by AreaSearch for financial year 2022. The median income among taxpayers was $62,686 and the average income stood at $83,624. These figures compared to Greater Melbourne's of $54,892 and $73,761 respectively. Based on Wage Price Index growth of 12.16% since financial year 2022, estimates for September 2025 would be approximately $70,309 (median) and $93,793 (average). According to 2021 Census figures, incomes in Mordialloc - Parkdale clustered around the 73rd percentile nationally. Distribution data showed that 28.2% of residents earned between $1,500 and $2,999 per week, with a total of 6,298 people occupying this bracket. The area demonstrated considerable affluence with 34.2% earning over $3,000 per week. Housing accounted for 14.9% of income. Strong earnings ranked residents within the 73rd percentile for disposable income. The area's SEIFA income ranking placed it in the 8th decile.

Mordialloc - Parkdale displays a diverse mix of dwelling types, with ownership patterns similar to the broader region

Dwelling structure in Mordialloc-Parkdale, as per the latest Census, consisted of 48.4% houses and 51.7% other dwellings. In contrast, Melbourne metro had 54.8% houses and 45.2% other dwellings. Home ownership in Mordialloc-Parkdale was 34.2%, similar to Melbourne metro's level. The remaining dwellings were 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 $2,167. Median weekly rent in Mordialloc-Parkdale was $400, compared to Melbourne metro's $410. Nationally, Mordialloc-Parkdale's median mortgage repayment exceeded the Australian average of $1,863, while median rent surpassed the national figure of $375.

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 constitute the remaining 30.6%, with lone person households at 28.6% and group households comprising 2.0%. The median household size is 2.5 people, larger than the Greater Melbourne average of 2.4.

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 and above hold university degrees, compared to 46.0% in the SA4 region. Bachelor degrees are most common at 24.8%, followed by postgraduate qualifications at 8.4% and graduate diplomas at 4.4%. Vocational credentials are held by 29.8% of residents aged 15 years and above, with advanced diplomas at 12.8% and certificates at 17.0%. Current educational participation is high, with 29.3% of residents 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

Transport analysis in Mordialloc - Parkdale shows 81 active public transport stops operating. These are a mix of train and bus stations. They are serviced by 17 individual routes.

Together, these routes provide 4,765 weekly passenger trips. Transport accessibility is rated as good. Residents typically live 214 meters from the nearest stop. Service frequency averages 680 trips per day across all routes. This equates to approximately 58 weekly trips per individual stop.

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 shows better-than-average health outcomes for both younger and older residents. Common health conditions have low prevalence here. Private health cover is high at around 61% of the total population (13,690 people), compared to 58.2% in Greater Melbourne and a national average of 55.3%.

Asthma and mental health issues are most common, affecting 7.7% and 7.5% respectively. About 71.3% of residents report no medical ailments, slightly higher than the 70.4% across Greater Melbourne. The area has 18.0% seniors (aged 65 and over), totaling 4,029 people, which is lower than Greater Melbourne's 19.3%. Seniors' health outcomes are above average, similar to the general population's profile.

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 was found to have above average cultural diversity, with 25.1% of its population born overseas and 15.6% speaking a language other than English at home. The predominant religion in Mordialloc-Parkdale is Christianity, comprising 48.3% of the population. Notably, Judaism is overrepresented, making up 0.7% compared to the regional average of 1.1%.

In terms of ancestry, the top three groups are English (27.3%), Australian (23.1%), and Irish (10.3%). Some ethnic groups show notable differences: Russian is slightly overrepresented at 0.7%, Greek is nearly equal at 3.2% compared to 3.3% regionally, and Serbian is also slightly higher 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 15.3% of the population, compared to Greater Melbourne, while the 25-34 cohort comprises 9.7%. According to post-2021 Census data, the 15-24 age group has increased from 11.6% to 14.1%, but the 5-14 cohort has decreased from 13.1% to 11.9%. By 2041, population forecasts indicate substantial demographic changes. The 75-84 age group is expected to grow by 70%, reaching 2,243 people from 1,319. Notably, the combined 65+ age groups will account for 59% of total population growth, reflecting the area's aging demographic profile. In contrast, the 0-4 and 5-14 cohorts are expected to experience population declines.