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City of Monash

Economic Profile

An overview of headline economic indictors relating to the City of Monash located in Melbourne's south-eastern suburbs.
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Greater Melbourne
City of Monash

Economic Growth

+3.3% p.a.

5 year average 

+3.3% (Greater Melbourne)

Gross Regional Product

+2.0%

Annual Growth

+3.6% p.a.

5 year average 

+2.9% (Greater Melbourne)

Local Jobs

$18.3B

2019/20

-0.6%

Annual Growth

Gross Regional Product

Local Jobs

144,478

2019/20

+2.0%

Annual Growth

Business Numbers

22,707

2020

+2.7%

Annual Growth

Employment

Top Employing Industries

Jobs Growth Last Five Years*

Healthcare and Social Assistance

Education and Training

Manufacturing

Retail Trade

*Industries > 1% share of jobs

Economic Geography

Top Employing Industries

Top Business Locations

Workforce Characteristics

Demographics

Education Level

Median Age

Occupations

41

42

Greater Melbourne 37%

42% Overseas Born

54

Greater Melbourne - 39%

Greater Melbourne - 27%

Destination of Output

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$24.0B

2019/20

$10.5B

2019/20

$2.9B

2019/20

Greater Melbourne 

43 years

Income Quartiles

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47%

Female

53% 

Male

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Greater Melbourne 

48% I 52%

22% are local residents

On average 39% of workers in Greater Melbourne also live in that LGA