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

As per ABS population updates for the broader area and new addresses validated by AreaSearch, the estimated population of Belmont (Qld) is around 4,748 as of February 2026. This reflects a growth of 250 people since the 2021 Census, which reported a population of 4,498. The change is inferred from AreaSearch's estimated resident population of 4,740 following examination of ABS' latest ERP data release in June 2024 and an additional 12 validated new addresses since the Census date. This results in a density ratio of 486 persons per square kilometer. Belmont's growth rate of 5.6% since the 2021 census exceeded the SA3 area's growth rate of 4.9%. Overseas migration contributed approximately 65.0% 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 and years post-2032, Queensland State Government's SA2 area projections are adopted, released in 2023 based on 2021 data. However, these state projections do not provide age category splits, so AreaSearch applies proportional growth weightings in line with ABS Greater Capital Region projections for each age cohort. According to this methodology, projections indicate a decline in overall population by 229 persons by 2041. However, specific age cohorts are expected to grow, notably the 75 to 84 age group projected to increase by 169 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 in Belmont shows around 15 residential properties granted approval each year over the past five financial years. This totals an estimated 77 homes. So far in FY26, 7 approvals have been recorded. On average, 1 new resident per year per dwelling constructed has moved into the area between FY21 and FY25.

This indicates that new supply is keeping pace with or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts. The average construction value of new properties is $1,230,000, suggesting a focus on the premium market with high-end developments. In this financial year, $8.5 million in commercial development approvals have been recorded, indicating limited commercial development focus. Compared to Greater Brisbane, Belmont shows comparable construction activity per person, preserving market equilibrium consistent with surrounding areas.

This is below the national average, suggesting the area's established nature and potential planning limitations. New building activity consists of 95% detached houses and 5% attached dwellings, preserving Belmont's low density nature and attracting space-seeking buyers. With around 191 people per approval, Belmont reflects a low density area. Population projections indicating stability or decline suggest reduced housing demand pressures in the future, benefiting potential buyers.

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

Eleven projects have been identified by AreaSearch as potentially impacting the area. Key projects include Eastern Metro Expansion (Coorparoo to Capalaba), Brisbane Aquatic Centre Upgrades, Chandler Indoor Sports Centre and Precinct, Greenslopes Private Hospital Wakerley Specialist Centre. 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.

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

Belmont's workforce is highly educated with significant representation in essential services sectors. Its unemployment rate was 1.1% as of September 2025, lower than Greater Brisbane's 4.0%. Employment growth over the past year was estimated at 6.2%, based on AreaSearch aggregation of statistical area data.

As of September 2025, 2,894 residents were employed with an unemployment rate of 2.9% below Greater Brisbane's figure. Workforce participation in Belmont was 76.9%, higher than Greater Brisbane's 70.7%. According to Census responses, 21.9% of residents worked from home, potentially influenced by Covid-19 lockdowns. Leading employment industries were health care & social assistance, education & training, and professional & technical services, with a strong specialization in the latter (1.3 times the regional level).

However, accommodation & food services had limited presence (5.0% compared to 6.7% regionally). Over the year to September 2025, employment increased by 6.2% and labour force grew by 5.9%, reducing unemployment by 0.3 percentage points. In comparison, Greater Brisbane recorded employment growth of 3.8% with a 0.5 percentage point decrease in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 project overall growth of 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 13.9% over ten years, though this is a simplified extrapolation for illustrative purposes only.

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

AreaSearch's latest postcode level ATO data, released for financial year 2023, indicates Belmont's median income among taxpayers is $64,098, with an average of $97,101. Nationally, these figures place Belmont in the top percentile. In comparison, Greater Brisbane has a median income of $58,236 and an average of $72,799. Based on Wage Price Index growth of 9.91% since financial year 2023, estimated incomes as of September 2025 would be approximately $70,450 (median) and $106,724 (average). Census 2021 income data shows Belmont's household, family, and personal incomes rank highly nationally, between the 73rd and 88th percentiles. Distribution data reveals that 30.9% of residents (1,467 people) fall within the $1,500 - $2,999 income bracket, similar to metropolitan regions where 33.3% occupy this range. Economic strength is evident with 39.1% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 87.1% of their income, reflecting strong purchasing power. 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 dwelling structure, as per the latest Census, consisted of 90.2% houses and 9.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 73.5% houses and 26.5% other dwellings. Home ownership in Belmont was 36.0%, with mortgaged dwellings at 47.6% and rented ones at 16.4%. The median monthly mortgage repayment was $2,167, exceeding Brisbane metro's average of $1,863. Median weekly rent in Belmont was $460, higher than 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 account for 82.7% of all households, including 45.1% that are couples with children, 26.2% that are couples without children, and 10.4% that are single parent families. Non-family households make up the remaining 17.3%, with lone person households at 14.8% and group households comprising 2.6% of the total. The median household size is 2.9 people, which is 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 residents aged 15 and above have a higher proportion of university qualifications than broader averages. Specifically, 35.2% of Belmont's residents hold such qualifications compared to 22.1% in the SA3 area and 23.7% in the SA4 region. The most common university qualification is bachelor degrees at 23.7%, followed by postgraduate qualifications at 8.0% and graduate diplomas at 3.5%. Vocational credentials are also prevalent, with 31.4% of residents holding them, including advanced diplomas (11.2%) and certificates (20.2%).

Educational participation is high in Belmont, 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, all of which are bus stops. These stops are served by 14 different routes that together facilitate 709 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically located 308 meters from the nearest stop. As a primarily residential area, most commutes are outward-bound. Car remains the dominant mode of transportation at 86%, while bus usage stands at 6%. On average, there are 1.9 vehicles per dwelling in Belmont, which is higher than the regional average.

According to the 2021 Census, 21.9% of residents work from home, a figure that may be influenced by COVID-19 conditions. The service frequency averages 101 trips per day across all routes, 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. AreaSearch's assessment found very low prevalence of common health conditions across all age groups. The rate of private health cover was exceptionally high at approximately 66% of the total population (3,118 people), compared to 55.8% across Greater Brisbane and the national average of 55.7%.

The most common medical conditions in the area were asthma and mental health issues, impacting 7.1 and 6.9% of residents respectively. Seventy-two point nine percent declared themselves completely clear of medical ailments, compared to 69.2% across Greater Brisbane. The under-65 population demonstrates better than average health outcomes. Belmont has 18.1% of residents aged 65 and over (859 people), higher than the 15.2% in Greater Brisbane. Health outcomes among seniors are 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 was found to be more culturally diverse than most local markets, with 26.4% born overseas and 20.1% speaking a language other than English at home. Christianity was the predominant religion in Belmont, comprising 59.0% of its population. Notably, Judaism was overrepresented compared to Greater Brisbane, making up 0.3% of Belmont's population versus 0.1%.

The top three ancestry groups were English (24.6%), Australian (22.4%), and Irish (9.1%). There were also notable differences in the representation of New Zealand (1.2% vs regional 1.0%), Russian (0.6% vs 0.3%), and Korean (0.9% vs 0.5%) ethnic groups.

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 45-54 (14.3%) but fewer residents aged 25-34 (8.3%). Between the 2021 Census and the present, the proportion of residents aged 75-84 has increased from 4.0% to 6.2%, while the proportion of those aged 25-34 has decreased from 10.0% to 8.3%. By 2041, Belmont's age composition is projected to change significantly. The number of residents aged 85 and above is expected to grow by 117%, reaching 227 from 104. The population aged 65 and above will comprise 89% of the projected growth. Conversely, declines are projected for the populations aged 65-74 and 55-64.