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

As of November 2025, Belmont's population is estimated at around 7,421 people. This reflects an increase of 132 individuals since the 2021 Census, which reported a population of 7,289 people. AreaSearch validated this estimate after examining the latest ERP data release by the ABS (June 2024) and adding 137 new addresses since the Census date. This results in a density ratio of 677 persons per square kilometer. Belmont's growth rate of 1.8% since the census is within 1.1 percentage points of the SA3 area's growth rate of 2.9%, indicating competitive growth fundamentals. Overseas migration contributed approximately 93.0% 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, AreaSearch utilises NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. According to these projections, Belmont's population is expected to decline by 214 persons by 2041. However, specific age cohorts are anticipated to grow, notably the 85 and over age group, which is projected to increase by 206 people.

AreaSearch assessment of residential development drivers sees a low level of activity in Belmont, placing the area among the bottom 25% of areas assessed nationally

Based on AreaSearch analysis of ABS building approval numbers from statistical area data in Belmont, approximately 21 new homes were approved annually over the past five financial years ending June 30th, totalling an estimated 105 homes. As of April 26th, four approvals have been recorded this fiscal year. The population has decreased during this period, yet housing supply has remained adequate relative to demand, indicating a balanced market with good buyer choice. New dwellings are developed at an average construction cost value of $662,000, suggesting a focus on the premium segment with upmarket properties.

This financial year has seen $83.7 million in commercial development approvals, reflecting strong commercial development momentum. Comparatively, Belmont records around 69% of building activity per person when measured against the Rest of NSW. Nationally, it ranks at the 48th percentile among assessed areas, suggesting somewhat limited buyer options while demand for established homes strengthens. This lower ranking reflects market maturity and possible development constraints.

New building activity comprises 60.0% detached dwellings and 40.0% attached dwellings, with a growing mix of townhouses and apartments offering options across different price points. The estimated population per dwelling approval in Belmont is 349 people, reflecting its quiet, low activity development environment. Population projections indicate stability or decline, which should reduce housing demand pressures, benefiting potential buyers.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 16 projects likely affecting this region. Notable projects include Woolworths Belmont North Supermarket Development, Belmont South Foreshore Stabilisation, Brooks Parade Belmont Mixed Use Development, and Billy's Lookout, Teralba. The following list details those 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.

Belmont shows employment indicators that trail behind approximately 70% of regions assessed across Australia

Belmont has a skilled workforce with essential services sectors well represented. The unemployment rate was 4.2% in the past year, with an estimated employment growth of 1.3%.

As of June 2025, 3,539 residents are employed, while the unemployment rate is 0.6% higher than Rest of NSW's rate of 3.7%. Workforce participation is lower at 52.1%, compared to Rest of NSW's 56.4%. Key industries for Belmont residents include health care & social assistance, construction, and retail trade. Construction is particularly strong with an employment share 1.4 times the regional level.

However, agriculture, forestry & fishing is under-represented at 0.3% compared to Rest of NSW's 5.3%. Many residents commute elsewhere for work based on Census data. Over the year to June 2025, Belmont's employment increased by 1.3%, while labour force rose by 2.2%, causing unemployment to rise by 0.8 percentage points. National employment forecasts from Sep-22 suggest national employment will expand by 6.6% over five years and 14.0% over ten years, with local employment growth projected at 6.8% and 14.0% respectively based on Belmont's current employment mix.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's latest postcode level ATO data for financial year 2022 shows median income in Belmont was $48,697 and average income was $63,738. 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, estimated current incomes are approximately $54,838 (median) and $71,775 (average) as of September 2025. Census 2021 income data shows household, family, and personal incomes in Belmont fall between the 18th and 27th percentiles nationally. The earnings profile reveals that 24.8% of locals (1,840 people) are in the $1,500 - 2,999 income category, similar to regional levels at 29.9%. Housing affordability pressures are severe with only 81.7% of income remaining, ranking at the 17th percentile. 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 assessed in the latest Census, 70.0% of dwellings were houses, with the remaining 30.0% being other types such as semi-detached homes and apartments. This is compared to Non-Metro NSW's figures of 82.4% houses and 17.6% other dwellings. Home ownership in Belmont stood at 41.7%, with mortgaged dwellings at 26.7% and rented ones at 31.6%. The median monthly mortgage repayment in the area was $2,058, higher than Non-Metro NSW's average of $2,000. The median weekly rent figure in Belmont was $340, compared to Non-Metro NSW's $370. Nationally, Belmont's median mortgage repayments were significantly higher at $2,058 compared to the Australian average of $1,863, while rents were lower at $340 against the national figure of $375.

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

Family households constitute 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 comprise the remaining 36.0%, with lone person households at 33.4% and group households comprising 2.5%. The median household size is 2.2 people, smaller than the Rest of NSW average of 2.5.

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

The area's university qualification rate stands at 19.9%, significantly lower than NSW's average of 32.2%. Bachelor degrees are the most common, with 13.8% of residents holding such qualifications, followed by postgraduate qualifications (4.0%) and graduate diplomas (2.1%). Vocational credentials are prevalent among residents aged 15+, with 40.5% holding them, including advanced diplomas (10.8%) and certificates (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. Belmont's three schools have a combined enrollment of 1,198 students, serving distinct age groups with balanced educational opportunities (ICSEA: 989).

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

Belmont has 63 active public transport stops operating within its boundaries. These stops offer a variety of bus services, with 40 individual routes collectively providing 835 weekly passenger trips. The accessibility of these transport services is rated as excellent, with residents typically located 125 meters from the nearest stop.

On average, there are 119 trips per day across all routes, equating to approximately 13 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 indicated by its health data. The prevalence of common health conditions is notable across both younger and older age cohorts.

The rate of private health cover stands at approximately 52% of Belmont's total population (~3,870 people), slightly higher than the average SA2 area but lower than Rest of NSW's 54.2%. The most prevalent medical conditions are arthritis (affecting 12.0% of residents) and mental health issues (impacting 10.0%). Conversely, 58.2% of Belmont residents report being completely free from medical ailments, compared to Rest of NSW's 62.6%. The area has a higher proportion of seniors aged 65 and over at 27.8% (2,063 people), compared to Rest of NSW's 21.4%. Health outcomes among seniors present some challenges, broadly in line with the general population's health profile.

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

Belmont, surveyed in June 2016, had low cultural diversity with 89.2% of residents born in Australia, 92.1% being citizens, and 95.8% speaking English only at home. Christianity was the predominant religion, at 56.0%, compared to 52.5% regionally. In terms of ancestry, the top groups were English (33.2%), Australian (30.6%), and Scottish (9.1%).

Some ethnic groups had notable differences: Welsh were overrepresented at 0.8% in Belmont versus 0.8% regionally, Macedonian at 0.3% versus 0.4%, and Russian at 0.3% versus 0.2%.

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

Belmont's median age is 48 years, which is older than Rest of NSW's median age of 43 and significantly higher than the Australian median age of 38. The age profile shows that individuals aged 85 and above make up 4.8% of Belmont's population, while those aged 5 to 14 comprise only 8.9%. According to data from the post-2021 Census, the proportion of people aged 75 to 84 has increased from 8.6% to 9.6%, while the percentage of individuals aged 5 to 14 has decreased from 9.9% to 8.9%. By 2041, demographic modeling suggests that Belmont's age profile will change significantly. The number of people aged 85 and above is projected to increase by 200 individuals (56%), from 356 to 557. Residents aged 65 and above are expected to drive 61% of population growth, highlighting the trend of demographic aging. Meanwhile, both the 45 to 54 age group and those aged 5 to 14 are projected to decrease in number.