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Sales Activity
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Population
Belmont - Bennetts Green is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
Belmont-Bennetts Green's population, as of November 2025, is approximately 18,093. This figure represents a growth of 229 people since the 2021 Census, which reported a population of 17,864. The increase was inferred from ABS data showing an estimated resident population of 17,878 in June 2024 and validated new addresses totalling 263 since the Census date. This results in a population density ratio of 814 persons per square kilometer, comparable to averages across locations assessed by AreaSearch. The area's 1.3% growth since the census is within 1.6 percentage points of its SA3 area (2.9%), indicating competitive growth fundamentals. Overseas migration contributed approximately 93.5% 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, and NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. According to these projections, the area's population is expected to decline by 602 persons by 2041. However, specific age cohorts like those aged 85 and over are projected to increase, with an anticipated growth of 372 people in this group during this period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development drivers sees a low level of activity in Belmont - Bennetts Green, placing the area among the bottom 25% of areas assessed nationally
Belmont - Bennetts Green has averaged approximately 39 new dwelling approvals annually over the past five financial years ending June 2021, totalling 198 homes. As of April 2026, 8 approvals have been recorded. The population decline in recent years has resulted in adequate development activity relative to other areas, benefiting buyers while new homes are being constructed at an average expected construction cost value of $391,000. In the current financial year ending June 2026, $85.2 million in commercial approvals have been registered, indicating strong commercial development momentum.
Compared to the Rest of NSW, Belmont - Bennetts Green has roughly half the rate of new dwelling approvals per person and ranks among the 38th percentile nationally, suggesting limited buyer options but strengthening demand for established homes. This is below average nationally, reflecting the area's maturity and possible planning constraints. New development consists of 63.0% detached dwellings and 37.0% medium and high-density housing, offering a blend of attached housing types catering to various price ranges from spacious family homes to more affordable compact options. This shift indicates reduced availability of development sites and addresses changing lifestyle demands and affordability requirements, differing from the current housing mix which is predominantly houses (81.0%). The estimated population per dwelling approval in Belmont - Bennetts Green is 552 people, reflecting its quiet, low activity development environment.
With a stable or declining population expected, pressure on housing should remain relatively low, potentially creating opportunities for buyers.
Frequently Asked Questions - Development
Infrastructure
Belmont - Bennetts Green has emerging levels of nearby infrastructure activity, ranking in the 33rdth percentile nationally
Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 30 projects that could impact the region. Notable initiatives include Woolworths Belmont North Supermarket Development, Billy's Lookout at Teralba, Belmont Sports Fields Master Plan, and Belmont North Community Recycling Centre. The following list details those expected to be most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Bennetts Green Retail Development
A completed 30,000 square metre large format retail precinct featuring Bunnings Warehouse, Spotlight, Anaconda, McDonald's, KFC, BP service station with Wild Bean Cafe, Nick Scali, Harris Scarfe, PetStock, and Road Tech Marine. The development opened in stages from October 2020 and has created over 600 ongoing jobs for the local community. This is the largest retail development built in Lake Macquarie since the 2010 expansion of Charlestown Square.
Woolworths Belmont North Supermarket Development
Redevelopment of the former Bunnings site into a full-line Woolworths supermarket with specialty tenancies focused on convenience retail, food, and services, expected to create 345 jobs.
Belmont Sports Fields Master Plan
The Belmont Sports Fields Master Plan involves multi-stage upgrades to create a premier sports precinct. Stage 1, completed in March 2025 at a cost of $14 million, includes new rectangular fields, a baseball diamond, cricket wickets, irrigation, lighting, amenities buildings, and resurfacing of 14 netball courts. Future stages, estimated at $25 million, will include further field improvements, drainage, grandstands, seating, and car park upgrades to support local and regional competitions.
Belmont Business Park
Lake Macquarie's new commercial and light industrial development offering exceptional quality units with innovative space for business owners, trades, start-ups, hobbyists, and entrepreneurs. Features high-quality concrete construction, mezzanines, dedicated parking, and amenities.
