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 of Peakhurst Heights is around 2,619. This figure reflects an increase of 95 people since the 2021 Census, which reported a population of 2,524. The latest estimate by AreaSearch, based on examination of the ABS's ERP data release in June 2024 and additional validated new addresses, shows a resident population of 2,591. This results in a population density ratio of approximately 3,010 persons per square kilometer, placing Peakhurst Heights in the upper quartile relative to other locations assessed by AreaSearch. Over the past decade, from 2015 to 2025, the suburb has demonstrated steady growth with an average annual growth rate of 1.1%. The primary driver of population growth was overseas migration, contributing around 92% of overall population gains during recent periods.

For population projections until 2041, AreaSearch is adopting ABS/Geoscience Australia projections for SA2 areas released in 2024 with a base year of 2022. By 2041, Peakhurst Heights is expected to grow by approximately 319 persons, reflecting an increase of around 11.4% over the 17-year period.

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

Based on AreaSearch analysis of ABS building approval numbers allocated from statistical area data, Peakhurst Heights has seen around 7 new homes approved each year. Over the past 5 financial years, from FY-21 to FY-25, an estimated 38 homes were approved, with a further 7 approved so far in FY-26. Each dwelling built over this period has resulted in an average of 2.8 new residents per year, indicating healthy demand that supports property values.

New homes are being built at an average expected construction cost value of $539,000. This financial year, $338,000 in commercial development approvals have been recorded, reflecting the area's residential nature. Compared to Greater Sydney, Peakhurst Heights has around three-quarters the rate of new dwelling approvals per person and ranks among the 32nd percentile nationally, resulting in relatively constrained buyer choice that supports interest in existing dwellings. New building activity shows 44.0% detached houses and 56.0% medium and high-density housing, offering affordable entry pathways and attracting downsizers, investors, and first-time purchasers. This represents a notable shift from the area's existing housing composition of 89.0% houses, indicating decreasing availability of developable sites and reflecting changing lifestyles and demand for more diverse, affordable housing options. With around 518 people per dwelling approval, Peakhurst Heights shows a developed market.

Population forecasts indicate Peakhurst Heights will gain 298 residents through to 2041, with present construction rates balanced with future demand, fostering steady market conditions without excessive price pressure.

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 expected to influence the area: 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 list focuses on those most relevant.

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AreaSearch analysis reveals Peakhurst Heights significantly outperforming the majority of regions assessed nationwide

Peakhurst Heights has a well-educated workforce with strong representation in professional services. Its unemployment rate is 2.1%, lower than Greater Sydney's 4.2%.

Employment growth over the past year was estimated at 2.5%. As of June 2025, 1,488 residents are employed, with an unemployment rate of 2.1% and workforce participation of 56.3%, compared to Greater Sydney's 60.0%. Leading 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% versus the regional average of 11.5%. Employment opportunities locally may be limited, as indicated by the count of Census working population versus resident population. Over the 12 months to June 2025, employment increased by 2.5%, labour force by 2.8%, and unemployment rose by 0.3 percentage points. In comparison, Greater Sydney recorded similar trends with slight variations in growth rates. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment to expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Peakhurst Heights' employment mix suggests local employment should increase by 6.7% over five years and 13.7% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment

AreaSearch released postcode level ATO data for financial year 2022. Peakhurst Heights' median income among taxpayers was $51,514 with an average of $68,316. This is higher than the national average and compares to Greater Sydney's median of $56,994 and average of $80,856. Based on Wage Price Index growth since financial year 2022, current estimates would be approximately $58,010 (median) and $76,931 (average) as of September 2025. Census 2021 income data shows incomes in Peakhurst Heights cluster around the 66th percentile nationally. Income analysis reveals that 26.6% earn $1,500 - 2,999 weekly (696 residents), mirroring the metropolitan region where 30.9% occupy this bracket. Notably, 35.1% are high earners above $3,000/week, indicating strong economic capacity in the suburb. Housing accounts for 14.3% of income while earnings rank residents 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'). In comparison, Sydney metro had 52.1% houses and 47.9% other dwellings. Home ownership in Peakhurst Heights was at 50.5%, with mortgaged dwellings at 37.1% and rented ones at 12.4%. The median monthly mortgage repayment in the area was $2,865, exceeding Sydney metro's average of $2,466. Median weekly rent in Peakhurst Heights was $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 account for 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 comprise the remaining 19.8%, with lone person households at 18.0% and group households at 1.6%. The median household size is 2.9 people, larger 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

Educational qualifications in Peakhurst Heights lag behind regional benchmarks; 29.1% of residents aged 15+ 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 at 19.4%, followed by postgraduate qualifications (6.9%) and graduate diplomas (2.8%). Trade and technical skills are prominent, with 34.0% of residents aged 15+ holding vocational credentials – advanced diplomas (12.7%) and certificates (21.3%).

Educational participation is high, with 30.0% of residents currently enrolled in formal education; this includes 9.4% in primary, 9.0% in secondary, and 5.8% pursuing tertiary education. Peakhurst South Public School and Aspect South East Sydney School serve the area, collectively educating 535 students. The ICSEA score for socio-educational conditions is 1066, indicating above-average status. Both schools focus exclusively on primary education; secondary options are available in nearby areas. Peakhurst Heights functions as an education hub with 20.4 school places per 100 residents, significantly higher than the regional average of 11.6, attracting students from surrounding communities.

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

The analysis of public transport in Peakhurst Heights shows that there are currently 23 active transport stops operating. These stops serve a mix of bus routes, with a total of 11 individual routes providing service to the area. The combined weekly passenger trips across these routes amount to 267.

Residents enjoy excellent transport accessibility, with an average distance of 139 meters to the nearest transport stop. On average, there are 38 trips per day across all routes, which translates to approximately 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.

Private health cover stands at approximately 54%, or about 1,412 people. 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. Approximately 23.3% of residents are aged 65 or over (610 people), higher than the 19.1% in Greater Sydney. Health outcomes among seniors are above average and align with the general population's health profile.

Peakhurst Heights 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 Heights had a higher cultural diversity than most local areas, with 20.3% of its residents 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 the population, compared to 49.7% across Greater Sydney. In terms of ancestry, Australians made up 23.0% of Peakhurst Heights' population, higher than the regional average of 12.6%.

Similarly, those with English ancestry comprised 21.8%, above the regional average of 13.2%. However, people claiming 'Other' as their ancestry were lower at 9.3%, compared to the regional average of 15.7%. Notably, Greek ancestry was higher in Peakhurst Heights at 6.9% versus 5.6% regionally, Macedonian at 2.6% compared to 2.3%, and Lebanese at 3.0% versus 3.2%.

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

Peakhurst Heights has a median age of 44, which exceeds Greater Sydney's figure of 37 and is substantially higher than the national norm of 38. The 75-84 age group comprises 10.4% of Peakhurst Heights' population, compared to Greater Sydney, while the 25-34 cohort makes up 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 suggests Peakhurst Heights' age profile will change significantly. The 75-84 group is projected to grow by 53%, reaching 418 people from 272. Those aged 65 and above are expected to comprise 83% of the population growth. Meanwhile, the 0-4 and 5-14 age groups are anticipated to experience population declines.