Monbulk Suburb Profile

Victoria 3793

Monbulk has 1,654 properties. Over the last 5 years, Houses in Monbulk have seen a 36.72% increase in median value, while Units have seen a 36.27% increase. As at 31 May 2024:

• The median value for Houses in Monbulk is $869,484 while the median value for Units is $646,064.
• Houses have a median rent of $613 while Units have a median rent of $5,280.

The size of Monbulk is approximately 20.3 square kilometres. It has 12 parks covering nearly 6.2% of total area. The population of Monbulk in 2011 was 3,456 people. By 2016 the population was 3,583 showing a population growth of 3.7% in the area during that time. The predominant age group in Monbulk is 40-49 years. Households in Monbulk are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Monbulk work in a trades occupation. In 2011, 81.4% of the homes in Monbulk were owner-occupied compared with 79.4% in 2016.