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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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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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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 5,417 as of May 2026, indicating an increase of 355 people since the 2021 Census. This growth represents a 7.0% rise from the previous figure of 5,062. The change is inferred from ABS data showing an estimated resident population of 5,382 in June 2025 and an additional 120 validated new addresses since the Census date. This results in a population density ratio of 7.2 persons per square kilometer. Heathcote's growth rate exceeded both its SA4 region (4.0%) and SA3 area during this period, marking it as a growth leader. Interstate migration contributed approximately 92.4% of overall population gains recently.
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, VIC State Government's Regional/LGA projections from 2023 are used with adjustments made via weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are applied across all areas for years 2032 to 2041. By 2041, Heathcote's population is projected to increase significantly in the top quartile of Australia's non-metropolitan areas, with an expected growth of 1,687 persons, reflecting a total gain of 30.5% over the 16-year period based on the latest annual ERP population numbers.
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, 23 approvals have been recorded. On average, each new dwelling accommodates about 2.6 residents annually between FY-21 and FY-25, indicating strong demand that supports property values. The average construction cost for these dwellings is $321,000.
In the current financial year, Heathcote has seen $4.5 million in commercial approvals, reflecting its residential character. Compared to the rest of Victoria, Heathcote demonstrates moderately higher building activity, with a 24.0% increase per person over the five-year period, offering buyers reasonable options while sustaining existing demand. However, development activity has slowed in recent periods.
All new constructions are standalone homes, preserving Heathcote's low-density nature and attracting space-seeking buyers, with approximately 206 people moving into each dwelling approval. According to AreaSearch's latest quarterly estimate, Heathcote is projected to grow by 1,652 residents by 2041. Construction pace is maintaining a reasonable level with this projected growth, but buyers may face increasing competition as the population grows.
Frequently Asked Questions - Development
Development applications around Heathcote
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| Lodged | Address | Description | Type | Distance | Status |
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Heathcote has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally
The performance of an area is significantly influenced by changes to its local infrastructure, major projects, and planning initiatives. Four projects have been identified by AreaSearch as potentially impacting the area. Notable projects include Heathcote Community Hub Redevelopment, Heathcote Boutique Lots (SIG Group), Axedale Solar Farm, and Strathfieldsaye Growth Area. The following details those most likely to be relevant.
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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 overhead transmission interconnector linking the NSW and Victorian high voltage electricity grids. The preferred option runs from Transgrid's Dinawan Substation north of Jerilderie to new substations proposed near Kerang and Bulgana, connecting EnergyConnect in NSW with Western Renewables Link in Victoria. The project is intended to increase transfer capacity between the states, support renewable energy zones, improve reliability and security of supply, and enable regional jobs and community benefits. The NSW section has completed EIS exhibition and Transgrid is preparing Submissions and Amendment Reports for lodgement in mid-2026. The Victorian section is preparing an Environment Effects Statement, with VicGrid responsible for planning and Iberdrola Australia selected as development partner.
Water and Sewer Network Program
A major program to renew and upgrade critical water and sewer infrastructure across the Coliban Water region. Key 2026 activities include routine water mains cleaning via air scouring in Maiden Gully and Bendigo Central, and significant upgrades to the Cohuna Water Treatment Plant. The program also encompasses the Coliban Rural Water Efficiency Project, a $160 million initiative to modernize gold rush-era open channels with piped networks to reduce water loss by up to 79%. The Maiden Gully to Marong pipeline, a 17km critical link, is a centerpiece of this 'Big Water Build' to support regional population growth.
Greater Bendigo Managed Growth Strategy
Long-term residential growth framework adopted by the City of Greater Bendigo on 16 September 2024 to guide housing and settlement planning to 2056. The strategy plans for about 87,000 additional residents and 38,000 additional dwellings, with a strong focus on infill housing, housing diversity, safer settlement planning, environmental constraints and growth areas including Huntly, Maiden Gully, Marong, Strathfieldsaye, Jackass Flat and Ravenswood as an investigation area. Implementation is being pursued through proposed Planning Scheme Amendment C287gben. As of early 2026, the Minister for Planning has appointed the Bushfire Planning Advisory Committee to provide independent advice on bushfire settlement planning and whether proposed Amendment C287gben can be considered for authorisation.
Victorian Renewable Energy Zones
The Victorian Renewable Energy Zones (REZs) represent a strategic 15-year roadmap to upgrade the state electricity grid as it transitions from coal to renewable energy. Managed by VicGrid, the 2025 Victorian Transmission Plan identifies six onshore zones (Central Highlands, Central North, Gippsland, North-West, South-West, and Western/Grampians) and a Gippsland Shoreline zone for offshore wind. The plan coordinates the connection of approximately 25GW of new solar, wind, and storage capacity by 2035, requiring nearly 800km of transmission upgrades. As of early 2026, VicGrid is finalizing the declaration of these zones following extensive community consultation on draft REZ orders, which closed in March 2026.
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 diverse workforce with both white and blue collar jobs, predominantly in manufacturing and industrial sectors. The unemployment rate was 5.3% as of December 2025, with an estimated employment growth of 0.9% over the past year. In December 2025, 2,226 residents were employed, but the unemployment rate was higher than Regional Vic.'s rate by 1.6 percentage points at 3.7%.
