Chart Color Schemes
This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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ABS ERP | -- people | --
2021 Census | -- people
Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Heathcote lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Heathcote's population was around 5,723 as of February 2026. This reflected an increase of 661 people since the 2021 Census, which reported a population of 5,062 people. The change was inferred from the estimated resident population of 5,329 in June 2024 and an additional 118 validated new addresses since the Census date. This level of population resulted in a density ratio of 7.6 persons per square kilometer. Heathcote's growth rate of 13.1% since the 2021 census exceeded both the SA3 area (6.8%) and the SA4 region, indicating it was a growth leader in the region. Interstate migration contributed approximately 94.8% of overall population gains during recent periods.
AreaSearch adopted 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 utilized the VIC State Government's Regional/LGA projections released in 2023, adjusting them using weighted aggregation from LGA to SA2 levels. Growth rates by age group were applied across all areas for years 2032 to 2041. By 2041, the population was projected to increase significantly in the top quartile of Australia's non-metropolitan areas, with Heathcote expected to grow by 1,803 persons, reflecting a gain of 24.6% over the 17 years.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Heathcote when compared nationally
Heathcote has received approximately 42 dwelling approvals per year over the past five financial years, totalling 210 homes. As of FY-26, 18 dwellings have been approved. On average, each dwelling has added about 2.6 new residents annually between FY-21 and FY-25, indicating strong demand that supports property values. The average construction cost for new homes is around $321,000.
This year, $4.5 million in commercial approvals have been registered, suggesting the area's residential character. Compared to the rest of Victoria, Heathcote shows moderately higher building activity, being 25.0% above the regional average per person over the five-year period. This has preserved reasonable buyer options while sustaining existing property demand, although development activity has slowed in recent periods.
All new construction consists of standalone homes, preserving the area's low-density nature and attracting space-seeking buyers with an average of around 206 people per dwelling approval. According to AreaSearch's latest quarterly estimate, Heathcote is expected to grow by 1,409 residents through to 2041. Construction pace is maintaining reasonable growth, but buyers may face increasing competition as the population grows.
Frequently Asked Questions - Development
Infrastructure
Heathcote has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally
Changes to local infrastructure significantly affect an area's performance. Four projects identified by AreaSearch are expected to impact the region. Notable projects include Heathcote Community Hub Redevelopment, Heathcote Boutique Lots (SIG Group), Axedale Solar Farm, and Strathfieldsaye Growth Area, with further details provided below.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Victoria to NSW Interconnector West (VNI West)
VNI West is a proposed 500 kV double circuit transmission line connecting the high-voltage grids of Victoria and New South Wales. The project aims to improve grid reliability, support the transition to renewable energy by connecting Renewable Energy Zones, and maintain supply as coal-fired plants retire. The NSW section is under assessment following its Environmental Impact Statement (EIS) exhibition in late 2025, while the Victorian section is currently undergoing an Environment Effects Statement (EES) with public exhibition expected in late 2026.
Water and Sewer Network Program
A major 10-year plus program valued at $100 million in its first phase to renew and upgrade critical water and sewer pipes and pumps across the Coliban Water region. Key 2026 milestones include the commencement of works in Cohuna and continued progress on the 11-kilometre Maiden Gully to Marong water pipeline, which is over 60% complete. The program focuses on replacing ageing goldrush-era infrastructure with modern assets to support population growth in areas like Epsom, Huntly, and Marong while ensuring climate resilience.
Greater Bendigo Managed Growth Strategy Implementation
A long-term strategic framework adopted by the City of Greater Bendigo in September 2024 to manage residential growth through 2056. The strategy plans for approximately 38,000 new dwellings to accommodate 87,000 additional residents. Key objectives include directing 70% of new housing to established infill areas to improve climate resilience, protecting environmental assets, and increasing housing diversity near transport corridors and activity centers. Implementation involves Planning Scheme Amendment C287gben to codify these growth boundaries and character areas.
Victorian Renewable Energy Zones
VicGrid is coordinating the staged development of six onshore Renewable Energy Zones (REZs) and a Gippsland Shoreline zone. The 2025 Victorian Transmission Plan identifies indicative REZ locations and the nearly 800km of transmission upgrades required to connect 25GW of new wind, solar, and storage by 2035. The plan balances infrastructure needs with impacts on agriculture, Traditional Owners, and the environment. Formal declaration of the first five zones is anticipated in early 2026, followed by a competitive access regime for developers.
