Mont Albert
At 2.31 million, Mont Albert's median house price places it firmly in Melbourne's premium owner-occupier bracket, while its 48.4% work-from-home rate helps explain why demand can remain local despite only 5.3% using public transport. The 4,948 residents occupy 1.7 square kilometres, creating density of 2,907.7 people per square kilometre. Compared with nearby Box Hill's activity-centre setting, Mont Albert has a more compact residential profile, with 53.8% separate houses and 35.0% semi-detached dwellings. Its 10.6% vacancy rate is high for a premium market, so buyers should distinguish quiet residential appeal from rental depth.
Population
4,948
Median Age
42.0
Household IncomeiMedian weekly household income (ABS Census)
$2,324/wk
DAs (12 months)iDevelopment Applications lodged in the past year
13
Median House
$2.3M
October to December 2025
For homebuyers, the central issue is entry cost rather than debt stress. The median house price was 2.31 million in Oct-Dec 2025, while mortgage repayments are 2,500 per month and the mortgage-to-income ratio is 24.8%, with no mortgage stress flag. Prices remain 75.5% higher than the 1.316 million median recorded in 2013, although the latest result sits 22.9% below the 2.9967 million peak in Oct-Dec 2023. Housing choice is less purely detached than the prestige label suggests: 53.8% are separate houses, 35.0% semi-detached and 10.9% apartments. Compared with a family-only market, the 34.1% share of two-bedroom homes broadens the buyer pool, but the price premium still favours high-income households.
For Buyers
For homebuyers, the central issue is entry cost rather than debt stress. The median house price was 2.31 million in Oct-Dec 2025, while mortgage repayments are 2,500 per month and the mortgage-to-income ratio is 24.8%, with no mortgage stress flag. Prices remain 75.5% higher than the 1.316 million median recorded in 2013, although the latest result sits 22.9% below the 2.9967 million peak in Oct-Dec 2023. Housing choice is less purely detached than the prestige label suggests: 53.8% are separate houses, 35.0% semi-detached and 10.9% apartments. Compared with a family-only market, the 34.1% share of two-bedroom homes broadens the buyer pool, but the price premium still favours high-income households.
For Investors
Investor conditions are mixed. Weekly rent is 451 and 27.9% of occupied dwellings are rented, but vacancy is 10.6%, which can lengthen leasing periods and limit near-term rent pressure. Compared with the 40.1% owned outright, the renting share indicates a meaningful tenant base, yet the ownership profile also points to a stable established suburb rather than a heavily leveraged market. Development activity is modest at 12 applications over 12 months, reducing the signal of a major supply wave. Overseas migration is the primary growth driver, which may support demand, but the annual trend is only 0.42%. The case is stronger for established stock than rapid yield expansion, so investors should test the 451 rent against the 2.31 million purchase price.
Development Activity
Total DAs
19
Last 12 Months
13
YoY ChangeiYear-over-year change in DA lodgements
+160.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Mont Albert
Open-register school locations for education access. This is not a school-quality ranking.
Mont Albert Primary School
Demographics
Mont Albert has an older and more educated profile than the national pattern: median age is 42, or 2.0 years above national, while 61.7% have university qualifications, 31.6 percentage points above national. Overseas-born residents account for 32.9%, 11.3 points above national, with Mandarin recorded for 254 people and Canton for 68. English ancestry is the largest listed group at 1,587, followed by Chinese at 999 and Irish at 603. The average household size is 2.5, and couples without children make up 39.9%, helping explain demand for two-bedroom housing. Compared with nearby Surrey Hills and Canterbury, this is a similarly established inner-east setting, but Mont Albert's 20.1% turnover and 79.9% staying rate point to strong residential continuity.
Age Distribution
Bedrooms
Dwelling Structure
53.8%
Houses
35.0%
Townhouse
10.9%
Apartment
Tenure
Mont Albert's price cycle is premium but uneven. The median rose from 1.316 million in 2013 to 2.31 million in Oct-Dec 2025, a 75.5% increase across 19 years and a 3.0% CAGR. The market has cooled from its 2.9967 million peak in Oct-Dec 2023, with the latest median 22.9% lower. Compared with the 2013 baseline, today's price is substantially higher even after the correction, which matters more than the recent quarter alone. Tenure is split between 40.1% outright owners, 30.0% mortgagors and 27.9% renters. The stock includes 30.3% three-bedroom and 32.6% four-plus-bedroom homes, alongside 34.1% two-bedroom dwellings. Mortgage costs equal 24.8% of household income, below the local stress flag, so the main housing constraint is capital value rather than repayment pressure.
Mortgage / mo
$2,500
Rent / wkiMedian weekly rent for new bonds (year ending Sep 2025), Homes Victoria bond data (year-ending median). Census 2021 median: $451.
