Denman Prospect
Statistical Area - sa2

Denman Prospect lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

Based on AreaSearch's analysis, Denman Prospect's population is around 5,520 as of August 2025. This reflects an increase of 2,761 people (100.1%) since the 2021 Census, which reported a population of 2,759 people. The change is inferred from the estimated resident population of 4,888 from the ABS as of June 2024 and an additional 1,108 validated new addresses since the Census date. This level of population equates to a density ratio of 1,164 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Denman Prospect's 100.1% growth since the 2021 census exceeded the state (5.7%), and the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration that contributed approximately 90.2% of overall population gains during recent periods, although all drivers including natural growth and overseas migration were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, age group growth rates from the ACT Government's SA2 area projections, with 2022 as a base, are adopted. As we examine future population trends, exceptional growth, placing in the top 10 percent of Australian statistical areas, is predicted over the period with the area expected to grow by 7,743 persons to 2041 based on the latest population numbers, recording a gain of 128.8% in total over the 17 years.

The level of residential development activity in Denman Prospect was found to be higher than 90% of real estate markets across the country

Denman Prospect has granted approximately 438 residential approvals annually. The Australian Bureau of Statistics reports that between fiscal years 2021 to 2025, around 2,190 homes were approved, with an additional 208 approved in fiscal year 2026. On average, about 1.9 people moved to the area annually for each dwelling built during these five years. This suggests a balance between supply and demand, maintaining stable market conditions.

The average construction value of new properties is approximately $382,000. In fiscal year 2026, commercial approvals totalled $51.8 million, indicating high local commercial activity. Compared to the Australian Capital Territory, Denman Prospect has shown 254.0% higher building activity per capita. Recent construction comprises 33.0% detached houses and 67.0% attached dwellings, a shift from the current 49.0% house dominance. This change reflects evolving lifestyle preferences and housing affordability needs, as well as diminishing developable land availability. The area has approximately 12 people per dwelling approval, indicating an expanding market. By 2041, Denman Prospect is projected to grow by 7,111 residents.

With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers and potentially enabling population growth that exceeds forecasts.

Denman Prospect has strong levels of nearby infrastructure activity, ranking in the top 40% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified eight projects expected to impact the region. Notable ones include Molonglo River Bridge and John Gorton Drive Extension, Denman Apartments, The Borough, and Denman Prospect (Suburb Development). Relevant projects are detailed below.

Professional plan users can use the search below to filter and access additional projects.

The labour market strength in Denman Prospect positions it well ahead of most Australian regions

Denman Prospect has a highly educated workforce with strong representation in professional services. Its unemployment rate is 1.8%, lower than the Australian Capital Territory's (ACT) 3.4%.

In June 2025, there were 2,681 residents employed with an unemployment rate of 1.6%, below ACT's rate. Workforce participation was 82.9% compared to ACT's 69.6%. Leading industries include public administration & safety, professional & technical services, and health care & social assistance. The area specializes in professional & technical jobs, with an employment share of 1.4 times the regional level.

However, education & training is under-represented at 5.8% compared to ACT's 9.6%. Employment opportunities seem limited locally based on Census data. From June 2024 to June 2025, employment levels increased by 1.1%, labour force by 1.6%, and unemployment rose by 0.5 percentage points. In contrast, ACT experienced employment growth of 1.9% and a drop in unemployment by 0.3 percentage points. As of Sep-25, ACT's employment contracted by 0.33% (losing 1,480 jobs), with an unemployment rate of 4.2%, compared to the national rate of 4.5%. National employment forecasts from May 2025 suggest growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Denman Prospect's employment mix indicates local growth could be approximately 7.0% over five years and 14.1% over ten years, based on simple weighting extrapolation for illustrative purposes.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

Denman Prospect had a median taxpayer income of $93,675 and an average income of $111,440 in financial year 2022. These figures are notably higher than the Australian Capital Territory's median income of $68,678 and average income of $83,634. By March 2025, these incomes would have increased to approximately $103,773 (median) and $123,453 (average), based on a 10.78% growth rate since financial year 2022. Census data places Denman Prospect's household, family, and personal incomes in the top 98th to 99th percentiles nationally. In this area, 36.6% of individuals earn within the $4000+ income range, unlike regional levels where the dominant range is $1,500 - 2,999 with 34.3%. Notably, 55.4% earn above $3,000 weekly. Housing costs consume 15.8% of income, but strong earnings place disposable income at the 98th percentile. The area's SEIFA income ranking places it in the 10th decile.

