Denman Prospect

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 was around 6162 as of Nov 2025. This reflected an increase of 3403 people (123.3%) since the 2021 Census, which reported a population of 2759 people. The change was inferred from the estimated resident population of 4888 from the ABS as of June 2024 and an additional 1337 validated new addresses since the Census date. This level of population equated to a density ratio of 1300 persons per square kilometer, which was above the average seen across national locations assessed by AreaSearch. Denman Prospect's 123.3% growth since the 2021 census exceeded the state (5.9%), along with 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 adopted 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, were adopted. Examining future population trends, exceptional growth, placing in the top 10 percent of Australian statistical areas, was predicted over the period with the area expected to grow by 7743 persons to 2041 based on the latest annual ERP population numbers, reflecting a gain of 105.0% 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 approval for approximately 438 residential properties each year. Over the past five financial years, from FY21 to FY25, a total of 2,190 homes were approved, with an additional 368 approved in FY26 so far. On average, over these five years, 1.9 new residents per dwelling have been recorded annually.

This indicates balanced supply and demand, maintaining stable market conditions, with new dwellings developed at an average cost of $228,000 each. In the current financial year, Denman Prospect has seen $51.8 million in commercial development approvals, suggesting strong local business investment. Compared to the Australian Capital Territory, Denman Prospect shows 254.0% higher building activity per person, offering greater choice for buyers despite recent moderation in development activity. Recent construction in Denman Prospect comprises 33.0% detached houses and 67.0% attached dwellings, marking a shift from the current housing pattern of 49.0% houses. This focus on higher-density living aims to provide more affordable entry points for downsizers, investors, and first-home buyers, potentially due to diminishing developable land availability. The location has approximately 12 people per dwelling approval, indicating an expanding market. By 2041, Denman Prospect is projected to grow by 6,469 residents, according to the latest AreaSearch quarterly estimate.

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

Denman Prospect has emerging levels of nearby infrastructure activity, ranking in the 32ndth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 9 projects likely affecting the region. Notable initiatives include Molonglo River Bridge and John Gorton Drive Extension, Denman Apartments, The Borough, and Denman Prospect (Suburb Development). Relevant projects are listed below.

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

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The exceptional employment performance in Denman Prospect places it among Australia's strongest labour markets

Denman Prospect has a highly educated workforce with professional services well represented. Its unemployment rate was 1.8% in the past year.

Employment growth was estimated at 3.2%. As of September 2025, 3,108 residents were employed, with an unemployment rate of 1.7%, below the Australian Capital Territory's (ACT) rate of 3.6%. Workforce participation was 82.9% compared to ACT's 69.6%. Leading industries included public administration & safety, professional & technical, and health care & social assistance.

Professional & technical employment was particularly high at 1.4 times the regional level, while education & training was under-represented at 5.8% compared to ACT's 9.6%. From September 2024 to September 2025, employment levels increased by 3.2%, labour force by 3.8%, and unemployment rose by 0.6 percentage points. In contrast, ACT experienced employment growth of 1.4% and labour force growth of 1.2%, with a 0.2 percentage point drop in unemployment. By November 25, ACT employment grew by 1.19% year-on-year, adding 710 jobs, with an unemployment rate of 4.5%. Nationally, the unemployment rate was 4.3%, and employment growth outpaced the national average of 0.14%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Denman Prospect's employment mix suggests local employment should increase by 7.0% over five years and 14.1% over ten years, assuming constant population projections for illustrative purposes.

