Eaglemont

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

The suburb of Eaglemont had an estimated population of 3,929 as of May 2026, reflecting a decrease of 31 people since the 2021 Census. This decline represents a 0.8% change from the previous census figure of 3,960. The current resident population is estimated at 3,925 based on AreaSearch's analysis of latest ERP data released by the ABS in June 2025 and an additional 30 validated new addresses since the Census date. This results in a population density ratio of 1,777 persons per square kilometer, which exceeds the average seen across national locations assessed by AreaSearch. The primary driver for population growth in the suburb was overseas migration, contributing approximately 90% of overall population gains during recent periods.

AreaSearch uses 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 employs the VIC State Government's Regional/LGA projections from 2023, adjusting using weighted aggregation methods to SA2 levels. Looking ahead, significant population growth is forecast for Eaglemont, with an expected increase of 1,377 persons by 2041 based on aggregated SA2-level projections. This represents a total increase of 35% over the 16-year period.

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

Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Eaglemont has averaged around 16 new dwelling approvals annually. Between FY-21 and FY-25, an estimated 81 homes were approved, with 15 more so far in FY-26. The area's population decline suggests that new supply is likely keeping up with demand, offering good choice to buyers.

New homes are being built at an average expected construction cost value of $1,442,000, indicating a focus on the premium market with high-end developments. This financial year has seen $534,000 in commercial approvals, demonstrating Eaglemont's residential nature. Compared to Greater Melbourne, Eaglemont shows approximately 60% 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 342 people per dwelling approval, Eaglemont shows characteristics of a low density area. Looking ahead, Eaglemont is expected to grow by 1,373 residents through to 2041 (from the latest AreaSearch quarterly estimate). 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 affect an area's performance. AreaSearch has identified 17 projects that may impact the region. Notable ones include Austin Hospital Emergency Department Expansion, The Austin Heidelberg, Bell Street Mall Neighbourhood Activity Centre Masterplan, and Small Sites Program - Heidelberg West (Development Victoria). Relevant projects are listed below.

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.

AreaSearch analysis of employment trends sees Eaglemont performing better than 85% of local markets assessed across Australia

Eaglemont has a highly educated workforce with professional services being strongly represented. The unemployment rate in December 2025 was 1.8%, as per AreaSearch's aggregation of statistical area data. In December 2025, 2,280 residents were employed while the unemployment rate was 3.0% lower than Greater Melbourne's rate of 4.8%.

Workforce participation in Eaglemont was similar to Greater Melbourne's 69.9%. According to Census responses, 44.5% of residents worked from home, though Covid-19 lockdown impacts should be considered. Employment among residents is concentrated in health care & social assistance, professional & technical services, and education & training. Eaglemont shows strong specialization in professional & technical services with an employment share 1.5 times the regional level, while transport, postal & warehousing has lower representation at 2.1% compared to the regional average of 5.2%.

The area offers limited local employment opportunities as indicated by the count of Census working population versus resident population. Over the 12 months to December 2025, labour force levels decreased by 0.2%, while employment declined by 0.6%, resulting in a rise in unemployment rate by 0.4 percentage points. In contrast, Greater Melbourne experienced employment growth of 2.4% and labour force growth of 2.8%. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Eaglemont. These projections estimate that national employment will expand by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these industry-specific projections to Eaglemont's employment mix suggests local employment should increase by 7.4% over five years and 15.0% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

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

Eaglemont suburb has a median taxpayer income of $63,611 and an average income of $100,415 according to AreaSearch's aggregation of ATO data for financial year 2023. Nationally, these figures are exceptionally high, contrasting with Greater Melbourne's median income of $57,688 and average income of $75,164. By March 2026, estimates based on a 9.62% Wage Price Index growth would be approximately $69,730 (median) and $110,075 (average). The 2021 Census ranks household, family, and personal incomes in Eaglemont between the 88th and 95th percentiles nationally. Income distribution shows that 35.9% of residents (1,410 people) earn over $4,000 annually, differing from Melbourne's metropolitan region where earnings between $1,500 and $2,999 dominate with 32.8%. Economic strength is evident with 48.8% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 89.4% of their income, indicating strong purchasing power. The area's SEIFA income ranking places 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 structure, as per the latest Census, comprised 78.5% houses and 21.4% other dwellings. In comparison, Melbourne metro had 67.9% houses and 32.1% 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 $2,000. Median weekly rent in Eaglemont was $453, compared to Melbourne metro's $390. Nationally, Eaglemont's mortgage repayments were significantly higher at $1,863 and rents substantially above the national figure of $375.

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

Family households constitute 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 account for the remaining 21.1%, with lone person households at 18.6% and group households comprising 2.7%. The median household size is 2.7 people, larger than the Greater Melbourne average of 2.6.

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 broader benchmarks. Among residents aged 15 and above, 53.9% hold university qualifications, compared to 30.4% nationally and 32.8% in the SA4 region. This educational advantage is reflected in the types of qualifications held: bachelor degrees lead 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 at 8.8% and certificates at 9.5%.

Educational participation is high in Eaglemont, 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 active public transport stops, all bus services. These are covered by two routes, offering 1,318 weekly passenger trips in total. Transport access is good, with residents typically living 320 meters from the nearest stop. Most commuters travel outwards; cars remain dominant at 82%, followed by trains at 8% and walking at 6%. Vehicle ownership averages 1.6 per dwelling, above the regional average. According to the 2021 Census, 44.5% of residents work from home, potentially due to COVID-19 conditions.

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

Eaglemont's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Eaglemont's health outcomes show exceptional results based on AreaSearch's assessment of mortality rates and chronic condition prevalence, with very low prevalence across all age groups. Approximately 66% of Eaglemont's total population (2,606 people) has private health cover, compared to Greater Melbourne's 56.7% and the national average of 55.7%. The most prevalent medical conditions are arthritis (7.9%) and asthma (7.1%), while 71.9% of residents report being completely clear of medical ailments, close to Greater Melbourne's 72.6%.

Eaglemont has a higher proportion of seniors aged 65 and over at 25.2% (990 people), compared to Greater Melbourne's 15.0%. Health outcomes among seniors are strong, broadly in line with the general population nationally.

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 had 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 was the predominant religion in Eaglemont, accounting for 56.0% of its population, compared to 43.0% across Greater Melbourne. The top three ancestry groups were English (21.9%), Australian (18.4%), and Italian (13.5%), with Italian being significantly higher than the regional average of 5.2%.

Notably, Greek representation was higher at 4.4% compared to the regional average of 2.7%, Macedonian was 1.0% versus 0.7%, and Sri Lankan was 0.6% compared to 0.8%.

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

The median age in Eaglemont is 46 years, which is notably higher than Greater Melbourne's average of 37 years and also exceeds the Australian median of 38 years. Compared to Greater Melbourne's average, Eaglemont has a notably higher proportion of people aged 65-74 (13.0% locally), while those aged 25-34 are under-represented (10.6%). Between the 2021 Census and present, the population aged 75 to 84 has grown from 6.4% to 9.0%, while the 55 to 64 age group has declined from 15.7% to 13.9%. By 2041, significant demographic changes are projected for Eaglemont, with the 75 to 84 age cohort expected to grow substantially by 286 people (an increase of 81%), reaching a total of 640 individuals in this age group.