Belmont
Household income at the 91.3rd percentile nationally tells the first story about Belmont: this is an established, high-income suburb where 44.3% of residents hold university qualifications, 14.2 percentage points above the national figure. With 90.2% separate house coverage across 9.77 square kilometres and a median age of 39, Belmont ranks in SEIFA decile 9 on both IRSD and IRSAD, placing it among Queensland's least disadvantaged suburbs. Owner-occupiers dominate at 83.4% combined, and 59.3% of dwellings have 4 or more bedrooms, reflecting a deeply family-oriented housing base rather than an investor-driven market.
Population
4,498
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$2,431/wk
DAs (12 months)iDevelopment Applications lodged in the past year
5
Median House
$590K
Estimated from rent (2025)
The estimated median house price of $590,000 represents good value relative to income, with mortgage repayments averaging $2,167 per month and a mortgage-to-income ratio of 20.6%, below the 30% stress threshold. Separate houses account for 90.2% of dwellings, with semi-detached properties making up the remaining 9.8% and apartments negligible, so buyers face minimal competition from higher-density stock. The bedroom split strongly favours large family homes: 59.3% have 4 or more bedrooms and 37.3% have 3 bedrooms, giving buyers wide choice at that end of the market. Outright owners at 35.8% outnumber renters at 16.6%, signalling a suburb where long-term residents have paid down their debt rather than one driven by investor churn.
For Buyers
The estimated median house price of $590,000 represents good value relative to income, with mortgage repayments averaging $2,167 per month and a mortgage-to-income ratio of 20.6%, below the 30% stress threshold. Separate houses account for 90.2% of dwellings, with semi-detached properties making up the remaining 9.8% and apartments negligible, so buyers face minimal competition from higher-density stock. The bedroom split strongly favours large family homes: 59.3% have 4 or more bedrooms and 37.3% have 3 bedrooms, giving buyers wide choice at that end of the market. Outright owners at 35.8% outnumber renters at 16.6%, signalling a suburb where long-term residents have paid down their debt rather than one driven by investor churn.
For Investors
Renters make up only 16.6% of Belmont households, well below the national average, which constrains the tenant pool available to investors. Weekly rent sits at $460, and the vacancy rate of 3.6% is modestly elevated, suggesting some softness in rental demand relative to supply. Overseas migration adds 146 residents per year while net internal migration removes 146, producing a near-flat migration balance. Annual population growth is projected at 0.5%, adding around 76 people per year, so capital growth rather than rental yield or population-driven demand is the primary investment thesis. With 5 development applications lodged in the past 12 months, new supply pressure is minimal, which provides some support for existing property values.
Development Activity
Total DAs
27
Last 12 Months
5
YoY ChangeiYear-over-year change in DA lodgements
0.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 39 sits 1 year below the national figure, consistent with a family-stage suburb rather than one skewing toward retirees or young renters. Overseas-born residents account for 26.4%, 4.8 percentage points above the national average, with English ancestry leading (1,560 residents), followed by Irish (576), Scottish (500) and Chinese (256). Couples with children form the largest household type at 1,776 families, while couples without children account for 860, and the average household size of 2.9 is 0.4 above national. University qualifications at 44.3% are significantly higher than state and national averages, aligning with the professional and managerial occupation base. Volunteering participation reaches 16.5%, and only 4.7% of residents need daily assistance.
Age Distribution
Bedrooms
Dwelling Structure
90.2%
Houses
9.8%
Townhouse
N/A
Apartment
Tenure
Owner-occupancy dominates Belmont with 35.8% owning outright and 47.6% holding a mortgage, leaving just 16.6% as renters. This 83.4% owner-occupancy rate reflects the stable, established character of the suburb compared to more transient inner-city markets. The stock is almost entirely detached houses at 90.2%, with semi-detached at 9.8%. Bedroom sizes skew large: 59.3% of dwellings have 4 or more bedrooms and 37.3% have 3, with only 3.4% having 2 or fewer. At the estimated $590,000 median, the mortgage-to-income ratio sits at 20.6% and rent-to-income at 18.9%, both below stress thresholds, meaning housing costs are relatively manageable for residents at current income levels.
