Notting Hill
With 62.8% of residents holding university qualifications, Notting Hill ranks 32.7 percentage points above the national average, making it one of the most degree-concentrated suburbs in Victoria. The suburb sits inside a 1.59 km2 footprint and holds 2,895 residents, yet 62.2% were born overseas, a figure 40.6 points above the national rate. The student and professional character shows up in the tenure split: 51.3% rent, the median age is 30 (ten years below national), and 45.2% of dwellings are apartments. A median house price of $997,500 and an IRSAD decile of 7 point to a suburb that is solidly middle-upper in relative advantage, even as the renter-majority profile keeps household income at the 51.3rd national percentile.
Population
2,895
Median Age
30.0
Household IncomeiMedian weekly household income (ABS Census)
$1,574/wk
DAs (12 months)iDevelopment Applications lodged in the past year
18
Median House
$998K
Apr-Jun 2024
The median house price reached $997,500 in April-June 2024, down 13.3% from the July-September 2023 peak of $1,151,000, which gives buyers some cushion compared to the top of the cycle. The long-run story is still strong: prices have risen 76.1% from $566,500 in 2013, a CAGR of 4.1% over 14 years. Only 45.0% of dwellings are separate houses, so genuine house stock is scarce in a suburb where apartments make up 45.2%. Monthly mortgage repayments average $1,876, and mortgage-to-income sits at 27.5%, below the 30% stress threshold, which compares favourably with many inner-Melbourne neighbours. Three-bedroom homes represent 30.9% of stock and four-plus bedroom homes 23.0%, meaning family-sized options exist, but buyers compete against a high-turnover renter market.
For Buyers
The median house price reached $997,500 in April-June 2024, down 13.3% from the July-September 2023 peak of $1,151,000, which gives buyers some cushion compared to the top of the cycle. The long-run story is still strong: prices have risen 76.1% from $566,500 in 2013, a CAGR of 4.1% over 14 years. Only 45.0% of dwellings are separate houses, so genuine house stock is scarce in a suburb where apartments make up 45.2%. Monthly mortgage repayments average $1,876, and mortgage-to-income sits at 27.5%, below the 30% stress threshold, which compares favourably with many inner-Melbourne neighbours. Three-bedroom homes represent 30.9% of stock and four-plus bedroom homes 23.0%, meaning family-sized options exist, but buyers compete against a high-turnover renter market.
For Investors
A 51.3% renter share is among the highest in metropolitan Melbourne, driven by proximity to Monash University and major hospitals. Weekly rent of $371 against a $997,500 median implies a gross yield near 1.9%, modest in absolute terms but in line with comparable Melbourne middle-ring suburbs. The vacancy rate sits at 8.1%, above the 3% balanced-market threshold, signalling some oversupply in the apartment segment that accounts for 45.2% of dwellings. Overseas migration is the primary demand driver, adding a net 1,454 residents per year to the surrounding SA2, versus a net internal outflow of 250. There were 16 development applications in the past 12 months, mostly multi-dwelling projects, so new supply continues to enter the market. Rent grew 26.2% over the measured period, outpacing many comparable suburbs.
Development Activity
Total DAs
28
Last 12 Months
18
YoY ChangeiYear-over-year change in DA lodgements
+500.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 30 is 10 years below the national figure, reflecting the strong student and early-career cohort tied to Monash University. Overseas-born residents at 62.2% run 40.6 points above national, making this suburb one of the most internationally diverse in Victoria. Chinese ancestry leads at 736 residents, followed by English at 435 and Indian at 229. Mandarin is the most common non-English language with 211 speakers, followed by Sinhala at 111 and Cantonese at 54. University qualifications reach 62.8%, which is 32.7 points above the national average, yet the IEO decile is 9, placing education and occupational status among the top quintile nationally. The working-age share grew 10.4 points over the decade, consistent with the suburb attracting economically active migrants rather than retirees.
Age Distribution
Bedrooms
Dwelling Structure
45.0%
Houses
9.7%
Townhouse
45.2%
Apartment
Tenure
The tenure split is unusual even by Melbourne rental-belt standards: 51.3% rent, 27.4% are buying with a mortgage, and only 21.3% own outright. The low outright-ownership rate compared to state averages reflects the young, transient population rather than financial stress; mortgage-to-income at 27.5% is comfortable. Dwellings split almost evenly between separate houses (45.0%) and apartments (45.2%), with semi-detached at 9.7%. Two-bedroom dwellings dominate at 32.3%, followed by three-bedroom at 30.9% and four-plus at 23.0%. The median house price of $997,500 is down 13.3% from the 2023 peak of $1,151,000 but still 76.1% above the 2013 trough of $566,500, demonstrating long-run capital growth despite the recent cooling. Household turnover runs at 40.9% over five years, reflecting the student and professional churn.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,876
Rent / wk
$371
HH Size
2.3
Personal Income / wk
$711
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
8.1%
Unoccupied
90
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
23.6%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
27.5%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
32.3%
Couples, no children
1,683
Total families
Economy & Employment
Education employs 18.5% of resident workers (220 people), the largest single sector, consistent with the Monash University precinct in adjacent Clayton. Healthcare follows at 15.5% (185 workers) and Professional/Technical services at 14.0% (167 workers). By occupation, Professionals form the largest group at 555 workers, followed by Clerical/Admin at 178. The unemployment rate is 7.7%, above the state average, partly because the labour force participation rate is only 61.7%, with 701 residents not seeking work, likely full-time students. The SEIFA IEO score of 1115 puts educational and occupational advantage at decile 9, but the IRSD decile of 4 indicates moderate relative disadvantage when income and wealth measures are included, a common pattern in student suburbs where high qualification rates coexist with low personal incomes. Weekly household income sits at $1,574, placing the suburb at the 51.3rd national percentile.
