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 November 2025, Peakhurst's population is estimated at approximately 12,711 people. This figure represents a rise of 632 individuals since the 2021 Census, which recorded a population of 12,079. The current resident population estimate of 12,581, derived from AreaSearch's examination of ABS ERP data released in June 2024 and validated new addresses, indicates this increase. This results in a density ratio of approximately 3,501 persons per square kilometer, placing Peakhurst in the upper quartile relative to other locations assessed by AreaSearch. Over the past decade, Peakhurst has exhibited consistent growth with an annual compound growth rate of 1.1%, outperforming its SA3 area. Overseas migration contributed significantly to population growth, accounting for approximately 92.0% of overall gains during recent periods.

For future projections until 2041, AreaSearch uses ABS/Geoscience Australia's SA2-level projections released in 2024 with a base year of 2022, and NSW State Government's SA2 level projections released in 2022 with a base year of 2021 for areas not covered by the former data. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. By 2041, Peakhurst is projected to increase its population by approximately 1,453 persons, reflecting a total growth of around 9.4% over the 17-year period.

Residential development activity is slightly higher than average within Peakhurst when compared nationally

AreaSearch analysis of ABS building approval numbers shows Peakhurst recorded around 61 residential properties granted approval per year over the past 5 financial years ending FY-25, totalling an estimated 307 homes. By FY-26 so far, 60 approvals have been recorded. On average, 1.6 people moved to the area for each dwelling built between FY-21 and FY-25, indicating balanced supply and demand with stable market conditions. The average construction value of new homes was $539,000.

This year, $9.5 million in commercial approvals have been registered, demonstrating moderate commercial development levels. Compared to Greater Sydney, Peakhurst exhibited moderately higher construction activity, 33.0% above the regional average per person over the past 5 years. New building activity comprised 37.0% standalone homes and 63.0% medium and high-density housing, marking a shift from existing housing patterns (currently 57.0% houses). Peakhurst's population is forecast to gain 1,197 residents by 2041, with current development rates expected to comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current projections.

Population forecasts indicate Peakhurst will gain 1,197 residents through to 2041 (from the latest AreaSearch quarterly estimate). At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.

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

Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified 24 projects likely to affect the area. Notable projects include Rail Service Improvement Program - T4 Illawarra & Eastern Suburbs Line, Canterbury Road Mixed-Use Development - Roselands, 956 Canterbury Road Apartment Development - Roselands, and Henry Lawson Drive Stage 1B Upgrade. 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 performance in Peakhurst has been broadly consistent with national averages

Peakhurst has a well-educated workforce with professional services strongly represented. Its unemployment rate is 3.3%, with an estimated employment growth of 2.2% in the past year, according to AreaSearch's statistical area data aggregation.

As of June 2025, 7,165 residents are employed, while the unemployment rate is 0.9% lower than Greater Sydney's rate of 4.2%. Workforce participation in Peakhurst lags at 54.3%, compared to Greater Sydney's 60.0%. The dominant employment sectors among residents include health care & social assistance, construction, and retail trade. Peakhurst shows strong specialization in transport, postal & warehousing, with an employment share of 1.3 times the regional level.

However, professional & technical services have limited presence, with 9.3% employment compared to the regional average of 11.5%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Over the 12 months to June 2025, employment in Peakhurst increased by 2.2%, while labour force grew by 2.7%, resulting in a unemployment rise of 0.5 percentage points. In contrast, Greater Sydney experienced employment growth of 2.6% and labour force growth of 2.9%, with a 0.3 percentage point rise in unemployment. Jobs and Skills Australia's national employment forecasts from Sep-22 offer insights into potential future demand within Peakhurst. These projections estimate national employment growth at 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these industry-specific projections to Peakhurst's employment mix suggests local employment should increase by 6.7% over five years and 13.6% over ten years.

