Peakhurst Heights

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

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, the suburb of Peakhurst Heights' population is estimated at around 2,596 as of Feb 2026. This reflects an increase of 72 people (2.9%) since the 2021 Census, which reported a population of 2,524 people. The change is inferred from the resident population of 2,541 estimated by AreaSearch following examination of the latest ERP data release by the ABS in Jun 2024 and an additional 5 validated new addresses since the Census date. This level of population equates to a density ratio of 2,983 persons per square kilometer, placing it in the upper quartile relative to national locations assessed by AreaSearch. Population growth for the suburb was primarily driven by overseas migration that contributed approximately 92.0% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Moving forward with demographic trends, a population increase just below the median of statistical areas across the nation is expected in the suburb of Peakhurst Heights, with an expected growth of 320 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 10.2% in total over the 17 years.

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 32 homes were approved, with another 5 in FY-26. This results in an average of about 3.6 people moving to the area per dwelling built over these years.

Demand significantly outpaces supply, putting upward pressure on prices and increasing competition among buyers. New properties are constructed at an average expected cost of $539,000, indicating a focus on the premium market with high-end developments. This financial year has seen $4.0 million in commercial approvals registered, suggesting Peakhurst Heights' residential character. Compared to Greater Sydney and nationally, Peakhurst Heights has around two-thirds the rate of new dwelling approvals per person, placing it among the 23rd percentile of areas assessed. This results in relatively constrained buyer choice, supporting interest in existing dwellings. New building activity comprises 43.0% detached houses and 57.0% medium and high-density housing, offering affordable entry pathways for downsizers, investors, and first-time purchasers.

By 2041, Peakhurst Heights is forecast to gain approximately 265 residents. Current construction rates appear 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

Three projects are identified by AreaSearch as potentially impacting 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.

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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 professional services being strongly represented. The unemployment rate is 2.1% while estimated employment growth over the past year is 5.4%. As of December 2025, there are 1,492 residents in work and the unemployment rate is 2.1% lower than Greater Sydney's rate of 4.2%.

Workforce participation is 72.5%, compared to Greater Sydney's 70.2%. According to Census responses, 50.9% of residents work from home, though Covid-19 lockdown impacts should be considered. Leading employment industries among residents include health care & social assistance, education & training, and construction. The area has a particularly strong specialization in education & training with an employment share of 1.2 times the regional level.

Conversely, professional & technical services show lower representation at 9.2% compared to the regional average of 11.5%. Employment opportunities locally appear limited as indicated by the count of Census working population versus resident population. Over the 12 months to December 2025, employment increased by 5.4%, while labour force increased by 5.3%, with unemployment remaining essentially unchanged. By comparison, Greater Sydney recorded employment growth of 2.2%, labour force growth of 2.3%, and a marginal rise in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 offer insight into potential future demand within Peakhurst Heights. These projections suggest that national employment should increase by 6.6% over five years and 13.7% over ten years, with growth rates differing significantly between industry sectors. Applying these industry-specific projections to Peakhurst Heights's 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 take into account localised population projections.

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

In AreaSearch's latest postcode level ATO data released for financial year ending June 2023, Peakhurst Heights' median income among taxpayers is $51,514. The average income in the suburb is $68,316. Nationally, the median income is $57,079 and the average is $82,039. In Greater Sydney, the median income is $60,817 with an average of $83,003. Based on Wage Price Index growth of 8.86% since financial year ending June 2023, current estimates for Peakhurst Heights would be approximately $56,078 (median) and $74,369 (average) as of September 2025. According to Census 2021 income data, household, family, and personal incomes in Peakhurst Heights cluster around the 66th percentile nationally. Income analysis reveals that the largest segment comprises 26.6% earning $1,500 - $2,999 weekly (690 residents), similar to the metropolitan region where 30.9% occupy this bracket. A substantial proportion of high earners, at 35.1%, indicates strong economic capacity throughout the suburb. Housing accounts for 14.3% of income while strong 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' dwellings). This compares to Sydney metro's 55.9% houses and 44.1% other dwellings. Home ownership in Peakhurst Heights was at 50.5%, with the rest either mortgaged (37.1%) or rented (12.4%). The median monthly mortgage repayment was $2,865, above Sydney metro's average of $2,427. Median weekly rent was $451, compared to Sydney metro's $470. Nationally, Peakhurst Heights' mortgage repayments were significantly higher than the Australian average of $1,863, and rents 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 constitute 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 making up 1.6%. The median household size is 2.9 people, larger than the Greater Sydney average of 2.7.

