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 May 2026, the estimated population of the suburb of Peakhurst Heights is around 2,456. This reflects a decrease from the 2021 Census figure of 2,524 people, a change inferred from AreaSearch's estimation of the resident population at 2,440 based on ABS data up to June 2025 and validation of three new addresses since the Census date. This results in a population density ratio of approximately 2,823 persons per square kilometer, placing Peakhurst Heights in the upper quartile relative to national locations assessed by AreaSearch. The primary driver for population growth in the suburb was overseas migration, contributing around 92% of overall population gains during recent periods. AreaSearch employs 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 for areas not covered by this data, released in 2022 with a base year of 2021.

These projections indicate an above median population growth is expected for Peakhurst Heights, with the suburb projected to grow by 288 persons by 2041, reflecting a total gain of 11.1% over the 16-year period.

The level of residential development activity in Peakhurst Heights is very low in comparison to the average area assessed nationally by AreaSearch

AreaSearch analysis of ABS building approval numbers for Peakhurst Heights shows approximately 6 new homes approved annually. Between financial years FY-21 and FY-25, around 32 homes were approved, with an additional 7 approved so far in FY-26. The population decline in recent years suggests that new supply has likely kept pace with demand, providing good choice for buyers.

New properties are constructed at an average value of $539,000, indicating a focus on the premium market with high-end developments. This year, $4.0 million in commercial approvals have been registered, reflecting the area's residential character. Compared to Greater Sydney, Peakhurst Heights has around two-thirds the rate of new dwelling approvals per person and ranks among the 23rd percentile nationally, leading to relatively constrained buyer choice and supporting interest in existing dwellings. This lower activity indicates a mature market with possible development constraints. Building activity shows 43.0% detached houses and 57.0% medium and high-density housing, offering affordable entry pathways and attracting downsizers, investors, and first-time purchasers. This shift from the area's existing housing (currently 89.0% houses) suggests decreasing availability of developable sites and reflects changing lifestyles and demand for diverse, affordable housing options.

With around 726 people per dwelling approval, Peakhurst Heights reflects a highly mature market. Population forecasts indicate an increase of 272 residents by 2041, with building activity keeping pace with growth projections despite potential heightened competition as the population grows.

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

AreaSearch has identified three projects that could impact 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. These are likely the most relevant ones.

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

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

Peakhurst Heights has a highly educated workforce with professional services well represented. Its unemployment rate is 2.1%, lower than Greater Sydney's 4.2%. Employment growth over the past year was estimated at 3.4%.

As of December 2025, 1,364 residents are employed, with an unemployment rate of 2.1% and workforce participation similar to Greater Sydney's 68.8%. Notably, 50.9% of residents work from home, possibly influenced by Covid-19 lockdowns. The leading employment industries are health care & social assistance, education & training, and construction. Education & training is particularly strong with an employment share 1.2 times the regional level.

Conversely, professional & technical services show lower representation at 9.2% compared to the regional average of 11.5%. Despite being predominantly residential, Peakhurst Heights saw employment increase by 3.4% and labour force grow by 3.3% over the year to December 2025, while unemployment remained stable. National employment forecasts from Jobs and Skills Australia suggest that Peakhurst Heights' employment should increase by 6.7% over five years and 13.7% over ten years, based on industry-specific projections.

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 shows Peakhurst Heights' median income among taxpayers is $51,514 and the average is $68,316. These figures align with national averages. Greater Sydney's median income is $60,817 and average is $83,003. Based on Wage Price Index growth of 10.32% since financial year 2023, current estimates for Peakhurst Heights would be approximately $56,830 (median) and $75,366 (average) as of March 2026. Census 2021 income data indicates 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 (653 residents), mirroring the metropolitan region where 30.9% occupy this bracket. A substantial proportion of high earners (35.1% above $3,000/week) indicates strong economic capacity throughout the suburb. Housing accounts for 14.3% of income. Strong earnings rank residents within the 75th percentile for disposable income and 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

