Victoria Point

Victoria Point has shown very soft population growth performance across periods assessed by AreaSearch

Victoria Point's population was 15,140 people as of August 2021. By November 2025, it had increased to around 16,156, reflecting a growth of 1,016 people (6.7%) since the 2021 Census. This increase is inferred from an estimated resident population of 15,874 in June 2024 and an additional 572 validated new addresses since the Census date. The population density was approximately 1,204 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Victoria Point's growth rate of 6.7% since the census is close to the SA4 region's growth rate of 7.7%, indicating competitive growth fundamentals. Interstate migration contributed about 58.4% of overall population gains during recent periods.

AreaSearch adopts 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, Queensland State Government's SA2 area projections are used, released in 2023 based on 2021 data. However, these state projections do not provide age category splits, so AreaSearch applies proportional growth weightings using ABS Greater Capital Region projections for each age cohort, released in 2023 with a base year of 2022. According to these projections, Victoria Point's population is expected to decline by 255 persons by 2041. However, the 85 and over age group is projected to increase by 885 people during this period.

AreaSearch assessment of residential development activity positions Victoria Point among the top 25% of areas assessed nationwide

Victoria Point has seen approximately 137 new homes approved annually over the past five financial years, totalling 687 homes. As of FY-26148 approvals have been recorded. On average, each dwelling constructed between FY-21 and FY-25 accommodates 0.6 new residents per year. This suggests that new supply is meeting or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts.

The average construction cost of new properties in Victoria Point is $397,000, which is moderately higher than regional levels, indicating an emphasis on quality construction. In FY-26, $15.3 million worth of commercial development approvals have been recorded, demonstrating steady commercial investment activity. Compared to Greater Brisbane, Victoria Point has comparable construction activity per person, maintaining market equilibrium with surrounding areas.

Recent periods have seen an increase in development activity. The majority of new building activity consists of detached houses (76.0%), preserving the area's suburban nature and attracting space-seeking buyers. With around 79 people per approval, Victoria Point reflects a developing area. Given stable or declining population forecasts, housing pressure may be less intense in Victoria Point, creating favourable conditions for buyers.

Victoria Point has emerging levels of nearby infrastructure activity, ranking in the 21stth percentile nationally

The performance of an area can significantly influenced by changes in local infrastructure, major projects, and planning initiatives. A total of 12 such projects have been identified by AreaSearch that could impact this particular area. Notable projects include Woodbury Estate Victoria Point, Victoria Point South West Local Plan, Arc on the Point - Clay Gully Development, and Weinam Creek Priority Development Area. The following list details those considered most relevant:.

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.

Victoria Point ranks among the top 25% of areas assessed nationally for overall employment performance

Victoria Point has a skilled workforce with essential services sectors well represented. The unemployment rate in the area is 2.6%, lower than Greater Brisbane's 4.0%.

Employment growth over the past year was estimated at 6.5%. As of September 2025, 8,080 residents are employed while the unemployment rate stands at 1.4% below Greater Brisbane's rate. Workforce participation in Victoria Point lags significantly at 55.0%, compared to Greater Brisbane's 64.5%. Leading employment industries among residents include health care & social assistance, construction, and retail trade.

Notably, construction has a strong presence with an employment share of 1.5 times the regional level. Professional & technical services have limited representation with only 5.8% employment compared to the regional average of 8.9%. The area appears to offer limited local employment opportunities as indicated by the Census working population vs resident population count. Over the 12 months to September 2025, employment increased by 6.5%, while labour force grew by 5.8%, leading to a decrease in unemployment rate of 0.6 percentage points. In comparison, Greater Brisbane recorded employment growth of 3.8% and unemployment fell by 0.5 percentage points. State-level data from QLD as of 25-Nov shows employment contracted by 0.01% (losing 1,210 jobs), with the state unemployment rate at 4.2%, broadly in line with the national rate of 4.3%. Jobs and Skills Australia's national employment forecasts for Victoria Point suggest local employment should increase by 6.4% over five years and 13.3% over ten years, based on industry-specific projections applied to the local employment mix.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's data for financial year 2022 shows median income in Victoria Point SA2 was $50,093, below the national average. Average income stood at $60,115. In Greater Brisbane, median and average incomes were $55,645 and $70,520 respectively. By September 2025, estimated median and average incomes in Victoria Point would be approximately $57,101 and $68,525 based on Wage Price Index growth of 13.99%. Census 2021 data ranks household, family and personal incomes in Victoria Point between the 28th and 36th percentiles. Income distribution shows 30.3% (4,895 people) earn $1,500 - 2,999, similar to metropolitan regions at 33.3%. Housing affordability pressures are severe with only 82.2% of income remaining, ranking at the 35th percentile. Victoria Point's SEIFA income ranking places it in the 5th decile.

