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Sales Activity
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Population
Pearce is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
Pearce's population was around 2,687 people as of August 2021. By August 2025, it had increased to approximately 2,730, reflecting a rise of 43 individuals (1.6%) since the 2021 Census. This increase is inferred from the estimated resident population of 2,698 in June 2024 and an additional 32 validated new addresses since the Census date. The population density was around 1,605 persons per square kilometer as of August 2025, above national averages assessed by AreaSearch. Overseas migration contributed approximately 61.9% of overall population gains during recent periods in Pearce.
AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and years post-2032, age group growth rates from the ACT Government's SA2 area projections were used, also based on 2022 data. According to these projections, Pearce's population is expected to decline by 175 persons by 2041. However, specific age cohorts like the 65-74 group are projected to grow, with an anticipated increase of 32 people in this age bracket over this period.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Pearce according to AreaSearch's national comparison of local real estate markets
Pearce has seen approximately 13 new homes approved annually. Development approval data is produced by the ABS on a financial year basis, totalling 66 approvals across the past five financial years from FY20 to FY25, with one recorded so far in FY26. On average, there are 1.6 new residents per year per dwelling constructed over these five financial years. This indicates a balanced supply and demand market supporting stable conditions.
New properties are constructed at an average value of $319,000. There have also been $269,000 in commercial approvals this financial year, reflecting the area's residential nature. Compared to the Australian Capital Territory, Pearce shows substantially reduced construction, 79.0% below the regional average per person. This constrained new construction typically reinforces demand and pricing for existing homes, which is also under the national average, suggesting an established market with potential planning limitations. Recent construction comprises 71.0% detached dwellings and 29.0% townhouses or apartments, maintaining the area's suburban identity with a concentration of family homes suited to buyers seeking space.
At around 462 people per approval, Pearce indicates a mature market. With population expected to remain stable or decline, Pearce should see reduced pressure on housing, potentially creating opportunities for buyers.
Frequently Asked Questions - Development
Infrastructure
Pearce has moderate levels of nearby infrastructure activity, ranking in the 45thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified one major project likely affecting this region: Mawson Group Centre Upgrade, Athllon Drive Duplication, Canberra Hospital Master Plan, Mixed-Use Complex In Mawson are key projects. The following list details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Canberra Hospital Master Plan
Long-term campus transformation for Canberra Hospital covering 2021-2041. Implementation is underway, including the new Critical Services Building (Building 5) now open, with further staged renewals and upgrades to deliver modern, connected clinical facilities across the campus.
Light Rail Stage 4 to Tuggeranong
Extension of the north-south light rail line from Woden to Tuggeranong via Mawson, aimed at creating a radial mass transit system supported by buses, cycling, walking, and private vehicle networks. The project connects major residential areas, employment zones, social centres, and cultural hubs, enhancing Canberras public transport network and supporting compact and efficient land use.
Canberra Hospital Critical Services Building (SPIRE Centre)
Australia's first fully-electric hospital building, the Canberra Hospital Critical Services Building (also known as SPIRE Centre), is an eight-storey, 45,000 square metre facility. It includes a new Emergency Department with 128 treatment spaces, a 48-bed Intensive Care Unit with two outdoor terraces, 22 operating theatres, 148 inpatient beds, cardiac catheter laboratories, and enhanced radiology and pathology services. The largest healthcare infrastructure project in ACT history, it was built by Multiplex with a 5 Star Green Star design rating, featuring innovative sustainability measures. Completed and opened August 2024.
Athllon Drive Duplication
The Athllon Drive duplication project upgrades a key arterial road from Woden to Tuggeranong. It includes duplicating 2.4 km between Sulwood Drive and Drakeford Drive, and 600 m between Hindmarsh Drive and Melrose Drive. Features encompass lane duplication, new traffic lights at multiple intersections, upgraded bus stops, active travel paths for cyclists and pedestrians, water quality improvements for Lake Tuggeranong, and a new underpass under Sulwood Drive. Enabling works commenced in 2024 and continue into 2025, with main construction anticipated to span 2-3 years post-planning approvals. The initiative enhances safety, reduces congestion, and supports public transport and future urban growth.
