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Sales Activity
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Population
An assessment of population growth drivers in Heathmont reveals an overall ranking slightly below national averages considering recent, and medium term trends
As of Nov 2025, Heathmont's population is estimated at around 10,323. This reflects an increase of 390 people since the 2021 Census, which reported a population of 9,933. The change is inferred from AreaSearch's estimate of 10,246 residents following examination of ABS ERP data release in June 2024 and 77 validated new addresses since the Census date. This results in a density ratio of 2,319 persons per square kilometer, placing Heathmont in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, Heathmont has shown resilient growth patterns with a compound annual growth rate of 0.8%, outpacing its SA3 area. Population growth was primarily driven by overseas migration contributing approximately 75.0% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, a population increase just below the median is expected, with Heathmont projected to increase by 1,234 persons to 2041 based on aggregated SA2-level projections, reflecting an overall gain of 11.5% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Heathmont recording a relatively average level of approval activity when compared to local markets analysed countrywide
AreaSearch analysis shows Heathmont had around 61 new home approvals per year over the past five financial years, totalling approximately 308 homes. As of FY-26, 14 approvals have been recorded. On average, 0.4 new residents were added per dwelling constructed annually between FY-21 and FY-25. This indicates supply meeting or exceeding demand, supporting buyer choice and potential population growth.
The average construction value for new homes was $536,000. In FY-26, $7.5 million in commercial approvals were registered, reflecting Heathmont's primarily residential nature. Compared to Greater Melbourne, Heathmont had 39.0% higher construction activity per person over the past five years but has seen a recent easing. New development consisted of 26.0% detached dwellings and 74.0% medium to high-density housing, shifting from the current housing mix of 94.0% houses. This change likely reflects reduced development site availability and evolving lifestyle demands.
Heathmont had approximately 299 people per dwelling approval, indicating a low-density market. According to AreaSearch's latest quarterly estimate, Heathmont is projected to gain 1,191 residents by 2041. Given current development patterns, new housing supply should meet demand, providing good conditions for buyers and potentially facilitating population growth beyond projections.
Frequently Asked Questions - Development
Infrastructure
Heathmont has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 33 projects likely affecting the region. Notable initiatives include Ringwood Residences, Ryman Healthcare Ringwood East Retirement Village, Dux Churchill at Ringwood, and improvements to Canterbury Road and Heathmont Road intersection. The following list details those most relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Queen Elizabeth II Hospital (Maroondah Hospital Redevelopment)
Complete redevelopment and expansion of the existing Maroondah Hospital, to be renamed Queen Elizabeth II Hospital. The $1.05 billion project will deliver a new emergency department (14 extra treatment spaces), a dedicated children's emergency department, a new mental health hub, operating theatres, day procedure facilities, specialist care spaces, two six-storey inpatient towers with 200+ extra beds, and an expanded medical imaging unit. Once complete, the hospital is expected to treat an extra 9,000 in-patients and 22,400 extra emergency patients annually. The project is part of the Victorian Government's Hospital Infrastructure Delivery Fund. Planning for the masterplan and feasibility study is underway, with construction still expected to start in 2025 and completion by 2029.
Ringwood Metropolitan Activity Centre Structure Plan
The Ringwood Metropolitan Activity Centre Structure Plan was approved and gazetted in March 2025 as Amendment C189maro to the Maroondah Planning Scheme. It provides statutory planning controls including height limits (up to 20 storeys on strategic sites), design requirements and streamlined approval pathways to deliver 8,200-12,200 new dwellings by 2051 together with significant employment, retail and community growth in Melbourne's east.
Ringwood Residences
A landmark mixed-use development featuring a Holiday Inn hotel with approximately 80-82 residential apartments rising from levels 7 to 15 of a 15-level building. Designed by CHT Architects, the project offers hotel-style luxury amenities including pool, gym, restaurant, and concierge services for residents. Features timber oak flooring, floor-to-ceiling windows, natural color schemes, and modern finishes throughout. Located opposite Ringwood Lake Park and within walking distance to Eastland Shopping Centre and Ringwood train station, combining urban convenience with natural surroundings. Residents have separate access from the hotel while enjoying full access to hotel facilities. Developer incentives include 3-year rental guarantee at 5% per annum.
