4/381 Elgar Road

Mont Albert VIC 3127

The size of Mont Albert is approximately 1.7 square kilometres. It has 5 parks covering nearly 2.4% of total area. The population of Mont Albert in 2011 was 4,954 people. By 2016 the population was 4,854 showing a population decline of 2.0% in the area during that time. The predominant age group in Mont Albert is 40-49 years. Households in Mont Albert are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mont Albert work in a professional occupation. In 2011, 71.4% of the homes in Mont Albert were owner-occupied compared with 70% in 2016.

Mont Albert has 2,801 properties. Over the last 5 years, Houses in Mont Albert have seen a 8.51% increase in median value, while Units have seen a 4.46% increase. As at 30 November 2024:

• The median value for Houses in Mont Albert is $2,244,986 while the median value for Units is $818,173.
• Houses have a median rent of $850 while Units have a median rent of $580.