Mortgage / mo
$2,167
Rent / wk
$460
HH Size
2.9
Personal Income / wk
$949
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
3.6%
Unoccupied
55
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
18.9%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
20.6%
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
21.8%
Couples, no children
3,937
Total families
Economy & Employment
Healthcare is the dominant industry at 18.3% of workers (314 residents), followed by Education at 14.4% (248) and Professional/Tech at 11.2% (192), creating a knowledge-sector employment base that supports the 91.3rd-percentile household income. Construction at 9.0% reflects the suburb's ongoing development and renovation activity. By occupation, Professionals lead at 662 workers, followed by Managers (385) and Clerical/Admin (370), a profile consistent with the SEIFA IEO decile 8 score for education and occupation advantage. The unemployment rate is 4.2% and the full-time employment rate reaches 67.6%, with 1,481 residents in full-time work. Real income growth of 23.0% over the decade confirms that economic conditions have been improving faster than inflation.
Unemployment
4.2%
Labour Force
8,396
Unemployed
351
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
67.6%
Part-time
28.2%
Participation
63.3%
Employed
2,192
Occupations
Top Industries
University
44.3%
Postgraduate
11.2%
Born Overseas
26.4%
Dwellings
1,496
Transport to Work
Car dependence is high at 87.9% of commuters driving, with public transport use at only 4.5% and walking or cycling at 2.0%, typical of a lower-density outer Brisbane suburb. The IRSAD decile 9 score places Belmont in the top 20% nationally for socioeconomic advantage, and the IER decile 10 score for economic resources is the highest tier available, reflecting the strong income and wealth base of owner-occupier households. Housing stress is absent at current income levels, with mortgage-to-income at 20.6% and rent-to-income at 18.9%. No schools are recorded within the suburb boundary in this dataset, so families rely on nearby catchment schools. With 18.4% of residents moving in the five years prior to the Census, turnover is moderate, and 81.6% of residents stayed, indicating strong community attachment.
Drive
87.9%
Public Transport
4.5%
Walk / Cycle
2.0%
Work from Home
N/A
Population Forecast
+0.5%/yr
(+76 people/yr)
EstablishedBelmont's population reached approximately 15,227 in 2025, up 10.2% over the decade, and is forecast to grow at 0.5% annually to reach 15,645 by 2031. That growth rate is below the national average for suburban Queensland, classifying Belmont as a slow-growth established suburb. Overseas migration of 146 per year is the primary driver but is exactly offset by net internal outflow of 146, leaving natural increase as the residual engine. Affordability improved from 45.8% in 2011 to 43.8% in 2021, a trend better than many outer Brisbane suburbs. Rent growth of 44.6% over the period was strong, and real income growth of 23.0% over the decade confirms residents have absorbed cost increases without stress.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Overseas Migration
Net Overseas / yr
+146
Net Internal / yr
-146
Gentrification Signal
Not gentrifying
Net internal outflow -146/yr
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Belmont compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Belmont a good suburb to live in?
Belmont ranks in SEIFA decile 9 on IRSAD and IRSD, placing it among QLD's top 20% for socioeconomic advantage nationally. Household income sits in the 91.3rd percentile and university qualifications reach 44.3%, 14.2 points above national. The main trade-off is high car dependence, with 87.9% of residents commuting by car and only 4.5% using public transport.
What is the median house price in Belmont?
The estimated median house price in Belmont is $590,000 (estimated from rent data, 2025). Weekly rent averages $460 and monthly mortgage repayments average $2,167. The mortgage-to-income ratio sits at 20.6%, well below the 30% stress threshold given the suburb's 91.3rd-percentile household incomes.
What schools are in Belmont?
No schools are recorded within the Belmont QLD boundary in this dataset. Families access schools in surrounding suburbs. The local population is highly educated, with 44.3% holding university qualifications, which is 14.2 percentage points above the national figure.
Is Belmont safe?
Crime statistics are not available for Belmont QLD in this dataset. As an indirect indicator, the suburb scores decile 9 on IRSD, placing it in the top 20% nationally for low disadvantage. Only 4.7% of residents (203 people) need daily assistance, and housing stress is absent with mortgage-to-income at 20.6%.
Is Belmont good for property investment?
Rental demand is limited, with renters at just 16.6% of households compared to the national average. Weekly rent of $460 against a $590,000 median gives a low gross yield. The vacancy rate of 3.6% adds further caution. Annual population growth of 0.5% and strong income growth of 23.0% over the decade support capital growth as the primary investment rationale.
How is Belmont's population changing?
Belmont's population reached approximately 15,227 in 2025 after 10.2% growth over the decade. Annual growth is projected at 0.5%, adding around 76 persons per year to reach 15,645 by 2031. Overseas migration of 146 per year is fully offset by net internal outflow of 146, so natural increase is the main growth engine.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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