Mount Eliza

An assessment of population growth drivers in Mount Eliza reveals an overall ranking slightly below national averages considering recent, and medium term trends

Mount Eliza's population was approximately 19,036 as of November 2025. This figure represents an increase of 302 people since the 2021 Census, which recorded a population of 18,734. The growth is inferred from ABS data showing an estimated resident population of 19,009 in June 2024 and the addition of 59 validated new addresses post-Census. This results in a density ratio of 820 persons per square kilometer, comparable to averages seen across other locations assessed by AreaSearch. Mount Eliza's growth rate of 1.6% since Census places it within 0.7 percentage points of its SA3 area (2.3%). Population growth was primarily driven by overseas migration 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. Based on these projections, Mount Eliza is expected to grow by approximately 1,849 persons to 2041, reflecting a gain of around 9.6% over the 17-year period.

Residential development activity is lower than average in Mount Eliza according to AreaSearch's national comparison of local real estate markets

Mount Eliza has granted around 51 residential properties approval annually. Over the past five financial years, from FY21 to FY25, a total of 256 homes were approved, with an additional 33 approved so far in FY26. The area's population decline has resulted in adequate housing supply relative to demand, creating a balanced market with good buyer choice.

New properties are constructed at an average value of $822,000, indicating a focus on the premium segment. This year has seen $45.4 million in commercial approvals, suggesting strong commercial development momentum. Compared to Greater Melbourne, Mount Eliza shows approximately half the construction activity per person and ranks among the 38th percentile nationally, offering more limited choices for buyers and supporting demand for existing homes. Recent construction comprises 88.0% standalone homes and 12.0% townhouses or apartments, preserving the area's low density nature.

The estimated population per dwelling approval is 465 people. Looking ahead, Mount Eliza is expected to grow by 1,822 residents through to 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.

Mount Eliza has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified six projects that may affect this region. Key projects include Mount Eliza: Canadian Bay Carpark, Mount Eliza Landfill Capping Rehabilitation Works, Mount Eliza: Emil Madsen Reserve - East Pavilion, and Moondah Mansion Retirement Village. The following list details those most likely to be relevant.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis of employment trends sees Mount Eliza performing better than 90% of local markets assessed across Australia

Mount Eliza has a highly educated workforce with professional services well represented. Its unemployment rate is 1.1%, significantly lower than Greater Melbourne's 4.7%.

Over the past year, employment grew by an estimated 2.5%. As of September 2025, 9,681 residents are employed, with a participation rate similar to Greater Melbourne's 64.1% but an unemployment rate of just 3.5%. Employment in Mount Eliza is concentrated in health care & social assistance (17.8%), construction (12.2%), and education & training (9.6%). Notably, the area has a high concentration in education & training, with levels at 1.2 times the regional average.

Conversely, transport, postal & warehousing represents only 2.2% of employment compared to the regional average of 5.2%. Over the year to September 2025, employment increased by 2.5%, while labour force grew by 2.6%, keeping unemployment broadly flat at 1.1%. In comparison, Greater Melbourne saw employment grow by 3.0% and unemployment rise slightly to 4.7%. Statewide in Victoria, employment grew by 1.13% year-on-year as of 25-November, adding 41,950 jobs, with an unemployment rate of 4.7%. Nationally, the unemployment rate was 4.3%, and employment growth outpaced the national average of 0.14%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Mount Eliza's employment mix suggests local employment should grow by 6.8% over five years and 13.9% over ten years, though this is a simplified extrapolation for illustrative purposes.

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

AreaSearch's aggregation shows Mount Eliza SA2 had a median taxpayer income of $61,130 and an average of $105,186 in financial year 2022. These figures place it among the top percentile nationally compared to Greater Melbourne's $54,892 median and $73,761 average. By September 2025, estimated incomes would be approximately $68,563 (median) and $117,977 (average), adjusted for Wage Price Index growth of 12.16% since financial year 2022. The 2021 Census ranks household incomes at the 91st percentile with weekly earnings of $2,547. In Mount Eliza SA2, 29.2% of individuals earn over $4,000 weekly, contrasting with the region's leading bracket of $1,500 - 2,999 (32.8%). The district exhibits affluence with 42.6% earning over $3,000 weekly, supporting premium retail and services. After housing costs, residents retain 87.6% of income, indicating strong purchasing power; the area's SEIFA income ranking is in the 9th decile.

