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 February 2026, the estimated population of Peakhurst is around 12,554. This figure reflects an increase of 475 people since the 2021 Census, which reported a population of 12,079. The change is inferred from AreaSearch's estimation of the resident population at 12,247 following examination of the ABS's latest ERP data release in June 2024 and an additional 215 validated new addresses since the Census date. This level of population results in a density ratio of 3,458 persons per square kilometer, placing Peakhurst in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, Peakhurst has shown resilient growth patterns with a compound annual growth rate of 1.4%, outpacing the SA3 area. The population growth was primarily driven by overseas migration, contributing 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, and NSW State Government's SA2 level projections where applicable, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for the years 2032 to 2041. Future population trends suggest an increase just below the median of statistical areas analysed by AreaSearch, with Peakhurst expected to expand by 1,344 persons to 2041 based on aggregated SA2-level projections, reflecting an overall increase of 8.3% over the 17 years.

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 shows Peakhurst recorded approximately 55 residential properties granted approval per year over the past five financial years, totalling an estimated 276 homes. As of FY-26, 67 approvals have been recorded. Over these five years (FY-21 to FY-25), an average of 1.7 people moved to the area for each dwelling built. However, this figure has intensified to 4.5 people per dwelling over the past two financial years, suggesting growing popularity and potential undersupply. New properties are constructed at an average expected cost value of $539,000, indicating developers target the premium market segment with higher-end properties.

In FY-26, $10.4 million in commercial approvals have been registered, reflecting moderate levels of commercial development. Compared to Greater Sydney, Peakhurst has slightly more development, 21.0% above the regional average per person over the five-year period, offering reasonable buyer options while sustaining existing property demand. However, building activity has slowed in recent years. New building activity shows 39.0% standalone homes and 61.0% medium and high-density housing, marking a significant shift from existing housing patterns (currently 57.0% houses), suggesting diminishing developable land availability and responding to evolving lifestyle preferences and housing affordability needs. With around 345 people per dwelling approval, Peakhurst shows a developed market.

According to the latest AreaSearch quarterly estimate, Peakhurst is expected to grow by 1,037 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

AreaSearch has identified 24 projects that could impact the area significantly. Notable ones include the Rail Service Improvement Program for T4 Illawarra & Eastern Suburbs Line, Canterbury Road Mixed-Use Development at Roselands, a 956-apartment development also located in Roselands, and the Henry Lawson Drive Stage 1B Upgrade. The following list details those projects considered most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment performance in Peakhurst exceeds national averages across key labour market indicators

Peakhurst has a well-educated workforce with professional services being strongly represented. The unemployment rate is 3.2%. Over the past year, there was an estimated employment growth of 5.3%, according to AreaSearch's aggregation of statistical area data.

As of December 2025, 7,176 residents are employed while the unemployment rate is 1.0% lower than Greater Sydney's rate of 4.2%. Workforce participation stands at 73.2%, slightly higher than Greater Sydney's 70.2%. Census responses indicate that 45.8% of residents work from home, though Covid-19 lockdown impacts should be considered. The dominant employment sectors among residents are health care & social assistance, construction, and retail trade.

Peakhurst has a particularly strong specialization in transport, postal & warehousing, with an employment share 1.3 times the regional level. However, professional & technical services have limited presence, with only 9.3% of employment compared to the regional average of 11.5%. The predominantly residential 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 December 2025, employment increased by 5.3%, while labour force increased by 5.2%, resulting in a slight fall in unemployment by 0.1 percentage points. In contrast, Greater Sydney experienced employment growth of 2.2% and labour force growth of 2.3%. Jobs and Skills Australia's national employment forecasts from May-25 offer further insight into potential future demand within Peakhurst. These projections suggest that national employment should expand by 6.6% over five years and 13.7% over ten years. 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, though it is important to note that this is a simple weighting extrapolation for illustrative purposes and does not take into account localised population projections.

Income levels sit below national averages according to AreaSearch assessment

The suburb of Peakhurst had a median taxpayer income of $46,660 and an average income of $61,820 in the latest postcode level ATO data aggregated by AreaSearch for the financial year 2023. This was below the national average, with Greater Sydney having a median income of $60,817 and an average income of $83,003. By September 2025, based on Wage Price Index growth of 8.86%, estimated incomes would be approximately $50,794 (median) and $67,297 (average). Census data showed that household, family, and personal incomes in Peakhurst ranked modestly, between the 44th and 55th percentiles. Income analysis revealed that 29.5% of the population, which consisted of 3,703 individuals, fell within the $1,500 - $2,999 income range, similar to the metropolitan region where 30.9% occupied this range. High housing costs consumed 18.8% of income, yet 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

In Peakhurst, as per the latest Census data, 56.9% of dwellings were houses, with the remaining 43.1% being semi-detached homes, apartments, and other dwelling types. In comparison, Sydney metropolitan area had 55.9% houses and 44.1% other dwellings. Home ownership in Peakhurst stood at 33.3%, with mortgaged dwellings at 38.3% and rented ones at 28.4%. The median monthly mortgage repayment was $2,500, exceeding the Sydney metro average of $2,427. Weekly rent in Peakhurst was recorded at $440, compared to Sydney's $470. Nationally, Peakhurst's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Peakhurst has a typical household mix, with a fairly typical median household size

Family households account for 73.1% of all households, including 38.2% that are couples with children, 21.7% that are couples without children, and 12.2% that are 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 matches the Greater Sydney average.

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 indicates 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 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

Peakhurst has 100 active public transport stops, all of which are bus stops. These stops are served by 26 different routes that together facilitate 2,109 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents typically located just 128 meters from the nearest stop. Most residents commute outward due to Peakhurst being primarily residential. Cars remain the dominant mode of transport, used by 84% of residents, while 10% use trains. On average, there are 1.3 vehicles per dwelling.

According to the 2021 Census, 45.8% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 301 trips per day across all routes, resulting in approximately 21 weekly trips per individual stop.

Peakhurst'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

Peakhurst's health data shows positive outcomes with mortality rates and health conditions largely matching national averages. Common health conditions are low among the general population but higher among older, at-risk residents.

Private health cover is relatively low at 51% (~6,452 people), compared to Greater Sydney's 59.9%. The most prevalent medical conditions are arthritis (7.6%) and mental health issues (6.2%). 71.5% of residents report no medical ailments, slightly lower than Greater Sydney's 74.6%. Working-age residents have low chronic condition prevalence. Peakhurst has a higher proportion of seniors aged 65 and over at 22.5% (2,824 people), compared to Greater Sydney's 15.4%. Health outcomes among seniors present some challenges but rank lower nationally than 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 people, compared to 49.2% 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 in Peakhurst compared to the regional average of 0.4%. Similarly, Greek (6.0%) and Lebanese (4.4%) groups are also more prevalent than their respective regional averages of 1.9% and 2.6%.

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 older than Australia's median of 38 years. Compared to Greater Sydney, Peakhurst has a notably higher proportion of residents aged 85 and above (5.2%) but fewer residents aged 25-34 (11.4%). According to the 2021 Census, the population aged 15-24 increased from 11.6% to 12.7%, while the 45-54 age group decreased from 12.6% to 11.4%. By 2041, demographic modeling projects significant changes in Peakhurst's age profile. The 85+ cohort is projected to grow by 73%, adding 475 residents to reach a total of 1,128. Residents aged 65 and older are expected to represent 86% of the population growth, while declines are projected for the 55-64 and 15-24 age groups.