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City of MonashPopulation forecast

Mount Waverley

Residential development

Residential development forecasts assume the number of dwellings in Mount Waverley will increase by an average of 99 dwellings per annum to 15,865 in 2041.

The addition of dwellings to the housing stock is a major driver of population growth in an area, providing opportunities for households to relocate from other areas or new households to form locally (such as young people leaving the family home or separations/divorces).

Residential development can take various forms depending on the availability of land. These include new housing estates on greenfield sites, subdivision in existing residential neighbourhoods (often called infill development), conversion of industrial lands to residential lands, and densification of housing by building up.

This table shows the quantity of new development assumed in each small area in the City of Monash. Select each small area to see detailed assumptions.

List of forecast land developments and infill assumptions:

2022 dwelling additions are based on building approvals, lagged by 12-18 months. From 2022 onwards:

  • Mount Waverley mixed use - speculative - 11 dwellings (2021-2023)
  • Pinewood Shopping Centre - highly speculative - 109 dwellings (2025-2039)
  • 2-4 Oxford Street - 17 dwellings (2026)
  • Mount Waverly Village Shopping Centre - speculative - 119 dwellings (2029-2041)
  • Jordanville Station potential - 167 dwellings (2030-2041)
  • Mount Waverley - speculative - 12 dwellings (2032-2035)
  • Mount Waverley - Stewart Street industrial - 16 dwellings (2032-2037)
  • Mount Waverley - High St Rd speculative - 13 dwellings (2034-2038)
  • Mount Waverly Village Shopping Centre - speculative - 119 dwellings (2029-2041)
  • Glen Waverley - speculative - 11 dwellings (2039-2040)
  • Small sites - 8 dwellings
  • High level of infill (65-80 dwellings per annum)

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