Belmont (NSW)

Belmont 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's population is estimated at around 7,390 as of May 2026. This reflects an increase of 101 people since the 2021 Census which reported a population of 7,289. The change was inferred from AreaSearch's estimation of the resident population at 7,386 following examination of ABS ERP data released in June 2025 and validation of an additional 131 new addresses since the Census date. This equates to a density ratio of 674 persons per square kilometer. Belmont's growth of 1.4% since census positions it within 1.8 percentage points of its SA3 area, demonstrating competitive fundamentals. Population growth was primarily driven by overseas migration contributing approximately 93%.

AreaSearch is adopting 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, released in 2022 with a base year of 2021. Growth rates by age group are applied to all areas from 2032 to 2041. Projections indicate an overall population decline of 216 persons by 2041 but growth across specific age cohorts, particularly the 85 and over age group projected to increase by 212 people.

Residential development activity is lower than average in Belmont according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers indicates Belmont has seen approximately 23 new homes approved annually over the past five financial years, totalling an estimated 115 homes. As of FY-26, 10 approvals have been recorded. On average, 0.3 new residents per year have arrived for each new home between FY-21 and FY-25, suggesting that new construction is meeting or exceeding demand. The average expected construction cost value of new dwellings is $662,000, indicating a focus on the premium segment with upmarket properties.

This financial year has seen $28.7 million in commercial development approvals, reflecting strong commercial development momentum. Compared to Rest of NSW, Belmont records about three-quarters the building activity per person and ranks among the 54th percentile nationally when assessed against other areas. This suggests market maturity and possible development constraints. Building activity consists of 64.0% detached dwellings and 36.0% attached dwellings, with a growing mix of townhouses and apartments offering options across different price points.

Belmont has approximately 295 people per dwelling approval, indicating a low density market. Population projections suggest stability or decline, which may reduce housing demand pressures, benefiting potential buyers.

Belmont has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

The performance of a region can be significantly impacted by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified 16 such projects that could potentially affect this area. Notable among these are the Woolworths Belmont North Supermarket Development, the Belmont South Foreshore Stabilisation project, Brooks Parade Belmont Mixed Use Development, and Billy's Lookout in Teralba. The following list provides details on those projects deemed 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.

The labour market performance in Belmont lags significantly behind most other regions nationally

Belmont has a skilled workforce with significant representation in essential services sectors. The unemployment rate, as of December 2025, is 5.2%, according to AreaSearch's aggregation of statistical area data. In December 2025, 3,489 residents are employed while the unemployment rate is 1.2% higher than Regional NSW's rate of 3.9%.

Workforce participation in Belmont is 57.4%, compared to Regional NSW's 60.5%. Census responses indicate that 22.9% of residents work from home, though Covid-19 lockdown impacts should be considered. Key industries of employment among residents are health care & social assistance, construction, and retail trade. Construction is particularly prominent, with an employment share 1.4 times the regional level.

Conversely, agriculture, forestry & fishing is under-represented, with only 0.3% of Belmont's workforce compared to 5.3% in Regional NSW. Local employment opportunities exist, but many residents commute elsewhere for work based on Census data. Over the 12 months to December 2025, labour force levels increased by 1.3%, while employment decreased by 0.7%, causing unemployment to rise by 1.9 percentage points in Belmont. In comparison, Regional NSW saw employment fall by 1.2%, labour force contract by 0.8%, and unemployment rise by 0.4 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Belmont's employment mix indicates local employment should increase by 6.8% over five years and 14.0% over ten years, based on a simple weighting extrapolation for illustrative purposes.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2023 shows that income in Belmont is below the national average. The median income is $48,697 and the average income stands at $63,738. In comparison, Regional NSW has a median income of $52,390 and an average income of $65,215. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates for Belmont would be approximately $53,723 (median) and $70,316 (average) as of March 2026. Census 2021 income data reveals that household, family and personal incomes in Belmont all fall between the 18th and 27th percentiles nationally. The earnings profile shows that 24.8% of locals (1,832 people) earn between $1,500 and $2,999, which aligns with regional levels where this cohort represents 29.9%. Housing affordability pressures are severe in Belmont, with only 81.7% of income remaining, ranking at the 17th percentile nationally. The area's SEIFA income ranking places it in the 4th decile.

