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 is around 6,414 as of Feb 2026. This reflects an increase of 3,655 people (132.5%) 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 1,427 validated new addresses since the Census date. This population level equates to a density ratio of 1,353 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. Denman Prospect's 132.5% growth since the 2021 census exceeded the state (6.7%) and the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration, which contributed approximately 90.2% of overall population gains during recent periods, although all drivers including natural growth and overseas migration were positive factors.

AreaSearch adopts 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. Looking at population projections moving forward, exceptional growth, placing in the top 10 percent of national statistical areas, is predicted over the period, with the area expected to expand by 7,743 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 96.9% 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 experienced around 438 dwellings receiving development approval annually, with 2,190 homes approved over the past 5 financial years (between FY-21 and FY-25) and 381 so far in FY-26. With an average of 1.9 people per year moving to the area for each dwelling built over the past 5 financial years (between FY-21 and FY-25), supply and demand seem well-matched, fostering stable market dynamics, while new homes are being built at an average value of $228,000. There have also been $51.8 million in commercial approvals this financial year, indicating strong commercial development momentum.

When measured against the Australian Capital Territory, Denman Prospect shows 254.0% higher construction activity (per person), offering buyers greater choice, though construction activity has eased recently. This level is well above average nationally, reflecting strong developer confidence in the area. Recent construction comprises 33.0% detached dwellings and 67.0% attached dwellings. This trend toward denser development provides accessible entry options and appeals to downsizers, investors, and entry-level buyers. This represents a notable shift from the area's existing housing (currently 49.0% houses), indicating decreasing availability of developable sites and reflecting changing lifestyles and the need for more diverse, affordable housing options. The location has approximately 12 people per dwelling approval, indicating an expanding market.

Future projections show Denman Prospect adding 6,217 residents by 2041 (from the latest AreaSearch quarterly estimate). At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

Denman Prospect has emerging levels of nearby infrastructure activity, ranking in the 22ndth percentile nationally

Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 9 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include Molonglo River Bridge and John Gorton Drive Extension, Denman Apartments, The Borough, and Denman Prospect (Suburb Development), with the list below detailing those likely to be of most relevance.

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

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Employment performance in Denman Prospect ranks among the strongest 15% of areas evaluated nationally

Denman Prospect possesses a highly educated workforce, with professional services showing strong representation, an unemployment rate of just 2.1%, and 1.1% in estimated employment growth over the past year. As of December 2025, 3,105 residents are in work while the unemployment rate is 1.7% below the Australian Capital Territory's rate of 3.8%, and workforce participation is well beyond standard (85.0% compared to the Australian Capital Territory's 72.6%). Based on Census responses, a moderate 13.7% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.

Leading employment industries among residents comprise public administration & safety, professional & technical, and health care & social assistance. The area has a particular employment specialization in professional & technical, with an employment share of 1.4 times the regional level. Meanwhile, education & training has a limited presence with 5.8% employment compared to 9.6% regionally. The predominantly residential area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.

Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, employment increased by 1.1% while the labour force increased by 2.0%, causing the unemployment rate to rise by 0.9 percentage points. By comparison, the Australian Capital Territory recorded employment growth of 0.9%, labour force growth of 1.2%, with unemployment rising 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Denman Prospect. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Denman Prospect's employment mix suggests local employment should increase by 7.0% over five years and 14.1% over ten years (please note this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections).

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

The Denman Prospect SA2 shows a median taxpayer income of $96,879 and an average of $112,798 according to the latest postcode level ATO data aggregated by AreaSearch for FY-23. This is among the top percentile nationally, contrasting with the Australian Capital Territory's median income of $72,206 and average income of $85,981. Based on Wage Price Index growth of 9.26% since FY-23, current estimates would be approximately $105,850 (median) and $123,243 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes all rank highly in Denman Prospect, between the 98th and 99th percentiles nationally. Distribution data shows the largest segment comprises 36.6% earning $4000+ weekly (2,347 residents), diverging from the surrounding region where the $1,500 - 2,999 category predominates at 34.3%. The substantial proportion of high earners (55.4% above $3,000/week) indicates strong economic capacity throughout the area. High housing costs consume 15.8% of income, though strong earnings still place disposable income at the 97th percentile and 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 within Denman Prospect, as evaluated at the latest Census, comprised 48.6% houses and 51.3% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to the Australian Capital Territory's 63.3% houses and 36.7% other dwellings. Meanwhile, the level of home ownership within Denman Prospect was lagging that of the Australian Capital Territory, at 6.7%, with the remainder of dwellings either mortgaged (78.7%) or rented (14.6%). The median monthly mortgage repayment in the area was well above the Australian Capital Territory average at $2,400, while the median weekly rent figure was recorded at $498, compared to the Australian Capital Territory's $2,080 and $450. Nationally, Denman Prospect's mortgage repayments are significantly higher than the Australian average of $1,863, while rents are 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 dominate at 78.3% of all households, comprising 43.9% couples with children, 24.8% couples without children, and 8.3% single parent families. Non-family households make up the remaining 21.7%, with lone person households at 18.8% and group households comprising 3.1% of the total. The median household size of 2.8 people is larger than the Australian Capital Territory average of 2.5.

