Peakhurst Heights

Peakhurst Heights has seen population growth performance typically on par with national averages when looking at short and medium term trends

As of November 2025, the estimated population for the Peakhurst Heights statistical area (Lv2) is approximately 2,590 people. This figure represents an increase from the 2,524 people reported in the 2021 Census, marking a rise of 66 individuals or about 2.6%. This change was inferred from AreaSearch's resident population estimate of 2,541, based on their examination of the latest ERP data release by the ABS (June 2024), combined with validation of three new addresses since the Census date. The population density ratio is approximately 2,977 persons per square kilometer, placing Peakhurst Heights in the upper quartile relative to other locations assessed by AreaSearch nationwide. Over the past decade, from 2015 to 2025, Peakhurst Heights has shown resilient growth patterns with a compound annual growth rate of about 1.1%, outperforming its SA3 area. The primary driver for population growth in this period was overseas migration, contributing approximately 92.0% of overall population gains.

AreaSearch is utilising ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, to forecast future demographic trends. For areas not covered by this data, AreaSearch employs the NSW State Government's SA2 level projections from 2022, using a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on aggregated SA2-level projections, Peakhurst Heights is expected to experience population growth just below the national median statistical area average over the next two decades. By the year 2041, the area's population is projected to increase by approximately 332 persons, reflecting a total gain of about 13.1% over the 17-year period from 2025 to 2041.

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

AreaSearch analysis of ABS building approval numbers shows Peakhurst Heights had approximately 6 new homes approved annually. Between FY-21 and FY-25, around 31 homes were approved, with an additional 5 approved in FY-26. This resulted in about 3.5 people moving to the area per dwelling built over those years.

Supply has not kept pace with demand, which can put upward pressure on prices and increase competition among buyers. The average construction value of new properties was $539,000, indicating a focus on the premium market. Commercial approvals totalled $4.0 million in FY-26. Compared to Greater Sydney, Peakhurst Heights had about two-thirds the rate of new dwelling approvals per person and ranked at the 23rd percentile nationally, suggesting constrained buyer choice. New building activity comprised 43.0% detached houses and 57.0% medium/high-density housing, offering affordable entry points for downsizers, investors, and first-time purchasers. This shift from the area's existing housing stock (89.0% houses) reflects decreasing developable sites and changing lifestyles.

With around 739 people per dwelling approval, Peakhurst Heights exhibits a highly mature market. Population forecasts estimate an increase of 340 residents by 2041, with building activity keeping pace with growth projections, though heightened competition is expected as the population grows.

Peakhurst Heights 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 identified three projects likely affecting the region: 824-834 Forest Road Affordable Housing, Henry Lawson Drive Stage 1B Upgrade, Georges River College Peakhurst Campus Upgrades, and Oatley to Como Walkway Upgrade. The following details those most relevant.

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The labour market strength in Peakhurst Heights positions it well ahead of most Australian regions

Peakhurst Heights has a well-educated workforce with strong representation in professional services. Its unemployment rate is 2.2%, with an estimated employment growth of 3.9% over the past year.

As of September 2025, there are 1,481 residents employed, with an unemployment rate of 2.0%, compared to Greater Sydney's rate of 4.2%. Workforce participation is lower at 56.3%. Leading employment industries include health care & social assistance, education & training, and construction. The area specializes in education & training, with an employment share 1.2 times the regional level.

However, professional & technical services show lower representation at 9.2% compared to the regional average of 11.5%. Local employment opportunities appear limited as indicated by Census data comparing working population to resident population. Over the year to September 2025, employment increased by 3.9%, labour force by 4.2%, leading to a slight rise in unemployment (0.3 percentage points). Greater Sydney recorded lower growth rates: employment at 2.1% and labour force at 2.4%. State-level data for NSW as of 25-Nov shows employment contracted slightly (-0.03%), with an unemployment rate of 3.9%, favourably comparing to the national rate of 4.3%. National employment forecasts from May-25 project a growth of 6.6% over five years and 13.7% over ten years, but local projections based on industry-specific extrapolations suggest Peakhurst Heights' employment could increase by 6.7% in five years and 13.7% in ten years.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2023 indicates Peakhurst Heights' median income among taxpayers is $51,514, with an average of $68,316. These figures align with national averages and compare to Greater Sydney's median of $60,817 and average of $83,003. Based on Wage Price Index growth of 8.86% since financial year 2023, estimated incomes for September 2025 would be approximately $56,078 (median) and $74,369 (average). Census 2021 income data shows Peakhurst Heights' household, family, and personal incomes cluster around the 66th percentile nationally. Income analysis reveals that 26.6% of residents earn between $1,500 and $2,999 weekly (688 residents), mirroring the metropolitan region where 30.9% fall into this bracket. Notably, 35.1% of residents earn above $3,000 per week, indicating strong economic capacity in the suburb. Housing accounts for 14.3% of income, with residents ranking within the 75th percentile for disposable income. The area's SEIFA income ranking places it in the 8th decile.

