Oakford

Population growth drivers in Oakford are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

As of Nov 2025, Oakford's population is estimated at around 3,177, reflecting an increase of 374 people since the 2021 Census. The 2021 Census reported a population of 2,803 in the suburb. This growth was inferred from AreaSearch's estimation of the resident population at 3,015 following examination of ABS ERP data released in June 2024, and an additional 71 validated new addresses since the Census date. This results in a population density ratio of 67 persons per square kilometer. Oakford's growth rate of 13.3% since the 2021 census exceeded the national average of 8.9%. Interstate migration contributed approximately 52.0% to overall population gains during recent periods, with other factors like natural growth and overseas migration also being positive contributors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 using 2022 as the base year. For areas not covered by this data and post-2032 estimations, AreaSearch utilises growth rates by age cohort provided by the ABS in its Greater Capital Region projections released in 2023 based on 2022 data. Future population dynamics anticipate above median growth for national statistical areas, with Oakford expected to increase by 498 persons to 2041, reflecting a total increase of 15.6% over the 17 years.

AreaSearch assessment of residential development activity positions Oakford among the top 25% of areas assessed nationwide

AreaSearch analysis shows Oakford had approximately 14 residential properties approved annually. Between financial years FY-21 and FY-25, around 74 homes were approved, with 17 more in FY-26 so far. On average, each dwelling constructed attracted about 4.9 new residents yearly over the past five financial years.

This suggests supply is lagging demand, potentially leading to heightened buyer competition and pricing pressures. New properties are being constructed at an average cost of $423,000. In FY-26, there have been $624,000 in commercial development approvals, indicating the area's residential focus. Compared to Greater Perth, Oakford has significantly less development activity, 64.0% below the regional average per person.

This limited new construction usually reinforces demand and pricing for existing properties. Recent building activity consists solely of detached houses, preserving Oakford's low-density nature and attracting space-seeking buyers, with around 135 people per approval. AreaSearch estimates Oakford will grow by 497 residents by 2041. Current construction levels should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Oakford has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified nine projects likely to impact the region. Notable ones are "Provision Of Regional-Level Sporting Facilities In Growth Areas Perth And Peel", "Wungong Urban", "The Glades Estate", and "Ranford Road Station". The following list details those most relevant.

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 Oakford rank among the top 10% of areas assessed nationally

Oakford has a diverse workforce with both white and blue collar jobs. Its construction sector is prominent, with an unemployment rate of 1.6% and estimated employment growth of 3.9% in the past year.

As of June 2025, 1,864 residents are employed, with an unemployment rate of 2.3%, lower than Greater Perth's 3.9%. Workforce participation is 68.3%, compared to Greater Perth's 65.2%. Key employment industries include construction, health care & social assistance, and manufacturing. Construction stands out with employment levels at 1.5 times the regional average.

Health care & social assistance has limited presence at 9.2% compared to the regional 14.8%. The area offers limited local employment opportunities. In the year ending June 2025, employment increased by 3.9%, labour force by 3.8%, reducing unemployment by 0.1 percentage points. Greater Perth saw employment growth of 3.7% and labour force growth of 3.8%, with a slight rise in unemployment. Jobs and Skills Australia's national employment forecasts from Sep-22 project total employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Oakford's industry mix suggests local employment could increase by 5.6% over five years and 12.0% over ten years, though this is a simplified extrapolation for illustrative purposes only.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows that income in Oakford is above average nationally. The median income is $57,232 and the average income stands at $72,157. In Greater Perth, the median income is $58,380 and the average income is $78,020. Based on Wage Price Index growth of 14.2% since financial year 2022, current estimates for Oakford would be approximately $65,359 (median) and $82,403 (average) as of September 2025. Census data reveals that household incomes rank at the 89th percentile ($2,451 weekly), while personal income ranks at the 55th percentile. The predominant income cohort spans 29.7% of locals (943 people) in the $1,500 - 2,999 category, consistent with broader trends across the region showing 32.0% in the same category. A substantial proportion of high earners, at 38.9%, indicates strong economic capacity throughout the area. Housing accounts for 15.0% of income, and residents rank within the 89th percentile for disposable income. The area's SEIFA income ranking places it in the 7th decile.

