The size of Phillip is approximately 2.5 square kilometres. It has 58 parks covering nearly 17.2% of total area. The population of Phillip in 2011 was 2,083 people. By 2016 the population was 2,948 showing a population growth of 41.5% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phillip work in a professional occupation. In 2011, 39.8% of the homes in Phillip were owner-occupied compared with 38.2% in 2016. Currently the median sales price of houses in the area is $549,000.