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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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ABS ERP | -- people | --
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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
Based on AreaSearch's analysis, Heathcote's population is around 5,723 as of Feb 2026. This reflects an increase of 661 people (13.1%) since the 2021 Census, which reported a population of 5,062 people. The change is inferred from the estimated resident population of 5,329 from the ABS as of June 2024 and an additional 118 validated new addresses since the Census date. This population level equates to a density ratio of 7.6 persons per square kilometer, providing ample space per person. Heathcote's 13.1% growth since the 2021 census exceeded the SA3 area (6.8%) and the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by interstate migration, which contributed approximately 94.8% 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, AreaSearch is utilising the VIC State Government's Regional/LGA projections released in 2023, with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group from these aggregations are also applied across all areas for years 2032 to 2041. Looking at population projections moving forward, a significant population increase in the top quartile of Australia's non-metropolitan areas is forecast, with the area expected to grow by 1,803 persons to 2041 based on the latest annual ERP population numbers, recording a gain of 24.6% in total over the 17 years.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Heathcote when compared nationally
Heathcote has experienced around 42 dwellings receiving development approval per year, totalling 210 homes over the past 5 financial years. So far in FY-26, 19 approvals have been recorded. With an average of 2.6 new residents per year for each dwelling over the past 5 financial years (between FY-21 and FY-25), suggesting solid demand that supports property values, new homes are being built at an average value of $321,000. Additionally, $4.5 million in commercial approvals have been registered this financial year, reflecting the area's residential character.
Compared to the Rest of Vic., Heathcote shows moderately higher building activity (25.0% above regional average per person over the 5 year period), preserving reasonable buyer options while sustaining existing property demand, though development activity has moderated in recent periods. Furthermore, new construction has been comprised entirely of standalone homes, preserving the area's low density nature with an emphasis on detached housing attracting space-seeking buyers. With around 206 people per dwelling approval, Heathcote shows characteristics of a growth area.
Looking ahead, Heathcote is expected to grow by 1,409 residents through to 2041 (from the latest AreaSearch quarterly estimate). Construction is maintaining a reasonable pace with projected growth, although buyers could encounter growing competition as population increases.
Frequently Asked Questions - Development
Infrastructure
Heathcote has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally
Nothing can influence an area's performance as much as changes to local infrastructure, major projects, and planning initiatives. In total, 4 projects have been identified by AreaSearch that are likely to have an impact on the area. Key projects include the Heathcote Community Hub Redevelopment, Heathcote Boutique Lots (SIG Group), Axedale Solar Farm, and Strathfieldsaye Growth Area, with the list below detailing those likely to be of most relevance.
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 possesses a balanced workforce spanning white and blue collar employment, with manufacturing and industrial sectors strongly represented, an unemployment rate of 5.3%, and 0.9% in estimated employment growth over the past year. As of December 2025, 2,226 residents are in work while the unemployment rate is 1.6% above Regional Vic.'s rate of 3.7%, and workforce participation lags significantly (52.2% compared to Regional Vic.'s 61.5%). Based on Census responses, a moderate 18.3% of residents were found to work from home, though Covid-19 lockdown impacts should be considered.
Leading employment industries among residents comprise health care & social assistance, construction, and manufacturing. The area shows particularly strong specialization in mining, with an employment share of 7.4 times the regional level. Meanwhile, education & training has a limited presence with 6.5% employment compared to 9.1% regionally. The area appears to offer limited employment opportunities locally, as indicated by the count of the Census working population versus the resident population.