Belmont South Foreshore Stabilisation
Multi-stage foreshore stabilisation and rehabilitation project protecting Belmont Bay (Stage 1 completed January 2024) and Village Bay against erosion, wave overtopping, tidal inundation, flooding, and seagrass/sludge buildup. Works include erosion control, improved drainage and stormwater infrastructure, amenity enhancements, public access improvements, vegetation restoration, and native planting for climate resilience and biodiversity. Covers approximately 330m of foreshore near Belmont Lakeside Holiday Park.
Billy's Lookout, Teralba
Billy's Lookout is a 70.9 hectare master planned residential estate on the shores of Lake Macquarie in Teralba, being delivered by McCloy Group. Once complete the community is planned to accommodate around 531 new homes and about 1,000 residents. The project is in its final stages of land release, with civil works and home construction continuing across the estate. The lakeside neighbourhood includes parklands, a playground, walking trails, shared paths and public art, and is located close to shops, schools, medical services and transport links to Newcastle and Sydney.
Tiny Homes Trial
A trial initiative in partnership with Allambi Care to introduce two self-contained, affordable, two-bedroom, transportable tiny homes on council-owned land in Belmont North to provide immediate shelter for young adults and families in need, addressing the housing affordability crisis. The homes will be built by Tiny Homes 4 U and funded through the Homelessness Innovation Fund.
Brooks Parade Belmont Mixed Use Development
Demolition of existing structures and construction of a mixed-use, multi-storey development comprising four towers (one 7-storey and three 6-storey with rooftop gardens), 130 residential units, three retail/commercial units, basement car parking, and associated landscaping.
Employment
AreaSearch analysis indicates Belmont - Bennetts Green maintains employment conditions that align with national benchmarks
Belmont - Bennetts Green has a skilled workforce with notable representation in essential services sectors. Its unemployment rate was 3.2% as of June 2025, which is 0.5% lower than the Rest of NSW's rate of 3.7%.
The area experienced an estimated employment growth of 1.9% over the past year. As of June 2025, 9,095 residents were employed, with a workforce participation rate similar to the Rest of NSW's 56.4%. Key industries of employment among residents are health care & social assistance, construction, and retail trade. Construction shows particularly high concentration, with employment levels at 1.4 times the regional average.
Conversely, agriculture, forestry & fishing has lower representation at 0.3% compared to the regional average of 5.3%. While local employment opportunities exist, many residents commute elsewhere for work based on Census working population data. In the 12-month period ending June 2025, employment increased by 1.9%, labour force grew by 2.5%, and unemployment rose by 0.6 percentage points. In contrast, Rest of NSW experienced an employment decline of 0.1% and a labour force growth of 0.3%, with a 0.4 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from May 2025 suggest potential future demand within Belmont - Bennetts Green. These projections estimate national employment growth of 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to Belmont - Bennetts Green's employment mix suggests local growth of approximately 6.7% over five years and 14.0% over ten years.
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
As per AreaSearch's latest postcode level ATO data released for financial year 2022, Belmont - Bennetts Green's median income among taxpayers is $52,051. The average income is $68,128. This is higher than the national average. Rest of NSW has a median income of $49,459 and an average of $62,998. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Belmont - Bennetts Green would be approximately $58,615 (median) and $76,719 (average) as of September 2025. Census data shows household, family, and personal incomes all rank modestly in Belmont - Bennetts Green, between the 38th and 38th percentiles. The earnings profile indicates that 29.3% of locals (5,301 people) fall within the $1,500 - $2,999 income category, which is similar to the broader area where this cohort represents 29.9%. Housing affordability pressures are severe in Belmont - Bennetts Green, with only 83.6% of income remaining after housing costs, ranking at the 38th percentile. The area's SEIFA income ranking places it in the 5th decile.
