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

Denman Prospect's population is approximately 6,095 as of May 2026. This figure represents a growth of 3,336 people since the 2021 Census, which recorded a population of 2,759. The increase was inferred from an estimated resident population of 5,608 in June 2025 and an additional 1,497 validated new addresses post-Census date. This results in a population density ratio of 1,285 persons per square kilometer, higher than the average seen across national locations assessed by AreaSearch. Denman Prospect's growth rate of 120.9% since the 2021 Census surpassed both the state (8.3%) and SA4 region averages, positioning it as a growth leader in the area. Interstate migration contributed approximately 85.3% to overall population gains during recent periods, with natural growth and overseas migration also being positive factors.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with 2022 as the base year. For areas not covered by this data or years post-2032, age group growth rates from ACT Government's SA2 area projections are adopted using 2022 as a base. Future population projections indicate exceptional growth, placing Denman Prospect in the top 10 percent of national statistical areas. The area is expected to expand by 7,398 persons to 2041 based on latest annual ERP population numbers, reflecting an increase of 111.7% over the 16-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 seen approximately 438 dwelling approvals annually. Over the past five financial years, from FY21 to FY25, around 2,190 homes were approved, with an additional 389 approved so far in FY26. On average, about 1.9 people have moved to the area per dwelling built over these five years.

This suggests a balanced supply and demand dynamic, fostering stable market conditions. The average construction cost of new homes is around $228,000. In commercial development, there have been $51.8 million in approvals this financial year, indicating strong momentum. Compared to the Australian Capital Territory, Denman Prospect shows 132.0% higher construction activity per person, offering buyers greater choice. Recent construction comprises 33.0% detached dwellings and 67.0% attached dwellings, reflecting a shift towards denser development to cater to downsizers, investors, and entry-level buyers. The location has approximately 12 people per dwelling approval, indicating an expanding market. Future projections estimate Denman Prospect will add around 6,806 residents by 2041.

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 29thth percentile nationally

The performance of a region can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified nine projects that are expected to impact this area. Notable projects include Molonglo River Bridge and John Gorton Drive Extension, Denman Apartments, The Borough, and S73 Denman Prospect. Below is a list detailing those projects likely to have the most relevance.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

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

Denman Prospect has a highly educated workforce with strong representation in professional services. Its unemployment rate is 2.1%, with an estimated employment growth of 1.1% over the past year as of December 2025. The resident workforce totals 3,105, with an unemployment rate of 1.7% below the Australian Capital Territory's rate of 3.8%.

Workforce participation is 73.6%, compared to the ACT's 70.5%. A moderate 13.7% of residents work from home. Leading employment industries are public administration & safety, professional & technical services, and health care & social assistance. The area specializes in professional & technical services with an employment share 1.4 times the regional level, while education & training has limited presence at 5.8%, compared to the regional average of 9.6%.

Employment opportunities appear limited locally, as indicated by the working population vs resident population count. Over the year to December 2025, employment increased by 1.1% and labour force by 2.0%, causing unemployment to rise by 0.9 percentage points. In comparison, the ACT recorded employment growth of 0.9%, labour force growth of 1.2%, with unemployment rising by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Denman Prospect. Applying these projections to Denman Prospect's employment mix indicates local employment should increase by 7.0% over five years and 14.1% over ten years, based on simple weighting extrapolation for illustrative purposes only.

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 $96,879 and the average was $112,798 according to postcode level ATO data aggregated by AreaSearch for the financial year 2023. This places it among the top percentile nationally, contrasting with the ACT's median income of $72,206 and average income of $85,981. Based on Wage Price Index growth of 10.44% since financial year 2023, estimated incomes as of March 2026 would be approximately $106,993 (median) and $124,574 (average). Census 2021 income data shows household, family, and personal incomes in Denman Prospect rank highly nationally, between the 98th and 99th percentiles. The largest segment of residents earns $4000+ weekly, comprising 36.6% (2,230 residents), diverging from surrounding regions where the $1,500 - 2,999 category predominates at 34.3%. A 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, but strong earnings place disposable income at the 97th 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, 48.6% of dwellings were houses while 51.3% were other types such as semi-detached homes, apartments, and 'other' dwellings. This is compared to the Australian Capital Territory's (ACT) figures of 63.3% houses and 36.7% other dwellings. Home ownership in Denman Prospect was at 6.7%, with mortgaged dwellings making up 78.7% and rented ones at 14.6%. The median monthly mortgage repayment in the area was $2,400, higher than the ACT average of $2,080. The median weekly rent figure was recorded at $498, compared to the ACT's $450. Nationally, Denman Prospect's mortgage repayments were significantly higher than the Australian average of $1,863, while 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 account for 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, 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 is notably high, with 62.6% of residents aged 15 and above holding university qualifications. This figure surpasses the national average of 30.4% and the SA4 region's average of 46.8%. The area's educational advantage is reflected in its strong focus on higher education, with bachelor degrees being the most common at 33.9%, followed by postgraduate qualifications at 23.3%, and graduate diplomas at 5.4%. Vocational pathways also contribute significantly to the area's educational landscape, accounting for 18.9% of qualifications among those aged 15 and above.

This includes advanced diplomas at 9.1% and certificates at 9.8%. Educational participation is notably high in Denman Prospect, 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 shows 14 active transport stops in Denman Prospect. These stops are served by 45 different bus routes, providing a total of 3796 weekly passenger trips. Transport accessibility is rated good, with residents typically located 233 metres from the nearest stop. Most residents commute outward due to the area's residential nature. Car remains the dominant mode of transport at 91%, while bus usage stands at 6%. On average, there are 1.4 vehicles per dwelling.

According to the 2021 Census, 13.7% of residents work from home, which 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

Denman Prospect shows excellent health outcomes based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are very low across all age groups. Private health cover is exceptionally high at approximately 76% of the total population (4,638 people), compared to 62.4% in Australian Capital Territory and a national average of 55.7%.

The most common medical conditions are mental health issues and asthma, affecting 7.0 and 6.3% of residents respectively. 81.5% of residents report being completely clear of medical ailments, compared to 70.2% across Australian Capital Territory. As of the assessment date (not specified), 4.5% of residents are aged 65 and over (273 people), which is lower than the 14.3% in Australian Capital Territory. Health outcomes among seniors align 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's cultural diversity is high, with 42.8% of its population born overseas and 46.1% speaking a language other than English at home. Christianity is the dominant religion, comprising 30.6% of people in Denman Prospect. Hinduism is notably overrepresented, making up 14.5%, compared to the Australian Capital Territory average of 4.8%.

In terms of ancestry, Australians comprise 16.9% of Denman Prospect's population, lower than the regional average of 23.0%. The Other group comprises 16.8%, and English comprises 16.0%, both lower than their respective regional averages of 23.0% and 23.3%. Sri Lankan ethnicity is notably overrepresented at 1.8%, compared to the regional average of 0.4%. Indian ethnicity is also overrepresented, comprising 11.4% versus the regional average of 3.3%, as is Croatian ethnicity at 1.5% compared to the regional average of 0.9%.

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 (24.2%) but fewer 15-24 year-olds (9.2%). This 35-44 concentration is well above the national average of 14.3%. According to post-2021 Census data, demographic aging is evident with the median age advancing from 31 to 32 years. Notable shifts include the 45-54 age group growing from 8.9% to 12.5%, while the 25-34 cohort declined from 24.0% to 21.2% and the 0-4 group dropped from 9.7% to 7.1%. Population forecasts for 2041 indicate substantial demographic changes for Denman Prospect, with the 35-44 cohort projected to grow by 102%, adding 1,507 residents to reach 2,983.