$678
Bond data year ending Sep 2025 · houses $800 · units $570
HH Size
2.5
Personal Income / wk
$1,061
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
10.6%
Unoccupied
225
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
19.4%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
24.8%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
46.0%
Couples with children
39.9%
Couples, no children
12.2%
Single parent
1,397
Total families
Economy & Employment
Households have strong earning capacity: weekly household income is 2,324, at the 88.6th percentile and higher than the national midpoint. Employment is concentrated in Healthcare at 19.0% or 392 workers, Professional/Tech at 17.8% or 367, and Education at 12.9% or 266. Finance contributes 9.2% and Public Admin 6.0%, giving the suburb a knowledge and service base rather than a manufacturing focus. The occupational mix reinforces that position, with 1,104 professionals and 422 managers, compared with 368 in clerical or administrative roles. A 64.2% participation rate and 4.6% unemployment rate indicate a sizeable active workforce, while 48.4% working from home supports local daytime spending. Compared with lower-income areas, this profile can sustain premium housing but may also limit affordability for essential workers.
Unemployment
4.6%
Labour Force
2,717
Unemployed
124
Source: ABS Census 2021
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
59.2%
Part-time
35.9%
Participation
64.2%
Employed
2,593
Full-time and part-time are shares of the employed. Source: ABS Census 2021
Occupations
Top Industries
University
61.7%
Postgraduate
20.7%
Born Overseas
32.9%
Dwellings
1,906
Transport to Work
Daily life is shaped by remote work and car access. A high 48.4% work-from-home rate helps explain why only 5.3% commute by public transport, while 40.8% drive and 2.6% walk or cycle. Compared with a transit-oriented setting, Mont Albert is better suited to households that value home space and flexible commuting, so buyers should check public transport access for the exact address rather than assume suburb-wide convenience. There is 1 local government primary school, Mont Albert Primary School, providing an in-suburb option; enrolment zones should be checked against the address, and secondary choices may sit outside the suburb. Recorded crime is 60.0 offences per 1,000 residents, with 297 total incidents, including 211 property and deception offences and 40 crimes against the person. That mix means security and street context deserve attention, even though the rate alone does not define every pocket.
Drive
40.8%
Public Transport
5.3%
Walk / Cycle
2.6%
Work from Home
48.4%
Population Forecast
+0.42%/yr
(+45 people/yr)
EstablishedMont Albert's growth outlook is established and measured rather than expansionary. The forecast annual trend is 0.42%, while population change across the wider area is 4.0% over 10 years, lower than rapid-growth corridors because the suburb is already largely built out and follows an Aging trajectory. Overseas migration is the primary driver, so demand may be refreshed without creating a broad development boom. Gentrification is at the Early signs stage with a score of 20, and the area recovered from a 4.6% COVID dip. The shift data records rent growth of 28.3%, a 5.8% increase in senior share and a 2.2% decline in young share. Compared with a high-growth redevelopment market, the better expectation is gradual repricing and selective renovation, not a sudden population surge.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+208
Net Internal / yr
-83
Gentrification Signal
Early signs
Strong overseas inflow +208/yr, COVID recovered (-5% dip → full recovery)
Safety & Crime
Total Offences
297
Year ending June 2024
Rate per 1,000 People
60.0
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Mont Albert compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Mont Albert a good suburb to live in?
Mont Albert can suit households seeking an established, premium suburb with strong work-from-home capacity. Median age is 42, 48.4% work from home and 40.8% drive, while the local crime rate is 60.0 per 1,000. The trade-offs are a 2.31 million median house price, 5.3% public transport use and 1 local government primary school.
What is the median house price in Mont Albert?
The median house price was 2.31 million in Oct-Dec 2025. That is 22.9% below the 2.9967 million peak in Oct-Dec 2023 but 75.5% above the 1.316 million median recorded in 2013. Compared with the earlier baseline, entry costs remain substantially higher despite the recent correction.
What schools are in Mont Albert?
Mont Albert Primary School is the 1 school listed within the suburb, and it is a government primary school. Families should confirm the exact enrolment zone and consider nearby suburbs for secondary options, because school access can change across address boundaries. No performance conclusion should be drawn from location alone.
Is Mont Albert safe?
The recorded crime rate is 60.0 offences per 1,000 residents, with 297 total incidents. Property and deception offences account for 211, while crimes against the person total 40. That breakdown is useful for context, but safety can vary by street and time, so inspect the exact setting and review current local advice before buying or renting.
Is Mont Albert good for property investment?
Investment prospects are selective rather than high-growth. Weekly rent is 451, the renting share is 27.9% and vacancy is 10.6%, so tenant demand exists but leasing conditions may be softer than in a lower-vacancy market. Development activity totalled 12 applications in 12 months, while the forecast annual trend is 0.42%. Compare the 451 rent with the 2.31 million purchase price before assuming strong yield.
How is Mont Albert's population changing?
The suburb is on an aging, slow-growth trajectory. The forecast annual trend is 0.42%, and population change across the wider area is 4.0% over 10 years. The senior share rose 5.8 percentage points while the young share fell 2.2 points. Overseas migration is the primary driver, and gentrification is at the Early signs stage with a score of 20. Compared with a fast-growth corridor, change is more likely to be gradual.
What languages are spoken in Mont Albert?
English ancestry is the largest listed group at 1,587 people, while Mandarin is recorded for 254 and Canton for 68. Overseas-born residents make up 32.9%, which is 11.3 percentage points above national. Christianity has 2,006 adherents, Buddhism 137, and 2,352 report no religion, indicating a mixed cultural and secular profile.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), Valuer-General Victoria (house prices), state education open registers (school locations), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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