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Sales Activity
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Population
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 around 19,036 as of November 2025. This reflected an increase of 302 people since the 2021 Census, which reported a population of 18,734. The change was inferred from the estimated resident population of 19,009 in June 2024 and an additional 59 validated new addresses since the Census date. This resulted in a density ratio of 820 persons per square kilometer. Mount Eliza's growth rate of 1.6% since the census was within 0.7 percentage points of the SA3 area, indicating competitive growth fundamentals. Overseas migration primarily drove population growth during recent periods.
AreaSearch adopted 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 utilized VIC State Government's Regional/LGA projections from 2023, adjusting using weighted aggregation methods to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. Based on projected demographic shifts, Mount Eliza is expected to grow by 1,849 persons to 2041, recording a gain of 9.6% over the 17-year period.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Mount Eliza according to AreaSearch's national comparison of local real estate markets
Mount Eliza granted approximately 51 residential approvals annually. Between FY2021 and FY2025, it approved a total of 256 homes, with an additional 24 approved in FY2026 as of the current date. The area has experienced population decline while maintaining adequate housing supply relative to demand, resulting in a balanced market with good buyer choice.
New properties are constructed at an average expected cost of $822,000, indicating a focus on premium segment development. This year, Mount Eliza recorded $45.4 million in commercial approvals, demonstrating strong commercial development momentum. Compared to Greater Melbourne, Mount Eliza shows roughly half the construction activity per person and ranks around the 38th percentile nationally for assessed areas, suggesting more limited buyer choices and supporting demand for existing homes. Recent construction comprises approximately 88% standalone homes and 12% townhouses or apartments, preserving the area's low-density nature with an emphasis on detached housing attracting space-seeking buyers.
The estimated population per dwelling approval in Mount Eliza is around 465 people, reflecting its quiet development environment. By 2041, the area is projected to grow by approximately 1,822 residents. At current development rates, new housing supply should comfortably meet demand, potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Mount Eliza has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified six projects likely affecting this region. Key initiatives include Mount Eliza Landfill Capping Rehabilitation Works, Mount Eliza: Canadian Bay Carpark, Mount Eliza: Emil Madsen Reserve - East Pavilion, and Moondah Mansion Retirement Village. The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Peninsula Link Freeway
27-kilometre toll-free freeway connecting EastLink at Carrum Downs to Mornington Peninsula Freeway at Mount Martha. Features innovative noise walls, public art installations, and saves up to 40 minutes travel time.
Frankston Hospital Redevelopment
The $1.1 billion Frankston Hospital redevelopment is the largest health infrastructure investment in Melbourne's south-east. The project features a new 12-storey clinical services tower, 130 additional beds, 15 new operating theatres, and a rooftop helipad. It includes expanded mental health and oncology services, a new main entrance, a multi-deck car park, and dedicated women's and children's services. Delivered as a PPP by the Exemplar Health consortium, the facility will have the capacity to treat approximately 35,000 more patients annually. Main works are nearing completion, with the hospital expected to be operational in early 2026.
Frankston to Baxter Rail Upgrade
Proposed upgrade and duplication of the Frankston to Baxter railway line to improve services to the Mornington Peninsula. The project would enable more frequent train services and better connectivity for Peninsula residents. It includes electrification, new stations at Frankston East, Langwarrin, and Baxter. Cancelled in 2023 by the federal government due to underfunding, it has been proposed for revival by the opposition ahead of the 2025 federal election.
Housing for the Peninsula (Amendment C219morn)
Strategic planning amendment to facilitate diverse housing options across the Mornington Peninsula. Includes rezoning, infill development opportunities and affordable housing initiatives to meet growing population needs.
Mornington Fishermans Jetty Rebuild Project
Rebuild of the historic Fishermans Jetty at Mornington Harbour to reinstate safe berthing and public access, delivered by Parks Victoria. The new jetty features timber decking, safety ladders and improved universal access, aligning with the Mornington Harbour Local Port Area Plan which also defines channels, improves boat ramp access, and considers a future additional jetty arm for larger vessels. Demolition of the unsafe jetty occurred in early 2024; construction commenced in 2025 with opening targeted mid to late 2025.
Mount Eliza: Emil Madsen Reserve - East Pavilion
A new sports pavilion at Emil Madsen Reserve designed to cater for the Mount Eliza Soccer Club, Junior Football Club, Cricket Club, and Netball Club. The single-storey building, approximately 800 sqm, includes 6 change rooms, umpire rooms, male and female toilets, storage rooms, kitchen and servery, and a centralised social room. Contract awarded to McCorkell Constructions, with construction expected to commence in August 2025 and complete by late 2026.
Mornington Peninsula Integrated Transport Strategy
Comprehensive transport strategy for the Mornington Peninsula to improve public transport, cycling infrastructure, pedestrian access and integrated transport solutions. Includes bus network improvements and active transport corridors.
Mount Eliza Landfill Capping Rehabilitation Works
Rehabilitation of the landfill cap and stormwater system in the North and South Regional Parks, including increasing the landfill cap, stormwater swale and outfall construction, landscaping, and revegetation to meet EPA requirements.
