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 analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, Eagle Point's population is estimated at around 1,585 as of Nov 2025. This reflects an increase of 279 people (21.4%) since the 2021 Census, which reported a population of 1,306 people. The change is inferred from the resident population of 1,554, estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 171 validated new addresses since the Census date. This level of population equates to a density ratio of 87 persons per square kilometer. Eagle Point's 21.4% growth since the 2021 census exceeded the SA3 area (6.4%), along with the non-metro area, marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration that contributed approximately 83.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. As we examine future population trends, exceptional growth, placing in the top 10 percent of regional areas nationally, is predicted over the period with the Eagle Point statistical area (Lv2) expected to expand by 674 persons to 2041 based on aggregated SA2-level projections, reflecting a total increase of 25.4% over the 17 years.

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

AreaSearch analysis shows Eagle Point averaged approximately 34 new dwelling approvals annually. Between financial years FY-21 and FY-25, around 172 homes were approved, with an additional 24 approved in FY-26 so far. The average new residents per year arriving per new home over these five years was about 0.3.

This suggests that the new supply is keeping pace with or exceeding demand, providing ample buyer choice and capacity for population growth beyond current forecasts. The average construction value of new homes was $393,000, slightly above the regional average, indicating a focus on quality developments. In FY-26, there have been $261,000 in commercial approvals, predominantly residential. Compared to Rest of Vic., Eagle Point has 219.0% more construction activity per person, offering buyers greater choice. However, development activity has moderated recently.

This high level of activity is substantially higher than the national average, suggesting 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 with a focus on family homes appealing to those seeking space. With around 47 people per dwelling approval, Eagle Point shows characteristics of a growth area. According to the latest AreaSearch quarterly estimate, Eagle Point is forecasted to gain approximately 403 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 population projections.

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

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified nine projects likely to impact 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 an unspecified past year.

Employment growth over the previous year was estimated at 4.6%. As of September 2025570 residents were employed, with an unemployment rate of 3.8%, 0.2% below Rest of Vic.'s rate. Workforce participation lagged significantly at 45.3% compared to Rest of Vic.'s 57.4%. Resident employment was concentrated in health care & social assistance, retail trade, and education & training.

The area showed strong specialization in professional & technical services, with an employment share 1.4 times the regional level, but lower representation in agriculture, forestry & fishing at 3.6% versus the regional average of 7.5%. Employment opportunities locally appeared limited based on Census data comparison of working population and resident population. In a 12-month period ending unspecified, employment increased by 4.6% alongside labour force growth of 4.0%, decreasing unemployment rate by 0.3 percentage points. This contrasted with Rest of Vic., where employment contracted by 0.7%, labour force fell by 0.6%, and unemployment rose marginally. State-level data to 25-Nov showed VIC employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%. National employment forecasts from May-25 projected national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Eagle Point's employment mix suggested local employment should increase by approximately 6.3% over five years and 13.3% over ten years, based on a simple weighting extrapolation for illustrative purposes.

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

Eagle Point's median taxpayer income in financial year 2023 was $43,319. The average income was $54,863. This is lower than the national average, with Rest of Vic.'s median income being $50,954 and average income of $62,728. By September 2025, estimates suggest the median income will be approximately $46,893 and the average will be around $59,389, based on an 8.25% Wage Price Index growth since financial year 2023. Census data indicates that household, family, and personal incomes in Eagle Point fall between the 11th and 14th percentiles nationally. The majority of locals (518 people, or 32.7%) have incomes ranging from $800 to $1,499, unlike surrounding regions where incomes predominantly fall within the $1,500 to $2,999 bracket (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

Eagle Point's dwelling structures, 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 figures were 90.9% houses and 9.2% 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, higher than Non-Metro Vic.'s average of $1,300. Weekly rent in Eagle Point was recorded at $310, compared to Non-Metro Vic.'s $268. Nationally, Eagle Point's mortgage repayments were lower at $1,456 versus Australia's average of $1,863, and 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% consisting of couples with children, 47.2% composed of couples without children, and 8.9% being single parent families. Non-family households make up the remaining 27.7%, with lone person households at 24.0% and group households comprising 2.9% of the total. 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%. This disparity presents both a challenge and an opportunity for targeted education initiatives. Bachelor degrees are the most common at 12.4%, followed by postgraduate qualifications (3.3%) and graduate diplomas (3.2%). Trade and technical skills are prominent, with 43.0% of residents aged 15+ holding vocational credentials – 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.

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. Approximately 49% (~770 people) have private health cover, lower than the national average of 55.7%.

The most prevalent medical conditions are arthritis (13.5%) and mental health issues (8.3%). Conversely, 57.4% report no medical ailments, compared to 60.1% in Rest of Vic.. Residents aged 65 and over comprise 37.5% (594 people), higher than the 30.5% in Rest of Vic.. Despite this, health metrics are better than 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 cultural diversity was found to be below average, 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. However, the most notable overrepresentation was seen in the 'Other' category, which constituted 1.0% of the population compared to 0.6% across the rest of Victoria.

Regarding ancestry, the top three groups in Eagle Point are English (34.7%), Australian (30.3%), and Scottish (10.7%). Notably, Dutch, Welsh, and German ethnicities were also overrepresented: Dutch at 1.9%, Welsh at 0.6%, and German at 4.2%.

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 figure of 43 and Australia's median age of 38. The 65-74 age group makes up 21.8% of Eagle Point's population, compared to 9.4% nationally and 16.2% in the Rest of Vic. Conversely, the 35-44 cohort is less prevalent at 7.3%. Between 2021 and present, the 75-84 age group has grown from 10.1% to 11.8%, while the 65-74 group has declined from 24.5% to 21.8% and the 55-64 group has dropped from 19.6% to 18.5%. By 2041, demographic modeling suggests significant changes in Eagle Point's age profile. The 25-34 age group is projected to grow by 70%, adding 75 people and reaching 183 from the current 107. Meanwhile, the 75-84 group is expected to grow by 6%, adding only 10 residents.