Heathmont

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

As of February 2026, the estimated population of Heathmont is around 10,432, reflecting a 5.0% increase since the 2021 Census which reported a population of 9,933. This growth was inferred from an estimated resident population of 10,218 in June 2024 and 77 validated new addresses since the Census date. The population density is approximately 2,344 persons per square kilometer, placing Heathmont in the upper quartile nationally according to AreaSearch assessments. Heathmont's growth exceeded that of its SA4 region (4.9%), making it a growth leader. Overseas migration contributed around 75.0% of overall population gains recently. For projections until 2041, AreaSearch uses ABS/Geoscience Australia data released in 2024 with a base year of 2022 for covered areas, and VIC State Government's Regional/LGA projections from 2023 adjusted to SA2 levels for uncovered areas.

Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these aggregated projections, Heathmont is expected to grow by 1,251 persons by 2041, reflecting a total gain of 9.9% over the 17-year period.

Residential development activity is lower than average in Heathmont according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers indicates that Heathmont has seen approximately 61 new homes approved annually. Over the past five financial years, from FY21 to FY25, around 308 homes were approved, with an additional 18 approved in FY26 as of the present time. The average population growth per dwelling built over these years was 0.5 people.

This suggests that new supply is meeting or exceeding demand, providing ample buyer choice and capacity for future population growth beyond current forecasts. The average construction value of new properties is $536,000, indicating a focus on the premium market with high-end developments. In FY26, $7.5 million in commercial approvals have been registered, reflecting the area's residential character. Compared to Greater Melbourne, Heathmont has seen slightly more development activity, at 39.0% above the regional average per person over the past five years. This balance supports buyer choice while maintaining current property values, despite a slowdown in building activity in recent years.

New building activity in Heathmont comprises 25.0% detached houses and 75.0% medium to high-density housing. This shift from the area's existing housing stock (currently 94.0% houses) suggests decreasing availability of developable sites and reflects changing lifestyles, with a growing need for diverse and affordable housing options. With around 364 people per dwelling approval, Heathmont demonstrates a developed market. According to AreaSearch's latest quarterly estimate, the area is forecasted to gain approximately 1,037 residents by 2041. Based on current development patterns, new housing supply should readily meet demand, offering favorable conditions for buyers and potentially facilitating population growth beyond current projections.

Heathmont has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 32 projects likely to impact the area. Notable projects include Ryman Healthcare Ringwood East Retirement Village, Dux Churchill in Ringwood, Canterbury Road and Heathmont Road Intersection Improvements, and The Ring Development. Below is a list detailing 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.

AreaSearch analysis places Heathmont well above average for employment performance across multiple indicators

Heathmont has a highly educated workforce with strong representation in professional services. Its unemployment rate is 2.8%, with an estimated employment growth of 1.8% over the past year, according to AreaSearch's statistical area data aggregation. As of December 2025, there are 5,656 residents employed, with an unemployment rate of 2.0%, lower than Greater Melbourne's 4.8%.

Workforce participation is similar to Greater Melbourne's at 71.3%. Notably, 38.9% of residents work from home, though Covid-19 lockdown impacts should be considered. Leading employment industries include health care & social assistance, education & training, and professional & technical services. Education & training shows strong specialization with an employment share 1.5 times the regional level.

Conversely, transport, postal & warehousing has lower representation at 2.7% compared to the regional average of 5.2%. Over the year to December 2025, employment increased by 1.8%, while labour force grew by 1.8%, with unemployment remaining essentially unchanged. By comparison, Greater Melbourne recorded employment growth of 2.4%, labour force growth of 2.8%, and an unemployment rise of 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Heathmont. These projections estimate national employment expansion by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these projections to Heathmont's employment mix suggests local employment should increase by 6.8% over five years and 13.9% over ten years, based on a simple weighting extrapolation for illustrative purposes and not accounting for localized population projections.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

AreaSearch's latest postcode level ATO data released for financial year 2023 indicates that Heathmont's median income among taxpayers is $57,571. The average income in this suburb was $73,030 during the same period. Nationally, the median income was lower at $54,986 with an average of $72,746. In Greater Melbourne, the median income was $57,688 and the average was $75,164. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Heathmont would be approximately $62,321 (median) and $79,055 (average) as of September 2025. Census 2021 income data shows that incomes in Heathmont cluster around the 71st percentile nationally. Income analysis reveals that the largest segment comprises 29.9% earning between $1,500 and $2,999 weekly (3,119 residents), which is similar to the metropolitan region where 32.8% occupy this bracket. A substantial proportion of high earners, at 34.2%, indicates strong economic capacity throughout the suburb. Housing accounts for 13.4% of income, while strong earnings rank residents within the 77th percentile for disposable income. The area's SEIFA income ranking places it in the 8th decile.

