Victoria Point (Qld)

Victoria Point has shown very soft population growth performance across periods assessed by AreaSearch

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, Victoria Point (Qld) statistical area (Lv2)'s population is estimated at around 16,196 as of Nov 2025. This reflects an increase of 1,056 people (7.0%) since the 2021 Census, which reported a population of 15,140 people. The change is inferred from the resident population of 15,851 estimated by AreaSearch following examination of the latest ERP data release by the ABS in Jun 2024 and an additional 572 validated new addresses since the Census date. This level of population equates to a density ratio of 1,205 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Victoria Point (Qld) (SA2)'s 7.0% growth since census positions it within 1.2 percentage points of the SA4 region's 8.2%, demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by interstate migration that contributed approximately 57.99999999999999% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and for years post-2032, Queensland State Government's SA2 area projections, released in 2023 and based on 2021 data, are adopted. It should be noted that these state projections do not provide age category splits; hence where utilised, AreaSearch is applying proportional growth weightings in line with the ABS Greater Capital Region projections (released in 2023, based on 2022 data) for each age cohort. Moving forward with demographic trends, projections indicate a decline in overall population over this period, with the area's population expected to decline by 255 persons by 2041 according to this methodology. However, growth across specific age cohorts is anticipated, led by the 85 and over age group, which is projected to expand by 885 people.

AreaSearch assessment of residential development activity positions Victoria Point among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers in Victoria Point shows an average of around 137 new dwelling approvals per year. Between FY-21 and FY-25, approximately 687 homes were approved, with another 180 approved so far in FY-26. This averages to about 0.6 new residents per year per dwelling constructed over the past five financial years.

The construction pace matches or exceeds demand, providing more buying options and potentially outpacing population growth expectations. The average expected construction cost value of new properties is $469,000, indicating a focus on the premium market segment. In FY-26, $15.3 million in commercial approvals have been registered, demonstrating moderate levels of commercial development.

Compared to Greater Brisbane, Victoria Point maintains similar construction rates per person, supporting market stability aligned with regional patterns, although building activity has accelerated recently. Detached dwellings comprise 77.0% of new building activity, with townhouses or apartments making up the remaining 23.0%, preserving the area's suburban character and appeal to families seeking space. With around 79 people per dwelling approval, Victoria Point exhibits growth area characteristics. Population projections suggest stability or decline, which may reduce housing demand pressures, benefiting potential buyers in the future.

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

Area infrastructure changes significantly influence local performance. AreaSearch identified 12 projects potentially impacting the area. Key projects include Victoria Point South West Local Plan, Woodbury Estate Victoria Point, Arc on the Point - Clay Gully Development, and Weinam Creek Priority Development Area.

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

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Employment conditions in Victoria Point demonstrate exceptional strength compared to most Australian markets

Victoria Point has a skilled workforce with well-represented essential services sectors. Its unemployment rate is 2.6%, with an estimated employment growth of 6.5% over the past year (AreaSearch data).

As of September 2025, there are 8,080 residents employed, and the unemployment rate is 1.4% lower than Greater Brisbane's rate of 4.0%. Workforce participation in Victoria Point lags at 55.0%, compared to Greater Brisbane's 64.5%. The leading employment industries among residents are health care & social assistance, construction, and retail trade. Construction shows particularly strong specialization with an employment share 1.5 times the regional level.

However, professional & technical services are under-represented at 5.8%, compared to Greater Brisbane's 8.9%. Employment opportunities locally may be limited as indicated by the Census working population vs resident population count. Between September 2024 and September 2025, employment increased by 6.5% while labour force increased by 5.8%, reducing the unemployment rate by 0.6 percentage points (AreaSearch analysis). In contrast, Greater Brisbane experienced employment growth of 3.8% with a 0.5 percentage point drop in unemployment rate. State-level data as of 25-Nov-25 shows Queensland's employment contracted by 0.01%, with an unemployment rate of 4.2%. National employment forecasts from May-25 suggest national employment will expand by 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. Applying these projections to Victoria Point's employment mix suggests local employment should increase by 6.4% over five years and 13.3% over ten years (simple weighting extrapolation for illustrative purposes).

