Eagle Point

Eagle Point lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

Based on ABS population updates and AreaSearch validations since Feb 2026, Eagle Point's estimated population is around 1,592. This reflects a growth of 286 people (21.9%) since the 2021 Census which reported a population of 1,306. The change was inferred from AreaSearch's estimation of resident population at 1,554 following examination of ABS' latest ERP data release in June 2024 and an additional 172 validated new addresses since the Census date. This results in a density ratio of 88 persons per square kilometer. Eagle Point's growth exceeded both its SA3 area (6.5%) and Rest of Vic., marking it as a regional growth leader. Interstate migration contributed approximately 83% to 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, they use VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Projected demographic shifts indicate exceptional growth, placing Eagle Point in the top 10% of national regional areas. By 2041, based on aggregated SA2-level projections, the suburb is expected to grow by 759 persons, reflecting a total gain of 45.3%.

Residential development activity is slightly higher than average within Eagle Point when compared nationally

AreaSearch analysis of ABS building approval numbers allocated from statistical area data indicates Eagle Point has experienced approximately 34 dwelling approvals annually. Over the past five financial years, between FY21 and FY25, around 172 homes were approved, with a further 25 approved in FY26 so far. This equates to an average of 0.3 people moving to the area per dwelling built over these years.

The new supply has kept pace with or exceeded demand, providing ample buyer choice and capacity for population growth beyond current forecasts. The average expected construction cost value of new dwellings is $393,000, somewhat higher than regional norms, reflecting quality-focused development. In FY26, $261,000 in commercial development approvals have been recorded, suggesting a predominantly residential focus. Compared to the Rest of Vic., Eagle Point records 210.0% more new home approvals per person. This should provide buyers with ample choice, although building activity has slowed in recent years.

The area's development activity is substantially higher than national averages, indicating strong developer confidence in the location. New development consists of 95.0% detached houses and 5.0% medium and high-density housing, maintaining Eagle Point's traditional low density character with a focus on family homes appealing to those seeking space. With around 48 people per dwelling approval, Eagle Point shows characteristics of a growth area. Looking ahead, AreaSearch's latest quarterly estimate projects Eagle Point to grow by 721 residents through to 2041. Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Eagle Point has strong levels of nearby infrastructure activity, ranking in the top 30% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified nine projects likely affecting this region. Notable ones include Eagle Point Lifestyle Estate, Paynesville Water Recycling Facility Storage Expansion, Paynesville Park Estate, and Paynesville Slip Road Maritime Precinct Upgrade. The following list details those most relevant.

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

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Employment performance in Eagle Point has been broadly consistent with national averages

Eagle Point has a skilled workforce with essential services sectors well represented. The unemployment rate is 3.5%. Over the past year, there was an estimated employment growth of 5.7%, according to AreaSearch's aggregation of statistical area data.

As of December 2025572 residents are employed while the unemployment rate is 0.2% lower than Regional Vic.'s rate of 3.7%. Workforce participation in Eagle Point lags behind Regional Vic., at 42.6% compared to 61.5%. According to Census responses, 15.4% of residents work from home. Employment is concentrated in health care & social assistance, retail trade, and education & training sectors.

The area has a strong specialization in professional & technical services, with an employment share 1.4 times the regional level. Conversely, agriculture, forestry & fishing shows lower representation at 3.6% compared to the regional average of 7.5%. Employment opportunities locally appear limited, as indicated by the count of Census working population versus resident population. Over a 12-month period, employment increased by 5.7% alongside labour force increasing by 5.3%, causing the unemployment rate to fall by 0.4 percentage points. This contrasts with Regional Vic., where employment contracted by 0.6%, the labour force fell by 0.7%, and unemployment fell by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Eagle Point. These projections estimate national employment growth at 6.6% over five years and 13.7% over ten years, with varying rates between industry sectors. Applying these projections to Eagle Point's employment mix suggests local employment should increase by 6.3% over five years and 13.3% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis

The suburb of Eagle Point had a median taxpayer income of $43,319 and an average income of $54,863 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is lower than national averages, with Regional Vic.'s median income being $50,954 and average income being $62,728. By September 2025, these figures are estimated to be approximately $46,893 (median) and $59,389 (average), based on Wage Price Index growth of 8.25%. Census data indicates that household, family, and personal incomes in Eagle Point all fall between the 11th and 14th percentiles nationally. The predominant income cohort spans 32.7% of locals (520 people) with incomes between $800 - 1,499, contrasting with surrounding regions where the $1,500 - 2,999 category dominates at 30.3%. Despite modest housing costs allowing for 88.5% income retention, Eagle Point's total disposable income ranks at just the 19th percentile nationally.

