Peakhurst

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

As of Nov 2025, the Peakhurst statistical area's population is estimated at around 12,530, reflecting an increase of 451 people since the 2021 Census. This growth represents a 3.7% rise from the previous population count of 12,079. This estimate is based on AreaSearch's validation of new addresses and examination of the latest ERP data release by the ABS in June 2024, which reported a resident population of 12,247. The addition of 215 validated new addresses since the Census date further contributed to this increase. This level of population results in a density ratio of 3,451 persons per square kilometer, placing Peakhurst in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, from 2012 to 2022, Peakhurst has demonstrated resilient growth patterns with a compound annual growth rate of 1.1%, outpacing the broader SA3 area.

This growth was primarily driven by overseas migration, which contributed approximately 92.0% of overall population gains during recent periods. 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 NSW State Government's SA2 level projections, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Examining future population trends, a population increase just below the median is expected for Peakhurst, with the area projected to expand by 1,433 persons to reach an estimated total of 14,963 by 2041. This reflects an overall increase of 10.8% in total over the 17-year period from 2025 to 2041.

AreaSearch analysis of residential development drivers sees Peakhurst recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers in Peakhurst shows around 54 residential properties granted approval per year over the past five financial years, totalling an estimated 274 homes. So far in FY-26, 64 approvals have been recorded. The average population increase per dwelling built over these years is 1.8 people, indicating balanced supply and demand conditions. However, this has intensified to 4.6 people per dwelling over the past two financial years, suggesting growing popularity and potential undersupply. New properties are constructed at an average value of $539,000, targeting the premium market segment with higher-end properties.

This year, $10.4 million in commercial approvals have been registered, demonstrating moderate levels of commercial development. Compared to Greater Sydney, Peakhurst has slightly more development, around 19.0% above regional average per person over the five-year period. New building activity shows 38.0% standalone homes and 62.0% medium and high-density housing, marking a significant departure from existing housing patterns which are currently 57.0% houses. With around 350 people per dwelling approval, Peakhurst shows a developed market. Looking ahead, AreaSearch estimates Peakhurst to grow by 1,358 residents through to 2041.

Based on current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Peakhurst has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 24 projects that could affect this region. Major initiatives include the Rail Service Improvement Program for T4 Illawarra & Eastern Suburbs Line, Canterbury Road Mixed-Use Development at Roselands, 956 Canterbury Road Apartment Development also in Roselands, and Henry Lawson Drive Stage 1B Upgrade. The following list details those projects most likely to be 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 performance in Peakhurst exceeds national averages across key labour market indicators

Peakhurst has an educated workforce with professional services well represented. Its unemployment rate was 3.5% in the past year, lower than Greater Sydney's 4.2%.

Employment growth was estimated at 3.4% over this period. As of September 2025, 7,101 residents were employed, with an unemployment rate of 0.7% below Greater Sydney's rate. Workforce participation in Peakhurst was 54.3%, compared to Greater Sydney's 60.0%. Dominant employment sectors include health care & social assistance, construction, and retail trade.

The area specializes in transport, postal & warehousing, with an employment share of 1.3 times the regional level. Professional & technical services had limited presence at 9.3%, compared to the regional 11.5%. Employment opportunities locally may be limited, as indicated by Census data comparing working population and resident population. Between September 2024 and September 2025, employment increased by 3.4% while labour force increased by 3.9%, resulting in a 0.5 percentage point rise in unemployment. In contrast, Greater Sydney experienced employment growth of 2.1% and labour force growth of 2.4%, with a 0.2 percentage point rise in unemployment. State-level data to 25-Nov-25 shows NSW employment contracted by 0.03%, losing 2,260 jobs, with an unemployment rate of 3.9%. National unemployment was 4.3% during this period. Jobs and Skills Australia's national employment forecasts from May-25 suggest total employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Peakhurst's employment mix, local employment is expected to increase by 6.7% over five years and 13.6% over ten years.

Income levels sit below national averages according to AreaSearch assessment

Peakhurst suburb has a median taxpayer income of $46,660 and an average income of $61,820 based on latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is lower than the national average, with Greater Sydney's median income at $60,817 and average income at $83,003. By September 2025, estimated incomes would be approximately $50,794 (median) and $67,297 (average), considering an 8.86% increase since financial year 2023 as per Wage Price Index growth. Census data indicates that household, family, and personal incomes in Peakhurst are modest, ranking between the 44th and 55th percentiles. Income analysis shows that 29.5% of the population (3,696 individuals) fall within the $1,500 - $2,999 income range, similar to the metropolitan region where 30.9% occupy this range. High housing costs consume 18.8% of income, but strong earnings place disposable income at the 52nd percentile. The area's SEIFA income ranking places it in the 7th decile.

