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 February 2026, the estimated population of the suburb of Belmont (NSW) is around 7,487, reflecting a growth of 198 people since the 2021 Census. This increase represents a 2.7% change from the previous population count of 7,289. The resident population estimate of 7,384 by AreaSearch, based on their examination of the latest ERP data release by the ABS in June 2024 and additional validated new addresses since the Census date, supports this growth. This results in a population density ratio of 683 persons per square kilometer, which is comparable to averages seen across other locations assessed by AreaSearch. Belmont's 2.7% growth since the census places it within 1.4 percentage points of the SA3 area (4.1%), indicating competitive growth fundamentals. Overseas migration contributed approximately 93.0% of overall population gains during recent periods, driving primary population growth for the area.

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 by this data, released in 2022 with a base year of 2021. These projections indicate a decline in overall population over the period from 2022 to 2041, with the suburb of Belmont (NSW) expected to lose 217 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated during this time, notably led by the 85 and over age group, which is projected to increase by 205 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

AreaSearch analysis of ABS building approval numbers for Belmont shows approximately 22 new homes approved per year over the past five financial years, totalling an estimated 114 homes. As of FY-26, six approvals have been recorded. Despite a population decline during this period, housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice. The average expected construction cost value for new dwellings is $662,000, indicating a focus on the premium segment.

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 53rd percentile nationally, suggesting market maturity and possible development constraints. New building activity comprises 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 299 people per dwelling approval, indicating a low density market.

With population projections showing stability or decline, housing demand pressures are expected to remain relatively low, benefiting potential buyers.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 16 projects likely to impact the area. Key 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 prominent representation in essential services sectors. The unemployment rate was 4.6% in the past year, with an estimated employment growth of 1.7%. As of September 2025, 3,500 residents were employed, and the unemployment rate was 0.7% higher than Rest of NSW's rate of 3.8%.

Workforce participation was lower at 57.8%, compared to Rest of NSW's 61.5%. According to Census responses, 22.9% of residents worked from home in Belmont. Key industries for employment among residents were health care & social assistance, construction, and retail trade. Construction showed strong specialization with an employment share 1.4 times the regional level.

However, agriculture, forestry & fishing was under-represented at 0.3%, compared to Rest of NSW's 5.3%. Many residents commuted elsewhere for work based on Census data. Over the 12 months to September 2025, employment increased by 1.7% while labour force increased by 3.0%, causing unemployment to rise by 1.2 percentage points in Belmont. In contrast, Rest of NSW saw employment fall by 0.5%, labour force contract by 0.1%, and unemployment rise by 0.4 percentage points. National employment forecasts from Jobs and Skills Australia, published in May-25, project national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Belmont's employment mix suggests local employment should increase by 6.8% over five years and 14.0% over ten years.

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

AreaSearch's latest postcode level ATO data for financial year ending June 2023 shows median income in Belmont suburb is $48,697. Average income stands at $63,738. This contrasts with Rest of NSW figures: median income of $52,390 and average income of $65,215. Based on Wage Price Index growth of 8.86% from July 2023 to September 2025, estimated incomes would be approximately $53,012 (median) and $69,385 (average). Census 2021 data shows Belmont's household, family, and personal incomes fall between the 18th and 27th percentiles nationally. The predominant earnings cohort spans 24.8% of locals (1,856 people) in the $1,500 - 2,999 category, aligning with regional levels at 29.9%. Housing affordability pressures are severe; only 81.7% of income remains, ranking at the 17th percentile. Belmont'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% consisting of semi-detached homes, apartments, and other types of dwellings. This is compared to Non-Metro NSW's dwelling structure of 82.6% houses and 17.4% other dwellings. Home ownership in Belmont was at 41.7%, with the rest being mortgaged (26.7%) or rented (31.6%). The median monthly mortgage repayment in Belmont was $2,058, higher than Non-Metro NSW's average of $1,733. The median weekly rent figure for Belmont was $340, slightly higher than Non-Metro NSW's $330. Nationally, Belmont's mortgage repayments were significantly higher at $2,058 compared to the Australian average of $1,863, while rents were lower at $340 versus the national figure of $375.

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

Family households comprise 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 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 2.4.

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 NSW's average of 32.2%. Bachelor degrees are the most common at 13.8%, followed by postgraduate qualifications at 4.0% and graduate diplomas at 2.1%. Vocational credentials are prevalent, with 40.5% of residents aged 15+ 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, comprising 8.2% in primary, 7.3% in secondary, and 4.1% in tertiary education.

Educational participation is notably 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 enjoy excellent transport accessibility, with an average distance of 124 meters to the nearest stop. Commuting patterns show a dominance of car use at 92%, and walking at 4%. Vehicle ownership averages 1.2 per dwelling, below the regional average. In 2021 Census data, 22.9% of residents worked from home, potentially influenced by COVID-19 conditions. Service frequency averaged 119 trips per day across all routes, resulting in approximately 11 weekly trips per individual 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, according to AreaSearch's assessment.

Mortality rates and chronic condition prevalence are substantial across both younger and older age groups. Private health cover stands at approximately 52% of the total population (~3,904 people), slightly higher than the average SA2 area. The most prevalent medical conditions are arthritis (12.0%) and mental health issues (10.0%). Conversely, 58.2% of residents report having no medical ailments, compared to 63.3% across Rest of NSW. Working-age individuals face notable health challenges due to elevated chronic condition rates. Belmont has a higher proportion of seniors aged 65 and over (27.8%, or 2,081 people), compared to Rest of NSW at 23.4%. Health outcomes among seniors present some challenges but align 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's population shows low cultural diversity, with 89.2% born in Australia, 92.1% being citizens, and 95.8% speaking English only at home. Christianity is the predominant religion, accounting for 56.0%, slightly higher than the Rest of NSW average of 55.9%. The top three ancestry groups are English (33.2%), Australian (30.6%), and Scottish (9.1%).

Notably, Welsh (0.8%) and Macedonian (0.3%) populations are higher in Belmont compared to regional averages, while Russian is slightly higher at 0.3%.

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 4.9% of Belmont's population, a notably higher proportion compared to other regions in NSW. Conversely, the percentage of children aged 5 to 14 is relatively smaller at 8.6%. Post-2021 Census data indicates that the 25 to 34 age group has increased from 10.9% to 12.1%, while the 75 to 84 cohort has risen from 8.6% to 9.7%. However, the 5 to 14 age group has decreased from 9.9% to 8.6%, and the 45 to 54 age group has dropped from 12.0% to 10.7%. Demographic projections suggest that by 2041, Belmont's age profile will change significantly. The number of individuals aged 85 and above is projected to increase by 186 people (51%), reaching a total of 553. Senior residents aged 65 and above are expected to drive 72% of population growth, highlighting the trend of demographic aging in Belmont. Meanwhile, both the 0 to 4 and 45 to 54 age groups are projected to see a decrease in numbers.