Belmont displays a diverse mix of dwelling types, with above-average rates of outright home ownership

In Belmont, as per the latest Census evaluation, 70.0% of dwellings were houses while 30.0% consisted of other types such as semi-detached homes and apartments. This is in contrast to Regional NSW where 82.6% of dwellings are houses with 17.4% being other types. Home ownership in Belmont stood at 41.7%, with the remaining dwellings either mortgaged (26.7%) or rented (31.6%). The median monthly mortgage repayment in Belmont was $2,058, higher than Regional NSW's average of $1,733. Meanwhile, the median weekly rent in Belmont was recorded at $340 compared to Regional NSW's figure of $330. Nationally, Belmont's mortgage repayments were significantly higher than the Australian average of $1,863 while rents were lower than the national figure of $375.

Belmont features high concentrations of lone person households, with a lower-than-average median household size

Family households account for 64.0% of all households, including 21.3% couples with children, 29.2% couples without children, and 12.5% single parent families. Non-family households constitute the remaining 36.0%, with lone person households making up 33.4% and group households comprising 2.5%. The median household size is 2.2 people, which is smaller than the Regional NSW average of 2.4.

Educational outcomes in Belmont fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 19.9%, significantly lower than the NSW average of 32.2%. Bachelor degrees are most common at 13.8%, followed by postgraduate qualifications (4.0%) and graduate diplomas (2.1%). Vocational credentials are held by 40.5% of residents aged 15+, with advanced diplomas at 10.8% and certificates at 29.7%. Educational participation is high, with 25.8% of residents currently enrolled in formal education.

This includes 8.2% in primary education, 7.3% in secondary education, and 4.1% pursuing tertiary education.

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

Belmont has 70 active public transport stops, served by 40 routes offering 839 weekly passenger trips. Residents have excellent accessibility, with an average distance of 124 meters to the nearest stop. Commuting patterns show a majority using cars at 92%, while 4% walk. Vehicle ownership averages 1.2 per dwelling. In 2021 Census data, 22.9% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency across all routes is 119 trips daily, equating to approximately 11 weekly trips per stop.

Service frequency averages 119 trips per day across all routes, equating to approximately 11 weekly trips per individual stop.

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

Belmont faces significant health challenges, as assessed by AreaSearch using mortality rates and chronic condition prevalence.

Both younger and older age groups exhibit high prevalence of common health conditions. Private health cover is more prevalent than average at approximately 52% (~3,853 people). The most common medical conditions are arthritis (12.0%) and mental health issues (10.0%), with 58.2% of residents reporting no medical ailments compared to 63.3% in Regional NSW. Working-age population faces notable health challenges due to elevated chronic condition rates. Belmont has a higher proportion of seniors aged 65 and over at 28.7% (2,120 people) than Regional NSW's 23.4%. Health outcomes among seniors present some challenges, aligning broadly with national rankings for the general population.

Belmont is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Belmont, as per the census conducted on the 9th of August, 2016, showed a lower-than-average cultural diversity level. It was reported that 89.2% of Belmont's population were born in Australia, with 92.1% being citizens and 95.8% speaking English exclusively at home. Christianity emerged as the predominant religion in Belmont, with 56.0% of its residents identifying as such, which is slightly higher than the Regional NSW average of 55.9%.

The top three ancestry groups in Belmont were English (33.2%), Australian (30.6%), and Scottish (9.1%). Notably, Welsh (0.8%) and Macedonian (0.3%) ethnicities were overrepresented compared to their regional averages of 0.5% and 0.4%, respectively. Similarly, the Russian ethnicity was also slightly overrepresented at 0.3%.

Belmont hosts an older demographic, ranking in the top quartile nationwide

Belmont's median age is 48 years, which is notably higher than Regional NSW's median of 43 years and significantly greater than the Australian median of 38 years. The age profile shows that the 85+ year-olds make up 5.1% of the population, while the 5-14 group comprises 8.9%. Post-2021 Census data indicates that the 75 to 84 age group has increased from 8.6% to 10.0%. Conversely, the 45 to 54 cohort has decreased from 12.0% to 10.9%. By 2041, demographic modeling projects significant changes in Belmont's age profile. The 85+ age group is expected to grow by 201 people (53%), reaching 578 individuals. Senior residents aged 65 and above will drive 64% of population growth, emphasizing the trend towards an aging demographic. Meanwhile, both the 5-14 and 65-74 age groups are projected to decrease in number.