Victoria Point is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

The dwelling structure in Victoria Point, as per the latest Census, consisted of 80.9% houses and 19.2% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 83.9% houses and 16.1% other dwellings. Home ownership in Victoria Point stood at 40.4%, with mortgaged dwellings at 37.4% and rented ones at 22.2%. The median monthly mortgage repayment was $1,950, below Brisbane metro's average of $2,000. The median weekly rent in Victoria Point was $450, compared to Brisbane metro's $425. Nationally, Victoria Point's mortgage repayments were higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Victoria Point has a typical household mix, with a lower-than-average median household size

Family households account for 73.4% of all households, including 28.9% couples with children, 33.4% couples without children, and 10.3% single parent families. Non-family households make up the remaining 26.6%, consisting of 24.6% lone person households and 2.0% group households. The median household size is 2.5 people, which is smaller than the Greater Brisbane average of 2.6.

Victoria Point shows below-average educational performance compared to national benchmarks, though pockets of achievement exist

The area's university qualification rate is 17.5%, significantly lower than Greater Brisbane's average of 30.5%. Bachelor degrees are the most common at 12.4%, followed by postgraduate qualifications (2.8%) and graduate diplomas (2.3%). Vocational credentials are prevalent, with 41.8% of residents aged 15+ holding them - advanced diplomas at 12.5% and certificates at 29.3%. A total of 23.8% of the population is actively engaged in formal education, including 8.2% in primary, 7.6% in secondary, and 3.3% in tertiary education.

A substantial 23.8% of the population actively pursues formal education. This includes 8.2% in primary education, 7.6% in secondary education, and 3.3% pursuing tertiary education.

Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Victoria Point has 70 active public transport stops, all of which are bus stops. These stops are served by 11 different routes that together facilitate 1,498 weekly passenger trips. The transport accessibility in the area is rated as good, with residents on average being located 237 meters from their nearest transport stop.

Across all routes, there are an average of 214 trips per day, which equates to approximately 21 weekly trips per individual stop.

Health performance in Victoria Point is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Health data indicates significant health challenges in Victoria Point, with high prevalence of common conditions across both younger and older age groups. Approximately half (50%) of Victoria Point residents have private health cover, compared to 54.2% in Greater Brisbane and a national average of 55.3%. The most prevalent medical conditions are arthritis (11.0%) and mental health issues (8.6%).

60.7% of residents report no medical ailments, slightly lower than the 64.6% in Greater Brisbane. Victoria Point has a higher proportion of seniors aged 65 and over (31.5%, or 5,095 people) compared to Greater Brisbane's 25.3%. Health outcomes among seniors largely align with those of the general population.

Victoria Point ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Victoria Point had a cultural diversity index below the average, with 77.6% of its population born in Australia, 90.4% being citizens, and 94.8% speaking English only at home. Christianity was the predominant religion in Victoria Point, accounting for 56.5%, compared to 52.8% across Greater Brisbane. The top three ancestry groups were English (34.3%), Australian (26.3%), and Scottish (9.1%).

Some ethnic groups showed notable differences: New Zealanders were overrepresented at 1.3% in Victoria Point versus 1.2% regionally, South Africans at 0.8% versus 1.0%, and Maori at 0.9% each.

Victoria Point hosts an older demographic, ranking in the top quartile nationwide

Victoria Point's median age is 49 years, which is significantly higher than Greater Brisbane's average of 36 years and Australia's median age of 38 years. The age profile shows that those aged 75-84 are particularly prominent, making up 12.6% of the population, compared to the national average of 6%. This is a notable increase from 10.5% in 2021. Conversely, the 25-34 age group comprises only 6.8%, which is smaller than both Greater Brisbane and the national average. The 45-54 age group has also decreased from 13.3% to 12.0%. Looking ahead to 2041, population forecasts indicate significant demographic changes in Victoria Point. The 85+ cohort is projected to grow by 96%, adding 833 residents and reaching a total of 1,706. Senior residents aged 65+ will drive all population growth, reflecting the trend towards an aging population. Meanwhile, population declines are projected for those aged 55-64 and 45-54.