Lakelands (WA)

Lakelands lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

The population of the Lakelands (WA) statistical area (Lv2), as estimated by AreaSearch, was around 8,292 as of November 2025. This figure represents a growth of 34.4% since the 2021 Census, which reported a population of 6,171 people in the area. The increase is inferred from an estimated resident population of 7,639, based on AreaSearch's examination of the latest ERP data release by the ABS (June 2024), and an additional 1,056 validated new addresses since the Census date. This results in a population density ratio of approximately 1,181 persons per square kilometer, which is comparable to averages seen across other locations assessed by AreaSearch. The Lakelands (WA) (SA2)'s growth rate exceeded both national (9.7%) and state averages, marking it as a region with significant population growth. Interstate migration contributed approximately 67.0% of overall population gains during recent periods in the area.

However, all drivers including overseas migration and natural growth were positive factors contributing to this growth. AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises the growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections (released in 2023, based on 2022 data) to estimate growth across all areas post-2032. Considering these projected demographic shifts, an above median population growth is expected for statistical areas analysed by AreaSearch. The Lakelands (WA) (SA2) is projected to expand by 1,421 persons to reach a total of 9,713 people by the year 2041, reflecting an increase of approximately 5.4% over the 17-year period.

The level of residential development activity in Lakelands was found to be higher than 90% of real estate markets across the country

AreaSearch analysis of ABS building approval numbers indicates Lakelands recorded approximately 216 residential properties approved annually, with an estimated total of 1,084 homes approved between financial years FY-21 and FY-25. As of FY-26179 dwellings have been approved. Over the past five financial years, on average, 1.2 people moved to the area per dwelling built.

This suggests a balance between supply and demand, maintaining stable market conditions. The average construction value for new homes is $401,000, indicating developers focus on premium market segments with high-end developments. In FY-26, commercial approvals reached $41.8 million, reflecting robust local business investment. Compared to Greater Perth, Lakelands has 174.0% more new home approvals per capita, providing buyers ample choice and demonstrating strong developer confidence in the area. Recent construction comprises 99.0% detached dwellings and 1.0% townhouses or apartments, preserving Lakelands' suburban character with a focus on family homes.

With around 26 people per dwelling approval, Lakelands exhibits growth area characteristics. According to AreaSearch's latest quarterly estimate, Lakelands is projected to add 449 residents by 2041. Current construction levels should meet demand adequately, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Lakelands has emerging levels of nearby infrastructure activity, ranking in the 34thth percentile nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified seven projects potentially impacting this region. Notable ones are Lakelands Estate, Black Swan Lake Estate (Ocean Hill, Lakelands), and Lakelands Shopping Centre (Lakelands Town Centre). The following list details those most relevant.

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Employment conditions in Lakelands demonstrate exceptional strength compared to most Australian markets

Lakelands has a diverse workforce with both white and blue collar jobs, prominently featuring manufacturing and industrial sectors. Its unemployment rate is 2.8%, lower than the national average.

Over the past year, employment grew by an estimated 9.6%. As of September 2025, 3,650 residents are employed, with an unemployment rate of 1.2% below Greater Perth's rate of 4.0%. The dominant sectors include health care & social assistance, mining, and retail trade. Lakelands has a significant employment specialization in mining, with a share 1.6 times the regional level.

However, professional & technical jobs are under-represented at 3.1%, compared to Greater Perth's 8.2%. Between September 2024 and September 2025, employment increased by 9.6% while labour force grew by 9.7%, resulting in a slight increase in unemployment. In contrast, Greater Perth saw employment rise by 2.9%. State-wide, WA employment contracted by 0.27% between November 2024 and November 2025, with an unemployment rate of 4.6%. National forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Lakelands' employment mix suggests local employment should increase by 5.7% over five years and 12.5% over ten years, though this is a simplified extrapolation for illustrative purposes only.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

Lakelands suburb has a median taxpayer income of $53,666 and an average of $72,311 based on latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is higher than national averages, with Greater Perth's median income being $60,748 and average income at $80,248. According to Wage Price Index growth of 9.62% since financial year 2023, estimated incomes for September 2025 would be approximately $58,829 (median) and $79,267 (average). Census data from 2021 shows household, family, and personal incomes in Lakelands are around the 50th percentile nationally. Income analysis reveals that 34.3% of residents earn between $1,500 to $2,999 weekly, which is similar to the metropolitan region's 32.0%. High housing costs consume 17.1% of income, but strong earnings place disposable income at the 52nd percentile nationally. Lakelands' SEIFA income ranking places it in the 4th decile.