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

In Eagle Point, as per the latest Census, 95.3% of dwellings were houses, with the remaining 4.7% comprising semi-detached homes, apartments, and other types. This compares to Regional Vic.'s figures of 90.1% houses and 9.9% other dwellings. Home ownership in Eagle Point stood at 57.8%, with mortgaged dwellings at 31.1% and rented ones at 11.2%. The median monthly mortgage repayment was $1,456, exceeding Regional Vic.'s average of $1,430. The median weekly rent in Eagle Point was $310, compared to Regional Vic.'s $285. Nationally, Eagle Point's mortgage repayments were lower than the Australian average of $1,863, and rents were below the national figure of $375.

Eagle Point has a typical household mix, with a lower-than-average median household size

Family households compose 72.3% of all households, including 16.4% couples with children, 47.2% couples without children, and 8.9% single parent families. Non-family households account for the remaining 27.7%, with lone person households at 24.0% and group households comprising 2.9%. The median household size is 2.2 people, which is smaller than the Regional Vic. average of 2.4.

Educational outcomes in Eagle Point fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment

The area's university qualification rate is 18.9%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 12.4%, followed by postgraduate qualifications (3.3%) and graduate diplomas (3.2%). Vocational credentials are prevalent, with 43.0% of residents aged 15+ holding such qualifications - advanced diplomas at 12.3% and certificates at 30.7%. School and university attendance comprises 17.7% of the community, including 5.9% in primary education, 5.0% in secondary education, and 1.8% pursuing tertiary education.

School and university attendance encompasses 17.7% of the community. This includes 5.9% in primary education, 5.0% in secondary education, and 1.8% pursuing tertiary education.

No public transport data available for this catchment area.

Eagle Point's residents are relatively healthy in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Eagle Point's health metrics are near national benchmarks, as assessed by AreaSearch using mortality rates and chronic condition prevalence. Common health conditions are seen at a standard level across both young and old age cohorts.

Private health cover is found to be very low, at approximately 49% of the total population (773 people), compared to the national average of 55.7%. The most common medical conditions in the area are arthritis and mental health issues, impacting 13.5 and 8.3% of residents respectively. Meanwhile, 57.4% of residents declare themselves completely clear of medical ailments, compared to 63.4% across Regional Vic.. The working-age population faces notable health challenges with elevated chronic condition rates. The area has 39.6% of residents aged 65 and over (630 people), which is higher than the 23.9% in Regional Vic.. National rankings are broadly in line with the general population.

Eagle Point is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Eagle Point's population, as per the census conducted on June 28, 2016, showed low cultural diversity with 85.4% born in Australia, 93.3% being citizens, and 96.9% speaking English only at home. Christianity was the predominant religion, practiced by 46.9%. The 'Other' category, comprising 1.0%, was slightly overrepresented compared to Regional Vic's 0.8%.

In terms of ancestry, the top groups were English (34.7%), Australian (30.3%), and Scottish (10.7%). Notably, Dutch (1.9%) and Welsh (0.6%) were overrepresented compared to regional averages of 1.7% and 0.4%, respectively. German ancestry was also higher at 4.2%.

Eagle Point ranks among the oldest 10% of areas nationwide

Eagle Point has a median age of 58, which is notably higher than Regional Vic's figure of 43 and also substantially exceeds Australia's median age of 38. The age group of 65-74 years shows strong representation in Eagle Point at 22.2%, compared to Regional Vic., while the 35-44 cohort is less prevalent at 7.2%. This concentration of the 65-74 age group is well above the national average of 9.5%. Between 2021 and present, the 75 to 84 age group has grown from 10.1% to 12.7% of the population, while the 85+ cohort increased from 3.5% to 4.7%. Conversely, the 65 to 74 cohort has declined from 24.5% to 22.2%, and the 55 to 64 group dropped from 19.6% to 17.8%. Demographic modeling suggests that Eagle Point's age profile will evolve significantly by 2041, with the 65 to 74 group projected to grow by 31%, reaching 463 people from its current total of 353.