In 1996, Point Cook was basically a rural community, with the RAAF Williams Base. Point Cook’s population in 1996 was approximately 580, of whom 552 lived on the RAAF base. By 2001, Point Cook’s population had increased to 1737, and by August 2006 the population of Point Cook was 14,162 as per the 2006 Australian Census. Today Point Cook is one of the major growth regions in Melbourne's western suburbs.
It is predicted that the population of Point Cook will increase to 29,263 by 2011 & 41,474 by 2016.[When taking into account the Melbourne 2030 Plan's current Urban growth boundary, it is believed that Point Cook’s population will peak at approximately 60,000 by the late 2020s.
The new Ponit Cook Town Centre has been constructed on the corner of Dunnings Road and Boardwalk Boulevard, with the development including a main street retail and commercial town centre, up to 135 specialty shops, as well as Coles, Aldi , Target, Harris Scarfe, Dick Smith Electronics, Growers Fresh, Pharmacy Select and Reject-Shop outlets. There is also a food court which seats over 400 people. Stage 1 had a grand opening on August 21, 2008 with Stage 2 opening at the end of November 2009. Opening in 2010 will be Victoria's largest Dan Murphys store.