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 of Nov 2025, the population of the Belmont (Qld) statistical area (Lv2) is estimated at around 4,745, reflecting an increase of 247 people since the 2021 Census. This growth represents a 5.5% rise from the previously reported population of 4,498. The change is inferred from AreaSearch's estimation of the resident population at 4,740, following examination of the latest ERP data release by the ABS in June 2024 and validation of an additional 12 new addresses since the Census date. This results in a density ratio of 485 persons per square kilometer, indicating significant space per person and potential room for further development. The Belmont (Qld) (SA2) has shown greater population growth than its SA3 area counterpart, with a 5.5% increase since the 2021 Census compared to the SA3's 4.9%, marking it as a growth leader in the region. This growth is primarily driven by overseas migration, contributing 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, based on 2021 data and released in 2023. However, these state projections do not provide age category splits; hence proportional growth weightings aligned with the ABS Greater Capital Region projections are applied where utilised. Looking ahead, population projections indicate a decline of 232 persons by 2041, according to this methodology. Despite this overall decrease, specific age cohorts are anticipated to grow, notably the 75 to 84 age group, projected to increase by 165 people over this period.

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 for Belmont shows around 15 residential properties granted approval each year over the past five financial years. This totals an estimated 77 homes from FY-21 to FY-25. As of FY-26, 7 approvals have been recorded. With an average of one new resident per year per dwelling constructed during this period, new supply is meeting or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts.

The average construction value of these properties is $1,230,000, indicating a focus on the premium market by developers. This financial year has seen $8.5 million in commercial development approvals, suggesting limited commercial development activity compared to residential. Relative to Greater Brisbane, Belmont's construction activity per person is comparable, maintaining market equilibrium with surrounding areas and falling below the national average. The area's established nature and potential planning limitations are indicated by this lower-than-average activity.

Building activity comprises 95% detached houses and 5% attached dwellings, preserving Belmont's low-density character and attracting space-seeking buyers. With around 191 people per approval, Belmont reflects a low-density population. Given stable or declining population projections, housing demand pressures in Belmont are expected to remain relatively low, 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 among these are: 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 most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

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

Belmont has an educated workforce with significant representation in essential services sectors. Its unemployment rate is 1.1%, with estimated employment growth of 6.0% over the past year, based on AreaSearch's aggregation of statistical area data.

As of September 2025, there are 2,884 employed residents, with an unemployment rate of 2.9% compared to Greater Brisbane's 4.0%. Workforce participation is at 69.0%, slightly higher than Greater Brisbane's 64.5%. The leading employment industries among Belmont residents are health care & social assistance, education & training, and professional & technical services. Notably, the area has a strong specialization in education & training with an employment share of 1.3 times the regional level.

Conversely, accommodation & food services have limited presence at 5.0%, compared to the regional average of 6.7%. Over the year ending September 2025, employment increased by 6.0% while labour force grew by 5.8%, leading to a slight decrease in unemployment rate of 0.2 percentage points. Comparatively, Greater Brisbane saw employment growth of 3.8%, labour force growth of 3.3%, and a fall in unemployment rate of 0.5 percentage points. State-level data up to 25-Nov-25 shows Queensland's employment contracted by 0.01% with an unemployment rate of 4.2%. Nationally, the unemployment rate is 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 suggest overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Belmont's current employment mix indicates potential local employment increases of 6.8% over five years and 13.9% over ten years, though these are simple extrapolations for illustrative purposes and do not account for localized population projections.

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 for financial year 2023 reports Belmont's median income among taxpayers at $64,098 and average at $97,101. Nationally, these figures place Belmont in the top percentile. Comparing with Greater Brisbane's median of $58,236 and average of $72,799 highlights this disparity. Considering Wage Price Index growth of 9.91% since financial year 2023, estimated incomes for 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. Income distribution reveals that 30.9% of residents (1,466 people) fall within the $1,500 - $2,999 bracket, mirroring metropolitan patterns 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 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 dwelling structure, as per the latest Census, had 90.2% houses and 9.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 85.0% houses and 15.1% 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 $1,950. The median weekly rent in Belmont was $460, compared to Brisbane metro's $405. Nationally, Belmont's mortgage repayments were significantly higher than the Australian average of $1,863, while 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 2.7.

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

Educational attainment in Belmont is notably higher than broader averages. Among residents aged 15 and above, 35.2% have university qualifications, compared to 22.1% in the SA3 area and 23.7% in the SA4 region. Bachelor degrees are most common at 23.7%, followed by postgraduate qualifications (8.0%) and graduate diplomas (3.5%). Vocational credentials are also prevalent, with 31.4% of residents holding such qualifications - advanced diplomas at 11.2% and certificates at 20.2%.

Educational participation is high, with 30.3% of residents currently enrolled in formal education, including 9.8% in primary, 8.2% in secondary, 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 currently operating. These are served by a mix of bus routes totalling 14 individual services. The combined weekly passenger trips from these stops amount to 709.

Residential accessibility to transport is rated as good, with an average distance of 308 meters to the nearest stop. Across all routes, service frequency averages 101 trips per day, which equates to approximately 41 weekly trips per individual stop.

Belmont's residents are extremely healthy with both young and old age cohorts seeing low prevalence of common health conditions

Analysis of health metrics shows strong performance throughout Belmont with both young and old age cohorts seeing low prevalence of common health conditions. The rate of private health cover is exceptionally high at approximately 66% of the total population (3,116 people), compared to 55.9% across Greater Brisbane. This figure is higher than the national average of 55.7%.

The most common medical conditions in the area are asthma and mental health issues, impacting 7.1 and 6.9% of residents respectively. A total of 72.9% of residents declared themselves completely clear of medical ailments, compared to 66.8% across Greater Brisbane. Belmont has 17.3% of residents aged 65 and over (820 people), which is lower than the 20.0% in Greater Brisbane. Health outcomes among seniors are particularly strong, performing even better than the general population in health metrics.

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 significant diversity, with 26.4% born overseas and 20.1% speaking languages other than English at home. Christianity was the predominant religion in Belmont, accounting for 59.0%. Notably, Judaism comprised 0.3%, higher than Greater Brisbane's 0.1%.

The top three ancestral groups were English (24.6%), Australian (22.4%), and Irish (9.1%). Some ethnic groups showed notable differences: New Zealand was equally represented at 1.2%, Russian was overrepresented at 0.6% compared to the regional average of 0.3%, and Korean was also overrepresented at 0.9%.

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

The median age in Belmont is 39 years, which is slightly higher than Greater Brisbane's average of 36 years and comparable to Australia's median age of 38 years. Compared to Greater Brisbane, Belmont has a higher proportion of residents aged 45-54 (14.4%) but fewer residents aged 25-34 (8.8%). Between the 2021 Census and now, the proportion of residents aged 75-84 has increased from 4.0% to 5.7%, while the proportion of those aged 25-34 has decreased from 10.0% to 8.8%. By 2041, Belmont's age composition is projected to change significantly. The number of residents aged 75-84 is expected to grow by 53%, reaching 413 from 270. This growth will be led by the aging population dynamic, with those aged 65 and above accounting for 92% of the projected population increase. Conversely, population declines are projected for the age groups 65-74 and 55-64.