Unemployment
1.5%
Labour Force
8,853
Unemployed
129
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
59.4%
Part-time
32.9%
Participation
61.7%
Employed
1,442
Occupations
Top Industries
University
62.8%
Postgraduate
26.3%
Born Overseas
62.2%
Dwellings
1,028
Transport to Work
Transport use is car-dominated: 82.5% drive to work, compared to the national average, while only 5.6% use public transport and 6.9% walk or cycle. The suburb scores IRSAD decile 7 nationally, placing it in the upper-middle tier of relative advantage. Rent-to-income sits at 23.6%, comfortably below the 30% stress threshold despite the renter majority. Only 3.0% of residents (82 people) need daily assistance, a low rate consistent with the young demographic profile. The suburb has no schools recorded within its boundary, so families depend on institutions in neighbouring Clayton, including Monash University grounds. The crime rate is 79.1 incidents per 1,000 residents, with property and deception offences accounting for 154 of the 229 total incidents. Volunteering at 14.5% is moderate for a predominantly young and transient suburb.
Drive
82.5%
Public Transport
5.6%
Walk / Cycle
6.9%
Work from Home
N/A
Population Forecast
+2.78%/yr
(+414 people/yr)
High GrowthThe SA2 containing Notting Hill grew from 12,765 in 2023 to 14,911 in 2025, a two-year gain of 16.8%. Medium forecasts project continued expansion to 16,313 by 2031 at 2.78% per year, or roughly 414 additional residents annually. Overseas migration accounts for the entire positive trajectory, adding a net 1,454 people per year, while internal migration removes 250. The 10-year population change is 42.8% and real income grew 54.3% over the decade, both well above Victorian state averages. The COVID dip was 13.9% from the pre-COVID base of 11,725, but recovery has been strong at 39.3% above the COVID low. The gentrification score stands at 48 with an Active stage designation, rent grew 26.2%, and affordability (income-to-price ratio) improved from 113.6 in 2011 to 75.5 in 2021.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+1,454
Net Internal / yr
-250
Gentrification Signal
New development
Safety & Crime
Total Offences
229
Year ending June 2024
Rate per 1,000 People
79.1
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 Notting Hill compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Notting Hill a good suburb to live in?
Notting Hill suits students and young professionals well. University qualifications reach 62.8%, which is 32.7 points above the national figure, and the IRSAD advantage decile is 7. The median age is 30, ten years below national, and 51.3% of residents rent. The suburb is car-dependent with 82.5% driving to work, and the crime rate of 79.1 per 1,000 residents is worth noting.
What is the median house price in Notting Hill?
The median house price was $997,500 in April-June 2024. That is down 13.3% from the 2023 peak of $1,151,000 but still 76.1% above the 2013 price of $566,500. Monthly mortgage repayments average $1,876. Weekly rent averages $371 across all dwelling types.
What schools are in Notting Hill?
No primary or secondary schools are recorded inside the Notting Hill boundary in this dataset. Families rely on schools in neighbouring Clayton and Mulgrave. The suburb sits adjacent to Monash University's Clayton campus, and 62.8% of residents hold university qualifications, which is 32.7 points above the national average.
Is Notting Hill safe?
The recorded crime rate is 79.1 incidents per 1,000 residents across 229 total incidents. Property and deception offences are the largest category at 154 incidents, followed by justice procedures offences at 28 and crimes against the person at 25. The suburb scores IRSAD decile 7 nationally, placing it in the upper-middle tier of relative advantage.
Is Notting Hill good for property investment?
The 51.3% renter share and proximity to Monash University provide a deep tenant pool. Rent grew 26.2% over the measured period and net overseas migration adds 1,454 residents annually to the surrounding area. The vacancy rate of 8.1% is above the balanced-market threshold, and the gross yield near 1.9% is modest. Long-run capital growth of 76.1% over 14 years supports the investment case.
How is Notting Hill's population changing?
The surrounding SA2 grew from 12,765 in 2023 to 14,911 in 2025, up 16.8% in two years. Medium forecasts project 16,313 residents by 2031 at 2.78% annual growth. Overseas migration drives all net growth at 1,454 per year, while internal migration shows a net outflow of 250. The 10-year population change is 42.8%, well above Victorian state averages.
What languages are spoken in Notting Hill?
62.2% of residents were born overseas, which is 40.6 points above the national figure. Mandarin is the most common non-English language with 211 speakers, followed by Sinhala at 111 and Cantonese at 54. Chinese ancestry accounts for 736 residents, the largest single ancestry group, followed by English at 435 and Indian at 229.
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), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), 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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