Pearce

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 approximately 2,687 as of the 2021 Census. By November 2025, it had increased to around 2,730 people, a rise of 43 individuals (1.6%). This growth can be inferred from ABS data showing an estimated resident population of 2,698 in June 2024 and the addition of 32 validated new addresses since the Census date. This results in a population density of 1,605 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Overseas migration contributed approximately 61.9% of overall population gains during recent periods.

AreaSearch uses 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 are adopted, also based on 2022. Projected demographic shifts indicate an overall population decline by 175 persons in Pearce by 2041. However, specific age cohorts like the 65 to 74 group are expected to grow, with a projected increase of 32 people.

Residential development activity is lower than average in Pearce according to AreaSearch's national comparison of local real estate markets

Pearce has recorded approximately 9 residential properties granted approval annually over the past five financial years, totalling 48 homes. As of FY26, 5 approvals have been recorded. On average, 1.6 new residents arrive per year for each new home constructed between FY21 and FY25, indicating balanced supply and demand dynamics. The average construction value of new properties is $319,000, slightly above the regional average, suggesting a focus on quality developments.

In FY26, $269,000 in commercial approvals have been registered, reflecting minimal commercial development activity. Compared to the Australian Capital Territory, Pearce has significantly less development activity, 78.0% below the regional average per person. This limited new supply generally supports stronger demand and values for established dwellings. Development activity is also under the national average, indicating the area's established nature and suggesting potential planning limitations. New development consists of 71.0% detached houses and 29.0% townhouses or apartments, preserving the area's suburban character with a focus on detached housing attracting space-seeking buyers.

The location has approximately 462 people per dwelling approval, reflecting an established area. Given stable or declining population forecasts, Pearce may experience less housing pressure in the future, creating favourable conditions for buyers.

Pearce has emerging levels of nearby infrastructure activity, ranking in the 24thth percentile nationally

Infrastructure changes significantly influence an area's performance. AreaSearch has identified one major project likely impacting the area: Mawson Group Centre Upgrade, Woden Town Square Precinct Redevelopment, Athllon Drive Duplication, and Canberra Hospital Master Plan are key projects. The following details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Pearce demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Pearce has an educated workforce with significant representation in essential services sectors. Its unemployment rate is 2.4%, with estimated employment growth of 2.0% over the past year as of September 2025.

At this time, 1,427 residents are employed while the unemployment rate is 1.2% lower than the Australian Capital Territory's (ACT) rate of 3.6%. Workforce participation in Pearce is at 64.2%, compared to ACT's 69.6%. Key industries employing residents include public administration & safety, health care & social assistance, and professional & technical services. Health care & social assistance is particularly specialized, with an employment share 1.3 times the regional level.

Retail trade, however, is under-represented at 4.8% compared to ACT's 6.6%. The predominantly residential area offers limited local employment opportunities, as indicated by Census data on working population versus resident population. Over a 12-month period ending in September 2025, employment increased by 2.0%, while labour force grew by 1.0%, causing the unemployment rate to fall by 1.0 percentage points. In contrast, ACT experienced employment growth of 1.4% and labour force growth of 1.2%, with a 0.2 percentage point drop in unemployment. As of 25-Nov-25, ACT's employment grew by 1.19% year-on-year, adding 710 jobs, with the state unemployment rate at 4.5%. National employment forecasts from May-25 project growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Pearce's employment mix suggests local employment should increase by 6.8% over five years and 13.9% over ten years, based on a simple weighting extrapolation for illustrative purposes.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

Pearce SA2 had a median taxpayer income of $69,322 and an average of $92,699 in financial year 2022. This was among the highest in Australia, compared to the Australian Capital Territory's median income of $68,678 and average income of $83,634. By September 2025, estimates based on Wage Price Index growth of 13.6% suggest a median income of approximately $78,750 and an average income of $105,306 in Pearce SA2. According to the 2021 Census, incomes in Pearce ranked highly nationally, between the 86th and 92nd percentiles for households, families, and individuals. Income distribution showed that 28.9% of locals (788 people) earned $4000 or more, differing from surrounding regions where the dominant category was $1,500 - 2,999 with 34.3%. Economic strength was evident with 41.1% of households earning high weekly incomes exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retained 86.9% of their income, indicating strong purchasing power. The area's SEIFA income ranking placed it in the 9th decile.

Pearce displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Pearce's dwelling structure, as per the latest Census, consisted of 63.1% houses and 36.9% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Australian Capital Territory had 58.4% houses and 41.7% other dwellings. Home ownership in Pearce was at 37.9%, with the rest being mortgaged (36.3%) or rented (25.8%). The median monthly mortgage repayment in Pearce was $2,383, higher than Australian Capital Territory's average of $2,167. The median weekly rent figure for Pearce was $430, compared to Australian Capital Territory's $440. Nationally, Pearce's mortgage repayments were significantly higher at $2,383 compared to the Australian average of $1,863, while rents were substantially higher at $430 compared to the national figure of $375.

Pearce features high concentrations of lone person households, with a higher-than-average median household size

Family households account for 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 constitute 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, which is larger than the Australian Capital Territory average of 2.4.

Pearce demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

Pearce has a notably high educational attainment, with 50% of residents aged 15 and above holding university qualifications compared to the national average of 30.4%. This educational advantage is evident in various qualification types: 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, with advanced diplomas making up 11.4% and certificates 12.5%. Educational participation is high in Pearce, with 30.2% of residents currently enrolled in formal education.

This includes 9.5% in primary education, 8.5% in secondary education, and 6.5% pursuing tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Pearce has 10 active public transport stops, all of which are bus stops. These stops are served by 11 different routes that together facilitate 1,406 weekly passenger trips. The accessibility of transport in Pearce is rated as good, with residents on average located 220 meters from the nearest stop.

Across all routes, there are an average of 200 trips per day, which equates to approximately 140 weekly trips per individual stop.

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 report being completely clear of medical ailments, compared to 70.1% across the Australian Capital Territory. As of 2021, 19.3% of residents are aged 65 and over (526 people). Health outcomes among seniors in Pearce are above average, performing better than the general population in health metrics.

The level of cultural diversity witnessed in Pearce was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Pearce's population showed higher cultural diversity than most local markets, with 25.3% born overseas and 18.7% speaking a language other than English at home. Christianity was the predominant religion in Pearce, accounting for 52.8%. However, Judaism was slightly overrepresented at 0.4%, compared to 0.3% in Australian Capital Territory.

The top three ancestry groups were English (24.5%), Australian (22.5%), and Irish (11.5%). Some ethnic groups had notable differences: Hungarian was overrepresented at 0.6% (vs regional 0.3%), Spanish at 0.8% (vs 0.5%), and Croatian at 1.1% (vs 0.8%).

Pearce's median age exceeds the national pattern

Pearce's median age is 43 years, which is significantly higher than the Australian Capital Territory average of 35 and considerably older than the Australian median of 38. Compared to the Australian Capital Territory average, the 55-64 cohort is notably over-represented at 14.2%, while the 25-34 year-olds are under-represented at 9.4%. According to the 2021 Census, the 35-44 age group has grown from 11.9% to 13.3% of the population, and the 55-64 cohort has increased from 12.8% to 14.2%. Conversely, the 45-54 cohort has declined from 14.7% to 13.3%, and the 65-74 group has dropped from 10.0% to 8.8%. Demographic modeling suggests that Pearce's age profile will evolve significantly by 2041, with the 65-74 cohort projected to grow by 11%, adding 27 residents to reach 266. Residents aged 65 and older represent 100% of anticipated growth, while population declines are projected for the 55-64 and 75-84 cohorts.