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

As of Feb 2026, the estimated population of Eagle Point is around 1,592. This reflects an increase of 286 people since the 2021 Census, which reported a population of 1,306. The change was inferred from AreaSearch's resident population estimate of 1,554 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 rate of 21.9% since the 2021 census exceeded both the SA3 area (6.5%) and the Rest of Vic. Interstate migration contributed approximately 83.0% of overall population gains during recent periods.

AreaSearch uses ABS/Geoscience Australia projections released in 2024 with a base year of 2022 for each SA2 area, and VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation for areas not covered by the first data source. Future population trends predict exceptional growth placing Eagle Point in the top 10 percent of regional areas nationally over the period from 2026 to 2041, with an expected expansion of 672 persons reflecting a total increase of 24.8% over the 17 years.

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

Based on AreaSearch analysis using ABS building approval data, Eagle Point averaged approximately 34 new dwelling approvals annually. Between FY-21 and FY-25, around 172 homes were approved, with an additional 24 approved so far in FY-26. On average, 0.3 new residents arrived per new home over the past five financial years, indicating that supply is keeping pace with or exceeding demand.

The average construction value of new homes was $393,000, slightly above the regional average. This year has seen $261,000 in commercial approvals, suggesting a predominantly residential focus. Compared to Rest of Vic., Eagle Point has 219.0% more construction activity per person, offering buyers greater choice. However, development activity has moderated in recent periods. Nationally, the activity is substantially higher, indicating strong developer confidence in the location.

New development consists of 95.0% detached houses and 5.0% medium to high-density housing, maintaining Eagle Point's traditional low density character focused on family homes. With around 47 people per dwelling approval, Eagle Point exhibits growth area characteristics. According to AreaSearch's latest quarterly estimate, the population is forecasted to gain 395 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current projections.

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

Infrastructure changes significantly influence a region's performance. AreaSearch has identified nine projects likely impacting the area. Key projects 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.

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.

Eagle Point has seen below average employment performance when compared to national benchmarks

Eagle Point has a skilled workforce with significant representation in essential services sectors. Its unemployment rate was 3.6% as of September 2025, lower than the Rest of Vic.'s rate of 3.8%. Employment growth over the past year was estimated at 4.6%.

Workforce participation in Eagle Point is lower at 42.6%, compared to Rest of Vic.'s 61.4%. 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, but agriculture, forestry & fishing shows lower representation at 3.6% compared to the regional average of 7.5%.

Employment opportunities locally appear limited based on Census data comparing working population and resident population. In the 12-month period ending September 2025, employment increased by 4.6%, while labour force increased by 4.2%, leading to a decrease in unemployment rate by 0.3 percentage points. This contrasts with Rest of Vic., where employment contracted by 0.7% and unemployment rose marginally. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth at 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 simplified extrapolation for illustrative purposes only.

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 was lower than national averages, with Rest of Vic.'s median income being $50,954 and average income being $62,728. By September 2025, estimates based on Wage Price Index growth of 8.25% suggest the median income would be approximately $46,893 and the average income $59,389. Census data indicates that household, family, and personal incomes in Eagle Point fall between the 11th and 14th percentiles nationally. The predominant income category spans 32.7% of locals (520 people), with incomes ranging from $800 to $1,499, differing from surrounding regions where the $1,500 to $2,999 range dominates at 30.3%. Despite modest housing costs allowing for 88.5% income retention, 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

Eagle Point's dwellings, as per the latest Census report, consisted of 95.3% houses and 4.7% other types such as semi-detached homes, apartments, and 'other' dwellings. This compares to Non-Metro Vic.'s figures of 90.1% houses and 9.9% other dwellings. Home ownership in Eagle Point stood at 57.8%, with mortgaged properties making up 31.1% and rented dwellings comprising 11.2%. The median monthly mortgage repayment in the area was $1,456, surpassing Non-Metro Vic.'s average of $1,430. Meanwhile, the median weekly rent figure for Eagle Point was recorded at $310, compared to Non-Metro Vic.'s $285. Nationally, Eagle Point's mortgage repayments were significantly 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 lower-than-average median household size

Family households constitute 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 comprise the remaining 27.7%, with lone person households at 24.0% and group households making up 2.9%. The median household size is 2.2 people, smaller than the Rest of 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 them - 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 closely mirror national benchmarks, as assessed by AreaSearch through mortality rates and chronic condition prevalence. Common health conditions are standard across both young and elderly age groups.

Private health cover is low at approximately 49% of the total population (773 people), compared to the national average of 55.7%. The most prevalent medical conditions are arthritis, affecting 13.5% of residents, and mental health issues, impacting 8.3%. Conversely, 57.4% report being free from medical ailments, compared to 63.4% in Rest of Vic.. Working-age population faces significant health challenges with higher chronic condition rates. The area has a notably higher proportion of seniors aged 65 and over at 37.1% (590 people), compared to 23.9% in Rest of Vic.. National rankings generally align with the overall population figures.

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 was found to have below average cultural diversity, with 85.4% of its population born in Australia, 93.3% being citizens, and 96.9% speaking English only at home. The predominant religion in Eagle Point is Christianity, comprising 46.9% of the population. Notably, the 'Other' category is overrepresented in Eagle Point, making up 1.0% compared to 0.8% across Rest of Vic.

In terms of ancestry, the top three groups are English (34.7%), Australian (30.3%), and Scottish (10.7%). Some ethnic groups show notable differences: Dutch is overrepresented at 1.9%, Welsh at 0.6%, and German at 4.2%.

Eagle Point ranks among the oldest 10% of areas nationwide

Eagle Point's median age is 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 has a strong representation in Eagle Point at 21.5%, compared to the Rest of Vic., while the 35-44 cohort is less prevalent at 7.3%. This concentration of the 65-74 age group is well above the national average of 9.5%. Between 2021 and present, the 75-84 age group has grown from 10.1% to 11.6% of the population. Conversely, the 65-74 cohort has declined from 24.5% to 21.5%, and the 55-64 group has dropped from 19.6% to 18.2%. Demographic modeling suggests that Eagle Point's age profile will evolve significantly by 2041. Leading this demographic shift, the 25-34 group is projected to grow by 62%, adding 71 people and reaching a total of 186 from its current figure of 114. The 75-84 age group displays more modest growth at 8%, adding only 15 residents.