Cashmere

An assessment of population growth drivers in Cashmere reveals an overall ranking slightly below national averages considering recent, and medium term trends

Cashmere's population is estimated at around 5,346 as of May 2026, reflecting an increase of 376 people since the 2021 Census. The suburb had a population of 4,970 in 2021. This growth, representing a 7.6% increase, is inferred from AreaSearch's estimation of the resident population at 5,137 following examination of ABS ERP data released in June 2025 and validation of 10 new addresses since the Census date. The population density stands at 154 persons per square kilometer. Cashmere's growth rate of 7.6% is close to the national average of 9.3%, indicating competitive fundamentals. Natural growth contributed approximately 59.0% of overall gains, with all migration factors also being positive.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024, based on 2022 data, and Queensland State Government's SA2 area projections released in 2023, based on 2021 data, for areas not covered by the former or years post-2032. Proportional growth weightings are applied to state projections where age category splits are unavailable. Future projections anticipate significant population increase, with Cashmere expected to expand by 1,115 persons to 2041, reflecting a total gain of 16.9% over the 16 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Cashmere, placing the area among the bottom 25% of areas assessed nationally

Cashmere has averaged approximately five new dwelling approvals annually. Between financial years 2021 (FY-21) and 2025 (FY-25), around twenty-six homes were approved, with an additional twenty-seven approved in FY-26 to date. On average, each year saw about 0.8 people moving to the area per dwelling built over these years.

This suggests that new supply has kept pace with or exceeded demand, offering ample buyer choice and potential for population growth beyond current forecasts. The average construction cost value of new homes is approximately $345,000. In FY-26, commercial approvals totaling $26,000 have been registered, indicating a predominantly residential focus. Compared to Greater Brisbane, Cashmere has shown significantly lower building activity, at 76.0% below the regional average per person. This limited new construction typically reinforces demand and pricing for existing dwellings.

However, development activity has increased in recent periods. Nationally, Cashmere's new construction levels are also lower, reflecting market maturity and potential development constraints. All approved constructions in Cashmere have been detached houses, maintaining the area's traditional low-density character and appealing to those seeking spacious family homes. The estimated population per dwelling approval is 730 people. According to AreaSearch's latest quarterly estimate, Cashmere is projected to gain approximately 906 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.

Cashmere has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Eleven projects have been identified by AreaSearch as potentially impacting the area. Key projects include Winn Road Resurfacing and Kremzow Road Rehabilitation, Palmer Road Rural Residential Subdivision, Mayfair Joyner, and Moreton Bay Regional Council Planning Scheme. The following list details those likely to be most relevant.

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

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The labour market in Cashmere shows considerable strength compared to most other Australian regions

Cashmere has a skilled workforce with prominent representation in essential services sectors. The unemployment rate is 2.9%. Employment stability has been consistent over the past year, according to AreaSearch's statistical area data aggregation.

As of December 2025, 3188 residents are employed while the unemployment rate is 1.3% lower than Greater Brisbane's rate of 4.1%. Workforce participation in Cashmere is high at 78.1%, compared to Greater Brisbane's 69.6%. Census responses indicate that 22.3% of residents work from home, though Covid-19 lockdown impacts should be considered. The key industries of employment among residents are health care & social assistance, construction, and education & training.

Construction stands out with employment levels at 1.4 times the regional average. Conversely, accommodation & food services show lower representation at 5.0% compared to the regional average of 6.7%. While local employment opportunities exist, many residents commute elsewhere for work based on Census working population counts. Over a 12-month period ending in December 2025, employment increased by 0.1% and labour force grew by 0.3%, leading to a rise in unemployment rate by 0.2 percentage points. In comparison, Greater Brisbane saw employment grow by 3.2%, labour force expand by 3.0%, and unemployment fall by 0.1 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Cashmere's employment mix suggests local employment should increase by 6.7% over five years and 13.7% over ten years, based on a simple weighting extrapolation for illustrative purposes only.

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

Cashmere suburb's income level is very high nationally according to latest ATO data aggregated by AreaSearch for financial year 2023. Median income among taxpayers is $66,269 and average income stands at $76,174, comparing to Greater Brisbane's figures of $58,236 and $72,799 respectively. Based on Wage Price Index growth of 11.36% since financial year 2023, current estimates would be approximately $73,797 (median) and $84,827 (average) as of March 2026. According to 2021 Census figures, household incomes rank exceptionally at the 96th percentile ($2,950 weekly). Distribution data shows the $1,500 - 2,999 bracket dominates with 32.1% of residents (1,716 people), mirroring regional levels where 33.3% occupy this bracket. Cashmere demonstrates considerable affluence with 48.8% earning over $3,000 per week, supporting premium retail and service offerings. After housing costs, residents retain 88.1% of income, reflecting strong purchasing power. Area's SEIFA income ranking places it in the 9th decile.

