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Sales Activity
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Population
Phillip lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Phillip's population, as of August 2025, is approximately 7,331 people. This figure reflects an increase of 2,134 individuals, representing a 41.1% rise since the 2021 Census, which recorded a population of 5,197. The change is inferred from the estimated resident population of 6,530 in June 2024 and an additional 2,136 validated new addresses since the Census date. This results in a population density ratio of 2,852 persons per square kilometer, placing Phillip in the upper quartile relative to national locations assessed by AreaSearch. Phillip's growth rate exceeded that of its SA3 area (5.6%) and the state, making it a growth leader in the region. Overseas migration contributed approximately 50.9% of overall population gains during recent periods, although all drivers including natural growth and interstate migration were positive factors.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, as 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. Based on demographic trends, exceptional growth is predicted for Phillip over the period to 2041, with an expected increase of 3,980 persons, resulting in a total gain of 42.6%.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Phillip among the top 25% of areas assessed nationwide
Phillip has seen approximately 541 new homes approved annually. The Australian Bureau of Statistics produces development approval data on a financial year basis, showing 2,709 homes over the past five years from FY-21 to FY-25, with no approvals so far in FY-26. On average, 0.8 people moved to the area per dwelling built annually over these five years. This suggests supply is meeting or exceeding demand, potentially supporting population growth while offering greater buyer choice.
New properties are constructed at an average expected cost of $423,000, slightly above the regional average, indicating a focus on quality developments. There have been $27.9 million in commercial approvals this financial year, suggesting robust local business investment. Compared to the Australian Capital Territory, Phillip has 547.0% more building activity per person, offering buyers greater choice. However, building activity has slowed in recent years. This high level of activity reflects strong developer confidence in the location. Recent development has been entirely comprised of medium and high-density housing, providing accessible entry options for downsizers, investors, and entry-level buyers.
With around 23 people per approval, Phillip reflects a developing area with population forecasts indicating an increase of 3,127 residents by 2041. Current construction levels suggest adequate housing supply to meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
Phillip has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 25 projects likely affecting the region. Notable initiatives include The Shard, Trilogy Apartments, Woden Bus Depot and Transport Interchange, Luxury Canberra Residential Tower. Below is a list of projects deemed most relevant.
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INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Canberra Hospital Critical Services Building (SPIRE Centre)
Australia's first fully-electric hospital building, the Canberra Hospital Critical Services Building (also known as SPIRE Centre), is an eight-storey, 45,000 square metre facility. It includes a new Emergency Department with 128 treatment spaces, a 48-bed Intensive Care Unit with two outdoor terraces, 22 operating theatres, 148 inpatient beds, cardiac catheter laboratories, and enhanced radiology and pathology services. The largest healthcare infrastructure project in ACT history, it was built by Multiplex with a 5 Star Green Star design rating, featuring innovative sustainability measures. Completed and opened August 2024.
Woden Community Services Hub
A new four-storey facility in Woden Town Centre that will centralise community and government services under one roof, bringing together services currently operating from multiple buildings in the region. It will include child and family services, other community services, meeting rooms, a multi-purpose hall, and workshop spaces to provide efficient support to residents.
Luxury Canberra Residential Tower
High-end residential tower featuring premium apartments with panoramic views, luxury amenities, and premium finishes.
Grand Central Towers
Twin residential towers in Woden providing premium apartment living with retail spaces at ground level. Completed development contributing to urban density.
The Shard
Distinctive architectural tower featuring mixed-use spaces with residential apartments, commercial areas, and community facilities.
Woden Bus Depot and Transport Interchange
The Woden Bus Depot is completed and operational as Australia's largest electric bus depot, capable of housing and charging up to 100 electric buses with modern maintenance facilities. The Woden Transport Interchange is under construction and will be light rail enabled, featuring improved passenger facilities including wide footpaths, enhanced lighting, shelters, bike storage, toilets, and landscaping for better safety and connectivity.
Trilogy Apartments
Three-tower residential development featuring contemporary design and integrated retail spaces. Contributing to Woden town centre revitalization.
Geocon Phillip Pool Development
Mixed-use development incorporating aquatic and recreation facilities alongside residential components in Phillip. Modern leisure precinct design.
Employment
Employment performance in Phillip exceeds national averages across key labour market indicators
Phillip has a highly educated workforce with strong representation in essential services sectors. Its unemployment rate is 2.9%, lower than the Australian Capital Territory's (ACT) 3.4%.
Employment growth over the past year was estimated at 1.5%. As of June 2025, 4,086 residents are employed, with an unemployment rate of 0.5% below ACT's rate and a workforce participation rate of 79.5%, compared to ACT's 69.6%. Employment is concentrated in public administration & safety, health care & social assistance, and professional & technical services. Phillip has a strong specialization in health care & social assistance, with an employment share of 2.1 times the regional level.