Denman Prospect displays a diverse mix of dwelling types, with ownership patterns similar to the broader region

In Denman Prospect, as recorded in the latest Census, 48.6% of dwellings were houses while 51.3% comprised semi-detached homes, apartments, and other types. This compares to the Australian Capital Territory's figures of 40.9% houses and 59.2% other dwellings. Home ownership in Denman Prospect stood at 6.7%, with mortgaged dwellings at 78.7% and rented ones at 14.6%. The median monthly mortgage repayment was $2,400, surpassing the Australian Capital Territory average of $2,099. Weekly rent in Denman Prospect was recorded at $498, compared to the Australian Capital Territory's $472. Nationally, Denman Prospect's mortgage repayments were significantly higher than the Australian average of $1,863, and rents substantially exceeded the national figure of $375.

Denman Prospect features high concentrations of family households, with a higher-than-average median household size

Family households constitute 78.3% of all households, including 43.9% couples with children, 24.8% couples without children, and 8.3% single parent families. Non-family households comprise the remaining 21.7%, with lone person households at 18.8% and group households at 3.1%. The median household size is 2.8 people, larger than the Australian Capital Territory average of 2.7.

Denman Prospect demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Educational attainment in Denman Prospect is notably high, with 62.6% of residents aged 15+ holding university qualifications, compared to 30.4% nationally and 46.8% in the SA4 region. Bachelor degrees are most common at 33.9%, followed by postgraduate qualifications (23.3%) and graduate diplomas (5.4%). Vocational pathways account for 18.9% of qualifications, including advanced diplomas (9.1%) and certificates (9.8%). Educational participation is high, with 33.8% of residents currently enrolled in formal education, including primary (13.4%), tertiary (6.9%), and secondary education (5.7%).

Evelyn Scott School serves Denman Prospect, enrolling 584 students as of a recent report. The area has significant socio-educational advantages, with an ICSEA score of 1114. All schools offer integrated K-12 education, providing continuity throughout students' academic journey. Denman Prospect functions as an education hub, with 10.6 school places per 100 residents, significantly above the regional average of 6.0, attracting students from surrounding communities.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

The public transport analysis conducted in Denman Prospect indicates that there are currently 14 active transport stops operating within the area. These stops serve a mix of bus routes, with a total of 3 individual routes providing service. The combined weekly passenger trips facilitated by these routes amount to 658.

The accessibility of transport in Denman Prospect is rated as good, with residents on average being located approximately 233 meters from the nearest transport stop. The service frequency across all routes averages 94 trips per day, which equates to roughly 47 weekly trips per individual stop.

Denman Prospect's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data for Denman Prospect shows excellent results across all age groups, with a very low prevalence of common health conditions. The rate of private health cover is exceptionally high at approximately 76% of the total population of 4,206 people, compared to 70.6% in the Australian Capital Territory and the national average of 55.3%. The most prevalent medical conditions are mental health issues affecting 7.0% of residents and asthma impacting 6.3%, while 81.5% declare themselves completely clear of medical ailments, compared to 80.0% in the Australian Capital Territory.

As of 2021, 4.7% of residents are aged 65 and over (259 people), with health outcomes among seniors being particularly strong and broadly in line with the general population's health profile.

Denman Prospect is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Denman Prospect's cultural diversity is notable, with 42.8% of its population born overseas and 46.1% speaking a language other than English at home. Christianity is the dominant religion in Denman Prospect, comprising 30.6% of its population. Hinduism is notably overrepresented compared to the Australian Capital Territory average, making up 14.5% versus 12.7%.

The top three ancestry groups are Australian (16.9%), Other (16.8%), and English (16.0%). Significant differences exist in the representation of certain ethnicities: Indian is overrepresented at 11.4%, Sri Lankan at 1.8%, and Croatian at 1.5%.

Denman Prospect hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Denman Prospect's median age is 32 years, which is slightly younger than the Australian Capital Territory average of 35 and substantially under the Australian median of 38. Compared to the Australian Capital Territory, Denman Prospect has a higher concentration of 35-44 year-olds (24.9%) but fewer 55-64 year-olds (5.0%). This concentration is well above the national average of 14.2%. According to post-2021 Census data, demographic aging is evident with the median age advancing from 31 to 32 years. Notable shifts include the 45 to 54 age group growing from 8.9% to 11.7%, and the 65 to 74 cohort increasing from 2.2% to 3.6%. Conversely, the 25 to 34 cohort declined from 24.0% to 20.6%, and the 0 to 4 group dropped from 9.7% to 7.3%. Population forecasts for 2041 indicate substantial demographic changes for Denman Prospect, with the 35 to 44 cohort showing the strongest projected growth at 117%, adding 1,603 residents to reach 2,976.