Income levels sit below national averages according to AreaSearch assessment

In AreaSearch's latest postcode level ATO data released for financial year 2023, Victoria Point's median income among taxpayers is $50,093. The average income in the suburb is $60,115. Nationally, incomes are higher on average. In Greater Brisbane, the median income is $58,236 and the average is $72,799. Based on Wage Price Index growth of 9.91% since financial year 2023, current estimates for Victoria Point would be approximately $55,057 (median) and $66,072 (average) as of September 2025. Census data indicates that household, family, and personal incomes in Victoria Point rank modestly, between the 29th and 36th percentiles. Income distribution shows that 30.3% of individuals earn between $1,500 and $2,999, which is similar to the broader area at 33.3%. Housing affordability pressures are severe in Victoria Point, with only 82.2% of income remaining after housing costs, ranking at the 35th percentile. The suburb's SEIFA income ranking places it in the 5th decile.

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

Victoria Point's dwelling structures, as per the latest Census, consisted of 80.9% houses and 19.2% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Brisbane metro's 83.9% houses and 16.1% other dwellings. Home ownership in Victoria Point was at 40.4%, with mortgaged dwellings at 37.4% and rented ones at 22.2%. The median monthly mortgage repayment was $1,950, below Brisbane metro's average of $2,000. Median weekly rent was $450, compared to Brisbane metro's $425. Nationally, Victoria Point's mortgage repayments were higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Victoria Point has a typical household mix, with a lower-than-average median household size

Family households account for 73.4% of all households, consisting of 28.9% couples with children, 33.4% couples without children, and 10.3% single parent families. Non-family households make up the remaining 26.6%, with lone person households at 24.6% and group households comprising 2.0%. The median household size is 2.5 people, which is smaller than the Greater Brisbane average of 2.6.

Victoria Point shows below-average educational performance compared to national benchmarks, though pockets of achievement exist

The area's university qualification rate is 17.5%, significantly lower than Greater Brisbane's average of 30.5%. Bachelor degrees are the most common at 12.4%, followed by postgraduate qualifications (2.8%) and graduate diplomas (2.3%). Vocational credentials are prevalent, with 41.8% of residents aged 15+ holding them - advanced diplomas (12.5%) and certificates (29.3%). A total of 23.8% of the population is actively engaged in formal education, including 8.2% in primary, 7.6% in secondary, and 3.3% in tertiary education.

A substantial 23.8% of the population actively pursues formal education. This includes 8.2% in primary education, 7.6% in secondary education, and 3.3% pursuing tertiary education.

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

Victoria Point has 70 active public transport stops, all of which are bus stops. These stops are served by 11 different routes that together facilitate 1,071 weekly passenger trips. The accessibility of these services is considered good, with residents on average being located 237 meters from the nearest stop.

Across all routes, there are an average of 153 trips per day, which equates to approximately 15 weekly trips per individual stop.

Health performance in Victoria Point is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Victoria Point faces significant health challenges, as indicated by health data. Both younger and older age groups have a notable prevalence of common health conditions.

Approximately 51% (~8,263 people) of Victoria Point residents have private health cover, lower than Greater Brisbane's 55.4%. The most prevalent medical conditions are arthritis (11.0%) and mental health issues (8.6%). Around 60.7% of residents report having no medical ailments, compared to 64.6% in Greater Brisbane. Victoria Point has a higher proportion of seniors aged 65 and over, at 31.6% (5,117 people), than Greater Brisbane's 25.3%. The health outcomes among seniors largely align with the general population's health profile.

Victoria Point ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Victoria Point showed lower cultural diversity, with 77.6% born in Australia, 90.4% citizens, and 94.8% speaking English only at home. Christianity was the primary religion, at 56.5%, compared to 52.8% in Greater Brisbane. Top ancestral groups were English (34.3%), Australian (26.3%), and Scottish (9.1%).

Notably, New Zealanders comprised 1.3%, South Africans 0.8%, and Welsh 0.7%.

Victoria Point hosts an older demographic, ranking in the top quartile nationwide

Victoria Point's median age is 49 years, significantly higher than Greater Brisbane's average of 36 years and Australia's national average of 38 years. The age profile shows that those aged 75-84 are particularly prominent, making up 12.6% of the population, compared to 6.0% nationally and 9.3% in Greater Brisbane. Meanwhile, the 25-34 age group is smaller at 6.8%, compared to 11.2% in Greater Brisbane and 13.7% nationally. Since 2021, the 75-84 age group has increased from 10.5% to 12.6%, while the 45-54 cohort has decreased from 13.3% to 12.0% and the 25-34 group has dropped from 8.1% to 6.8%. By 2041, population forecasts indicate that Victoria Point's 85+ cohort will show strong growth of 95%, adding 831 residents to reach a total of 1,706. Senior residents aged 65 and above will drive all population growth, while the 55-64 and 45-54 cohorts are projected to decline in population.