Belmont (Vic.)

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Based on analysis of ABS population updates for the broader area, and new addresses validated by Districts since the Census the suburb of Belmont (Vic.)'s population is estimated at around 15,286 as of May 2026. This reflects an increase of 220 people (1.5%) since the 2021 Census, which reported a population of 15,066 people. The change is inferred from the resident population of 15,178, estimated by Districts following examination of the latest ERP data release by the ABS (June 2025) and an additional 122 validated new addresses since the Census date. This level of population equates to a density ratio of 1,704 persons per square kilometer, which is above the average seen across national locations assessed by Districts. Belmont's 1.5% growth since census positions it within 2.8 percentage points of the Rest of Vic. (4.3%), demonstrating competitive growth fundamentals. Population growth for the area was primarily driven by overseas migration that contributed approximately 74.0% of overall population gains during recent periods.

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Belmont has a workforce with high levels of qualification, strong representation in key service sectors, and a low unemployment rate of 3.9%, based on localized statistical data compiled by Districts. In March 2026, there were 8,047 employed residents, with the unemployment rate tracking 0.3% higher than the Regional Vic. average of 3.7%, and labour participation significantly higher than typical benchmarks, sitting at 66.7% compared to 61.1% in Regional Vic. Census data indicates that a moderate 22.3% of workers operated from home, though this figure reflects the influence of pandemic-related restrictions.

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Tax data from the ATO compiled by Districts for financial year 2023 indicates that individual earnings in Belmont align closely with nationwide averages. Taxpayers in the area recorded a median income of $52,122 and an average income of $67,413, compared to $50,954 and $62,728 respectively in Regional Vic. Adjusting these figures for a Wage Price Index increase of 9.62% since financial year 2023 yields estimated values of approximately $57,136 for the median and $73,898 for the average in March 2026. Data from the 2021 Census shows that household, family, and individual incomes in Belmont are moderate, falling between the 36th and 49th percentiles. The local income profile is dominated by the $1,500 - 2,999 range, which accounts for 32.3% of residents (4,937 people), similar to metropolitan trends where of the population falls into this bracket. Pressures on housing affordability are significant, with residents retaining only of their income, which sits in the th percentile, and the SEIFA index for income places the area in the th decile.

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At the time of the last Census, the housing stock in Belmont consisted of 78.0% detached houses and 22.0% semi-detached properties, apartments, or other dwelling types, compared to Regional Vic. where houses made up 90.1% and alternative dwellings accounted for 9.9%. The level of outright home ownership in Belmont was below the Regional Vic. baseline at 32.3%, with the remaining properties being purchased under a mortgage (31.8%) or rented (35.9%). The median monthly mortgage payment of $1,703 was higher than the Regional Vic. average of $1,430, while the median weekly rent was $350 compared to $285 in Regional Vic. On a national level, mortgage costs in Belmont are lower than the Australian average of $1,863, and weekly rents are below the national average of $375.

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Families make up 60.5% of households, consisting of couples with children at 25.0%, couples without children at 23.8%, and single parents at 10.4%. The remaining 39.5% are non-family households, which are mostly individuals living alone at 34.0%, while group households account for 5.5%. The median household size of 2.3 individuals is slightly lower than the Regional Vic. average of 2.4.

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Local levels of education in Belmont are notably higher than broader regional averages, with 34.0% of residents aged 15+ holding a university degree, compared to 21.7% in the Rest of Vic. and 27.3% in the surrounding SA3 region. This educational profile prepares the area well for industries reliant on professional knowledge. Bachelor degrees are the most common higher qualification at 21.5%, followed by postgraduate degrees at 8.6% and graduate diplomas at 3.9%. Vocational and technical training is also highly represented, with 33.5% of the population aged 15+ holding qualifications consisting of advanced diplomas (11.4%) and vocational certificates (22.1%).

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Analysis of the local transit network shows 62 active passenger stops operating within Belmont. These locations are served by 22 distinct routes, which combine to support 2,201 passenger services each week. Access to transit is favorable, with residents living an average of 236 meters from their nearest stop. Because the suburb is primarily residential, most workers travel outside the area for employment, with private cars remaining the primary choice for 90% of commuters. Households own an average of 1.2 vehicles, which is lower than the regional average. Census data from 2021 indicates that 22.3% of residents worked from home, which may reflect temporary pandemic restrictions.

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Assessments of mortality and illness rates by Districts indicate notable health difficulties in Belmont, with common medical issues present in both younger and older demographics, while the share of the population with private health insurance is slightly above the SA2 average at approximately 53% (~8,176 people) compared to 50.5% across Regional Vic.

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Cultural diversity in Belmont is generally consistent with regional averages, with citizens making up 87.0% of the population, 82.3% born in Australia, and 88.5% using only English at home. Christianity is the primary religion, followed by 41.3% of residents. The most distinct statistical difference is in Judaism, which is practiced by 0.1% of the population, matching the 0.1% share recorded across Regional Vic.

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The median age of 36 years in Belmont is notably lower than the Regional Vic. average of 43 and slightly below the Australian average of 38 years. Young adults aged 25 to 34 are highly represented at 20.5% of the population, compared to lower levels in Regional Vic., whereas the 65 to 74 age group is less common at 8.3%. The concentration of 25 to 34 year olds is also higher than the national share of 14.6%. Post-2021 Census data indicates the community has grown younger, with the median age falling 1.3 years from 37 to 36. Specifically, the 25 to 34 age bracket rose from 17.4% to 20.5% of the population, and the 35 to cohort increased from to . Meanwhile, the to cohort fell from to , and the to bracket declined from to . By demographic models project that the to cohort will increase by people () to grow from to while the numbers of residents in the to and to groups are expected to decline.

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Belmont currently has an estimated 1,054 children under 5 years old, comprising approximately 622 children aged 0-2 and 414 children aged 3-4. This cohort grew by an estimated 11% since the previous census. while population forecasts indicate future growth, with an anticipated increase of 35% by 2041 (to approximately 1,422 children). Meanwhile the 5-12 cohort currently amounts to 1,316. Recent growth has been driven by high birth rates observed in the area, with approximately 12.9 births per 1,000 residents recorded over the latest two-year period analysed which ranks the area among the top 20% of areas assessed nationally.