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

Denman Prospect's population, as of November 2025, is approximately 6,162 people. This figure represents a significant increase from the 2021 Census, which reported a population of 2,759 people. The growth of 3,403 people (123.3%) since the census is inferred from ABS estimates and new address validations. As of June 2024, Denman Prospect had an estimated resident population of 4,888, with an additional 1,337 validated new addresses since the Census date. This results in a population density ratio of 1,300 persons per square kilometer, higher than the average seen across national locations assessed by AreaSearch. Denman Prospect's growth rate of 123.3% since the 2021 census exceeded both the state's growth rate of 5.9% and the SA4 region, making it a notable growth leader in the area.

Interstate migration was the primary driver of population growth, contributing approximately 90.2% of overall population gains during recent periods. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, age group growth rates from the ACT Government's SA2 area projections are adopted, using 2022 as the base year. Future population trends predict exceptional growth for Denman Prospect, with an expected increase of 7,743 persons to 2041 based on the latest population numbers, resulting in a total gain of 105.0% over the 17-year period.

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 property approvals annually. Over the past five financial years, from FY21 to FY25, a total of 2,190 homes were approved, with an additional 259 approved so far in FY26. On average, each dwelling constructed over these years has accommodated about 1.9 new residents per year.

This balance between supply and demand has maintained stable market conditions, with new dwellings developed at an average expected construction cost of $228,000. In the current financial year, commercial development approvals have reached $51.8 million, indicating robust 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. This level is notably above the national average, reflecting strong developer confidence in the area. Recent construction consists of 33.0% detached houses and 67.0% attached dwellings, marking a shift from existing housing patterns (currently 49.0% houses), suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs. The location has approximately 12 people per dwelling approval, indicating an expanding market. Looking ahead, Denman Prospect is projected to grow by 6,469 residents by 2041.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified nine projects that could affect this region. Notable ones are Molonglo River Bridge and John Gorton Drive Extension, Denman Apartments, The Borough, and Denman Prospect (Suburb Development). Below is a list of those most likely to be relevant.

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

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

Denman Prospect has a highly educated workforce with professional services well represented. Its unemployment rate was 1.8% in the past year, with an estimated employment growth of 1.1%.

As of June 2025, 2681 residents were employed, with an unemployment rate of 1.6%, below the Australian Capital Territory's (ACT) rate of 3.4%. Workforce participation was 82.9% in Denman Prospect compared to ACT's 69.6%. Leading employment industries among residents included public administration & safety, professional & technical services, and health care & social assistance. The area had a particular employment specialization in professional & technical services, with an employment share of 1.4 times the regional level.

However, education & training was under-represented, with only 5.8% of Denman Prospect's workforce compared to ACT's 9.6%. Limited local employment opportunities were indicated by the count of Census working population vs resident population. Between June 2024 and June 2025, employment levels increased by 1.1%, labour force increased by 1.6%, resulting in an unemployment rise of 0.5 percentage points. In contrast, ACT experienced employment growth of 1.9% and labour force growth of 1.6%, with a 0.3 percentage point drop in unemployment. Jobs and Skills Australia's national employment forecasts from May 2025 projected national employment growth of 6.6% over five years and 13.7% over ten years, but growth rates differed significantly between industry sectors. Applying these projections to Denman Prospect's employment mix suggested local growth of approximately 7.0% over five years and 14.1% over ten years.

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 of $111,440 in the financial year 2022. Nationally, these figures are 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 a median income of approximately $106,415 and an average of $126,596, based on Wage Price Index growth of 13.6% since financial year 2022. Census data indicates that household, family, and personal incomes in Denman Prospect rank highly nationally, between the 98th and 99th percentiles. In this area, 36.6% of individuals (2,255 people) fall within the $4000+ income range, unlike regional levels where the $1,500 - 2,999 range dominates with 34.3%. Notably, 55.4% earn above $3,000 weekly. High housing costs consume 15.8% of income, but strong earnings place disposable income at the 98th percentile nationally. 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 per the latest Census evaluation, 48.6% of dwellings were houses while 51.3% consisted of other types such as semi-detached units, apartments, and 'other' dwellings. This contrasts with 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 in the area was $2,400, surpassing the Australian Capital Territory average of $2,099. The median weekly rent was recorded at $498, compared to the Australian Capital Territory's figure of $472. Nationally, Denman Prospect's median monthly mortgage repayments are higher than the Australian average of $1,863, and 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 account for 78.3% of all households, including 43.9% that are couples with children, 24.8% that are couples without children, and 8.3% that are 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%. The median household size is 2.8 people, which is 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 years and over holding university qualifications, compared to the national average of 30.4% and the SA4 region's 46.8%. Bachelor degrees are the most common 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 years and over, with advanced diplomas making up 9.1% and certificates 9.8%. Educational participation is also 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. Evelyn Scott School serves Denman Prospect, enrolling 584 students as of a recent date. The area has significant socio-educational advantages and academic achievement (ICSEA: 1114). All schools offer integrated K-12 education for 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

Transport analysis indicates 14 active stops operating within Denman Prospect, consisting of bus services. These stops are served by three distinct routes, collectively facilitating 658 weekly passenger trips. Transport accessibility is rated good, with residents typically situated 233 meters from the nearest stop.

Service frequency averages 94 trips daily across all routes, equating to approximately 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 throughout Denman Prospect, with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 76% of the total population (4,695 people), compared to 70.6% across Australian Capital Territory and a national average of 55.3%. The most prevalent medical conditions are mental health issues and asthma, affecting 7.0 and 6.3% of residents respectively.

A significant majority, 81.5%, report being completely free from medical ailments, compared to 80.0% across Australian Capital Territory. As of the latest data, 4.7% of residents are aged 65 and over (290 people). Health outcomes among seniors align with those of 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 has high cultural diversity, with 42.8% of its population born overseas and 46.1% speaking a language other than English at home. Christianity is the predominant religion in Denman Prospect, comprising 30.6% of people. Hinduism is notably overrepresented at 14.5%, compared to 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 have notable divergences: Indian at 11.4% (vs regional 9.0%), Sri Lankan at 1.8% (vs regional 0.9%), and Croatian at 1.5% (vs regional 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 substantially under the Australian median of 38. Compared to the Australian Capital Territory, Denman Prospect has a higher concentration of 35-44 residents (24.9%) but fewer 55-64 year-olds (5.0%). This 35-44 concentration is well above the national average of 14.2%. Post-2021 Census data shows demographic aging with the median age advancing from 31 to 32 years between 2016 and 2021. Notable shifts include the 45 to 54 age group growing from 8.9% to 11.7%, while the 65 to 74 cohort increased 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 projected to grow by 94%, adding 1,443 residents to reach 2,976.