Lakelands is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

The dwelling structure in Lakelands, as per the latest Census, consisted of 99.7% houses and 0.3% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Perth metro's 85.0% houses and 15.0% other dwellings. Home ownership in Lakelands was at 20.6%, with mortgaged dwellings at 55.9% and rented ones at 23.5%. The median monthly mortgage repayment in the area was $1,750, while the median weekly rent was $350. Nationally, Lakelands's mortgage repayments were lower than the Australian average of $1,863, with rents being less than the national figure of $375.

Lakelands features high concentrations of family households, with a higher-than-average median household size

Family households account for 79.7% of all households, including 38.2% couples with children, 26.3% couples without children, and 14.7% single parent families. Non-family households constitute the remaining 20.3%, with lone person households at 18.1% and group households comprising 2.2%. The median household size is 2.8 people, which is larger than the Greater Perth average of 2.4.

Educational attainment in Lakelands aligns closely with national averages, showing typical qualification patterns and performance metrics

The area has educational challenges, with university qualification rates at 16.3%, significantly lower than the Australian average of 30.4%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are most common at 11.9%, followed by postgraduate qualifications (2.5%) and graduate diplomas (1.9%). Trade and technical skills are prominent, with 45.3% of residents aged 15+ holding vocational credentials – advanced diplomas at 11.1% and certificates at 34.2%.

Educational participation is notably high, with 33.7% of residents currently enrolled in formal education. This includes 14.1% in primary education, 9.4% in secondary education, and 3.6% pursuing tertiary education.

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

The analysis of public transport in Lakelands shows that there are 43 active transport stops operating. These include a mix of train and bus services. The stops are served by 8 individual routes which together provide 1,967 weekly passenger trips.

Transport accessibility is rated as good with residents typically located 235 meters from the nearest stop. Service frequency averages 281 trips per day across all routes, resulting in approximately 45 weekly trips per individual stop.

Lakelands's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Lakelands' health data shows favourable results with low prevalence of common conditions among its general population, but higher than national averages for older, at-risk groups.

Approximately 56% (~4,636 people) have private health cover, the highest rate recorded. The most prevalent medical issues are mental health concerns and asthma, affecting 8.5% and 8.4% of residents respectively. 70.9% reported no medical ailments, compared to 63.6% in Greater Perth. Lakelands has 14.5% (1,202 people) aged 65 and over, lower than Greater Perth's 27.5%. While health outcomes for seniors require more attention, they present the main challenges in the area.

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

Lakelands was found to be more culturally diverse than most local markets, with 12.2% of its population speaking a language other than English at home and 32.9% born overseas. The predominant religion in Lakelands is Christianity, comprising 43.3% of the population. Notably, Judaism is overrepresented in Lakelands at 0.1%, compared to 0.0% across Greater Perth.

Regarding ancestry, the top three groups are English (32.6%), Australian (25.4%), and Other (7.3%). Some ethnic groups have notable differences: Maori are overrepresented at 2.7% in Lakelands (vs 1.2% regionally), South African at 1.4% (vs 0.8%), and New Zealand at 1.1% (vs 1.0%).

Lakelands hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Lakelands's median age is 32 years, which is younger than Greater Perth's average of 37 years and lower than Australia's national average of 38 years. Compared to Greater Perth, Lakelands has a higher proportion of residents aged 5-14 (16.7%) but fewer residents aged 55-64 (7.9%). Post-2021 Census data shows that the 75-84 age group has increased from 5.0% to 6.1% of Lakelands' population, while the 5-14 cohort has decreased from 17.7% to 16.7%. By 2041, demographic modeling suggests that Lakelands' age profile will change significantly. The 75-84 cohort is projected to grow by 64%, adding 326 residents to reach a total of 832. Residents aged 65 and older are expected to represent 66% of the population growth, while the 0-4 and 5-14 cohorts are projected to decline in population.