Oakford is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

As per the latest Census evaluation in Oakford, 98.5% of dwellings were houses with the remaining 1.5% being semi-detached, apartments, or other types. This compares to Perth metro's 97.8% houses and 2.2% other dwellings. Home ownership in Oakford stood at 34.6%, with mortgaged dwellings at 60.2% and rented ones at 5.1%. The median monthly mortgage repayment was $2,500, higher than Perth metro's average of $1,971. Median weekly rent in Oakford was $400 compared to Perth metro's $380. Nationally, Oakford's mortgage repayments exceeded the Australian average of $1,863 while rents were higher than the national figure of $375.

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

Family households constitute 88.8% of all households, including 49.6% couples with children, 30.9% couples without children, and 7.4% single parent families. Non-family households account for 11.2%, comprising 10.0% lone person households and 1.8% group households. The median household size is 3.2 people, larger than the Greater Perth average of 3.0.

Oakford shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's university qualification rate is 15.9%, significantly lower than Australia's average of 30.4%. Bachelor degrees are the most common at 11.4%, followed by postgraduate qualifications (2.4%) and graduate diplomas (2.1%). Vocational credentials are prevalent, with 43.0% of residents aged 15+ holding them, including advanced diplomas (10.3%) and certificates (32.7%). Educational participation is high at 29.3%, with 10.6% in secondary education, 9.6% in primary education, and 3.5% pursuing tertiary education.

Schools appear to be located outside the immediate catchment boundaries, requiring residents to access them in neighboring areas.

No public transport data available for this catchment area.

The level of general health in Oakford is notably higher than the national average with prevalence of common health conditions low among the general population and nearer the nation's average across older, at risk cohorts

Oakford shows better-than-average health outcomes with a lower prevalence of common conditions among its general population, nearing national averages for older at-risk cohorts.

Approximately 56% (~1,774 people) have private health cover, a rate significantly higher than the average. The most prevalent medical conditions are arthritis and asthma, affecting 7.8% and 7.8% of residents respectively. Notably, 70.3% of residents report no medical ailments, slightly lower than Greater Perth's 72.5%. Oakford has a larger senior population at 14.8% (470 people), compared to Greater Perth's 11.1%. Despite this, health outcomes among seniors are above average and require more attention than the broader population.

Oakford ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Oakford had a cultural diversity level below average, with 78.6% of its population born in Australia, 92.5% being citizens, and 93.5% speaking English only at home. The dominant religion was Christianity, accounting for 49.5% of Oakford's population, compared to 41.0% across Greater Perth. In terms of ancestry, the top three groups were English (33.0%), Australian (29.5%), and Scottish (6.1%).

Notably, Dutch (3.4%) was overrepresented in Oakford compared to regional figures. South African (1.1%) and French (0.7%) groups also showed notable divergences from regional representation.

Oakford hosts an older demographic, ranking in the top quartile nationwide

The median age in Oakford is 42 years, significantly higher than Greater Perth's average of 37 years and Australia's national average of 38 years. The 55-64 age group constitutes 16.8% of Oakford's population, compared to Greater Perth's percentage, while the 25-34 cohort makes up 7.0%. This concentration in the 55-64 age group is notably higher than Australia's national average of 11.2%. Post-2021 Census data reveals that the 75-84 age group has increased from 3.7% to 4.9%, while the 45-54 cohort has decreased from 15.9% to 14.1%, and the 25-34 group has dropped from 8.1% to 7.0%. Population forecasts for 2041 suggest substantial demographic changes in Oakford, with the 75-84 age group expected to grow by 75%, reaching 272 people from its current figure of 155. Conversely, the 35-44 and 0-4 age cohorts are projected to experience population declines.