Parkerville

An assessment of population growth drivers in Parkerville reveals an overall ranking slightly below national averages considering recent, and medium term trends

Parkerville's population is estimated at 2,564 as of Feb 2026. This reflects an increase from the 2021 Census figure of 2,432 people. The suburb had a resident population of 2,524 in Jun 2024, with an additional validated new address since the Census date. This results in a population density ratio of 134 persons per square kilometer. Overseas migration contributed approximately 41.0% to Parkerville's recent population growth, although all drivers including interstate migration and natural growth were positive factors.

AreaSearch uses 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 ABS Greater Capital Region projections released in 2023 based on 2022 data. Future population growth is expected to be just below the median for statistical areas analysed by AreaSearch, with Parkerville projected to grow by 278 persons to 2041, reflecting an increase of 11.2% over the 17-year period.

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

AreaSearch analysis of ABS building approval numbers shows Parkerville had virtually no dwelling approvals in recent years. Specifically, there were an estimated 4 homes approved between FY21 and FY25, with another 1 approved so far in FY26.

This low supply is coupled with high demand, averaging 32.5 people moving to the area per dwelling built over the past five financial years. New dwellings are developed at an average cost of $629,000, indicating a focus on the premium market segment. Compared to Greater Perth, Parkerville has significantly lower building activity, being 93.0% below the regional average per person. This scarcity typically strengthens demand and prices for existing properties. However, there has been an acceleration in building activity in recent years. The area's population density is estimated at 1712 people per dwelling approval, reflecting its quiet, low activity development environment with a focus on detached houses maintaining the traditional low-density character.

Parkerville has limited levels of nearby infrastructure activity, ranking in the 19thth percentile nationally

No changes can significantly affect a region's performance like modifications to local infrastructure, major projects, and planning initiatives. AreaSearch has identified zero projects that are expected to impact this area. Notable projects include EastLink WA, City of Swan Water and Wastewater Upgrades, METRONET, and METRONET High Capacity Signalling Program. The following list outlines those anticipated to be most relevant.

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The exceptional employment performance in Parkerville places it among Australia's strongest labour markets

Parkerville has a skilled workforce with essential services sectors well represented. The unemployment rate was 0.9% in the past year, with an estimated employment growth of 1.9%. As of September 2025, 1,581 residents were employed, with an unemployment rate of 3.1%, below Greater Perth's rate of 4.0%.

Workforce participation was 76.8%, higher than Greater Perth's 71.6%. According to Census responses, 10.8% of residents worked from home. Employment is concentrated in construction, education & training, and health care & social assistance. Public administration & safety has notable concentration with employment levels at 1.4 times the regional average.

However, health care & social assistance employs only 10.5% of local workers, below Greater Perth's 14.8%. The area offers limited local employment opportunities. Between September 2024 and September 2025, employment increased by 1.9%, while labour force increased by 1.9%, keeping the unemployment rate stable at 3.1%. In contrast, Greater Perth had employment growth of 2.9% and labour force growth of 3.0%. National employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Parkerville's employment mix suggests local employment should increase by 5.8% over five years and 12.5% over ten years, based on simple weighting extrapolation for illustrative purposes.

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 2023 shows that Parkerville has high income levels nationally. The median income is $64,464 and the average is $84,180. This compares to Greater Perth's median of $60,748 and average of $80,248. Based on Wage Price Index growth since financial year 2023, current estimates for Parkerville are approximately $70,665 (median) and $92,278 (average) as of September 2025. Census data shows household incomes rank at the 87th percentile ($2,383 weekly). Income analysis reveals that 33.4% of Parkerville residents earn between $1,500 - 2,999 per week (856 individuals), similar to the surrounding region where 32.0% fall into this bracket. The suburb demonstrates affluence with 37.5% earning over $3,000 weekly, supporting premium retail and services. After housing costs, residents retain 87.1% of income, reflecting strong purchasing power. Parkerville's SEIFA income ranking places it in the 7th decile.

