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, Belmont's population is estimated at around 4,726, reflecting a 5.1% increase from the 2021 Census figure of 4,498 people. This growth was inferred from AreaSearch's examination of the latest ERP data release by the ABS (June 2024) and validation of 12 new addresses since the Census date. The population density is 483 persons per square kilometer. Belmont's growth exceeded the SA3 area average of 4.6%, making it a regional growth leader. Overseas migration contributed approximately 65% of overall population gains recently. AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.

For areas not covered or years post-2032, Queensland State Government's SA2 area projections from 2023 (based on 2021 data) are used, applying proportional growth weightings for age cohorts according to ABS Greater Capital Region projections released in 2023. By 2041, the suburb of Belmont is projected to see a decline of 234 persons overall. However, specific age groups like those aged 75 to 84 are expected to grow by 165 people during 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 in Belmont shows around 14 residential properties granted approval each year over the past five financial years. This totals an estimated 72 homes from FY-20 to FY-25. As of FY-26, 4 approvals have been recorded.

With an average of 1 new resident per year per dwelling constructed between FY-21 and FY-25, supply and demand appear balanced, indicating stable market conditions. The average construction value of new properties is $1,230,000, suggesting developers focus on the premium market with high-end developments. Belmont's development levels are similar to Greater Brisbane per person, supporting market stability aligned with regional patterns, though recent construction activity has intensified. Nationally, however, this activity is below average, reflecting the area's maturity and possible planning constraints.

Building activity shows 95.0% detached houses and 5.0% attached dwellings, preserving Belmont's low density nature and attracting space-seeking buyers with around 247 people per approval. Given 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 20% nationally

Eleven infrastructure projects have been identified by AreaSearch as potentially impacting the area. Key projects include Eastern Metro Study - 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 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 a well-educated workforce with prominent representation in essential services sectors. The unemployment rate was 1.3% as of June 2025.

Employment growth over the past year was estimated at 4.5%. This is based on AreaSearch aggregation of statistical area data. As of June 2025, 2,850 residents were in work with an unemployment rate of 2.8%, lower than Greater Brisbane's rate of 4.1%. Workforce participation was 69.0%, compared to Greater Brisbane's 64.5%.

Leading employment industries among Belmont residents include health care & social assistance, education & training, and professional & technical services. Education & training showed particular strength with an employment share 1.3 times the regional level. Conversely, accommodation & food had limited presence at 5.0%, compared to the regional average of 6.7%. Employment opportunities locally may be limited as indicated by the count of Census working population versus resident population. Over the 12 months to June 2025, employment increased by 4.5% and labour force grew by 4.3%, reducing the unemployment rate by 0.3 percentage points. Greater Brisbane recorded employment growth of 4.4%, labour force growth of 4.0%, with unemployment falling by 0.4 percentage points during this period. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall employment expansion 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 13.9% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch released postcode level ATO data for financial year 2022. Belmont's median income among taxpayers was $64,098 with an average of $97,101. This places it in the top percentile nationally. In comparison, Greater Brisbane had a median income of $55,645 and an average of $70,520. Based on Wage Price Index growth of 13.99% since financial year 2022, estimated incomes for September 2025 would be approximately $73,065 (median) and $110,685 (average). Census 2021 data shows Belmont's household, family, and personal incomes rank highly nationally, between the 73rd and 88th percentiles. Income distribution shows that 30.9% of residents (1,460 people) fall within the $1,500 - $2,999 bracket. This is 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 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 $1,950. The median weekly rent in Belmont was $460, compared to Brisbane metro's $405. Nationally, Belmont's mortgage repayments were significantly higher at $2,167 versus the Australian average of $1,863, and rents were substantially higher at $460 compared to 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% 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% of the total. The median household size is 2.9 people, which is 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

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

Educational participation is 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. Schools appear to be located outside Belmont's immediate boundaries, requiring families to access educational facilities in neighboring areas.

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

Belmont's public transport analysis shows 17 active stops operating within the area, all of which are bus stops. These stops are serviced by 14 individual routes that collectively provide 856 weekly passenger trips. Transport accessibility is rated as good, with residents typically located 308 meters from the nearest stop.

Service frequency averages 122 trips per day across all routes, equating to approximately 50 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 indicates robust performance across Belmont, with both younger and older age cohorts exhibiting low prevalence of common health conditions. Approximately 66% of Belmont's total population (3103 people) has private health cover, compared to Greater Brisbane's 55.1%. Nationally, the average is 55.3%.

The most prevalent medical conditions in Belmont are asthma and mental health issues, affecting 7.1% and 6.9% of residents respectively. Conversely, 72.9% of residents declare themselves completely free from medical ailments, compared to Greater Brisbane's 66.8%. Belmont has 17.3% of its population aged 65 and over (817 people), lower than Greater Brisbane's 20.0%. Notably, health outcomes among seniors in Belmont are particularly strong, outperforming the general population in health metrics.

Belmont was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Belmont has a higher cultural diversity than most local markets, with 26.4% of its population born overseas and 20.1% speaking a language other than English at home. Christianity is the predominant religion in Belmont, accounting for 59.0% of people. Notably, Judaism is overrepresented, comprising 0.3% of Belmont's population compared to 0.1% across Greater Brisbane.

In terms of ancestry, the top three groups are English (24.6%), Australian (22.4%), and Irish (9.1%). There are also significant differences in the representation of certain ethnic groups: New Zealand is notably overrepresented at 1.2%, Russian at 0.6%, and Korean at 0.9%.

Belmont's population is slightly older than the national pattern

The median age in Belmont is 39 years, which is 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 percentage of residents aged 45-54 (14.4%) but fewer residents aged 25-34 (8.8%). Between the 2021 Census and now, the proportion of Belmont's population aged 75-84 has increased from 4.0% to 5.7%, while the percentage of those aged 25-34 has decreased from 10.0% to 8.8%. By 2041, Belmont's age composition is expected to change significantly. The number of residents aged 75-84 is projected to grow by 53%, reaching 413 from 269. This growth will be driven primarily by the aging population dynamic, with those aged 65 and above accounting for 91% of the projected growth. Conversely, population declines are projected for the age groups 65-74 and 55-64.