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

In Peakhurst, as per the latest Census, 56.9% of dwellings were houses while 43.1% were other types such as semi-detached homes, apartments, and 'other' dwellings. This compares to Sydney metropolitan areas which had 52.1% houses and 47.9% other dwellings. Home ownership in Peakhurst stood at 33.3%, similar to Sydney metro's level. The remaining dwellings were either mortgaged (38.3%) or rented (28.4%). The median monthly mortgage repayment in the area was $2,500, higher than Sydney metro's average of $2,466. Weekly rent in Peakhurst was recorded at $440, matching Sydney metro's figure but significantly higher than the national average of $375. Nationally, Peakhurst's median monthly mortgage repayment of $2,500 is notably higher than Australia's average of $1,863.

Peakhurst has a typical household mix, with a lower-than-average median household size

Family households account for 73.1% of all households, including 38.2% couples with children, 21.7% couples without children, and 12.2% single parent families. Non-family households make up the remaining 26.9%, with lone person households at 24.9% and group households comprising 1.9% of the total. The median household size is 2.7 people, which is smaller than the Greater Sydney average of 2.8.

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

Peakhurst's educational qualifications trail regional benchmarks, with 30.7% of residents aged 15+ holding university degrees compared to Greater Sydney's 38.0%. This gap suggests potential for educational development and skills enhancement. Bachelor degrees are the most common at 22.0%, followed by postgraduate qualifications (6.6%) and graduate diplomas (2.1%). Trade and technical skills are prominent, with 32.4% of residents aged 15+ holding vocational credentials – advanced diplomas (11.6%) and certificates (20.8%).

Educational participation is notably high, with 30.8% of residents currently enrolled in formal education, including 10.3% in primary, 8.4% in secondary, and 5.9% pursuing tertiary education.

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

The analysis shows 100 operational transport stops in Peakhurst, with a variety of bus routes. These routes total 26, offering 2,109 weekly passenger trips combined. Peakhurst's transport accessibility is rated excellent, with residents on average 128 meters from the nearest stop.

Daily service frequency averages 301 trips across all routes, equating to about 21 weekly trips per individual stop.

Peakhurst's residents are relatively healthy in comparison to broader Australia with the level of common health conditions among the general population somewhat typical, though higher than the nation's average among older cohorts

Peakhurst's health metrics are close to national benchmarks with common health conditions among its general population being somewhat typical but higher than the national average for older cohorts. Approximately 51% of Peakhurst's total population (~6,440 people) have private health cover, compared to 54.6% across Greater Sydney.

The most common medical conditions in Peakhurst are arthritis and mental health issues, affecting 7.6 and 6.2% of residents respectively. A total of 71.5% of residents declare themselves completely clear of medical ailments, compared to 77.2% across Greater Sydney. As of the latest data (June 2021), Peakhurst has 22.0% of residents aged 65 and over (2,756 people), which is higher than the 19.1% in Greater Sydney. Health outcomes among seniors require more attention than those for the broader population.

Peakhurst was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics

Peakhurst has a high level of cultural diversity, with 33.5% of its population born overseas and 41.4% speaking a language other than English at home. Christianity is the predominant religion in Peakhurst, accounting for 62.5% of residents, compared to 49.7% across Greater Sydney. The top three ancestry groups in Peakhurst are Australian (17.7%), English (16.3%), and Other (13.4%).

Notably, Macedonian (3.3%) is overrepresented compared to the regional average of 2.3%, while Greek (6.0%) and Lebanese (4.4%) also have higher representation than their respective regional averages of 5.6% and 3.2%.

Peakhurst's median age exceeds the national pattern

Peakhurst's median age is 41 years, which is significantly higher than Greater Sydney's average of 37 years and slightly above Australia's median of 38 years. Compared to Greater Sydney, Peakhurst has a notably higher proportion of residents aged 85 and over (5.0%) but a lower proportion of those aged 25-34 (11.4%). According to the 2021 Census, the population aged 15-24 increased from 11.6% to 12.3%, while the 25-34 age group decreased from 12.1% to 11.4%. By 2041, demographic modeling projects significant changes in Peakhurst's age profile. The 85+ cohort is expected to grow by 77%, adding 480 residents to reach a total of 1,107. Residents aged 65 and over are anticipated to represent 85% of the population growth. Conversely, populations aged 0-4 and 5-14 are projected to decline.