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

Parkerville's dwellings, as per the latest Census data, were entirely composed of houses with no other dwelling types present. This is distinct from Perth metro's mix of 77.8% houses and 22.1% other dwellings. Home ownership in Parkerville stood at 33.1%, with mortgaged dwellings at 59.6% and rented ones at 7.3%. The median monthly mortgage repayment was $2,015, exceeding Perth metro's average of $1,907. Median weekly rent in Parkerville was recorded as $425, higher than Perth metro's $350. Nationally, Parkerville's mortgage repayments surpassed the Australian average of $1,863, and rents were substantially above the national figure of $375.

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

Family households account for 84.1% of all households, including 44.4% that are couples with children, 30.6% that are couples without children, and 8.3% that are single parent families. Non-family households make up the remaining 15.9%, with lone person households at 14.2% and group households comprising 1.4%. The median household size is 2.9 people, which is larger than the Greater Perth average of 2.6.

The educational profile of Parkerville exceeds national averages, with above-average qualification levels and academic performance metrics

Parkerville's educational qualifications trail regional benchmarks, with 24.0% of residents aged 15+ holding university degrees compared to Australia's 30.4%. This gap suggests potential for educational development and skills enhancement. Bachelor degrees are most common at 17.2%, followed by postgraduate qualifications (3.8%) and graduate diplomas (3.0%). Trade and technical skills are prominent, with 41.2% of residents aged 15+ holding vocational credentials – advanced diplomas (12.0%) and certificates (29.2%).

Educational participation is notably high, with 30.4% of residents currently enrolled in formal education. This includes 12.3% in secondary education, 9.0% in primary education, and 3.7% pursuing tertiary education.

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

Parkerville has 21 operational public transport stops, with a mix of bus services. These stops are served by three distinct routes, offering a total of 47 weekly passenger trips. Transport accessibility is moderate, with residents on average located 562 meters from the nearest stop. Most residents commute outward due to its residential nature. Car remains the dominant mode at 88%, while train usage stands at 7%. Vehicle ownership averages 2.3 per dwelling, exceeding the regional average.

According to the 2021 Census, only 10.8% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages six trips per day across all routes, equating to roughly two weekly trips per individual stop.

Parkerville's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Parkerville's health outcomes show remarkable results, as per AreaSearch's evaluation of mortality rates and chronic condition prevalence.

The area has a very low prevalence of common health conditions across all age groups. Approximately 61% (1,554 people) of Parkerville's total population have private health cover, which is exceptionally high. Mental health issues and asthma are the most prevalent medical conditions in the area, affecting 8.8 and 7.6% of residents respectively. Notably, 72.6% of residents declare themselves completely clear of medical ailments, compared to 71.9% across Greater Perth. Working-age residents have low chronic condition prevalence. The area has 17.3% (443 people) of residents aged 65 and over. Health outcomes among seniors are particularly strong, broadly in line with the general population's national rankings.

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

Parkerville's cultural diversity is below average, with 77.6% born in Australia, 91.1% being citizens, and 96.5% speaking English only at home. Christianity dominates Parkerville's religion at 40.9%, but Judaism is underrepresented at 0.0% compared to Greater Perth's 0.3%. Ancestry shows English at 36.0%, Australian at 28.3%, and Scottish at 8.0%, all higher than regional averages of 28.0%, 21.2%, and 4.7% respectively.

Notably, Dutch (2.2%) and Welsh (0.8%) are overrepresented compared to regional averages of 1.5% and 0.7%.

Parkerville's median age exceeds the national pattern

The median age in Parkerville is 42 years, which is significantly higher than Greater Perth's average of 37 years and Australia's median age of 38 years. The 55-64 age group constitutes 14.6% of the population in Parkerville, compared to a lower prevalence of the 25-34 cohort at 6.8%. Post-2021 Census data shows that the 75 to 84 age group has grown from 3.9% to 6.0%, while the 15 to 24 cohort increased from 13.6% to 15.1%. Conversely, the 25 to 34 cohort has declined from 9.0% to 6.8%, and the 45 to 54 group has dropped from 16.0% to 14.7%. Population forecasts for 2041 indicate substantial demographic changes in Parkerville, with the 75 to 84 age group expected to grow by 67%, reaching 257 people from 153. Notably, the combined 65+ age groups will account for 67% of total population growth, reflecting the area's aging demographic profile. In contrast, the 5 to 14 and 35 to 44 cohorts are expected to experience population declines.