Frequently Asked Questions - Income
Housing
Belmont - Bennetts Green is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
The dwelling structure in Belmont - Bennetts Green, as per the latest Census, consisted of 80.6% houses and 19.4% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro NSW's figures of 82.4% houses and 17.6% other dwellings. Home ownership in Belmont - Bennetts Green stood at 40.4%, with mortgaged dwellings at 36.6% and rented ones at 23.0%. The median monthly mortgage repayment was $2,009, higher than Non-Metro NSW's average of $2,000 but lower than the national average of $1,863. The median weekly rent figure in Belmont - Bennetts Green was $360, slightly less than Non-Metro NSW's $370 and the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Belmont - Bennetts Green has a typical household mix, with a fairly typical median household size
Family households comprise 71.7% of all households, including 28.9% couples with children, 29.7% couples without children, and 12.4% single parent families. Non-family households account for the remaining 28.3%, with lone person households at 26.0% and group households comprising 2.2%. The median household size is 2.5 people, which matches the average for the Rest of NSW.
Frequently Asked Questions - Households
Local Schools & Education
Belmont - Bennetts Green shows below-average educational performance compared to national benchmarks, though pockets of achievement exist
The area's university qualification rate is 19.5%, significantly lower than the NSW average of 32.2%. This disparity presents both challenges and opportunities for targeted educational initiatives. Bachelor degrees are most common at 14.0%, followed by postgraduate qualifications (3.4%) and graduate diplomas (2.1%). Vocational credentials are prevalent, with 41.6% of residents aged 15+ holding such qualifications - advanced diplomas (10.5%) and certificates (31.1%).
Educational participation is high at 26.8%, including primary education (9.5%), secondary education (7.3%), and tertiary education (3.8%). The area has a robust network of 7 schools educating approximately 2,986 students, with typical Australian school conditions (ICSEA: 1007) and balanced educational opportunities. This includes 5 primary, 1 secondary, and 1 K-12 school.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
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 the Belmont-Bennetts Green area shows that there are currently 159 active transport stops operating. These stops offer a variety of bus services, which are provided by 57 individual routes. Together, these routes facilitate approximately 1,193 weekly passenger trips.
The accessibility of transport is rated as excellent in this region, with residents typically located just 145 meters away from the nearest transport stop. On average, service frequency across all routes stands at around 170 trips per day, which translates to roughly 7 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Belmont - Bennetts Green is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Belmont-Bennetts Green faces significant health challenges, as indicated by its health data.
Both younger and older age groups exhibit high prevalence rates for common health conditions. Approximately 53% (~9,661 people) of the total population has private health cover, which is relatively high. The most prevalent medical conditions are arthritis (affecting 10.7% of residents) and mental health issues (impacting 9.8%). Conversely, 61.2% of residents report having no medical ailments, compared to 62.6% across the rest of NSW. The area has a higher proportion of seniors aged 65 and over at 23.9% (4,318 people), compared to the 21.4% in the rest of NSW. Health outcomes among seniors present some challenges, broadly aligning with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
Belmont - Bennetts Green is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Belmont-Bennetts Green had a cultural diversity index below average, with 90.5% of its residents born in Australia, 93.7% being citizens, and 96.0% speaking English only at home. Christianity was the predominant religion, comprising 54.9% of the population, compared to 52.5% across Rest of NSW. The top three ancestry groups were English (32.8%), Australian (31.6%), and Scottish (9.0%).
Notably, Welsh individuals made up 0.7%, Australian Aboriginal 3.4%, and Macedonian 0.2%, differing from regional averages of 0.8%, 3.4%, and 0.4% respectively.
Frequently Asked Questions - Diversity
Age
Belmont - Bennetts Green hosts an older demographic, ranking in the top quartile nationwide
Belmont-Bennetts Green's median age is 44 years, comparable to Rest of NSW's 43 and higher than the national average of 38 years. Compared to Rest of NSW, Belmont-Bennetts Green has a higher proportion of residents aged 85+ (3.7%) but fewer residents aged 5-14 (11.0%). Between the 2016 and 2021 censuses, the population aged 25-34 increased from 10.8% to 11.8%, while the 5-14 age group decreased from 12.1% to 11.0%. By 2041, Belmont-Bennetts Green's age composition is expected to change significantly. The number of residents aged 85+ is projected to grow by 54%, reaching 1,024 from 665. Residents aged 65 and older are anticipated to represent 53% of the population growth. Conversely, both the 45-54 and 65-74 age groups are expected to decrease in number.