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

Peakhurst Heights' dwelling structure, as per the latest Census, consisted of 88.6% houses and 11.4% other dwellings (semi-detached, apartments, 'other' dwellings). Compared to Sydney metro's figures of 52.1% houses and 47.9% other dwellings. Home ownership in Peakhurst Heights stood at 50.5%, with mortgaged dwellings at 37.1% and rented ones at 12.4%. The median monthly mortgage repayment was $2,865, higher than Sydney metro's average of $2,466. The median weekly rent figure was recorded at $451 compared to Sydney metro's $440. Nationally, Peakhurst Heights' mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

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

Family households compose 80.2% of all households, including 43.7% couples with children, 25.2% couples without children, and 10.2% single parent families. Non-family households constitute the remaining 19.8%, with lone person households at 18.0% and group households comprising 1.6%. The median household size is 2.9 people, higher than the Greater Sydney average of 2.8.

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

Peakhurst Heights' residents aged 15+ have lower university degree holders (29.1%) compared to Greater Sydney's 38.0%. Bachelor degrees are the most common (19.4%), followed by postgraduate qualifications (6.9%) and graduate diplomas (2.8%). Vocational credentials are prevalent, with 34.0% of residents holding them, including advanced diplomas (12.7%) and certificates (21.3%). Educational participation is high at 30.0%, with 9.4% in primary education, 9.0% in secondary education, and 5.8% pursuing tertiary education.

Educational participation is notably high, with 30.0% of residents currently enrolled in formal education. This includes 9.4% in primary education, 9.0% in secondary education, and 5.8% pursuing tertiary education.

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

Transport analysis shows 25 active stops in operation within Peakhurst Heights. These stops cater to buses only. They are served by 11 different routes, offering a total of 276 weekly passenger trips.

Transport access is rated excellent with residents situated an average of 138 meters from the nearest stop. Service frequency averages 39 trips per day across all routes, equating to about 11 weekly trips per individual stop.

Peakhurst Heights's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Peakhurst Heights residents show relatively positive health outcomes, with common conditions seen across both young and old age groups.

Approximately 54% (~1,397 people) have private health cover, which is high compared to other areas. The most prevalent medical conditions are arthritis (8.5%) and asthma (6.6%). Around 70.8% of residents report no medical ailments, compared to 77.2% in Greater Sydney. About 23.3% (603 people) of residents are aged 65 and over, higher than the 19.1% in Greater Sydney. Health outcomes among seniors are above average, aligning with the general population's health profile.

The level of cultural diversity witnessed in Peakhurst Heights was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Peakhurst Heights had a higher level of cultural diversity compared to most local areas, with 20.3% of its population born overseas and 25.5% speaking a language other than English at home. Christianity was the predominant religion in Peakhurst Heights, accounting for 70.0% of people, which is higher than the Greater Sydney average of 49.7%. In terms of ancestry, Australian was the most represented group at 23.0%, substantially higher than the regional average of 12.6%.

English ancestry comprised 21.8%, also notably higher than the regional average of 13.2%. Other ancestry made up 9.3%, lower than the regional average of 15.7%. Certain ethnic groups showed notable differences: Greek was overrepresented at 6.9% compared to 5.6% regionally, Macedonian at 2.6% versus 2.3%, and Lebanese at 3.0% versus 3.2%.

Peakhurst Heights hosts a notably older demographic compared to the national average

Peakhurst Heights has a median age of 44, which is higher than Greater Sydney's figure of 37 and significantly exceeds the national norm of 38. The 75-84 age group makes up 10.4% of Peakhurst Heights' population, compared to Greater Sydney, while the 25-34 cohort constitutes 7.3%. According to the 2021 Census, the 75-84 age group has increased from 9.7% to 10.4%, and the 25-34 cohort has decreased from 8.0% to 7.3%. By 2041, demographic modeling indicates that Peakhurst Heights' age profile will change significantly. The 75-84 group is projected to grow by 55%, reaching 418 people from the current 269. Those aged 65 and above are expected to comprise 80% of this growth. Meanwhile, the 5-14 and 0-4 age groups are anticipated to experience population declines.