Based on AreaSearch analysis of SALM and ABS data, over the 12 months to December 2025, employment increased by 0.9% while the labour force increased by 1.8%, causing the unemployment rate to rise by 0.9 percentage points. This contrasts with Regional Vic., where employment contracted by 0.6%, the labour force fell by 0.7%, and unemployment fell 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 can offer further insight into potential future demand within Heathcote. These projections, covering five and ten-year periods, have been mapped against the local employment profile to estimate growth patterns. While national employment is forecast to expand by 6.6% over five years and 13.7% over ten years, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Heathcote's employment mix suggests local employment should increase by 5.8% over five years and 12.6% over ten years (please note 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 income level is lower than the national average according to the latest ATO data aggregated by AreaSearch for FY-23. The Heathcote SA2's median income among taxpayers is $48,644 and the average income stands at $59,717, compared to Regional Vic.'s figures of $50,954 and $62,728 respectively. Based on Wage Price Index growth of 8.25% since FY-23, current estimates 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 fall between the 7th and 8th percentiles nationally. The earnings profile shows the $400 - 799 earnings band captures 28.1% of the community (1,608 individuals), contrasting with regional levels where the $1,500 - 2,999 bracket leads at 30.3%. While housing costs are modest with 86.8% of income retained, the 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
Dwelling structure within Heathcote, as evaluated at the latest Census, comprised 96.4% houses and 3.6% other dwellings (semi-detached, apartments, 'other' dwellings), in comparison to Regional Vic.'s 90.1% houses and 9.9% other dwellings. Meanwhile, the level of home ownership within Heathcote was higher than that of Regional Vic., at 51.7%, with the remainder of dwellings either mortgaged (35.8%) or rented (12.5%). The median monthly mortgage repayment in the area was below the Regional Vic. average at $1,387, while the median weekly rent figure was recorded at $260, compared to Regional Vic.'s $1,430 and $285. Nationally, Heathcote's mortgage repayments are significantly lower than the Australian average of $1,863, while rents are 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 dominate at 64.1% of all households, comprising 20.5% couples with children, 34.3% couples without children, and 7.8% single parent families. Non-family households make up the remaining 35.9%, with lone person households at 32.4% and group households comprising 3.4% of the total. The median household size of 2.2 people 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 faces educational challenges, with university qualification rates (17.2%) substantially below the VIC average of 33.4%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 11.2%, followed by graduate diplomas (3.2%) and postgraduate qualifications (2.8%). Trade and technical skills feature prominently, with 42.5% of residents aged 15+ holding vocational credentials, including advanced diplomas (11.5%) and certificates (31.0%).
Educational participation is notably 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
Public transport analysis reveals 13 active transport stops operating within Heathcote. These stops are serviced by 4 individual routes, collectively providing 77 weekly passenger trips. Transport accessibility is rated as limited, with residents typically located 1982 meters from the nearest transport stop. As a primarily residential area, most residents commute outward, and the car remains the dominant mode at 95%. Vehicle ownership averages 1.7 per dwelling, which is above the regional average. Some 18.3% of residents work from home (2021 Census; may reflect COVID-19 conditions).
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 of mortality rates and chronic condition prevalence. The prevalence of common health conditions is notable across both younger and older age cohorts, and 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, while 55.4% declared themselves as 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 28.0% of residents aged 65 and over (1,603 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 was found to be below average in terms of cultural diversity, with 86.0% of its population being citizens, 88.0% born in Australia, and 96.6% speaking English only at home. The main religion in Heathcote is Christianity, which makes up 49.5% of people in Heathcote, compared to 47.3% across Regional Vic..
In terms of ancestry (country of birth of parents), the top three represented groups in Heathcote are English, comprising 32.0% of the population, Australian, comprising 30.2% of the population, and Irish, comprising 11.6% of the population. Additionally, there are notable divergences in the representation of certain other ethnic groups: Scottish is notably overrepresented at 9.4% of Heathcote (vs 8.8% regionally), Maltese at 0.7% (vs 0.5%) and German at 3.7% (vs 3.5%).
Frequently Asked Questions - Diversity
Age
Heathcote ranks among the oldest 10% of areas nationwide
The 52-year median age in Heathcote is significantly above Regional Vic.'s average of 43 and similarly well above the national norm of 38. Compared to the Regional Vic. average, the 55 - 64 cohort is notably over-represented (17.2% locally), while 15 - 24 year-olds are under-represented (7.6%). This 55 - 64 concentration is well above the national 11.2%. In the period since 2021, the 35 to 44 age group has grown from 9.2% to 11.7% of the population. Conversely, the 45 to 54 cohort has declined from 13.7% to 11.8% and the 75 to 84 group dropped from 9.9% to 8.5%. Population forecasts for 2041 indicate substantial demographic changes for Heathcote. The 45 to 54 cohort shows the strongest projected growth at 38%, adding 259 residents to reach 935. In contrast, numbers in the 55 to 64 age range are expected to fall by 1.