Eaglemont

An assessment of population growth drivers in Eaglemont reveals an overall ranking slightly below national averages considering recent, and medium term trends

Based on analysis of ABS population updates for the broader area, as of November 2025, the Eaglemont statistical area's (Lv2) estimated population is around 4,373. This reflects an increase of 413 people since the 2021 Census, which reported a population of 3,960. The change was inferred from AreaSearch's estimate of 4,131 residents following examination of ABS's latest ERP data release in June 2024 and additional validation of 26 new addresses since the Census date. This level of population equates to a density ratio of 1,978 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. The Eaglemont (SA2) saw a growth of 10.4% since the 2021 census, exceeding both the SA3 area's 8.0% and the national average. Overseas migration contributed approximately 90.0% of 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 by this data, AreaSearch utilises the VIC State Government's Regional/LGA projections released in 2023, adjusted using weighted aggregation methods from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future population dynamics anticipate a significant increase in the top quartile of national statistical areas. Based on aggregated SA2-level projections, the Eaglemont (SA2) is expected to increase by 1,380 persons by 2041, reflecting an overall increase of 26.6% over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Eaglemont, placing the area among the bottom 25% of areas assessed nationally

Eaglemont has averaged around 16 new dwelling approvals annually. Between FY-21 and FY-25, approximately 80 homes were approved, with another 12 so far in FY-26. Over the past five financial years, there have been an average of 0 new residents per year per dwelling constructed.

This indicates that new supply is keeping pace with or exceeding demand, offering ample buyer choice and creating capacity for population growth beyond current forecasts. The average value of new homes being built is $1,442,000, suggesting developers are focusing on the premium market with high-end developments. There have been $534,000 in commercial approvals this financial year, demonstrating the area's residential nature. Compared to Greater Melbourne, Eaglemont shows approximately 59% of the construction activity per person and ranks among the 48th percentile nationally, resulting in relatively constrained buyer choice and supporting interest in existing homes.

New development consists of 56.0% standalone homes and 44.0% medium and high-density housing, featuring an increasing blend of attached housing types offering choices across price ranges. This represents a notable shift from the area's existing housing composition (currently 78.0% houses), indicating decreasing availability of developable sites and reflecting changing lifestyles and the need for more diverse, affordable housing options. With around 343 people per dwelling approval, Eaglemont shows a developing market. Looking ahead, Eaglemont is expected to grow by 1,164 residents through to 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 18 projects that may affect this region. Notable initiatives include the Austin Hospital Emergency Department Expansion, The Austin Heidelberg project, implementation of the Heidelberg Structure Plan, and development of the Bell Street Mall Neighbourhood Activity Centre Masterplan. Projects likely to have the most relevance are listed below.

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

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AreaSearch analysis of employment trends sees Eaglemont performing better than 90% of local markets assessed across Australia

Eaglemont has a highly educated workforce with strong representation in professional services. Its unemployment rate was 1.6% as of September 2025.

The area maintained relative employment stability over the past year, according to AreaSearch's statistical aggregation. As of September 2025, 2,413 residents were employed, with an unemployment rate of 3.1%, below Greater Melbourne's rate of 4.7%. Workforce participation was broadly similar to Greater Melbourne's 64.1%. Residents' employment is concentrated in health care & social assistance, professional & technical services, and education & training.

Eaglemont shows particular strength in professional & technical employment, with a share 1.5 times the regional level. Conversely, transport, postal & warehousing has lower representation at 2.1% compared to the regional average of 5.2%. The area appears to offer limited local employment opportunities based on Census data comparing working population and resident population. Over the year to September 2025, labour force levels increased by 0.1%, while employment declined by 0.1%, resulting in an unemployment rate rise of 0.2 percentage points. In contrast, Greater Melbourne experienced employment growth of 3.0% and labour force growth of 3.3%. State-level data from VIC to 25-Nov shows employment grew by 1.13% year-on-year, adding 41,950 jobs, with the state unemployment rate at 4.7%, compared to the national rate of 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 offer insight into potential future demand within Eaglemont. These projections suggest national employment will expand by 6.6% over five years and 13.7% over ten years, with growth rates differing significantly between industry sectors. Applying these projections to Eaglemont's employment mix suggests local employment should increase by 7.4% over five years and 15.0% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

The suburb of Eaglemont had a median taxpayer income of $63,611 and an average income of $100,415 in the financial year 2023, according to postcode level ATO data aggregated by AreaSearch. This is notably higher than the national averages for median ($57,688) and average incomes ($75,164). By September 2025, estimated median income would be approximately $68,859 and average income $108,699, based on an 8.25% Wage Price Index growth since financial year 2023. In the 2021 Census, Eaglemont's household, family, and personal incomes ranked highly nationally, between the 88th and 95th percentiles. Income distribution showed that 35.9% of residents (1,569 people) earned $4,000 or more, differing from Melbourne's metropolitan region where the dominant income bracket was $1,500 - $2,999 at 32.8%. Economic strength was evident with 48.8% of households earning high weekly incomes exceeding $3,000, supporting increased consumer spending. After housing costs, residents retained 89.4% of their income, indicating strong purchasing power. The suburb's SEIFA income ranking placed it in the 10th decile.