Heathcote Community Hub Redevelopment
The City of Greater Bendigo is undertaking a multimillion-dollar redevelopment of the Heathcote Civic Precinct to create a multi-purpose community hub. The project involves refurbishing and expanding the heritage-listed Municipal Office and former Court House buildings. Key features include an expanded library with a tech hub, multi-purpose meeting spaces, co-working areas, improved accessibility, outdoor community space, and parenting facilities. The hub will house customer support services, maternal and child health services, and the Heathcote Library.
Bendigo and Echuca Line Upgrade
Completed $176 million rail upgrade (part of the $4 billion Regional Rail Revival program) delivering three new stations at Goornong, Huntly and Raywood, track and signalling upgrades enabling speeds up to 130 km/h (Epsom-Goornong) and 100 km/h (Goornong-Echuca), a new Electronic Train Order system, 10 upgraded level crossings with improved detection, and tripled weekday services to Echuca. Passengers save up to 12 minutes on journeys, with additional savings from timetable changes in late 2023.
Axedale Solar Farm
A hybrid 140 MW solar PV and 50 MW/100 MWh battery energy storage system project located 20 km east of Bendigo in Victoria. The project utilizes state-of-the-art solar photovoltaic panels that track the sun, reducing emissions by 200,000 tonnes of CO2 per year, creating up to 150 construction jobs and 5 ongoing local jobs, with potential for sheep grazing during operation.
Strathfieldsaye Growth Area
Major growth area with population expected to double from 6,500 to 13,000 by 2035. Multiple residential developments including Brookwood Townhomes and other estates. Focus on areas south of township.
Employment
Employment drivers in Heathcote are experiencing difficulties, placing it among the bottom 20% of areas assessed across Australia
Heathcote has a balanced workforce consisting of white and blue collar jobs, with manufacturing and industrial sectors well-represented. The unemployment rate in Heathcote was 5.2% as of September 2025. There was an estimated employment growth of 1.4% over the past year.
As of September 2025, 2,222 residents were employed while the unemployment rate was 6.6%, which is 2.8 percentage points higher than Rest of Vic.'s rate of 3.8%. Workforce participation in Heathcote was 52.0%, significantly lower than Rest of Vic.'s 61.4%. According to Census responses, 18.3% of residents worked from home. The leading employment industries among residents were health care & social assistance, construction, and manufacturing.
There was a particularly strong specialization in mining, with an employment share of 7.4 times the regional level. However, education & training had limited presence with 6.5% employment compared to 9.1% regionally. Over the 12 months to September 2025, employment increased by 1.4%, while labour force increased by 2.6%, resulting in a rise of 1.1 percentage points in the unemployment rate. In contrast, Rest of Vic. saw employment contract by 0.7%, labour force fall by 0.6%, and unemployment rise marginally. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment is forecast to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Heathcote's employment mix suggests local employment should increase by 5.8% over five years and 12.6% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections.
Frequently Asked Questions - Employment
Income
The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data
The Heathcote SA2's median income among taxpayers was $48,644 and average income was $59,717 in financial year 2023, according to latest ATO data aggregated by AreaSearch. These figures compared to Rest of Vic.'s median income of $50,954 and average income of $62,728 respectively. Based on Wage Price Index growth of 8.25% since financial year 2023, current estimates for Heathcote would be approximately $52,657 (median) and $64,644 (average) as of September 2025. According to 2021 Census figures, household, family and personal incomes in Heathcote all fell between the 7th and 8th percentiles nationally. The earnings profile showed that the $400 - $799 earnings band captured 28.1% of the community (1,608 individuals), contrasting with regional levels where the $1,500 - $2,999 bracket led at 30.3%. Housing costs were modest with 86.8% of income retained, but total disposable income ranked at just the 11th percentile nationally.