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

Mount Eliza's dwelling structure, as per the latest Census, consisted of 91.8% houses and 8.2% other dwellings. This compares to Melbourne metro's 85.5% houses and 14.5% other dwellings. Home ownership in Mount Eliza was 46.2%, similar to Melbourne metro. Mortgaged dwellings were at 45.2% and rented ones at 8.6%. The median monthly mortgage repayment was $2,600, higher than Melbourne metro's average of $1,989. Median weekly rent in Mount Eliza was $512, compared to Melbourne metro's $380. Nationally, Mount Eliza's mortgage repayments were significantly higher at $2,600 versus the Australian average of $1,863. Rents were substantially above the national figure of $375 at $512.

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

Family households constitute 82.2% of all households, including 44.0% couples with children, 30.2% couples without children, and 7.7% single parent families. Non-family households comprise the remaining 17.8%, with lone person households at 16.9% and group households making up 1.0%. The median household size is 2.8 people, larger than the Greater Melbourne average of 2.4.

Mount Eliza demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Mount Eliza's residents aged 15+ have a higher proportion with university qualifications (37.9%) compared to the broader SA4 region (23.5%) and SA3 area (25.0%). Bachelor degrees are the most common at 25.3%, followed by postgraduate qualifications (8.0%) and graduate diplomas (4.6%). Vocational credentials are also prevalent, with 30.5% of residents holding them, including advanced diplomas (13.6%) and certificates (16.9%). Educational participation is high in Mount Eliza, with 31.6% of residents currently enrolled in formal education.

This includes primary education (11.6%), secondary education (10.5%), and tertiary education (4.7%).

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

Mount Eliza has 31 active public transport stops operating within its boundaries. These stops are served by a mix of buses along five different routes. The total number of weekly passenger trips provided by these services is 1,264.

Transport accessibility in Mount Eliza is rated as limited, with residents typically located 669 meters from the nearest transport stop. On average, there are 180 trips per day across all routes, which equates to approximately 40 weekly trips per individual stop.

The level of general health in Mount Eliza is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Mount Eliza shows superior health outcomes for both young and elderly populations, with low prevalence of common conditions. Approximately 74% of its total population (14,029 people) has private health cover, exceeding Greater Melbourne's 57.9% and the national average of 55.3%. The most prevalent medical conditions are arthritis (7.8%) and asthma (7.0%), while 71.5% report no medical ailments, compared to 63.9% in Greater Melbourne.

The area has a lower proportion of seniors aged 65 and over at 23.8%, or 4,524 people, than Greater Melbourne's 29.9%. Health outcomes among seniors are notably better than the general population.

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

Mount Eliza, surveyed in June 2016, showed low cultural diversity with 77.0% of residents born in Australia and 90.9% being citizens. Most spoke English only at home (93.5%). Christianity was the dominant religion (46.6%).

Judaism was slightly overrepresented at 0.3%, compared to Greater Melbourne's 0.2%. Top ancestral groups were English (33.8%), Australian (25.3%), and Irish (9.3%). Scottish (9.1%) and Dutch (1.7%) were notably overrepresented, while Welsh (0.7%) was slightly so.

Mount Eliza hosts a notably older demographic compared to the national average

The median age in Mount Eliza is 45 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's median age of 38 years. Compared to Greater Melbourne, Mount Eliza has a higher proportion of residents aged 75-84 (9.3%), but fewer residents aged 25-34 (3.6%). According to the 2021 Census, the population aged 15-24 increased from 11.8% to 13.4%, while the 75-84 age group grew from 7.7% to 9.3%. Conversely, the 25-34 age group decreased from 4.9% to 3.6%. By 2041, demographic projections show significant shifts in Mount Eliza's age structure. The 85+ age group is expected to grow by 122%, reaching 1,290 people from 580. Notably, the combined 65+ age groups will account for 71% of total population growth, reflecting the area's aging demographic profile. In contrast, both the 25-34 and 0-4 age groups are projected to decrease in number.