Employment
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 being well-represented. As of June 2025, the unemployment rate is 1.2%.
There was an estimated employment growth of 4.1% in the past year. In June 2025, 9,683 residents are employed, with an unemployment rate of 3.4%, lower than Greater Melbourne's 4.6%. Workforce participation is similar to Greater Melbourne's 64.1%. Key employment sectors include health care & social assistance, construction, and education & training, with a notable concentration in the latter at 1.2 times the regional average.
Conversely, transport, postal & warehousing has lower representation at 2.2% compared to the regional average of 5.2%. Over the year to June 2025, employment increased by 4.1%, while labour force grew by 4.5%, leading to a rise in unemployment rate by 0.4 percentage points. In Greater Melbourne, employment grew by 3.5%, labour force expanded by 4.0%, and unemployment rose by 0.5 percentage points. National employment forecasts from Jobs and Skills Australia, issued in May 2025, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Mount Eliza's employment mix suggests local growth could be approximately 6.8% over five years and 13.9% over ten years.
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 aggregated latest postcode level ATO data released for financial year 2022. Mount Eliza had a median income among taxpayers of $61,130 and an average level of $105,186. This places it in the top percentile nationally, compared to Melbourne's median of $54,892 and average of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates for Mount Eliza are approximately $68,563 (median) and $117,977 (average) as of September 2025. The 2021 Census ranked household incomes in Mount Eliza at the 91st percentile with a weekly income of $2,547. Income analysis shows that 29.2% of residents earn over $4,000 per week (5,558 individuals), contrasting with the region where the $1,500 - 2,999 bracket leads at 32.8%. Mount Eliza demonstrates affluence with 42.6% earning over $3,000 per week. After housing costs, residents retain 87.6% of income, reflecting strong purchasing power and the area's SEIFA income ranking places it in the 9th decile.
Frequently Asked Questions - Income
Housing
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 (semi-detached, apartments, 'other' dwellings). This compares to Melbourne metro's 85.5% houses and 14.5% other dwellings. Home ownership in Mount Eliza was at 46.2%, aligning with Melbourne metro's figure. Dwellings were either mortgaged (45.2%) or rented (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.
Frequently Asked Questions - Housing
Household Composition
Mount Eliza features high concentrations of family households, with a higher-than-average median household size
Family households account for 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 constitute the remaining 17.8%, with lone person households at 16.9% and group households comprising 1.0%. The median household size is 2.8 people, which is larger than the Greater Melbourne average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
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
Educational attainment in Mount Eliza is notably higher than broader benchmarks. As of 2016, 37.9% of residents aged 15 years and above hold university qualifications, compared to the SA4 region's 23.5% and the SA3 area's 25.0%. Bachelor degrees are 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 aged 15 years and above holding such qualifications – advanced diplomas account for 13.6% and certificates for 16.9%.
Educational participation is high, with 31.6% of residents currently enrolled in formal education as of 2016. This includes 11.6% in primary education, 10.5% in secondary education, and 4.7% pursuing tertiary education. As of 2018, Mount Eliza has a robust network of 7 schools educating approximately 4,974 students. The area demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1109. The educational mix includes 4 primary, 1 secondary, and 2 K-12 schools. Mount Eliza functions as an education hub, with 26.1 school places per 100 residents – significantly above the regional average of 14.3 – attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
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, all of which are bus stops. Five different bus routes serve these stops, together offering 1,264 weekly passenger trips. The accessibility of public transport in Mount Eliza is rated as limited, with residents typically living 669 meters away from the nearest stop.
On average, there are 180 trips per day across all routes, which works out to about 40 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
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 younger and older age groups, with low prevalence of common health conditions. Approximately 74% of its total population (14,029 people) have private health cover, higher than Greater Melbourne's 57.9%. Nationally, this figure stands at 55.3%.
Arthritis and asthma are the most prevalent medical conditions in Mount Eliza, affecting 7.8% and 7.0% of residents respectively. 71.5% of residents report being completely free from medical ailments, compared to 63.9% across 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 Mount Eliza's senior residents are notably strong, outperforming the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
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. English was the language spoken at home by 93.5%. Christianity dominated religiously, comprising 46.6%, while Judaism was slightly overrepresented at 0.3% compared to Greater Melbourne's 0.2%.
Ancestry-wise, top groups were English (33.8%), Australian (25.3%), and Irish (9.3%). Scottish ancestry was notably higher at 9.1%, Dutch at 1.7%, and Welsh at 0.7% compared to regional averages of 9.0%, 1.8%, and 0.6% respectively.
Frequently Asked Questions - Diversity
Age
Mount Eliza hosts an older demographic, ranking in the top quartile nationwide
The median age in Mount Eliza is 45 years, which is significantly higher than Greater Melbourne's average of 37 years and Australia's national average 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 rose from 7.7% to 9.3%. Conversely, the 25-34 age group decreased from 4.9% to 3.6%. By 2041, demographic projections indicate 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.