The area's income profile falls below national averages based on AreaSearch analysis

Peakhurst had a median taxpayer income of $46,651 and an average of $61,811 according to AreaSearch's aggregation of postcode level ATO data for the financial year 2022. This was below Greater Sydney's median income of $56,994 and average income of $80,856. As of September 2025, estimated incomes would be approximately $52,534 (median) and $69,605 (average), based on a 12.61% growth in wages since the financial year 2022. Census data showed Peakhurst's household, family, and personal incomes ranked modestly, between the 44th and 55th percentiles. Income analysis revealed that 29.5% of Peakhurst's population (3,749 individuals) had incomes within the $1,500 - 2,999 range, similar to the metropolitan region where 30.9% fell into this category. High housing costs consumed 18.8% of income in Peakhurst, but strong earnings placed disposable income at the 52nd percentile. The area's SEIFA income ranking placed it in the 7th decile.

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

The dwelling structure in Peakhurst, as per the latest Census, consisted of 56.9% houses and 43.1% other dwellings. In comparison, Sydney metro had 52.1% houses and 47.9% other dwellings. Home ownership in Peakhurst was at 33.3%, with mortgaged dwellings at 38.3% and rented ones at 28.4%. The median monthly mortgage repayment in the area was $2,500, higher than Sydney metro's average of $2,466. The median weekly rent figure in Peakhurst was recorded at $440, matching Sydney metro's figure. Nationally, Peakhurst's median monthly mortgage repayment is significantly higher than the Australian average of $1,863, while its median weekly rent figure is substantially above the national average of $375.

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

Family households constitute 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 account for the remaining 26.9%, with lone person households at 24.9% and group households comprising 1.9%. 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 Greater Sydney's regional benchmarks. As of 2021, 30.7% of Peakhurst residents aged 15 and above hold university degrees, compared to 38.0% in Greater Sydney. This gap suggests potential for educational development and skills enhancement. Bachelor degrees are the most common, with 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 and above holding vocational credentials – advanced diplomas (11.6%) and certificates (20.8%). Educational participation is high, with 30.8% of residents currently enrolled in formal education as of the 2020 census. This includes 10.3% in primary education, 8.4% in secondary education, and 5.9% pursuing tertiary education. As of September 2021, Peakhurst's three schools have a combined enrollment of 1,576 students. The area demonstrates typical Australian school conditions (ICSEA: 1030) with balanced educational opportunities. Education provision is balanced with two primary and one secondary school serving distinct age groups.

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

Peakhurst has 89 active public transport stops, all of which are bus stops. These stops are served by 26 different routes that together facilitate 2,173 weekly passenger trips. The transport accessibility is rated as excellent, with residents on average being located 129 meters from the nearest stop.

On average, there are 310 trips per day across all routes, which equates to approximately 24 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. Private health cover is slightly lower than the average SA2 area at approximately 51% of the total population (~6,533 people), compared to 53.6% across Greater Sydney.

The most prevalent medical conditions in Peakhurst are arthritis and mental health issues, affecting 7.6% and 6.2% of residents respectively. Approximately 71.5% of residents report being completely free from medical ailments, compared to 77.2% across Greater Sydney. As of 30 June 2021, Peakhurst has 22.0% of its residents aged 65 and over (2,796 people), which is higher than the 19.1% in Greater Sydney. Health outcomes among seniors require more attention due to presenting some challenges compared to the broader population.

Peakhurst is among the most culturally diverse areas in the country based on AreaSearch 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. The predominant religion in Peakhurst is Christianity, accounting for 62.5% of the population, compared to 49.7% across Greater Sydney. Regarding ancestry, the top three groups are Australian (17.7%), English (16.3%), and Other (13.4%).

Notably, Macedonian (3.3%) is overrepresented in Peakhurst compared to the regional average of 2.3%. Similarly, Greek (6.0%) and Lebanese (4.4%) groups are also more prevalent than their respective regional averages of 5.6% and 3.2%.

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

Peakhurst's median age is 41 years, which is significantly higher than Greater Sydney's average of 37 years and slightly older than Australia's median of 38 years. Compared to Greater Sydney, Peakhurst has a notably higher percentage of residents aged 85 and above (5.0%) but fewer residents aged 25-34 (11.4%). According to the 2021 Census, the proportion of residents aged 15-24 increased from 11.6% to 12.4%, while those aged 25-34 decreased from 12.1% to 11.4%. By 2041, demographic modeling suggests Peakhurst's age profile will change significantly. The 85+ cohort is projected to grow by 73%, adding 465 residents to reach a total of 1,101. Residents aged 65 and older are expected to represent 89% of the population growth, while declines are anticipated for the 15-24 and 0-4 age groups.