Belmont (Qld)

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, the suburb of Belmont's population is estimated at around 4785 as of May 2026. This reflects an increase of 287 people (6.4%) since the 2021 Census, which reported a population of 4498 people. The change is inferred from the resident population of 4785, estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2025 and an additional 12 validated new addresses since the Census date. This level of population equates to a density ratio of 489 persons per square kilometer, providing significant space per person and potential room for further development. Belmont's growth of 6.4% since the 2021 census exceeded the SA3 area's growth of 5.4%, marking it as a growth leader in the region. Population growth for the area was primarily driven by overseas migration that contributed approximately 65.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, Queensland State Government's SA2 area projections are adopted, released in 2023 and based on 2021 data. It should be noted that these state projections do not provide age category splits; hence where utilised, AreaSearch is applying proportional growth weightings in line with the ABS Greater Capital Region projections for each age cohort, released in 2023 based on 2022 data. Considering the projected demographic shifts, projections indicate a decline in overall population over this period, with the area's population expected to shrink by 250 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by the 75 to 84 age group, which is projected to increase by 143 people.

AreaSearch analysis of residential development drivers sees Belmont recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers for Belmont shows approximately 13 new homes approved annually. Between FY-21 and FY-25, around 69 homes were approved, with an additional 14 approved so far in FY-26. This results in an average of about 2 new residents per year per dwelling constructed over the past five financial years.

The market appears balanced between supply and demand, supporting stable conditions. Developers target the premium market segment, with new dwellings averaging $1,230,000 in construction cost value. In FY-26, $8.5 million in commercial development approvals have been recorded, indicating limited focus on commercial development compared to residential. Relative to Greater Brisbane, Belmont has 11.0% less new development per person but ranks among the 63rd percentile nationally for assessed areas.

Recent construction activity has intensified, though it remains below average nationally, suggesting possible planning constraints in the mature area. All new construction consists of detached houses, preserving Belmont's low-density nature and appealing to space-seeking buyers with around 230 people per dwelling approval. With stable or declining population forecasts, Belmont may experience less housing pressure, creating favourable conditions for 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 ten projects potentially affecting the region. Notable ones are Eastern Metro Expansion (CBD to Capalaba), Brisbane Aquatic Centre Upgrades, Chandler Indoor Sports Centre and Precinct, Greenslopes Private Hospital Wakerley Specialist Centre. 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.

AreaSearch analysis of employment trends sees Belmont performing better than 90% of local markets assessed across Australia

Belmont has an educated workforce with prominent representation in essential services sectors. Its unemployment rate is 1.3% as of December 2025. Employment growth over the past year was estimated at 5.6%.

This compares favourably to Greater Brisbane's employment growth of 3.2% and labour force growth of 3.0%. Belmont's unemployment rate is 2.9% lower than Greater Brisbane's rate of 4.1%, with a workforce participation rate of 77.1% compared to Greater Brisbane's 69.6%. According to Census responses, 21.9% of residents work from home. Leading employment industries are health care & social assistance, education & training, and professional & technical services.

The area specialises particularly in education & training with an employment share 1.3 times the regional level, while accommodation & food shows lower representation at 5.0%. Over the year to December 2025, employment increased by 5.6% while labour force increased by 5.6%, with unemployment remaining essentially unchanged. Jobs and Skills Australia's national employment forecasts from May-25 suggest Belmont's employment should increase by 6.8% over five years and 13.9% over ten years, based on industry-specific projections applied to the local employment mix.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch released its latest postcode level ATO data for financial year 2023. In Belmont, the median income among taxpayers was $64,098 with an average of $97,101, placing it in the top percentile nationally. This compares to Greater Brisbane's median of $58,236 and average of $72,799. Based on Wage Price Index growth of 11.36% since financial year 2023, current estimates for Belmont would be approximately $71,380 (median) and $108,132 (average) as of March 2026. The 2021 Census data shows household, family, and personal incomes in Belmont rank highly nationally, between the 73rd and 88th percentiles. In Belmont, 30.9% of individuals earn between $1,500 - $2,999 weekly (1,478 individuals), similar to regional patterns where 33.3% occupy this range. Notably, 39.1% of residents exceed $3,000 weekly earnings, indicating strong purchasing power within the community. After housing costs, Belmont residents retain 87.1% of their income, reflecting strong purchasing power, and the area's SEIFA income ranking places it in the 8th decile.