Frequently Asked Questions - Income
Housing
Heathcote is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Heathcote's dwelling structures, as per the latest Census, consisted of 96.4% houses and 3.6% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Non-Metro Vic.'s 90.1% houses and 9.9% other dwellings. Home ownership in Heathcote stood at 51.7%, with mortgaged dwellings at 35.8% and rented ones at 12.5%. The median monthly mortgage repayment was $1,387, below Non-Metro Vic.'s average of $1,430, while the median weekly rent figure was $260, compared to Non-Metro Vic.'s $285. Nationally, Heathcote's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Heathcote features high concentrations of lone person households, with a lower-than-average median household size
Family households constitute 64.1% of all households, including 20.5% couples with children, 34.3% couples without children, and 7.8% single parent families. Non-family households comprise the remaining 35.9%, with lone person households at 32.4% and group households at 3.4%. The median household size is 2.2 people, smaller than the Rest of Vic. average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Heathcote shows below-average educational performance compared to national benchmarks, though pockets of achievement exist
The area has university qualification rates of 17.2%, significantly lower than the Victorian average of 33.4%. This disparity presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 11.2%, followed by graduate diplomas (3.2%) and postgraduate qualifications (2.8%). Trade and technical skills are prominent, with 42.5% of residents aged 15+ holding vocational credentials – advanced diplomas (11.5%) and certificates (31.0%).
Educational participation is high, with 25.8% of residents currently enrolled in formal education. This includes 10.5% in primary education, 6.9% in secondary education, and 2.3% pursuing tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is very low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Heathcote has 13 active public transport stops serviced by 4 routes providing 77 weekly passenger trips. Residents are typically located 1982 meters from the nearest stop. The area is primarily residential with outward commuting being common, and car use dominates at 95%. Vehicle ownership averages 1.7 per dwelling, above the regional average. According to the 2021 Census, 18.3% of residents work from home. Service frequency averages 11 trips per day across all routes, equating to approximately 5 weekly trips per individual stop.
Service frequency averages 11 trips per day across all routes, equating to approximately 5 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Heathcote is lower than average with prevalence of common health conditions notable across both younger and older age cohorts
Heathcote faces significant health challenges based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are notable across both younger and older age cohorts.
The rate of private health cover is very low at approximately 49% of the total population (~2,798 people), compared to the national average of 55.7%. The most common medical conditions in the area are arthritis and mental health issues, impacting 14.7 and 9.7% of residents respectively. 55.4% of residents declare themselves completely clear of medical ailments, compared to 63.4% across Rest of Vic.. The working-age population faces notable health challenges with elevated chronic condition rates. The area has 28.0% of residents aged 65 and over (1,603 people), which is higher than the 23.9% in Rest of Vic.. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.
Frequently Asked Questions - Health
Cultural Diversity
Heathcote is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Heathcote's cultural diversity was found to be below average, with 86.0% of its population being citizens and 88.0% born in Australia. English is spoken exclusively at home by 96.6% of residents. Christianity is the predominant religion, practiced by 49.5%, compared to 47.3% across Rest of Vic..
The top three ancestry groups are English (32.0%), Australian (30.2%), and Irish (11.6%). Scottish ancestry is notably higher at 9.4% compared to the regional average of 8.8%. Maltese ancestry stands at 0.7%, slightly above the regional average of 0.5%. German ancestry is also marginally higher, at 3.7% versus 3.5% regionally.
Frequently Asked Questions - Diversity
Age
Heathcote ranks among the oldest 10% of areas nationwide
The median age in Heathcote is 52 years, which is significantly higher than Rest of Vic.'s average of 43 and well above the national norm of 38. The 55-64 cohort is notably over-represented in Heathcote at 17.2%, compared to Rest of Vic.'s average, while the 15-24 age group is under-represented at 7.6%. This concentration of the 55-64 age group is well above the national average of 11.2%. Between 2021 and present, the 35 to 44 age group has grown from 9.2% to 11.7% of Heathcote's population. Conversely, the 45 to 54 cohort has declined from 13.7% to 11.8%, and the 75 to 84 age group has dropped from 9.9% to 8.5%. Population forecasts for 2041 indicate substantial demographic changes in Heathcote, with the 45 to 54 cohort projected to grow by 38%, adding 259 residents to reach a total of 935. In contrast, numbers in the 55 to 64 age range are expected to fall by an unspecified amount.