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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 August 2025, is approximately 18,088, showing an increase of 224 people since the 2021 Census. The ABS estimated resident population in June 2024 was 17,886, with an additional 258 validated new addresses since the Census date contributing to this growth. This results in a population density ratio of 814 persons per square kilometer. The area's 1.3% population growth since the census is competitive, being within 1.5 percentage points of the SA3 area's growth rate of 2.8%. Overseas migration accounted for 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.
These projections indicate a decline in overall population by 602 persons by 2041, but growth is anticipated in specific age cohorts, notably the 85 and over age group, which is projected to increase by 372 people.
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, totalling 198 homes. As of FY26 so far, 6 approvals have been recorded. The area's population decline in recent years has resulted in adequate development activity relative to its size, which may benefit buyers. New homes are being built at an average expected construction cost value of $662,000, indicating that developers are targeting the premium market segment with higher-end properties.
In FY26, $85.2 million in commercial development approvals have been recorded, suggesting strong commercial development momentum. Compared to the Rest of NSW, Belmont-Bennetts Green shows about half the construction activity per person and ranks among the 38th percentile nationally for areas assessed, offering limited choices for buyers and supporting demand for existing homes. This is below average nationally, reflecting the area's maturity and possible planning constraints. New building activity comprises 63.0% detached dwellings and 37.0% attached dwellings, providing an expanding range of medium-density options across various price brackets. This shift from the area's existing housing (currently 81.0% houses) suggests decreasing availability of developable sites and reflects changing lifestyles and demand for more diverse, affordable housing options.
The estimated population per dwelling approval is 552 people, indicating a quiet, low activity development environment. With population expected to remain stable or decline, Belmont-Bennetts Green may see reduced pressure on housing, 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 to local infrastructure significantly impact an area's performance. AreaSearch has identified 30 projects likely affecting 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 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
The labour market in Belmont - Bennetts Green demonstrates typical performance when compared to similar areas across Australia
Belmont - Bennetts Green has a skilled workforce with essential services sectors well represented. The unemployment rate was 3.2% as of June 2021.
Employment growth over the past year was estimated at 1.9%. By June 2025, 9,095 residents were in work and the unemployment rate had decreased to 2.7%, which is 0.5% below Rest of NSW's rate of 3.2%. Workforce participation was similar to Rest of NSW's at 56.4%. Employment among residents was concentrated in health care & social assistance, construction, and retail trade.
The area had a notable concentration in construction with employment levels at 1.4 times the regional average. Agriculture, forestry & fishing was under-represented with only 0.3% of Belmont - Bennetts Green's workforce compared to 5.3% in Rest of NSW. Many residents commuted elsewhere for work based on Census data. During the year to June 2025, employment levels increased by 1.9%, labour force increased by 2.5%, resulting in unemployment rising by 0.6 percentage points. By comparison, Rest of NSW recorded an employment decline of 0.1% and unemployment rose by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May 2025 project national employment growth of 6.6% over five years and 13.7% over ten years. 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
AreaSearch's latest postcode level ATO data for financial year 2022 shows that median income in Belmont - Bennetts Green is $52,051 and average income stands at $68,128. This contrasts with Rest of NSW's median income of $49,459 and average income 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. According to the 2021 Census, household income in Belmont - Bennetts Green ranks at the 38th percentile. Income brackets indicate that the $1,500 - 2,999 bracket dominates with 29.3% of residents (5,299 people), consistent with broader regional trends showing 29.9% in the same category. Housing affordability pressures are severe, with only 83.6% of income remaining, 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 82.4% houses and 17.6% other dwellings. Home ownership in Belmont-Bennetts Green was 40.4%, with the rest being mortgaged (36.6%) or rented (23.0%). The median monthly mortgage repayment was $2,009, higher than Non-Metro NSW's average of $2,000 and the national average of $1,863. The median weekly rent figure was $360, lower 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 account for 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 make up 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, matching 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 has university qualification rates of 19.5%, significantly lower than the NSW average of 32.2%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are most common at 14.0%, followed by postgraduate qualifications (3.4%) and graduate diplomas (2.1%). Trade and technical skills are prominent, with 41.6% of residents aged 15+ holding vocational credentials - 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%). There are seven schools operating in Belmont, educating approximately 2,986 students. These schools provide typical Australian educational conditions with balanced opportunities, as indicated by their ICSEA score of 1007. The educational mix includes five primary schools, one secondary school, and one 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
Belmont-Bennetts Green has 159 active public transport stops. These stops serve a mix of bus routes, totalling 57 individual routes. Weekly passenger trips across these routes amount to 1,193.
Residential accessibility to transport is rated excellent, with an average distance of 145 meters to the nearest stop. Service frequency averages 170 trips per day across all routes, translating to approximately 7 weekly trips per 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 have notable prevalence of common health conditions. Approximately 53% (~9,658 people) of the area's total population has private health cover, which is relatively high. The most prevalent medical conditions are arthritis (10.7%) and mental health issues (9.8%). However, 61.2% of residents report having no medical ailments, compared to 62.6% in the rest of NSW. The area has a higher proportion of seniors aged 65 and over (23.9%, or 4,317 people) than the rest of NSW (21.4%). While health outcomes among seniors present some challenges, they generally align with the overall 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, surveyed in June 2016, had low cultural diversity with 90.5% of its residents born in Australia, 93.7% being citizens, and 96.0% speaking English only at home. Christianity was the dominant religion, comprising 54.9%, slightly higher than the Rest of NSW's 52.5%. The top three ancestry groups were English (32.8%), Australian (31.6%), and Scottish (9.0%).
Notably, Welsh (0.7%) and Macedonian (0.2%) were underrepresented compared to regional averages, while Australian Aboriginal (3.4%) was equally represented.
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, similar to Rest of NSW's 43 and above the national average of 38. 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 Census and the 2021 Census, the population aged 25 to 34 increased from 10.8% to 11.8%, while the population aged 5 to 14 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. This growth will be driven primarily by demographic aging, with residents aged 65 and older accounting for 53% of the anticipated population increase. Conversely, both the 45 to 54 age group and the 65 to 74 age group are expected to decrease in number.