1996년 행정 구역 개편으로 양산군이 양산시로 승격됨과 더불어 물금면도 물금읍으로 승격되었다.
In 1996, Yangsan-gun was promoted to Yangsan-si due to the reorganization of the administrative district, and Mulgeum-myeon was also promoted to Mulgeum-eup.