However, education & training employs only 5.4% of local workers, below ACT's 9.6%. The area functions as an employment hub, hosting more jobs than residents and attracting workers from surrounding areas. Over the 12 months to June 2025, employment increased by 1.5%, while labour force increased by 1.6%, with unemployment remaining essentially unchanged. In contrast, ACT experienced employment growth of 1.9% and a drop in unemployment rate by 0.3 percentage points. State-level data to Sep-25 shows ACT employment contracted by 0.33%, with the state unemployment rate at 4.2%, comparing favourably to the national unemployment rate of 4.5%. Job and Skills Australia's national employment forecasts from May 2025 suggest Phillip's local growth could be approximately 7.2% over five years and 14.8% over ten years, based on industry-specific projections applied to Phillip's employment mix.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
Phillip's median income among taxpayers was $72,422 in financial year 2022. His average income stood at $90,447 during the same period. The median and average incomes for Australian Capital Territory were $68,678 and $83,634 respectively. Based on a Wage Price Index growth of 10.78% since financial year 2022, current estimates suggest Phillip's median income would be approximately $80,229 as of March 2025, with the average estimated to be around $100,197 during that month. According to the 2021 Census, individual earnings reached the 95th percentile nationally at $1,342 weekly. Income brackets indicate that 47.2% of residents (3,460 people) fall within the $1,500 - 2,999 bracket, which is also dominant in the surrounding region with 34.3%. High housing costs consume 17.1% of income. Despite this, strong earnings place disposable income at the 68th percentile, and the area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Phillip features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
Phillip's dwelling structure, as per the latest Census, consisted of 0.1% houses and 99.9% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with the Australian Capital Territory's 58.4% houses and 41.7% other dwellings. Home ownership in Phillip was at 13.9%, with mortgaged dwellings at 35.4% and rented ones at 50.7%. The median monthly mortgage repayment in Phillip was $1,608, lower than the Australian Capital Territory average of $2,167. The median weekly rent figure in Phillip was $440, matching the Australian Capital Territory's figure but higher than the national average of $375.
Frequently Asked Questions - Housing
Household Composition
Phillip features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households constitute 49.9% of all households, including 14.7% couples with children, 27.6% couples without children, and 6.2% single parent families. Non-family households comprise the remaining 50.1%, with lone person households at 44.2% and group households making up 5.9%. The median household size is 1.9 people, smaller than the Australian Capital Territory average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Phillip shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Phillip's educational attainment significantly surpasses broader benchmarks. Among residents aged 15+, 60.1% hold university qualifications, compared to Australia's 30.4% and the SA4 region's 46.8%. Bachelor degrees are most common at 34.9%, followed by postgraduate qualifications (19.5%) and graduate diplomas (5.7%). Vocational pathways account for 20.5%, with advanced diplomas at 9.5% and certificates at 11.0%.
Educational participation is high, with 25.9% of residents currently enrolled in formal education. This includes 10.7% in tertiary education, 4.7% in primary education, and 2.7% pursuing secondary education. Phillip's educational landscape is anchored by The Canberra College, serving 1,169 students. It demonstrates above-average socio-educational conditions (ICSEA: 1088). Secondary education dominates with one school, while primary students typically attend schools in adjacent catchments.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Phillip has 43 active public transport stops serving a mix of train and bus services. These stops are covered by 28 routes that facilitate 4,697 weekly passenger trips in total. Residents enjoy excellent transport accessibility, with an average distance of 160 meters to the nearest stop.
The service frequency is 671 trips per day across all routes, translating to approximately 109 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Phillip's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Phillip has exceptional health outcomes, with a very low prevalence of common health conditions across all age groups. Approximately 67% (4,889 people) have private health cover, which is higher than the national average of 55.3%.
The most prevalent medical conditions are mental health issues (9.5%) and asthma (7.6%). A total of 75.1% declare themselves clear of medical ailments, compared to 70.1% in Australian Capital Territory. Phillip has a lower proportion of seniors aged 65 and over, with 8.7% (635 people), compared to the Australian Capital Territory's 18.3%. Despite this, health outcomes among seniors are strong and align with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Phillip is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Phillip's population shows high cultural diversity, with 41.7% speaking a language other than English at home and 45.6% born overseas. The predominant religion is Christianity, accounting for 35.9%. Hinduism stands out at 11.2%, exceeding the Australian Capital Territory average of 6.6%.
In terms of ancestry, the top groups are English (19.3%), Other (18.8%), and Australian (15.9%). Notably, Filipino representation is high at 4.8% compared to the regional average of 1.5%, Spanish at 0.9% versus 0.5%, and Korean at 1.3% against a regional average of 0.5%.
Frequently Asked Questions - Diversity
Age
Phillip hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Phillip has a median age of 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, Phillip has a higher percentage of residents aged 25-34 (35.0%) but fewer residents aged 5-14 (5.3%). This concentration of 25-34 year-olds is notably higher than the national average of 14.5%. According to post-2021 Census data, the percentage of Phillip's population aged 35-44 has increased from 17.3% to 18.8%. Conversely, the percentage of residents aged 15-24 has decreased from 11.1% to 9.4%, and the percentage of those aged 25-34 has dropped from 36.1% to 35.0%. By 2041, demographic modeling projects significant changes in Phillip's age profile. The 35-44 age cohort is expected to grow steadily, with an increase of 677 people (49%) from 1,378 to 2,056.