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The suburb was declared a suburb in 1970 when it was separated from Acacia Ridge. Heathwood was named after an early settler in the district.
In the 2011 census, Heathwood recorded a population of 1,820 people, 50.3% female and 49.7% male. The median age of the Heathwood population was 32 years of age, 5 years below the Australian median. 54.2% of people living in Heathwood were born in Australia, compared to the national average of 69.8%; the next most common countries of birth were New Zealand 7.6%, Vietnam 5.5%, England 4.7%, India 3.2%, South Africa 2.5%. 63.3% of people spoke only English at home; the next most common languages were 9.1% Vietnamese, 3.6% Hindi, 2.5% Mandarin, 1.1% Sinhalese, 1.1% Samoan.
In the 2016 census, Heathwood had a population of 2,794 people (an increase of 974 from the 2011 census).
In the 2021 census, Heathwood had a population of 4,944 people.
History info courtesy of Wikipedia