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Suburb Insights ยท VIC 3129

Mont Albert North 3129, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Mont Albert North is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 5,609, making it a smaller community. Located approximately 13 km from the Melbourne CBD, Mont Albert North is a middle ring area in Victoria. The median household income is $113,568 AUD per year (ABS 2021 Census).

Investment Score

81 / 100 Strong

Above-average earnings in Mont Albert North support sustained property values. The short commute to the city centre is a key demand driver.

Location

Map shows Mont Albert North, Victoria, Australia.

Key Indicators

Postcode
3129

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

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Population
5,609

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

ABS Census Data โ†’
Median Rent (weekly)
$500/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
$113,568/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)
$2,817/mo

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

ABS Census Data โ†’
Dwelling Type
58% 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 North'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 $500/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,817/month. A median household income of $113,568/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Solid fundamentals in Mont Albert North support capital growth over a medium to long hold period.

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Rental Yield

Strong tenant demand in Mont Albert North underpins consistent rental income and low vacancy risk.

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Renovation / Flip

The resale market in Mont Albert North may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Mont Albert North property

Full Property Analysis

30-year projections for Mont Albert North

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

The outlook for capital growth in Mont Albert North is encouraging heading into 2026, driven by constrained supply and buyer competition. The rental market in Mont Albert North should see steady occupancy, with moderate upward pressure on rents. Confidence in Mont Albert North's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Mont Albert North a good suburb for investment?

Mont Albert North is a middle ring area in Victoria with a population of 5,609. The median rent is $500/week and the median household income is $113,568/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 North?

Key demand drivers in Mont Albert North include established amenities and transport access. 58% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Mont Albert North?

According to the ABS 2021 Census, Mont Albert North has a population of approximately 5,609. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Mont Albert North from the Melbourne CBD?

Mont Albert North 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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