In Peakhurst Heights, as per the latest Census, 88.6% of dwellings were houses, with the remaining 11.4% comprising semi-detached homes, apartments, and other types. This is in contrast to Sydney's metropolitan area, where 55.9% of dwellings are houses. Home ownership in Peakhurst Heights stood at 50.5%, higher than Sydney's metro average. Mortgaged dwellings accounted for 37.1%, while rented dwellings made up 12.4%. The median monthly mortgage repayment was $2,865, exceeding the Sydney metro average of $2,427. Weekly rent stood at $451, compared to Sydney's metro figure of $470. Nationally, Peakhurst Heights' mortgage repayments were higher than the Australian average of $1,863, and 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 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, 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' residents aged 15+ with university degrees (29.1%) lag behind Greater Sydney's rate of 38.0%. Bachelor degrees are most common (19.4%), followed by postgraduate qualifications (6.9%) and graduate diplomas (2.8%). Vocational credentials are prevalent, with 34.0% holding such qualifications, including advanced diplomas (12.7%) and certificates (21.3%). Educational participation is high, with 30.0% currently enrolled in formal education: primary (9.4%), secondary (9.0%), and tertiary (5.8%).

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

Public transport analysis shows 25 active stops operating within Peakhurst Heights, all of which are bus routes. These stops are serviced by 11 individual routes, collectively providing 276 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 138 meters from the nearest stop. Most residents commute outward due to its residential nature. Car remains the dominant mode at 87%, with 8% using train. Vehicle ownership averages 1.7 per dwelling, above regional average.

High 50.9% of residents work from home (2021 Census). Service frequency averages 39 trips per day across all routes, equating to approximately 11 weekly trips per individual stop.

Peakhurst Heights's residents are extremely healthy with prevalence of common health conditions low among the general population and nearer the nation's average across older, at risk cohorts

Analysis of health metrics shows strong performance throughout Peakhurst Heights. Mortality rates were assessed alongside chronic condition prevalence by AreaSearch.

Prevalence of common health conditions was low among the general population but neared national averages for older, at-risk cohorts. Private health cover rate was found to be high at approximately 54% of the total population (~1,324 people), compared to Greater Sydney's 59.9%. The most prevalent medical conditions were arthritis and asthma, impacting 8.5% and 6.6% of residents respectively. 70.8% declared themselves completely clear of medical ailments, compared to Greater Sydney's 74.6%. Working-age residents had low chronic condition prevalence. The area has 23.6% of residents aged 65 and over (579 people), higher than Greater Sydney's 15.5%. Health outcomes among seniors were above average but ranked lower nationally compared to 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' population showed higher cultural diversity compared to most local areas, with 20.3% born overseas and 25.5% speaking a language other than English at home. Christianity was the predominant religion in Peakhurst Heights at 70.0%, compared to Greater Sydney's 49.2%. The top three ancestry groups were Australian (23.0%), English (21.8%), and Other (9.3%).

Notably, Greek ancestry was higher at 6.9% than the regional average of 1.9%, Macedonian at 2.6% compared to 0.4%, and Lebanese at 3.0% versus 2.6%.

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 population aged 75-84 makes up 11.3%, compared to Greater Sydney's percentage, while those aged 25-34 are less prevalent at 7.9%. This concentration in the 75-84 age group is notably higher than the national figure of 6.1%. According to the 2021 Census, this age group has grown from 9.7% to 11.3% of Peakhurst Heights' population. Conversely, the 45-54 age cohort has declined from 13.3% to 12.0%. By 2041, demographic modeling suggests significant changes in Peakhurst Heights' age profile. The 75-84 group is projected to grow by 46%, reaching 405 people from the current 277. This growth is driven by an aging population dynamic, with those aged 65 and above comprising 84% of the projected growth. Meanwhile, the 0-4 and 5-14 age groups are expected to experience population declines.