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

Cashmere's dwelling structure, as per the latest Census, consisted of 98.8% houses and 1.2% other dwellings. In contrast, Brisbane metro had 73.5% houses and 26.5% other dwellings. Home ownership in Cashmere was 30.8%, with mortgaged dwellings at 63.5% and rented ones at 5.7%. The median monthly mortgage repayment in the area was $2,200, higher than Brisbane metro's average of $1,863. The median weekly rent figure in Cashmere was $500, compared to Brisbane metro's $380. Nationally, Cashmere's mortgage repayments were significantly higher at $2,200 against the Australian average of $1,863, while rents were substantially above the national figure of $375.

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

Family households account for 92.9% of all households, including 55.2% couples with children, 30.1% couples without children, and 6.3% single parent families. Non-family households make up the remaining 7.1%, consisting of 6.2% lone person households and 1.5% group households. The median household size is 3.2 people, which is larger than the Greater Brisbane average of 2.6.

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

Cashmere's university qualification level is 27.6%, slightly below the SA3 area average of 30.5%. Bachelor degrees are most common at 19.4%, followed by postgraduate qualifications (4.8%) and graduate diplomas (3.4%). Vocational credentials are held by 39.7% of residents aged 15+, with advanced diplomas at 14.1% and certificates at 25.6%.

Educational participation is high, with 31.4% currently enrolled in formal education: 11.4% in secondary, 10.5% in primary, and 4.9% in tertiary education.

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

Cashmere has two operational public transport stops offering bus services. These stops are served by one route collectively facilitating 90 weekly passenger trips. Transport access is limited with residents typically located 1492 meters from the nearest stop. As a predominantly residential area, most residents commute outward using cars at 90% and trains at 7%. The average vehicle ownership per dwelling is 2.4, exceeding the regional average. According to the 2021 Census, 22.3% of residents work from home, which may be influenced by COVID-19 conditions.

Service frequency averages 12 trips per day across all routes, equating to approximately 45 weekly trips per individual stop.

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

Analysis shows Cashmere's health metrics indicate strong performance based on AreaSearch's assessment.

Mortality rates and chronic condition prevalence were very low across all age groups. Private health cover was found to be high at approximately 57% of the total population (~3,068 people). Mental health issues impacted 8.6% of residents, while asthma affected 7.7%. A significant portion, 71.8%, declared themselves completely clear of medical ailments compared to 69.2% across Greater Brisbane. The under-65 population demonstrated better than average health outcomes. Cashmere has 14.0% of residents aged 65 and over (748 people), lower than the 15.1% in Greater Brisbane. Health outcomes among seniors were particularly strong, with national rankings higher than those of the general population.

Cashmere ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Cashmere's population showed low cultural diversity, with 80.1% born in Australia and 93.9% being citizens. English was the primary language spoken at home by 94.9%. Christianity was the predominant religion, practiced by 56.9%, compared to 47.8% regionally.

The top three ancestry groups were English (33.0%), Australian (28.0%), and Scottish (8.8%). Notably, South Australian (1.5%) and Dutch (1.7%) ancestry was overrepresented in Cashmere compared to regional averages of 0.6% and 1.2%, respectively.

Cashmere's population is slightly older than the national pattern

The median age in Cashmere is 40 years, which is higher than Greater Brisbane's average of 36 years and slightly exceeds the national average of 38 years. The 45-54 age cohort is notably over-represented in Cashmere at 18.1%, compared to Greater Brisbane's 12.7% and the national average of 12.0%. Conversely, the 25-34 age group is under-represented at 6.9%. Post-2021 Census data shows that between 2021 and 2022, the 65 to 74 age group grew from 7.7% to 9.2%, while the 75 to 84 cohort increased from 2.5% to 3.9%. During this period, the 25 to 34 age group declined from 8.3% to 6.9%, and the 5 to 14 age group decreased from 15.7% to 14.4%. Population forecasts for 2041 indicate significant demographic changes in Cashmere. The 45 to 54 age group is projected to grow by 25% (241 people), reaching 1,209 from 967. Meanwhile, both the 0 to 4 and 25 to 34 age groups are expected to decrease in number.