Monash Precinct

Victoria’s largest innovation and employment hub outside the CBD.

The Monash Precinct is Victoria’s largest employment hub outside Melbourne’s CBD. It is a nationally significant centre for research-led industry.

Anchored by world-class education, health and science institutions, it is evolving into Melbourne’s epicentre for innovation across health, medicine, advanced materials and manufacturing.

Its strength lies in the scale and depth of collaboration between government, industry and academia - supporting commercialisation, talent attraction and long-term investment.

From 2035, the Suburban Rail Loop will deliver a dedicated station at Monash University, directly connecting the precinct to key employment, health and education centres across Melbourne - strengthening access to talent, partners and markets.

We can help you identify the right location, partners or research infrastructure within the Monash Precinct.

At a glance

• Victoria’s largest employment hub outside the CBD
• Located 20km south-east of Melbourne’s CBD
• Home to 203,500 residents and 24,000 businesses, supporting 128,000 jobs - highest concentration outside the Melbourne CBD
• Projected to support an additional 162,000 jobs by the 2050s
• Home to over 200 research organisations and laboratories
• Future access via 2 Suburban Rail Loop train stations – SRL Clayton and SRL Monash.
• Industry focus: medicine, advanced materials, and manufacturing

Why Monash Precinct?

Scale, certainty and long-term growth

• Highest employment concentration outside the Melbourne CBD, with over 24,000 businesses supporting nearly 128,000 jobs.
• The Monash National Employment and Innovation Area, spanning Clayton and Huntingdale, supports around 75,000 jobs across a wide range of industries and contributes over $9.4 billion annually to Victoria’s economy.
• Monash University anchors the precinct with global research capability and a strong industry engagement model.
• Long term government commitment to infrastructure, urban renewal and transit-oriented development.

Major anchors include:

• Moderna – established the Southern Hemisphere’s first commercial-scale mRNA manufacturing facility, producing up to 100 million vaccine doses annually.
• Johnson & Johnson Innovation – supporting global health innovation and collaboration.
• Moog Australia – Asia-Pacific headquarters for defence technologies and precision systems.
• Textron Systems Australia – developer of advanced Unmanned Aerial Systems for defence and commercial markets
• Formero – Australia’s leading additive manufacturing and 3D printing service bureau.
• Unique Micro Design – long-standing innovator in Internet of Things (IoT) engineering and manufacturing.

A globally connected innovation ecosystem

• Deep integration between world-class research institutions, hospitals, industry partners and startups.
• Proven pathways from research to commercialisation across health, biotech, advanced manufacturing and defence.
• An ecosystem designed to support co-location, collaboration and scale-up, not just early-stage activity.
• CSIRO’s largest manufacturing research facility drives innovation in advanced materials, biomedical technologies and industrial applications.
• The Australian Synchrotron, operated by the Australian Nuclear Science and Technology Organisation (ANSTO), provides industry and researchers with access to world-leading analytical tools.
• A dense cluster of specialist institutes drive breakthroughs across biotechnology, materials science, and regenerative medicine, including:
  • Melbourne Centre for Nanofabrication
  • Australian Regenerative Medicine Institute
  • Monash Biomedicine Discovery Institute
  • Monash Biomedical Proteomics Facility
• The Monash Tech School supports long-term workforce development through hands-on science, technology, engineering and mathematics education.

Talent attraction powered by connectivity

• Anchored by Monash University, Australia’s largest university by enrolment, with strong Indo-Pacific and global research links.
• A pipeline of future skills through research institutes, industry training and STEM education.
• The Suburban Rail Loop will dramatically improve access to labour markets and partner organisations across Melbourne.

Key precinct zones for consideration

Clayton Health and Education Research Precinct

One of Australia’s most advanced health and research clusters bringing together:

• Monash University
• Australian Synchrotron
• CSIRO’s manufacturing research facility
• Monash Children’s Hospital
• Victorian Heart Hospital

This co-location delivers unmatched scale and depth for clinical research, health technology development and translational science.

Monash Technology Precinct

A globally recognised centre for advanced manufacturing and materials science, home to:

• Johnson & Johnson Innovation
• Moderna’s new vaccine manufacturing facility
• Melbourne Centre for Nanofabrication

The precinct supports industry-scale research, prototyping and commercial production.

Monash University Business Precinct

A commercialisation-focused environment supporting industry collaboration, including:

• Monash Enterprise Quarter
• The Generator startup hub
• Small-medium enterprises spinouts and industry partners working directly with university research teams.

Monash National Employment and Innovation Area

• Spanning Clayton and Huntingdale, this area supports around 75,000 jobs across manufacturing, logistics, technology, health and professional services.

Recent and ongoing investment

• Suburban Rail Loop East (SRL) – major city-shaping transport infrastructure centred on SRL Clayton and Monash stations.
• Monash Central – development of a high density town centre.
• Moderna – A $2 billion, 10-year strategic partnership with the Commonwealth and Victorian Governments to establish the Southern hemisphere’s first commercial-scale mRNA manufacturing facility at Monash.

Talk to us about opportunities in the Monash Precinct.

Get tailored advice, introductions and support to help you establish or expand your investment in Melbourne’s largest innovation and employment hub outside the CBD.