Monash · Council (LGA)
How well-off the area is, how fast its population is growing, and the businesses and new homes here.
A top score of 10 for overall advantage makes Monash one of the most prosperous areas in the country. The region combines high levels of wealth and education with a rapidly growing population of over 211,000 people.
All council (lga) areas, 2021. The marker is Monash — higher than 99% of areas.
SEIFA indexes ranking relative advantage and disadvantage.
The area is among the most advantaged in Australia, scoring a 10 for both overall advantage and education and job skills. This is reflected in an overall advantage score of 1,067, which is among the highest at this level.
10
Higher than 99% of council (lga) areas.
ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the 10% most advantaged. IRSAD summarises both advantage and disadvantage, so a high score reflects relatively many high-income, well-educated households and few low-income, low-skill ones.
9
Higher than 86% of council (lga) areas.
ABS Index of Relative Socio-economic Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the least disadvantaged. IRSD focuses on disadvantage alone (low income, low education, unemployment, unskilled occupations), so a higher decile means relatively less disadvantage.
8
Higher than 71% of council (lga) areas.
ABS Index of Economic Resources, 2021, as a national decile: 1 = among the 10% lowest areas for economic resources in Australia, 10 = among the highest. IER reflects the income, housing costs, dwelling size and assets of households, so a higher decile means relatively greater economic resources.
10
Higher than 99% of council (lga) areas.
ABS Index of Education and Occupation, 2021, as a national decile: 1 = among the 10% lowest areas for education and occupation in Australia, 10 = among the highest. IEO reflects residents' qualifications and the skill level of their jobs, so a higher decile means a more highly educated and skilled workforce.
1,067
Higher than 90% of council (lga) areas.
ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a raw index score (standardised so the Australian average is about 1000). Higher scores indicate relatively greater advantage; lower scores greater disadvantage.
Annual population estimates and change since the census.
Population growth has been strong, rising by 9.8% since 2021. This is much higher than most other areas and a little above the Victorian figure of 8.0%.
211,833
Higher than 87% of council (lga) areas.
Estimated resident population (ABS), 2025.
9.8%
Higher than 87% of council (lga) areas.
Population growth since the 2021 Census, from ABS annual estimates.
Operating businesses and dwellings approved.
Monash is a major hub with 25,641 businesses. There is also significant development underway, with 871 new dwellings approved, a figure larger than about 89% of similar areas.
25,641
Higher than 87% of council (lga) areas.
Operating businesses (ABS Counts of Australian Businesses), June 2025.
871
Higher than 86% of council (lga) areas.
Dwelling units approved in 2024-25 (ABS Building Approvals).
Australian Bureau of Statistics. (2021). Economy & Advantage in Monash [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/lga/LGA24970/monash/topic/economy-advantage