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 significantly surpasses broader benchmarks, with 62.6% of residents aged 15+ holding university qualifications compared to 30.4% in Australia and 46.8% in the SA4 region. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 33.9%, followed by postgraduate qualifications (23.3%) and graduate diplomas (5.4%). Vocational pathways account for 18.9% of qualifications among those aged 15+ – advanced diplomas (9.1%) and certificates (9.8%).

Educational participation is notably high, with 33.8% of residents currently enrolled in formal education. This includes 13.4% in primary education, 6.9% in tertiary education, and 5.7% pursuing secondary education.

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

Public transport analysis reveals 14 active transport stops operating within Denman Prospect, comprising a mix of buses. These stops are serviced by 45 individual routes, collectively providing 3,796 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 233 meters from the nearest transport stop. As a primarily residential area, most residents commute outward; the car remains the dominant mode at 91%, with 6% by bus. Vehicle ownership averages 1.4 per dwelling. Some 13.7% of residents work from home (2021 Census; may reflect COVID-19 conditions).

Service frequency averages 542 trips per day across all routes, equating to approximately 271 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 demonstrates outstanding results across Denman Prospect, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. There is a very low prevalence of common health conditions across all age groups, and the rate of private health cover is exceptionally high at approximately 76% of the total population (4,881 people). This compares to 62.4% across the Australian Capital Territory. The national average is 55.7%.

The most common medical conditions in the area were found to be mental health issues and asthma, impacting 7.0 and 6.3% of residents, respectively, while 81.5% declared themselves as completely clear of medical ailments compared to 70.2% across the Australian Capital Territory. The area has 5.3% of residents aged 65 and over (342 people), which is lower than the 14.3% in the Australian Capital Territory. Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general population.

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 scores highly on cultural diversity, with 42.8% of its population born overseas and 46.1% speaking a language other than English at home. The main religion in Denman Prospect is Christianity, making up 30.6% of the population. However, the most apparent overrepresentation is in Hinduism, which comprises 14.5% of the population, substantially higher than the Australian Capital Territory average of 4.8%.

In terms of ancestry (country of birth of parents), the top three represented groups in Denman Prospect are Australian at 16.9% of the population, which is notably lower than the regional average of 23.0%, Other at 16.8%, and English at 16.0%, which is notably lower than the regional average of 23.3%. Additionally, there are notable divergences in the representation of certain other ethnic groups: Sri Lankan is overrepresented at 1.8% of Denman Prospect (vs 0.4% regionally), Indian at 11.4% (vs 3.3%), and Croatian at 1.5% (vs 0.9%).

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

At 32 years, Denman Prospect's median age is slightly younger than the Australian Capital Territory average of 35 and is substantially under the Australian median of 38. Relative to the Australian Capital Territory, Denman Prospect has a higher concentration of 35 - 44 residents (24.8%) but fewer 15 - 24 year-olds (9.2%). This 35 - 44 concentration is well above the national 14.3%. Post-2021 Census data shows demographic aging is evident, with the median age advancing from 31 to 32 years. Notable shifts include the 45 to 54 age group, which has grown from 8.9% to 12.3% of the population, while the 65 to 74 cohort increased from 2.2% to 4.0%. Conversely, the 25 to 34 cohort has declined from 24.0% to 19.6% and the 0 to 4 group dropped from 9.7% to 7.1%. Population forecasts for 2041 indicate substantial demographic changes for Denman Prospect. The 35 to 44 cohort shows the strongest projected growth at 87%, adding 1,386 residents to reach 2,976.