Workforce participation in Heathcote was lower at 51.6%, compared to Regional Vic.'s 61.0%. According to Census responses, 18.3% of residents worked from home. Leading employment industries among Heathcote residents were health care & social assistance, construction, and manufacturing. Notably, mining had a significant presence with an employment share 7.4 times the regional level.
Conversely, education & training had limited presence at 6.5%, compared to the regional average of 9.1%. Over the year to December 2025, employment in Heathcote increased by 0.9%, while the labour force grew by 1.8%, leading to a rise in unemployment rate by 0.9 percentage points. This contrasted with Regional Vic., where employment contracted by 0.6%, the labour force fell by 0.7%, and unemployment decreased by 0.1 percentage points. National employment forecasts from Jobs and Skills Australia, published in May-25, project national employment growth of 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, although these are simple extrapolations for illustrative purposes only.
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 income level is lower than average on a national basis according to the latest ATO data aggregated by AreaSearch for financial year 2023. The Heathcote SA2's median income among taxpayers is $48,644 and the average income stands at $59,717. These figures compare to Regional Vic.'s median of $50,954 and average of $62,728 respectively. Based on Wage Price Index growth of 9.62% since financial year 2023, current estimates would be approximately $53,324 (median) and $65,462 (average) as of March 2026. According to 2021 Census figures, household, family and personal incomes in Heathcote all fall between the 7th and 8th percentiles nationally. The earnings profile shows that 28.1% of the community (1,522 individuals) falls within the $400 - 799 earnings band, contrasting with regional levels where the $1,500 - 2,999 bracket leads at 30.3%. Housing costs are modest, with 86.8% of income retained, but total disposable income ranks 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
In Heathcote, as per the latest Census evaluation, 96.4% of dwellings were houses, with the remaining 3.6% comprising semi-detached homes, apartments, and other types. This compares to Regional Vic.'s figures of 90.1% houses and 9.9% other dwellings. Home ownership in Heathcote stood at 51.7%, with mortgaged properties at 35.8% and rented ones at 12.5%. The median monthly mortgage repayment was $1,387, lower than Regional Vic.'s average of $1,430. The median weekly rent in Heathcote was $260, compared to Regional 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 account for 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 constitute the remaining 35.9%, with lone person households at 32.4% and group households comprising 3.4%. The median household size is 2.2 people, which is smaller than the Regional 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's university qualification rate is 17.2%, significantly lower than Victoria's average of 33.4%. Bachelor degrees are the most common at 11.2%, followed by graduate diplomas (3.2%) and postgraduate qualifications (2.8%). Vocational credentials are held by 42.5% of residents aged 15 and above, with advanced diplomas at 11.5% and certificates at 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 served by 4 different routes offering a total of 77 weekly passenger trips. Residents have limited access to these services, with an average distance of 1982 meters to the nearest stop. The area is predominantly residential, and most commuters travel outwards daily. Cars are the primary mode of transport, used by 95% of residents. On average, there are 1.7 vehicles per dwelling, higher than the regional norm. According to the 2021 Census, 18.3% of residents work from home, which may be influenced by COVID-19 conditions.
The service frequency averages 11 trips per day across all routes, translating to about 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, as assessed by AreaSearch through mortality rates and chronic condition prevalence. The prevalence of common health conditions is notable across both younger and older age cohorts.
Private health cover is found to be very low at approximately 49% of the total population (~2,648 people), compared to the national average of 55.7%. The most common medical conditions are arthritis and mental health issues, impacting 14.7 and 9.7% of residents respectively. Conversely, 55.4% of residents declare themselves completely clear of medical ailments, compared to 63.4% across Regional Vic.. The working-age population faces notable health challenges with elevated chronic condition rates. The area has 29.2% of residents aged 65 and over (1,583 people), which is higher than the 23.9% in Regional 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, 88.0% born in Australia, and 96.6% speaking English only at home. The dominant religion in Heathcote is Christianity, accounting for 49.5% of the population, compared to 47.3% across Regional Vic. The top three ancestry groups in Heathcote are English (32.0%), Australian (30.2%), and Irish (11.6%).
Notably, Scottish ancestry is overrepresented at 9.4%, compared to 8.8% regionally, Maltese at 0.7% versus 0.5%, and German at 3.7% versus 3.5%.
Frequently Asked Questions - Diversity
Age
Heathcote ranks among the oldest 10% of areas nationwide
The median age in Heathcote is 52 years, significantly higher than Regional Vic.'s average of 43 and well above the national norm of 38. The 55-64 age group is notably over-represented at 17.3% locally, compared to Regional Vic.'s average, while the 25-34 age group is under-represented at 7.3%. This concentration in 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 11.3% of the population. Conversely, the 45 to 54 age group has declined from 13.7% to 11.7%. Population forecasts for the year 2041 indicate substantial demographic changes in Heathcote. The 45 to 54 age cohort is projected to grow by 45%, adding 288 residents to reach a total of 922. Meanwhile, the 55 to 64 age group grows by a modest 5%, adding 44 people.