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Suburb Insights ยท VIC 3127

Mont Albert 3127, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mont Albert is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 4,948, making it a boutique locality. Located approximately 13 km from the Melbourne CBD, Mont Albert is a middle ring area in Victoria. The median household income is $120,848 AUD per year (ABS 2021 Census).

Investment Score

82 / 100 Strong

Mont Albert benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Mont Albert, Victoria, Australia.

Key Indicators

Postcode
3127

Official Australia Post postcode for Mont Albert. A postcode may cover multiple suburbs.

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Population
4,948

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$451/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$120,848/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
13 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,500/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
48% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Mont Albert's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $451/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,500/month. A median household income of $120,848/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Mont Albert is a natural candidate for patient investors.

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Rental Yield

Mont Albert's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Renovation or flip strategies in Mont Albert face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Mont Albert property

Full Property Analysis

30-year projections for Mont Albert

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Mont Albert is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Overall, investor sentiment toward Mont Albert is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Mont Albert a good suburb for investment?

Mont Albert is a middle ring area in Victoria with a population of 4,948. The median rent is $451/week and the median household income is $120,848/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Mont Albert?

Key demand drivers in Mont Albert include established amenities and transport access. 48% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Mont Albert?

According to the ABS 2021 Census, Mont Albert has a population of approximately 4,948. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mont Albert from the Melbourne CBD?

Mont Albert is approximately 13 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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