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

By 2025 November, Eagle Point's population was estimated at around 1,597, reflecting a growth of 291 people since the 2021 Census. The suburb had a population of 1,306 in 2021. This increase represents a 22.3% change from the previous census figure. AreaSearch validated this estimate by examining the latest ERP data release by ABS (June 2024) and adding 171 new addresses since the Census date. The population density is around 88 persons per square kilometer, indicating ample space for further development. Eagle Point's growth exceeded that of its SA3 area (4%) and non-metro areas, making it a regional growth leader.

Interstate migration contributed approximately 83% to the overall population gains. AreaSearch uses ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area. For areas not covered by this data, they utilise 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 suggest exceptional growth, with Eagle Point expected to grow by 676 persons by 2041, reflecting a total increase of 24.6% over the 17-year period.

Recent residential development output has been above average within Eagle Point when compared nationally

Eagle Point has recorded approximately 35 residential properties granted approval annually. Between FY21-FY25, around 177 homes were approved, with an additional 9 approved in FY26 to date. On average, 0.3 people have moved to the area per dwelling built over these five financial years.

This suggests that new supply is meeting or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts. The average construction cost value of new homes in Eagle Point is $393,000, consistent with regional patterns. In FY26, $21,000 worth of commercial approvals have been registered, indicating a predominantly residential focus. Compared to the Rest of Vic., Eagle Point shows 228.0% higher development activity per person, offering buyers greater choice and suggesting strong developer confidence in the location. New building activity comprises 95.0% standalone homes and 5.0% townhouses or apartments, maintaining the area's traditional low density character with a focus on family homes.

Eagle Point reflects a developing area, with around 30 people per approval. Future projections estimate an addition of 393 residents by 2041 at current development rates, suggesting that new housing supply should comfortably meet demand and potentially support growth beyond current population projections.

Eagle Point has moderate levels of nearby infrastructure activity, ranking in the 45thth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified nine projects likely affecting this region. Notable ones are 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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While Eagle Point retains a healthy unemployment rate of 3.8%, recent employment declines have impacted its national performance ranking

Eagle Point has a skilled workforce with prominent representation in essential services sectors. Its unemployment rate was 3.8% as of June 2025, aligning with Rest of Vic.'s rate.

However, workforce participation lagged at 45.3%, compared to Rest of Vic.'s 57.4%. Key employment sectors among residents included health care & social assistance, retail trade, and education & training. Notably, professional & technical services had employment levels 1.4 times the regional average. Conversely, agriculture, forestry & fishing showed lower representation at 3.6% versus the regional average of 7.5%.

The area may have limited local employment opportunities, as indicated by a comparison of Census working population and resident population. Between June 2024 and June 2025, labour force levels decreased by 0.7%, while employment fell by 1.2%, causing the unemployment rate to rise by 0.7 percentage points, compared to Rest of Vic.'s 0.9% employment fall, 0.4% labour force contraction, and 0.4 percentage point unemployment increase. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment growth of 6.6% over five years and 13.7% over ten years. 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 account for localised population projections.

The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data

Eagle Point's median taxpayer income was $43,319 and average income was $54,863 in financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This is lower than the national average of $48,741 median and $60,693 average for Rest of Vic. By September 2025, estimated incomes would be approximately $48,587 median and $61,534 average, based on a 12.16% Wage Price Index growth since financial year 2022. Census 2021 data shows Eagle Point's household, family, and personal incomes fall between the 11th and 14th percentiles nationally. The earnings profile indicates that 32.7% of locals (522 people) earn between $800 - $1,499, differing from broader area patterns where $1,500 - $2,999 is dominant at 30.3%. Housing costs are modest with 88.5% of income retained, but total disposable income ranks at the 19th percentile nationally.

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

Eagle Point's dwelling structure, as per the latest Census, consisted of 95.3% houses and 4.7% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Vic.'s dwelling structure was 90.9% houses and 9.2% other dwellings. Home ownership in Eagle Point stood at 57.8%, with the remaining dwellings either mortgaged (31.1%) or rented (11.2%). The median monthly mortgage repayment in Eagle Point was $1,456, higher than Non-Metro Vic.'s average of $1,300. The median weekly rent figure in Eagle Point was recorded at $310, compared to Non-Metro Vic.'s $268. Nationally, Eagle Point's mortgage repayments were lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.

Eagle Point has a typical household mix, with a fairly typical median household size

Family households account for 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 make up 27.7%, with lone person households at 24.0% and group households comprising 2.9%. The median household size is 2.2 people, which matches the average for the Rest of Vic.

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 skills are prevalent, with 43.0% of residents aged 15+ holding such credentials - advanced diplomas at 12.3% and certificates at 30.7%. School and university attendance covers 17.7% of the community, including 5.9% in primary education, 5.0% in secondary education, and 1.8% pursuing tertiary education.

Eagle Point Primary School serves the local area with an enrollment of 169 students as of a recent report (ICSEA: 978), indicating typical Australian school conditions with balanced educational opportunities. The school focuses on primary education, with secondary options available in nearby areas.

No public transport data available for this catchment area.

Health performance in Eagle Point is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Eagle Point faces significant health challenges, with various conditions affecting both younger and older age groups. As of 2021, approximately 49% (~775 people) have private health cover, lower than the state average of 46.4%. Nationally, this figure stands at 55.3%.

The most prevalent medical conditions are arthritis (affecting 13.5%) and mental health issues (8.3%). Meanwhile, 57.4% report having no medical ailments, compared to the state average of 60.1%. Eagle Point has a higher proportion of residents aged 65 and over at 37.4% (597 people), compared to the state average of 30.5%.

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 showed lower 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, accounting for 46.9%. The category 'Other' was overrepresented compared to rest of Vic., making up 1.0% versus 0.6%.

In terms of ancestry, the top groups were English (34.7%), Australian (30.3%), and Scottish (10.7%). Some ethnic groups showed notable differences: Dutch at 1.9% (regional average 1.9%), Welsh at 0.6% (0.5%), and German at 4.2% (3.4%).

Eagle Point ranks among the oldest 10% of areas nationwide

Eagle Point has a median age of 58, which is significantly higher than the Rest of Vic.'s figure of 43 and Australia's national average of 38 years. The 65-74 age group constitutes 21.8% of Eagle Point's population, compared to Rest of Vic.'s figure, while the 35-44 cohort makes up only 7.2%. This concentration in the 65-74 age group is notably higher than Australia's national average of 9.4%. Between 2021 and present, the 75 to 84 age group has increased from 10.1% to 11.7% of the population. Conversely, the 65 to 74 cohort has decreased from 24.5% to 21.8%, and the 55 to 64 group has dropped from 19.6% to 18.4%. By 2041, demographic modeling suggests that Eagle Point's age profile will evolve significantly. Leading this shift, the 25 to 34 group is projected to grow by 68%, adding 73 people and reaching a total of 182 from its current figure of 108. The 75 to 84 age group is expected to display more modest growth, with an increase of 7% equating to the addition of only 12 residents.