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

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, Belmont's population is estimated at around 7475 as of November 2025. This reflects an increase of 186 people (2.6%) since the 2021 Census, which reported a population of 7289 people. The change is inferred from the resident population of 7384 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 137 validated new addresses since the Census date. This level of population equates to a density ratio of 682 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Belmont's 2.6% growth since census positions it within 1.4 percentage points of the SA3 area (4.0%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration that contributed approximately 93.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Moving forward with demographic trends, over this period, projections indicate a decline in overall population, with the Belmont (NSW) statistical area (Lv2)'s population expected to shrink by 214 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by 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

Belmont has seen approximately 22 new home approvals per year over the past five financial years, totalling around 114 homes. As of FY-26, there have been six approvals recorded. The population has fallen during this period, yet housing supply has remained adequate relative to demand, resulting in a well-balanced market with diverse buyer choices. New dwellings are developed at an average construction cost value of $662,000, indicating a focus on the premium segment.

This financial year, $28.7 million in commercial development approvals have been recorded, showing strong commercial development momentum. Compared to the rest of NSW, Belmont records about three-quarters of the building activity per person and ranks among the 53rd percentile nationally when assessed against other areas. This lower level of building activity reflects market maturity and possible development constraints. In terms of dwelling types, 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. Given stable or declining population projections, housing demand pressures are expected to remain reduced in the area, 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 that may impact the region. 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 likely to be 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 significant representation in essential services sectors. Its unemployment rate was 4.6% as of the past year, with an estimated employment growth of 1.7%.

As of September 2025, 3,502 residents are employed, with an unemployment rate of 4.5%, which is 0.7% higher than Rest of NSW's rate of 3.8%. Workforce participation in Belmont was 52.1%, compared to Rest of NSW's 56.4%. Key industries for employment among residents include health care & social assistance, construction, and retail trade. Construction stands out with an employment share 1.4 times the regional level, while agriculture, forestry & fishing is under-represented at 0.3% compared to Rest of NSW's 5.3%.

Many Belmont residents commute elsewhere for work based on Census data. Over the 12 months to September 2025, employment increased by 1.7%, while labour force increased by 3.1%, leading to a rise in unemployment rate by 1.2 percentage points. This contrasts with Rest of NSW where employment fell by 0.5% and unemployment rose by 0.4 percentage points. State-level data as of 25-Nov shows NSW employment contracted by 0.03%, with an unemployment rate of 3.9%. National forecasts from Jobs and Skills Australia project national employment growth at 6.6% over five years and 13.7% over ten years, but industry-specific projections suggest Belmont's 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 2023 shows that income in Belmont is below the national average. The median assessed income is $48,697 and the average income stands at $63,738. In contrast, Rest of NSW has a median income of $52,390 and an average income of $65,215. Based on Wage Price Index growth of 8.86% since financial year 2023, current estimates for Belmont would be approximately $53,012 (median) and $69,385 (average) as of September 2025. Census 2021 income data indicates that household, family and personal incomes in Belmont all fall between the 18th and 27th percentiles nationally. The earnings profile shows that the predominant cohort spans 24.8% of locals (1,853 people) in the $1,500 - 2,999 income category, aligning with regional levels where this cohort represents 29.9%. Housing affordability pressures are severe, 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

Dwelling structure in Belmont, as evaluated at the latest Census, comprised 70.0% houses and 30.0% other dwellings. In comparison, Non-Metro NSW had 82.4% houses and 17.6% other dwellings. Home ownership in Belmont was 41.7%, with mortgaged dwellings at 26.7% and rented dwellings at 31.6%. The median monthly mortgage repayment in Belmont was $2,058, compared to Non-Metro NSW's $2,000. The median weekly rent figure in Belmont was $340, while Non-Metro NSW recorded $370. Nationally, Belmont's mortgage repayments were higher than the Australian average of $1,863, and 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 at 33.4% and group households comprising 2.5% of the total. The median household size is 2.2 people, which is 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 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 (4.0%) and graduate diplomas (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.

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

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

The transport analysis shows that Belmont has 70 active public transport stops, all of which are bus stops. These stops are served by 40 different routes, together offering 839 weekly passenger trips. The accessibility of the transport system is rated as excellent, with residents living an average of 124 meters from their nearest stop.

On average, there are 119 trips per day across all routes, which means each stop gets about 11 weekly trips.

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 data showing high prevalence of common health conditions across both younger and older age groups. The rate of private health cover is 52%, slightly higher than the average SA2 area but lower than the Rest of NSW figure at 54.4%.

The most prevalent medical conditions are arthritis (12.0%) and mental health issues (10.0%), with 58.2% of residents reporting no medical ailments, compared to 62.6% in Rest of NSW. Belmont has a higher proportion of seniors aged 65 and over at 27.8%, or approximately 2,078 people, than the Rest of NSW average of 21.4%. Health outcomes among seniors present challenges broadly in line with those of 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 data from June 2016, had a low cultural diversity with 89.2% of its population born in Australia, 92.1% being citizens, and 95.8% speaking English only at home. Christianity was the dominant religion in Belmont, accounting for 56.0% of the population, compared to 52.5% in the rest of NSW. The top three ancestry groups were English (33.2%), Australian (30.6%), and Scottish (9.1%).

Notably, Welsh (0.8%) was proportionally similar to the regional average, while Macedonian (0.3%) and Russian (0.3%) were slightly higher than their respective regional percentages of 0.4% and 0.2%.

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

Belmont's median age is 48 years, which is notably 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%. Post-2021 Census data indicates that the 75 to 84 age group has increased from 8.6% to 9.6%, while the 5 to 14 age group has decreased from 9.9% to 8.9%. Demographic modeling suggests that Belmont's age profile will undergo significant changes by 2041. The number of individuals aged 85 and above is projected to increase by 198 people, from 358 to 557, representing a 55% expansion. Senior residents aged 65 and above are expected to drive 63% of population growth, reinforcing demographic aging trends in the area. Meanwhile, both the 0 to 4 and 45 to 54 age groups are projected to see reduced numbers.