Denman Prospect

Denman Prospect lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of Nov 2025, Denman Prospect's population is estimated at around 6,162 people. This reflects a significant increase from the 2021 Census figure of 2,759 people, an increase of 3,403 people (123.3%). AreaSearch has validated this estimate following examination of the latest ERP data release by the ABS in June 2024 and an additional 1,337 new addresses since the Census date. This level of population results in a density ratio of 1,300 persons per square kilometer, which is above average national locations assessed by AreaSearch. Denman Prospect's growth since the 2021 census exceeded both state (5.9%) and SA4 region averages, marking it as a growth leader. Interstate migration contributed approximately 90.0% of overall population gains during recent periods, with all drivers including natural growth and overseas migration being positive factors.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and years post-2032, age group growth rates from the ACT Government's SA2 area projections are adopted. Future demographic trends predict exceptional growth for Denman Prospect, placing it in the top 10 percent of Australian statistical areas. By 2041, the suburb is expected to increase by 7,743 persons based on aggregated SA2-level projections, reflecting an overall increase of 105.0% over the 17-year period.

The level of residential development activity in Denman Prospect was found to be higher than 90% of real estate markets across the country

AreaSearch analysis of ABS building approval numbers shows Denman Prospect experienced around 438 dwelling approvals per year on average over the past five financial years, totalling an estimated 2,190 homes. As of FY-26 to date, 259 approvals have been recorded. This averages out to approximately 1.9 people moving to the area for each dwelling built between FY-21 and FY-25, indicating a balanced supply and demand market with stable conditions. The average construction cost value for new homes over this period is $382,000.

In FY-26, there have been $51.8 million in commercial approvals, suggesting strong commercial development momentum. Compared to the Australian Capital Territory, Denman Prospect records 254.0% more new home approvals per person, offering buyers greater choice. However, building activity has slowed in recent years. The area's new building activity comprises 33.0% standalone homes and 67.0% medium and high-density housing, marking a shift from the existing housing stock which is currently 49.0% houses. This indicates decreasing availability of developable sites and reflects changing lifestyles and demand for more diverse, affordable housing options. With around 12 people per dwelling approval, Denman Prospect exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, the area is projected to add 6,469 residents by 2041.

Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling population growth that exceeds current forecasts.

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

Nine projects have been identified by AreaSearch as potentially impacting the area. These include major infrastructure developments such as Molonglo River Bridge and John Gorton Drive Extension, residential projects like Denman Apartments and The Borough, and urban development initiatives such as Denman Prospect (Suburb Development). The following list details those considered most relevant:.

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The exceptional employment performance in Denman Prospect places it among Australia's strongest labour markets

Denman Prospect has a highly educated workforce with significant representation in professional services. Its unemployment rate was 1.8% as of June 2025, lower than the Australian Capital Territory's (ACT) rate of 3.4%.

Employment growth over the past year was estimated at 1.1%. There are 2,681 residents employed, with an unemployment rate of 1.6% below ACT's rate and workforce participation at 82.9%, higher than ACT's 69.6%. Key industries include public administration & safety, professional & technical services, and health care & social assistance. The area specializes in professional & technical services, with an employment share 1.4 times the regional level, but has lower representation in education & training (5.8% vs regional average of 9.6%).

Employment opportunities may be limited locally as indicated by Census data on working population versus resident population. Between June 2024 and June 2025, employment levels increased by 1.1%, labour force grew by 1.6%, causing the unemployment rate to rise by 0.5 percentage points in Denman Prospect. In contrast, ACT saw employment rise by 1.9%, labour force grow by 1.6%, and unemployment fall by 0.3 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Denman Prospect's employment mix suggests local employment should increase by 7.0% over five years and 14.1% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

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

AreaSearch's latest postcode level ATO data for financial year 2022 shows Denman Prospect's median income among taxpayers was $93,675, with an average of $111,440. Nationally, these figures are exceptionally high compared to the Australian Capital Territory's median of $68,678 and average of $83,634. As of September 2025, current estimates based on Wage Price Index growth of 13.6% since financial year 2022 would be approximately $106,415 (median) and $126,596 (average). Census 2021 income data indicates household, family and personal incomes in Denman Prospect rank highly nationally, between the 98th and 99th percentiles. Income distribution shows that 36.6% of residents (2,255 people) fall into the $4000+ bracket, unlike the surrounding region where the $1,500 - 2,999 category predominates at 34.3%. Economic strength is evident with 55.4% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. High housing costs consume 15.8% of income, but strong earnings place disposable income at the 97th percentile nationally. The area's SEIFA income ranking places it in the 10th decile.