East End - 28-30 Maroondah Highway Mixed-Use Development
A strategic 9,430 sqm mixed-use development site at the gateway to Ringwood's Metropolitan Activity Centre with fully approved planning permit for over 31,000 sqm of net saleable/lettable area. The approved development by LIFE Architecture and Urban Design (formerly CHT Architects) features mixed-use buildings with apartments, townhouses, hotel, and commercial spaces. The site is designated as a Feature Form Site within the MAC masterplan, encouraging taller built form to enhance the arrival into the activity centre. Located with direct Maroondah Highway frontage and adjacent to Gateway Bridge Reserve, offering immediate access to Eastland Shopping Centre and Ringwood Station.
Ryman Healthcare Ringwood East Retirement Village
Proposed retirement village by Ryman Healthcare on a 2.2 ha site (former Daiseys Hotel and garden centre). Scheme includes independent living and serviced apartments plus a 120-bed aged care centre with low, high and dementia care. Amenities planned include indoor swimming pool, cinema, cafe, hair and beauty salon, bowling green and landscaped open space. Construction reportedly commenced then was paused in late 2023; the project remains listed by the developer as a proposed village.
The Ring Development
Major mixed-use development featuring three towers of between 10 and 21 levels with potential to house hundreds of apartments. Located on 9,428sqm of land abutting Eastlink. Part of Ringwood's transformation into a modern urban centre with significant dwelling capacity and commercial opportunities.
Ringwood East Activity Centre Structure Plan
Strategic planning framework for Ringwood East Activity Centre guiding future development, land use, transport connections and community facilities. Establishes vision for sustainable growth and improved amenity.
Dux Churchill, Ringwood
Boutique retirement community of 57 one, two and three bedroom apartments under the Dux Living brand by Orion International Group. Designed by Via Architects and Studio Tate and assessed to LHA Gold design level, the project is now under construction with Maben Group. Located a short walk to Eastland and Ringwood Station.
Employment
Heathmont ranks among the top 25% of areas assessed nationally for overall employment performance
Heathmont has a highly educated workforce with strong representation in professional services. The unemployment rate was 2.4% as of June 2025, with an estimated employment growth of 0.9% over the past year, according to AreaSearch's statistical area data aggregation.
As of that date, 5,576 residents were employed, while the unemployment rate was 2.2% lower than Greater Melbourne's rate of 4.6%. Workforce participation was at 66.2%, compared to Greater Melbourne's 64.1%. Leading industries among residents included health care & social assistance, education & training, and professional & technical services. Education & training had a particularly high employment share, at 1.5 times the regional level.
Conversely, transport, postal & warehousing was under-represented, with only 2.7% of Heathmont's workforce compared to Greater Melbourne's 5.2%. Employment opportunities locally appeared limited, as indicated by the Census working population vs resident population count. Between June 2024 and June 2025, employment levels increased by 0.9%, while labour force grew by 0.9%, keeping the unemployment rate relatively stable. In comparison, Greater Melbourne recorded employment growth of 3.5% and labour force growth of 4.0%, with unemployment rising by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Heathmont. Over five years, national employment is forecast to expand by 6.6%, and over ten years by 13.7%. 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, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.