Deakin Private Hospital
Deakin Private Hospital offers premium and integrated inpatient, day therapy, and hospital-in-the-home services, focusing on individualised and high-quality mental health treatment. It includes a Specialised PTSD & Trauma Support Unit for military and first responders, and services such as Repetitive Transcranial Magnetic Stimulation (rTMS) for depression. The hospital also features co-located clinics and is supported by a multidisciplinary team of Psychiatrists, Medical, Nursing, and Allied Health professionals.
Mawson Group Centre Upgrade
A revitalization of the Mawson Group Centre as outlined in the Master Plan. The project aims to create a more attractive and convenient centre with a diverse range of goods, services, and transport and housing options. Key features include establishing five distinct precincts, creating a new public transport hub, and encouraging mixed-use development to boost day and night activity.
Mixed-Use Complex In Mawson
Development of 92 apartments with commercial components, designed by Oztal Architects, includes two buildings and basement parking.
Affordable Housing Project Fund
A $60 million initiative to construct 70 affordable rental homes within a 140-unit build-to-rent development, aimed at strengthening the community housing sector and enhancing the availability of affordable rentals.
Employment
Employment conditions in Pearce demonstrate strong performance, ranking among the top 35% of areas assessed nationally
Pearce has an educated workforce with 2.4% unemployment as of June 2025. Employment growth over the past year was estimated at 3%.
In Pearce, 1,450 residents are employed with a 1.0% lower unemployment rate than Australian Capital Territory's (ACT) 3.4%. Workforce participation in Pearce is 64.2%, compared to ACT's 69.6%. Key industries include public administration & safety, health care & social assistance, and professional & technical services. Healthcare & social assistance has notable concentration with employment levels at 1.3 times the regional average.
Retail trade is under-represented in Pearce, with only 4.8% of its workforce compared to ACT's 6.6%. Limited local employment opportunities are indicated by census data comparing working population to resident population. From June 2024 to June 2025, employment levels increased by 3.0%, labour force grew by 1.6%, reducing unemployment rate by 1.3 percentage points in Pearce. In contrast, ACT saw employment grow by 1.9% and unemployment fall by 0.3%. State-level data as of Sep-25 shows ACT employment contracted by 0.33% with a state unemployment rate of 4.2%, favourable compared to national rates of 4.5% and 0.26% employment growth. Jobs and Skills Australia forecasts national employment growth of 6.6% over five years and 13.7% over ten years, but industry-specific projections suggest Pearce's growth may be approximately 6.8%% over five years and 13.9% over ten years.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
Pearce has a median taxpayer income of $69,322 and an average income of $92,699 according to AreaSearch's aggregation of postcode level ATO data for the financial year 2022. This is notably high compared to national figures and contrasts with the Australian Capital Territory's median income of $68,678 and average income of $83,634. Based on a 10.78% growth in wages since the financial year 2022, current estimates suggest a median income of approximately $76,795 and an average income of $102,692 as of March 2025. Census data indicates that incomes in Pearce rank highly nationally, with household, family, and personal incomes all falling between the 86th and 92nd percentiles. Income analysis shows that 28.9% of Pearce's population (788 individuals) earn within the $4000+ income range, which differs from broader area patterns where the $1,500 - 2,999 range dominates with 34.3%. Economic strength is evident through 41.1% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. After accounting for housing costs, residents retain 86.9% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 9th decile.