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

The median taxpayer income in Denman Prospect SA2 was $93,675 with an average of $111,440 according to AreaSearch's aggregation of postcode level ATO data for the financial year 2022. Nationally, this is exceptionally high compared to the Australian Capital Territory's median income of $68,678 and average income of $83,634. By September 2025, estimates suggest the median income would be approximately $106,415 and the average $126,596 based on a 13.6% increase from the financial year 2022 according to the Wage Price Index. Census data places household, family, and personal incomes in Denman Prospect between the 98th and 99th percentiles nationally. In this area, 36.6% of individuals (2,255 people) fall within the $4000+ income range, contrasting with regional levels where the dominant income range is $1,500 - $2,999 at 34.3%. Notably, 55.4% earn above $3,000 weekly. High housing costs consume 15.8% of income, yet strong earnings place disposable income at the 97th 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

Dwelling structure in Denman Prospect, as per the latest Census, consisted of 48.6% houses and 51.3% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Australian Capital Territory had 40.9% houses and 59.2% other dwellings. Home ownership in Denman Prospect was at 6.7%, with the rest being mortgaged (78.7%) or rented (14.6%). The median monthly mortgage repayment was $2,400, above Australian Capital Territory's average of $2,099. Median weekly rent was $498, compared to Australian Capital Territory's $472. Nationally, Denman Prospect's mortgage repayments were higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

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

Family households comprise 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 make up 21.7%, with lone person households at 18.8% and group households comprising 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 higher than broader benchmarks. As of 2016, 62.6% of residents aged 15 years and over held university qualifications, compared to 30.4% nationally and 46.8% in the SA4 region. This high level of educational attainment positions Denman Prospect favourably for knowledge-based opportunities. Bachelor degrees were the most prevalent at 33.9%, followed by postgraduate qualifications (23.3%) and graduate diplomas (5.4%).

Vocational pathways accounted for 18.9% of qualifications among those aged 15 years and over, with advanced diplomas making up 9.1% and certificates 9.8%. Educational participation was high in Denman Prospect, with 33.8% of residents enrolled in formal education as of 2016. This included 13.4% in primary education, 6.9% in tertiary education, and 5.7% pursuing secondary education.

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

The analysis of public transport in Denman Prospect shows that there are currently 14 active transport stops operating within the area. These stops serve a mix of bus routes, with three individual routes providing a total of 658 weekly passenger trips. The accessibility to these transport services is rated as good, with residents typically located an average of 233 meters from the nearest stop.

On average, there are approximately 94 trips per day across all routes, which equates to about 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 shows excellent results across Denman Prospect, with very low prevalence of common health conditions across all age groups. Approximately 76% of the total population of 4,695 has private health cover, compared to 70.6% in the Australian Capital Territory and a national average of 55.3%. Mental health issues and asthma are the most common medical conditions, affecting 7.0% and 6.3% of residents respectively.

81.5% of residents declare themselves completely clear of medical ailments, compared to 80.0% across the Australian Capital Territory. The area has 4.7%, or 290 people, aged 65 and over. Health outcomes among seniors are particularly strong, 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

In Denman Prospect, cultural diversity is notable with 42.8% of residents born overseas and 46.1% speaking a language other than English at home. Christianity is the predominant religion, comprising 30.6% of the population. Hinduism stands out at 14.5%, higher than the Australian Capital Territory average of 12.7%.

The top three ancestry groups are Australian (16.9%), Other (16.8%), and English (16.0%). Some ethnic groups show significant differences: Sri Lankan is overrepresented at 1.8% (vs regional 0.9%), Indian at 11.4% (vs 9.0%), and Croatian at 1.5% (vs 0.7%).

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 younger than the Australian Capital Territory average of 35 and significantly below the Australian median of 38. Compared to the Australian Capital Territory, Denman Prospect has a higher proportion of residents aged 35-44 (24.9%), but fewer residents aged 55-64 (5.0%). This concentration of 35-44 year-olds is notably above the national average of 14.2%. According to post-2021 Census data, demographic aging is evident with the median age increasing from 31 to 32 years. The 45 to 54 age group has grown from 8.9% to 11.7%, while the 65 to 74 cohort has increased from 2.2% to 3.6%. Conversely, the 25 to 34 age group has decreased from 24.0% to 20.6%, and the 0 to 4 age group has dropped from 9.7% to 7.3%. Population forecasts for 2041 indicate substantial demographic changes in Denman Prospect, with the strongest projected growth in the 35 to 44 age cohort, which is expected to grow by 94%, adding 1,443 residents to reach a total of 2,976.