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 population of Belmont (Qld) is estimated at around 4748 as of Feb 2026. This reflects an increase of 250 people (5.6%) since the 2021 Census, which reported a population of 4498 people. The change is inferred from the resident population of 4740, estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 12 validated new addresses since the Census date. This level of population equates to a density ratio of 486 persons per square kilometer. Belmont's growth of 5.6% since the 2021 census exceeded the SA3 area's growth of 4.9%, marking it as a growth leader in the region. Population growth was primarily driven by overseas migration, contributing 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 areas not covered and years post-2032, Queensland State Government's SA2 area projections are adopted, released in 2023 based on 2021 data. These state projections do not provide age category splits, so AreaSearch applies proportional growth weightings in line with the ABS Greater Capital Region projections for each age cohort, released in 2023 based on 2022 data. Considering projected demographic shifts, over this period, projections indicate a decline in overall population by 238 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 168 people.

Residential development activity is lower than average in Belmont according to AreaSearch's national comparison of local real estate markets

Belmont had approximately 13 new homes approved annually based on AreaSearch analysis of ABS building approval numbers. Between FY-21 and FY-25, around 69 homes were approved, with an additional 10 approved in FY-26. Each year, about 1.1 new residents per dwelling were estimated.

This indicates a balanced supply and demand market supporting stable conditions. The average construction cost value of new dwellings was $1,230,000, suggesting developers target the premium market segment with higher-end properties. In FY-26, $8.5 million in commercial development approvals have been recorded, indicating limited commercial development focus compared to residential. Relative to Greater Brisbane, Belmont has 10.0% less new development per person but ranks among the 63rd percentile nationally.

Recent construction activity has intensified, though it remains below average nationally due to planning constraints and the area's maturity. All approved constructions were detached houses, preserving Belmont's low density nature with around 229 people per dwelling approval. Stable or declining population forecasts may reduce housing pressure in Belmont, creating favourable conditions for 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 from Coorparoo to Capalaba, Brisbane Aquatic Centre Upgrades, Chandler Indoor Sports Centre and Precinct, Greenslopes Private Hospital Wakerley Specialist Centre. The following list details those expected 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 has an educated workforce with prominent representation in essential services sectors. Its unemployment rate is 1.3%, and it experienced a 5.4% employment growth over the past year (AreaSearch). As of December 2025, 2910 residents are employed, with an unemployment rate of 2.9% below Greater Brisbane's rate of 4.1%.

Workforce participation is high at 77.5%. Moderately, 21.9% work from home (Census). Key industries include health care & social assistance, education & training, and professional & technical services. Education & training has a strong presence with an employment share 1.3 times the regional level.

Conversely, accommodation & food shows lower representation at 5.0%. Over the year to December 2025, Belmont's employment increased by 5.4% while labour force grew by 5.4%, keeping unemployment unchanged. In contrast, Greater Brisbane had employment growth of 3.2% and labour force growth of 3.0%. Jobs and Skills Australia projects national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Belmont's mix suggests local employment should increase by 6.8% over five years and 13.9% over ten years (simple weighting extrapolation).

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

AreaSearch released postcode level ATO data for financial year 2023. Belmont's median income among taxpayers was $64,098 with an average of $97,101. Nationally, this places Belmont in the top percentile. Comparing to Greater Brisbane, Belmont's median was higher at $58,236 and average at $72,799. Based on Wage Price Index growth since financial year 2023, current estimates for Belmont are approximately $70,450 (median) and $106,724 (average) as of September 2025. The 2021 Census shows household, family and personal incomes in Belmont rank highly nationally, between the 73rd and 88th percentiles. The $1,500 - 2,999 earnings band captures 30.9% of Belmont's community (1,467 individuals), similar to regional levels at 33.3%. Higher earners are significant with 39.1% exceeding $3,000 weekly. After housing costs, residents retain 87.1% of 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). This compares to Brisbane metro's 73.5% houses and 26.5% other dwellings. Home ownership in Belmont was at 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. The 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% couples with children, 26.2% couples without children, and 10.4% single parent families. Non-family households make up 17.3%, comprising 14.8% lone person households and 2.6% group households. The median household size is 2.9 people, higher 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 significantly exceeds broader benchmarks. As of 2016, 35.2% of residents aged 15+ held university qualifications, compared to 22.1% in the SA3 area and 23.7% in the SA4 region. The most common qualification was bachelor degrees at 23.7%, followed by postgraduate qualifications at 8.0% and graduate diplomas at 3.5%. Vocational credentials were also prominent, with 31.4% of residents aged 15+ holding such qualifications.

Advanced diplomas accounted for 11.2% and certificates for 20.2%. Educational participation was notably high, with 30.3% of residents currently enrolled in formal education as of the 2016 Census. This included 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

Analysis of public transport in Belmont shows 17 active stops operating, all serving buses. These stops are covered by 14 different routes, collectively offering 709 weekly passenger trips. Transport accessibility is rated good, with residents typically located 308 meters from the nearest stop. Most residents commute outward due to its residential nature. Cars remain the dominant mode at 86%, while buses account for 6%. Vehicle ownership averages 1.9 per dwelling, higher than the regional average.

According to the 2021 Census, 21.9% of residents work from home, potentially influenced by COVID-19 conditions. Service frequency averages 101 trips per day across all routes, equating to approximately 41 weekly trips per 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 found to be exceptionally high at approximately 66% of the total population (3,118 people), compared to 55.8% across Greater Brisbane and 55.7% nationally.

The most common medical conditions in the area 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. Health outcomes for the under-65 population were better than average. The area 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 showed higher cultural diversity than most local markets, 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%. Judaism, however, was more prevalent in Belmont at 0.3%, compared to Greater Brisbane's 0.1%.

The top three ancestral groups were English (24.6%), Australian (22.4%), and Irish (9.1%). Notably, New Zealanders made up 1.2% of Belmont's population versus the regional average of 1.0%, Russians comprised 0.6% compared to 0.3%, and Koreans constituted 0.9% against a regional figure of 0.5%.

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 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%. Conversely, the proportion of residents aged 25-34 has decreased from 10.0% to 8.3%, and the proportion of those aged 55-64 has dropped from 13.3% to 12.2%. By 2041, Belmont's age composition is projected to change significantly. The population aged 85 and above is expected to grow by 120%, reaching 230 people from the current 104. This growth will be primarily driven by an aging population, with those aged 65 and above accounting for 89% of the projected growth. However, population declines are projected for the age groups 65-74 and 55-64.