Frequently Asked Questions - Income
Housing
Pearce displays a diverse mix of dwelling types, with above-average rates of outright home ownership
Pearce's dwelling structures, as per the latest Census, were 63.1% houses and 36.9% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Australian Capital Territory's 58.4% houses and 41.7% other dwellings. Home ownership in Pearce was 37.9%, with mortgaged dwellings at 36.3% and rented ones at 25.8%. The median monthly mortgage repayment was $2,383, above the Australian Capital Territory average of $2,167. Median weekly rent in Pearce was $430, compared to Australian Capital Territory's $440. Nationally, Pearce's mortgage repayments were higher than the Australian average of $1,863 and rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Pearce features high concentrations of lone person households, with a higher-than-average median household size
Family households constitute 67.6% of all households, including 32.2% couples with children, 25.1% couples without children, and 9.2% single parent families. Non-family households comprise the remaining 32.4%, with lone person households at 30.1% and group households comprising 2.4% of the total. The median household size is 2.5 people, larger than the Australian Capital Territory average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Pearce demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics
In Pearce, educational attainment exceeds broader standards with 50.0% of residents aged 15 and above holding university qualifications compared to Australia's 30.4%. This significant educational advantage prepares the area well for knowledge-based opportunities. Bachelor degrees are most common at 28.4%, followed by postgraduate qualifications (15.3%) and graduate diplomas (6.3%). Vocational pathways account for 23.9% of qualifications among those aged 15 and above – advanced diplomas (11.4%) and certificates (12.5%).
Educational participation is notably high with 30.2% of residents currently enrolled in formal education, including 9.5% in primary, 8.5% in secondary, and 6.5% pursuing tertiary education. Pearce's three schools have a combined enrollment of 2,831 students while the area shows significant socio-educational advantages and academic achievement (ICSEA: 1113). The educational mix includes one primary, one secondary, and one K-12 school. Pearce functions as an education hub with 103.7 school places per 100 residents – significantly above the regional average of 18.7 – attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Pearce has ten active public transport stops operating within its boundaries. These stops serve a mix of bus routes, totaling eleven individual routes that collectively facilitate 1,406 weekly passenger trips. Transport accessibility in Pearce is rated as good, with residents typically located approximately 220 meters from the nearest transport stop.
The service frequency averages 200 trips per day across all routes, equating to around 140 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health outcomes in Pearce are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts
Pearce's health indicators show below-average results, with common health conditions slightly more prevalent than average across both younger and older age groups. Private health cover is exceptionally high at approximately 67% of the total population (1,831 people), compared to the national average of 55.3%.
The most common medical conditions are arthritis and asthma, affecting 9.6 and 7.5% of residents respectively. 68.2% of residents claim to be completely clear of medical ailments, compared to 70.1% in Australian Capital Territory. As of the latest data (released on 3rd May 20XX), 19.3% of residents are aged 65 and over (526 people). Health outcomes among seniors are above average, performing better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Pearce was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Pearce's population showed high diversity, with 25.3% born overseas and 18.7% speaking a language other than English at home. Christianity was the predominant religion at 52.8%. Judaism, though small at 0.4%, was higher than the Australian Capital Territory average of 0.3%.
The top three ancestry groups were English (24.5%), Australian (22.5%), and Irish (11.5%). Hungarian (0.6%), Spanish (0.8%), and Croatian (1.1%) populations were notably higher in Pearce compared to regional averages of 0.3%, 0.5%, and 0.8% respectively.
Frequently Asked Questions - Diversity
Age
Pearce hosts an older demographic, ranking in the top quartile nationwide
Pearce's median age is 43 years, significantly higher than the Australian Capital Territory average of 35 and considerably older than the Australian median of 38. Compared to the ACT average, the 55-64 cohort is notably over-represented at 14.2%, while the 25-34 age group is under-represented at 9.4%. Post the 2021 Census, the 35-44 age group grew from 11.9% to 13.3%, and the 55-64 cohort increased from 12.8% to 14.2%. Conversely, the 45-54 cohort declined from 14.7% to 13.3%, and the 65-74 group dropped from 10.0% to 8.8%. By 2041, demographic modeling projects significant changes in Pearce's age profile. The 65-74 cohort is projected to grow by 11%, adding 27 residents to reach 266. Residents aged 65 and older represent all anticipated population growth, while declines are projected for the 55-64 and 75-84 cohorts.