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

Peakhurst Heights has lower educational qualifications compared to regional benchmarks. As of 2021, 29.1% of residents aged 15 and above hold university degrees, whereas the figure for Greater Sydney is 38.0%. University degrees are the most common, with 19.4%, followed by postgraduate qualifications at 6.9% and graduate diplomas at 2.8%. Vocational credentials are also prevalent, with 34.0% of residents holding such qualifications.

This includes advanced diplomas (12.7%) and certificates (21.3%). Educational participation is high, with 30.0% of residents currently enrolled in formal education as of the latest census data. 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

Public transport analysis shows 25 active transport stops in Peakhurst Heights, all bus stops. These are served by 11 routes, offering a total of 276 weekly passenger trips. Transport accessibility is excellent, with residents typically 138 meters from the nearest stop. Most residents commute outward, predominantly by car (87%), with 8% using trains. Vehicle ownership averages 1.7 per dwelling, above the regional average. In 2021 Census data, 50.9% of residents worked from home, possibly due to COVID-19 conditions.

Service frequency averages 39 trips daily across all routes, equating to about 11 weekly trips per stop.

Peakhurst Heights's residents are extremely healthy with younger cohorts in particular seeing very low prevalence of common health conditions

Analysis of health metrics indicates strong performance throughout Peakhurst Heights. Mortality rates and chronic condition prevalence were assessed by AreaSearch, showing very low prevalence of common health conditions among younger cohorts.

Approximately 54% of the total population (~1,400 people) had private health cover, compared to 59.9% across Greater Sydney. The most prevalent medical conditions in the area were arthritis and asthma, affecting 8.5 and 6.6% of residents respectively. 70.8% of residents declared themselves completely clear of medical ailments, compared to 74.6% across Greater Sydney. Working-age residents had notably low chronic condition prevalence. The area had 24.0% of residents aged 65 and over (623 people), higher than the 15.4% in Greater Sydney. Health outcomes among seniors were above average, but ranked lower nationally than the broader population.

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 cultural diversity than 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, comprising 70.0%, compared to 49.2% across Greater Sydney. The top three ancestry groups were Australian (23.0%), English (21.8%), and Other (9.3%).

Notably, Greek (6.9%), Macedonian (2.6%), and Lebanese (3.0%) ethnicities were overrepresented compared to regional averages of 1.9%, 0.4%, and 2.6% respectively.

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

Peakhurst Heights has a median age of 44, which exceeds Greater Sydney's figure of 37 and significantly surpasses the national average of 38. The age group of 75-84 years old is notably represented at 11.0%, compared to Greater Sydney, while the 25-34 cohort is less prevalent at 7.4%. According to the 2021 Census, the 75 to 84 age group has increased from 9.7% to 11.0% of the population. Conversely, the 45 to 54 age group has decreased from 13.3% to 12.1%. Demographic projections indicate that Peakhurst Heights' age profile will change significantly by 2041. Notably, the 75 to 84 age group is expected to grow by 44%, reaching 410 people from the current 285. This growth is primarily driven by an aging population dynamic, with those aged 65 and above contributing to 79% of projected growth. Meanwhile, the 5 to 14 and 35 to 44 age groups are anticipated to experience population declines.