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 2,687 as of May 2021. By May 2026, it had increased to around 2,713 people, reflecting a rise of 26 individuals (1.0%) since the census. This increase is inferred from ABS estimates and validated new addresses between June 2025 and May 2021. The population density was 1,595 persons per square kilometer, higher than average national locations assessed by AreaSearch. Overseas migration contributed approximately 64.1% 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, ACT Government's SA2 area projections with a 2022 base are adopted. Projections indicate a decline in overall population by 162 persons to 2041, but growth is expected in specific age cohorts, particularly the 65 to 74 age group, which is projected to increase by 30 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 per year over the past five financial years, totalling 48 homes. In FY26 so far, 5 approvals have been recorded. On average, 1.6 new residents arrive per new home annually between FY21 and FY25. The average construction value of new properties is $319,000.

This financial year has seen $269,000 in commercial approvals, indicating limited commercial development activity. Compared to the Australian Capital Territory, Pearce has significantly less development activity, 78.0% below the regional average per person. The area's limited new supply generally supports stronger demand and values for established dwellings. New development consists of 71.0% detached houses and 29.0% townhouses or apartments, preserving the area's suburban nature. Pearce has approximately 462 people per dwelling approval, reflecting an established area with stable or declining population forecasts, potentially creating favourable conditions for buyers.

Given stable or declining population forecasts, Pearce may experience less housing pressure, creating favourable conditions for buyers.

Pearce has emerging levels of nearby infrastructure activity, ranking in the 37thth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified one major project likely affecting this region. Key projects include Mawson Group Centre Upgrade, Woden Town Square Precinct Redevelopment, Athllon Drive Duplication, and Canberra Hospital Master Plan. Relevant details are listed below.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

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

Pearce has an educated workforce with essential services well represented. The unemployment rate was 2.5% in the past year, with estimated employment growth of 1.5%. As of December 2025, 1,428 residents were employed, and the unemployment rate was 1.4% lower than the Australian Capital Territory's rate of 3.8%.

Workforce participation was at 64.9%, compared to the Australian Capital Territory's 70.5%. According to Census responses, 13.9% of residents worked from home. Key industries include public administration & safety, health care & social assistance, and professional & technical services. Pearce has a specialization in health care & social assistance, with an employment share 1.3 times the regional level.

Retail trade is under-represented, at 4.8% compared to the Australian Capital Territory's 6.6%. Limited local employment opportunities are indicated by the working population versus resident population count. Over a 12-month period ending in May-25, employment increased by 1.5%, labour force by 1.0%, and unemployment rate fell by 0.4 percentage points. National employment forecasts project growth of 6.6% over five years and 13.9% over ten years for Pearce, using industry-specific projections applied to its employment mix.

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

The median taxpayer income in Pearce SA2 was $71,968 according to postcode level ATO data aggregated by AreaSearch for financial year 2023. The average income was $92,748. These figures were among the highest in Australia, contrasting with the Australian Capital Territory's median income of $72,206 and average income of $85,981. Based on Wage Price Index growth of 10.44% since financial year 2023, current estimates would be approximately $79,481 (median) and $102,431 (average) as of March 2026. According to the 2021 Census, household, family, and personal incomes in Pearce ranked highly nationally, between the 86th and 92nd percentiles. Distribution data showed that 28.9% of locals (784 people) fell into the $4000+ category, differing from patterns across the surrounding region where the $1,500 - 2,999 range dominated with 34.3%. Economic strength was evident through 41.1% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retained 86.9% of their income, reflecting 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

In Pearce, as per the latest Census evaluation, 63.1% of dwellings were houses with the remaining 36.9% being other types such as semi-detached homes and apartments. This is comparable to the Australian Capital Territory's figures of 63.3% houses and 36.7% other dwellings. Home ownership in Pearce stood at 37.9%, with mortgaged properties at 36.3% and rented dwellings at 25.8%. The median monthly mortgage repayment in the area was $2,383, higher than the Australian Capital Territory average of $2,080. The median weekly rent figure in Pearce was recorded as $430, compared to the Australian Capital Territory's $450. Nationally, Pearce's median monthly mortgage repayments were significantly higher at $2,383 compared to the Australian average of $1,863, and rents were substantially above the national figure of $375.

Pearce features high concentrations of lone person households, with a fairly typical 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 account for the remaining 32.4%, with lone person households at 30.1% and group households comprising 2.4%. The median household size is 2.5 people, which aligns with the Australian Capital Territory average.

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's residents aged 15+ have a higher university qualification rate of 50.0%, surpassing Australia's average of 30.4%. This gives Pearce an educational advantage for knowledge-based opportunities. Bachelor degrees are the most common (28.4%), followed by postgraduate qualifications (15.3%) and graduate diplomas (6.3%). Vocational pathways account for 23.9%, with advanced diplomas at 11.4% and certificates at 12.5%.

Educational participation is high, 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 nine active public transport stops, all of which are bus stops. These stops are served by 39 different routes that together facilitate 2001 weekly passenger trips. The area's transport accessibility is deemed good, with residents typically residing 221 meters from the nearest stop. As a predominantly residential zone, most inhabitants commute outward. Cars remain the primary mode of transportation, used by 86% of residents, while buses are employed by 8%. On average, there are 1.4 vehicles per dwelling.

According to the 2021 Census, 13.9% of residents work from home, a figure that may be influenced by COVID-19 conditions. Across all routes, service frequency averages 285 trips per day, equating to approximately 222 weekly trips per individual stop.

Pearce's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Analysis shows strong health metrics in Pearce. Mortality rates and chronic condition prevalence were low, particularly among younger cohorts. Private health cover was high at approximately 67%, compared to 62.4% in Australian Capital Territory (ACT) and 55.7% nationally.

The most common conditions were arthritis (9.6%) and asthma (7.5%), with 68.2% of residents reporting no medical ailments, compared to 70.2% in ACT. Health outcomes among working-age residents were typical. Pearce had 19.2% seniors (aged 65 and over), higher than ACT's 14.3%. Senior health outcomes were above average but ranked lower nationally than the broader population.

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 was found to be more culturally diverse 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, making up 52.8% of its population. However, Judaism was notably overrepresented at 0.4%, compared to the Australian Capital Territory's 0.2%.

The top three ancestry groups were English (24.5%), Australian (22.5%), and Irish (11.5%). Some ethnic groups showed significant divergences in representation: Hungarian at 0.6% vs regional 0.3%, Spanish at 0.8% vs regional 0.5%, and Croatian at 1.1% vs regional 0.9%.

Pearce's median age exceeds the national pattern

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 15.0%, while the 25-34 age group is under-represented at 9.5%. Post-2021 Census, the 55 to 64 age group grew from 12.8% to 15.0%, and the 15 to 24 cohort increased from 12.4% to 13.8%. Conversely, the 45 to 54 cohort declined from 14.7% to 13.2%, and the 5 to 14 group dropped from 12.9% to 11.5%. By 2041, demographic modeling suggests Pearce's age profile will significantly change. The 65 to 74 cohort is projected to grow by 9%, adding 22 residents to reach 257. Residents aged 65 and older represent 100% of anticipated growth, while population declines are projected for the 55 to 64 and 75 to 84 cohorts.