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

Belmont's dwellings, as per the latest Census, consisted of 90.2% houses and 9.8% other types (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 73.5% houses and 26.5% other dwellings. Home ownership in Belmont stood at 36.0%, with mortgaged dwellings at 47.6% and rented ones at 16.4%. The median monthly mortgage repayment was $2,167, higher than Brisbane metro's average of $1,863. The median weekly rent in Belmont was $460, compared to Brisbane metro's $380. Nationally, Belmont's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Belmont features high concentrations of family households, with a higher-than-average median household size

Family households constitute 82.7% of all households, including 45.1% couples with children, 26.2% couples without children, and 10.4% single parent families. Non-family households comprise the remaining 17.3%, with lone person households at 14.8% and group households making up 2.6%. The median household size is 2.9 people, larger than the Greater Brisbane average of 2.6.

Belmont demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Belmont's educational attainment exceeds broader standards. Among residents aged 15+, 35.2% possess university qualifications, compared to 22.1% in the SA3 area and 23.7% in the SA4 region. This educational advantage is led by bachelor degrees (23.7%), followed by postgraduate qualifications (8.0%) and graduate diplomas (3.5%). Vocational credentials are prominent, with 31.4% of residents aged 15+ holding such qualifications - advanced diplomas at 11.2% and certificates at 20.2%.

Educational participation is notably high, with 30.3% of residents currently enrolled in formal education. This includes 9.8% in primary education, 8.2% in secondary education, and 6.3% pursuing tertiary education.

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

Belmont has 17 active public transport stops operating within it, all of which are bus stops. These stops are serviced by 14 different routes that together provide 709 weekly passenger trips. Transport accessibility in Belmont is rated as good, with residents typically located 308 meters from the nearest transport stop. As a primarily residential area, most residents commute outward. The car remains the dominant mode of transport at 86%, while only 6% use the bus. Vehicle ownership averages 1.9 per dwelling, which is above the regional average.

According to the 2021 Census, some 21.9% of Belmont residents work from home, a figure that may reflect COVID-19 conditions. Service frequency across all routes averages 101 trips per day, equating to approximately 41 weekly trips per individual stop.

Belmont's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout Belmont. Mortality rates and chronic condition prevalence were very low across all age groups. Private health cover was exceptionally high at approximately 66% of the total population (3,142 people), compared to 55.8% across Greater Brisbane and a national average of 55.7%.

The most common medical conditions were asthma and mental health issues, impacting 7.1 and 6.9% of residents respectively. 72.9% of residents declared themselves completely clear of medical ailments, compared to 69.2% across Greater Brisbane. The under-65 population demonstrated better than average health outcomes. Belmont had 17.7% of residents aged 65 and over (846 people), higher than the 15.1% in Greater Brisbane. Health outcomes among seniors were particularly strong, with national rankings broadly in line with the general population.

The level of cultural diversity witnessed in Belmont was found to be above average when compared nationally for a number of language and cultural background related metrics

Belmont's population showed high cultural diversity, with 26.4% born overseas and 20.1% speaking a language other than English at home. Christianity was the predominant religion, comprising 59.0%. Notably, Judaism had a higher representation in Belmont at 0.3%, compared to Greater Brisbane's 0.1%.

The top three ancestry groups were English (24.6%), Australian (22.4%), and Irish (9.1%). Some ethnic groups showed notable differences: New Zealand was overrepresented at 1.2% (vs regional 1.0%), Russian at 0.6% (vs 0.3%), and Korean at 0.9% (vs 0.5%).

Belmont's population aligns closely with national norms in age terms

The median age in Belmont is 39 years, slightly higher than Greater Brisbane's average of 36 years and close to Australia's median of 38 years. Compared to Greater Brisbane, Belmont has a higher proportion of residents aged 55-64 (12.3%) but fewer residents aged 25-34 (9.4%). Between the 2021 Census and now, the population aged 75-84 has grown from 4.0% to 6.1%, while the 45-54 age group has decreased from 15.2% to 14.1%. By 2041, Belmont's age composition is expected to change significantly. The 85+ age group is projected to grow by 128 people, reaching 229, a 128% increase. Those aged 65 and above will comprise 90% of the population growth. Conversely, population declines are projected for those aged 65-74 and 55-64.