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

Eaglemont's dwelling structures, as per the latest Census, consisted of 78.5% houses and 21.4% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 76.0% houses and 24.0% other dwellings. Home ownership in Eaglemont stood at 50.0%, with mortgaged dwellings at 29.6% and rented ones at 20.4%. The median monthly mortgage repayment was $3,073, higher than Melbourne metro's average of $2,167. Median weekly rent in Eaglemont was $453, compared to Melbourne metro's $399. Nationally, Eaglemont's mortgage repayments were significantly higher at $3,073 against the Australian average of $1,863, while rents were substantially above the national figure of $375.

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

Family households account for 78.9% of all households, including 39.6% couples with children, 31.3% couples without children, and 7.2% single parent families. Non-family households make up the remaining 21.1%, with lone person households at 18.6% and group households comprising 2.7% of the total. The median household size is 2.7 people, which is larger than the Greater Melbourne average of 2.5.

Educational achievement in Eaglemont places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Educational attainment in Eaglemont is notably higher than national and regional averages. Among residents aged 15 and above, 53.9% have university qualifications, compared to 30.4% nationally and 32.8% in the SA4 region. Bachelor degrees are the most common at 33.8%, followed by postgraduate qualifications (14.9%) and graduate diplomas (5.2%). Vocational pathways account for 18.3% of qualifications, with advanced diplomas making up 8.8% and certificates 9.5%.

Educational participation is high, with 29.4% of residents currently enrolled in formal education. This includes 9.5% in secondary education, 8.2% in tertiary education, and 7.8% pursuing primary education.

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

Eaglemont has eight operational public transport stops offering a combination of train and bus services. These stops are served by two distinct routes, together facilitating 1,318 weekly passenger journeys. The area's transport accessibility is deemed good, with residents on average situated 320 meters from the closest transport stop.

Service frequency averages 188 trips daily across all routes, translating to roughly 164 weekly trips per individual stop.

Eaglemont's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis shows Eaglemont's health metrics are strong with low prevalence of common conditions across all ages. Private health cover is high at approximately 66%, compared to Greater Melbourne's 60.9% and Australia's national average of 55.7%. The most prevalent conditions are arthritis (7.9%) and asthma (7.1%).

71.9% of residents report no medical ailments, higher than Greater Melbourne's 69.3%. Eaglemont has 24.8% seniors (aged 65+), totaling 1,084 people, compared to Greater Melbourne's 19.8%. Senior health outcomes are strong, outperforming the general population in metrics.

The level of cultural diversity witnessed in Eaglemont was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Eaglemont was found to have a higher cultural diversity than most local markets, with 22.6% of its population born overseas and 20.1% speaking a language other than English at home. Christianity is the predominant religion in Eaglemont, comprising 56.0% of the population, compared to 47.1% across Greater Melbourne. The top three ancestry groups in Eaglemont are English (21.9%), Australian (18.4%), and Italian (13.5%), with Italian representation being substantially higher than the regional average of 7.7%.

Notably, certain ethnic groups have different representations: Greek at 4.4% in Eaglemont compared to 3.0% regionally, Macedonian at 1.0% versus 1.1%, and Sri Lankan at 0.6% against 0.5%.

Eaglemont hosts an older demographic, ranking in the top quartile nationwide

The median age in Eaglemont is 46 years, notably higher than Greater Melbourne's average of 37 and also above Australia's median of 38. Compared to Greater Melbourne, Eaglemont has an over-representation of the 65-74 age cohort at 13.0%, while those aged 25-34 are under-represented at 10.0%. Between the 2021 Census and now, the 75 to 84 age group has increased from 6.4% to 8.9% of Eaglemont's population. Conversely, the 55 to 64 cohort has decreased from 15.7% to 13.7%. By 2041, projections indicate significant demographic changes in Eaglemont. The 75 to 84 age cohort is expected to grow substantially by 307 people (79%), from 389 to 697. Those aged 65 and above are projected to comprise 58% of this growth, while the 0 to 4 age group shows minimal growth of just 1%.