Denman Prospect displays a diverse mix of dwelling types, with ownership patterns similar to the broader region

Denman Prospect's dwelling structures, as per the latest Census data, consisted of 48.6% houses and 51.3% other dwellings (semi-detached, apartments, 'other' dwellings). This contrasts with the Australian Capital Territory's figures of 40.9% houses and 59.2% other dwellings. Home ownership in Denman Prospect stood at 6.7%, with mortgaged dwellings at 78.7% and rented dwellings at 14.6%. The median monthly mortgage repayment was $2,400, higher than the Australian Capital Territory average of $2,099. Median weekly rent in Denman Prospect was $498, compared to the Australian Capital Territory's $472. Nationally, Denman Prospect's mortgage repayments were significantly higher at $1,863, while rents were substantially above the national figure of $375.

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

Family households constitute 78.3% of all households, including 43.9% couples with children, 24.8% couples without children, and 8.3% single parent families. Non-family households comprise the remaining 21.7%, with lone person households at 18.8% and group households making up 3.1%. The median household size is 2.8 people, which is larger than the Australian Capital Territory average of 2.7.

Denman Prospect 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 Denman Prospect is notably high, with 62.6% of residents aged 15 years and above holding university qualifications as of the latest data. This compares to 30.4% nationally and 46.8% in the SA4 region. Bachelor degrees are most common at 33.9%, followed by postgraduate qualifications (23.3%) and graduate diplomas (5.4%). Vocational pathways account for 18.9% of qualifications, with advanced diplomas at 9.1% and certificates at 9.8%.

Educational participation is high, with 33.8% of residents currently enrolled in formal education. This includes 13.4% in primary education, 6.9% in tertiary education, and 5.7% pursuing secondary education as of the reported period. Evelyn Scott School serves Denman Prospect, enrolling 584 students. The area shows socio-educational advantages with an ICSEA score of 1114. All schools offer integrated K-12 education for academic continuity. Denman Prospect functions as an education hub with 9.5 school places per 100 residents, significantly above the regional average of 5.8, attracting students from surrounding communities as of the given statistics.

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

The analysis of public transport in Denman Prospect shows that there are currently 14 active transport stops operating within the area. These stops serve a mix of bus routes, with a total of 3 individual routes providing service. The weekly passenger trips facilitated by these routes amount to 658.

Residents' accessibility to transport is rated as good, with an average distance of 233 meters from their nearest transport stop. The service frequency across all routes averages 94 trips per day, which translates to approximately 47 weekly trips per individual stop.

Denman Prospect's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows excellent results in Denman Prospect, with very low prevalence of common health conditions across all age groups. Approximately 71% of the total population of 4,387 has private health cover, compared to the national average of 55.3%.

The most prevalent medical conditions are mental health issues and asthma, affecting 7.0% and 6.3% of residents respectively. 81.5% of residents report being completely clear of medical ailments, compared to 80.0% in the Australian Capital Territory. There are 283 people aged 65 and over, comprising 4.6% of the population. Health outcomes among seniors align with those of the general population.

Denman Prospect is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Denman Prospect's cultural diversity is notable, with 42.8% of its population born overseas and 46.1% speaking a language other than English at home. Christianity is the predominant religion in Denman Prospect, accounting for 30.6% of the population. Hinduism is overrepresented compared to the Australian Capital Territory (ACT), comprising 14.5% vs 12.7%.

The top three ancestry groups are Australian (16.9%), Other (16.8%), and English (16.0%). Some ethnic groups show significant differences: Sri Lankan (1.8% vs regional 0.9%), Indian (11.4% vs 9.0%), and Croatian (1.5% vs 0.7%) are overrepresented in Denman Prospect compared to the ACT.

Denman Prospect hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Denman Prospect's median age is 32 years, which is slightly younger than the Australian Capital Territory average of 35 and substantially under the Australian median of 38. Compared to the Australian Capital Territory, Denman Prospect has a higher concentration of 35-44 year-olds at 24.9%, but fewer 55-64 year-olds at 5.0%. This 35-44 age group is well above the national average of 14.2%. Post-2021 Census data shows demographic aging, with the median age increasing from 31 to 32 years. Notably, the 45-54 age group grew from 8.9% to 11.7%, while the 65-74 cohort increased from 2.2% to 3.6%. Conversely, the 25-34 age group declined from 24.0% to 20.6%, and the 0-4 age group dropped from 9.7% to 7.3%. Population forecasts for 2041 indicate substantial demographic changes for Denman Prospect, with the 35-44 age cohort projected to grow by 94%, adding 1,440 residents to reach 2,975.