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

In Heathmont, as per the latest Census, 93.7% of dwellings were houses with 6.3% being other types such as semi-detached homes, apartments, and others. This is compared to Melbourne's metropolitan area where 67.9% of dwellings are houses and 32.1% are other types. Home ownership in Heathmont stood at 38.8%, with mortgaged dwellings at 42.9% and rented ones at 18.2%. The median monthly mortgage repayment was $2,167, higher than Melbourne's metro average of $2,000. The median weekly rent in Heathmont was $400, slightly above Melbourne's metro figure of $390. Nationally, Heathmont's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were also higher at $400 compared to the national figure of $375.

Heathmont has a typical household mix, with a higher-than-average median household size

Family households account for 76.1% of all households, including 40.2% couples with children, 25.2% couples without children, and 9.7% single parent families. Non-family households constitute the remaining 23.9%, with lone person households at 21.6% and group households comprising 2.2%. The median household size is 2.7 people, larger than the Greater Melbourne average of 2.6.

Heathmont shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's university qualification rate is 40.1%, higher than the Australian average of 30.4% and the SA4 region's 31.2%. Bachelor degrees are most common at 25.3%, followed by postgraduate qualifications (9.9%) and graduate diplomas (4.9%). Vocational credentials are held by 29.3% of residents aged 15+, with advanced diplomas at 11.9% and certificates at 17.4%.

Educational participation is high, with 30.0% currently enrolled in formal education. This includes 10.5% in primary education, 8.3% in secondary education, and 5.1% pursuing tertiary education.

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

Heathmont has 22 operational public transport stops, all of which are bus stops. These are served by nine different routes that together facilitate 2,088 weekly passenger trips. The area's transport accessibility is deemed good, with residents on average being 316 meters away from the nearest stop. Most residents commute outwards daily. Car remains the primary mode of transport, used by 89% of residents, while train usage stands at 6%. On average, there are 1.5 vehicles per dwelling in Heathmont, higher than the regional norm.

According to the 2021 Census, 38.9% of residents work from home, which may be influenced by COVID-19 conditions. Across all routes, an average of 298 trips are made daily, equating to approximately 94 weekly trips per individual stop.

The level of general health in Heathmont is notably higher than the national average with prevalence of common health conditions quite low across both younger and older age cohorts

Heathmont shows above-average health outcomes, as assessed by AreaSearch using mortality rates and chronic condition prevalence data.

The prevalence of common health conditions is low across both younger and older age groups. Approximately 56% (~5,807 people) of Heathmont's total population has private health cover, which is very high compared to other areas. Asthma and mental health issues are the most common medical conditions, affecting 8.8 and 8.4% of residents respectively. About 68.7% of residents report being completely free from medical ailments, compared to 72.6% across Greater Melbourne. The under-65 population in Heathmont has better than average health outcomes. As of 2021, 19.2% of residents are aged 65 and over (2,002 people), which is higher than the 15.1% recorded in Greater Melbourne. Health outcomes among seniors in Heathmont are above average and generally align with national rankings for the overall population.

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

Heathmont's cultural diversity was above average, with 22.9% of its population born overseas and 17.2% speaking a language other than English at home. The dominant religion in Heathmont was Christianity, accounting for 44.8% of the population. Notably, Judaism was overrepresented at 0.1%, compared to Greater Melbourne's average of 1.0%.

In terms of ancestry, the top three groups were English (27.8%), Australian (24.6%), and Irish (8.7%). These percentages were substantially higher than their respective regional averages of 20.1%, 18.4%, and likely lower. Additionally, Dutch (2.0%) was notably overrepresented compared to the regional average of 1.2%. Hungarian (0.4%) and Russian (0.4%) also showed notable divergences from regional averages.

Heathmont's median age exceeds the national pattern

Heathmont's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 years and slightly older than Australia's median of 38 years. Compared to Greater Melbourne, Heathmont has a notably higher proportion of the 45-54 age cohort (14.8%) but fewer residents aged 25-34 (9.0%). According to the 2021 Census, the 75-84 age group increased from 6.1% to 7.0%, while the 25-34 cohort decreased from 10.3% to 9.0%. By 2041, demographic modeling predicts significant changes in Heathmont's age profile. The 75-84 cohort is projected to grow by 34%, adding 249 residents to reach 980. Residents aged 65 and older are expected to represent 57% of the population growth. Conversely, population declines are anticipated for the 35-44 and 0-4 age groups.