Frequently Asked Questions - Employment
Income
Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch
AreaSearch's latest postcode level ATO data for financial year 2022 shows Heathmont has a high national median income of $57,572 and an average income of $73,032. This contrasts with Greater Melbourne's median income of $54,892 and average income of $73,761. Based on Wage Price Index growth of 12.16% since financial year 2022, estimated incomes for September 2025 would be approximately $64,573 (median) and $81,913 (average). The 2021 Census shows Heathmont's household, family, and personal incomes are at the 71st percentile nationally. Income analysis reveals that 29.9% of residents earn between $1,500 - 2,999 weekly, with a substantial proportion of high earners (34.2%) above $3,000/week. Housing accounts for 13.4% of income and residents rank in the 77th percentile for disposable income. The area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Heathmont is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Heathmont's housing structure, as per the latest Census, consisted of 93.7% houses and 6.3% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Melbourne metro's 87.2% houses and 12.8% other dwellings. Home ownership in Heathmont stood at 38.8%, with mortgaged dwellings at 42.9% and rented dwellings at 18.2%. The median monthly mortgage repayment was $2,167, higher than Melbourne metro's average of $2,000. Median weekly rent in Heathmont was $400, compared to Melbourne metro's $385. Nationally, Heathmont's mortgage repayments exceeded the Australian average of $1,863, and rents were above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Heathmont has a typical household mix, with a higher-than-average median household size
Family households constitute 76.1 percent of all households, including 40.2 percent couples with children, 25.2 percent couples without children, and 9.7 percent single parent families. Non-family households comprise the remaining 23.9 percent, with lone person households at 21.6 percent and group households at 2.2 percent of the total. The median household size is 2.7 people, which is larger than the Greater Melbourne average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
Heathmont shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
The area's educational profile is notable regionally, with university qualification rates of 40.1% among residents aged 15+ exceeding both the Australian average (30.4%) and that of the SA4 region (31.2%). Bachelor degrees are most prevalent at 25.3%, followed by postgraduate qualifications (9.9%) and graduate diplomas (4.9%). Vocational credentials are also prominent, with 29.3% of residents aged 15+ holding such qualifications - advanced diplomas at 11.9% and certificates at 17.4%.
Educational participation is high, with 30.0% of residents currently enrolled in formal education. This includes 10.5% in primary education, 8.3% in secondary education, and 5.1% pursuing tertiary education. Heathmont's four schools have a combined enrollment of 1,954 students. The area demonstrates above-average socio-educational conditions (ICSEA: 1057). Education provision is balanced with three primary schools and one secondary school serving distinct age groups. School capacity exceeds typical residential needs (18.9 places per 100 residents vs 15.5 regionally), indicating the area serves as an educational center for the broader region.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is moderate compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Heathmont has 22 active public transport stops offering a mix of train and bus services. These stops are served by 8 different routes that collectively facilitate 2,727 weekly passenger trips. The accessibility of these transport options is rated as good, with residents on average located 318 meters from the nearest stop.
On average, there are 389 daily trips across all routes, which amounts to approximately 123 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Heathmont's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts
Health data shows positive outcomes for Heathmont residents, with common health conditions similar to those seen across younger and older age groups.
Approximately 56% (~5,746 people) of the total population has private health cover. The most prevalent medical conditions are asthma and mental health issues, affecting 8.8 and 8.4% of residents respectively. About 68.7% declare themselves free from medical ailments, similar to Greater Melbourne's figure. Around 18.3% (1,889 people) of residents are aged 65 and over. Health outcomes among seniors are above average, mirroring the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Heathmont was found to be 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% born overseas and 17.2% speaking a language other than English at home. Christianity dominated religionally, at 44.8%. Judaism was slightly overrepresented at 0.1%, compared to Greater Melbourne's 0.1%.
Top ancestry groups were English (27.8%), Australian (24.6%), and Irish (8.7%). Notably, Dutch (2.0%) and Hungarian (0.4%) were overrepresented compared to regional averages of 2.1% and 0.3%, respectively, while Russian was also somewhat higher at 0.4% versus 0.2%.
Frequently Asked Questions - Diversity
Age
Heathmont hosts an older demographic, ranking in the top quartile nationwide
Heathmont's median age is 41 years, which is significantly higher than Greater Melbourne's average of 37 years and somewhat older than Australia's median of 38 years. Compared to Greater Melbourne, Heathmont has a notably higher proportion of the 45-54 age cohort at 14.9% locally, while the 25-34 age group is under-represented at 9.4%. According to the 2021 Census, the 75-84 age group increased from 6.1% to 6.7% of Heathmont's population. Conversely, the 25-34 age cohort decreased from 10.3% to 9.4%. Demographic modeling indicates that Heathmont's age profile will change significantly by 2041. The 75-84 age group is projected to grow by 40%, adding 279 residents to reach 971. Residents aged 65 and older are expected to represent 59% of the population growth. Meanwhile, population declines are projected for the 5-14 and 0-4 age cohorts.