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 Feb 2026, the population of the suburb of Peakhurst Heights is estimated at around 2,596 people. This reflects an increase since the 2021 Census, which reported a population of 2,524 people. The change is inferred from AreaSearch's estimate of the resident population at 2,541 in June 2024, considering new addresses validated by them and the latest ERP data release by the ABS. This level of population equates to a density ratio of 2,983 persons per square kilometer, placing Peakhurst Heights in the upper quartile relative to national locations assessed by AreaSearch. Over the past decade, from 2016 to 2026, Peakhurst Heights has demonstrated resilient growth patterns with a compound annual growth rate of 1.1%. Population growth for the suburb 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, as released in 2024 with 2022 as the base year, and NSW State Government's SA2 level projections for areas not covered by this data, released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Based on aggregated SA2-level projections, an above median population growth is projected for Peakhurst Heights, with the suburb expected to grow by 352 persons to 2041, reflecting a gain of 13.6% 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, allocated from statistical area data, shows Peakhurst Heights has seen approximately 6 new homes approved annually. Over the past five financial years, between FY21 and FY25, around 31 homes were approved, with a further 5 approved in FY26 to date. This results in an average of about 3.5 people moving to the area for each dwelling built over these years.

The demand for housing significantly outpaces supply, which typically drives up prices and increases 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 around $4.0 million in commercial approvals registered, suggesting the area's residential character. Compared to Greater Sydney, Peakhurst Heights has roughly two-thirds the rate of new dwelling approvals per person. Nationally, it ranks among the 23rd percentile of areas assessed, resulting in relatively constrained buyer choice and supporting interest in existing dwellings. This activity is lower than the national average, reflecting market maturity and possible development constraints.

New building activity shows 43.0% detached houses and 57.0% medium to high-density housing. This shift towards compact living offers affordable entry pathways and attracts downsizers, investors, and first-time purchasers. It represents a notable change from the area's existing housing composition, which is currently 89.0% houses. This indicates decreasing availability of developable sites and reflects changing lifestyles and the need for more diverse, affordable housing options. With approximately 739 people per dwelling approval, Peakhurst Heights reflects a highly mature market. Population forecasts indicate that Peakhurst Heights will gain around 354 residents by 2041, according to AreaSearch's latest quarterly estimate. Building activity is keeping pace with growth projections, though buyers may experience heightened competition 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 has 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 list details 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 professional services being strongly represented. Its unemployment rate was 2.3% as of September 2025. This rate is 1.9% lower than Greater Sydney's rate of 4.2%.

Workforce participation in Peakhurst Heights is 72.6%, compared to Greater Sydney's 70.0%. According to Census responses, 50.9% of residents work from home. Leading employment industries are health care & social assistance, education & training, and construction. The area shows strong specialization in education & training, with an employment share 1.2 times the regional level.

However, professional & technical services have lower representation at 9.2%, compared to the regional average of 11.5%. Employment opportunities locally may be limited as indicated by the count of Census working population vs resident population. Between September 2024 and September 2025, employment increased by 3.8% while labour force increased by 4.2%, resulting in an unemployment rise of 0.4 percentage points. In comparison, Greater Sydney recorded employment growth of 2.1%, labour force growth of 2.4%, with unemployment rising 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest that Peakhurst Heights' employment should increase by 6.7% over five years and 13.7% over ten years, based on industry-specific projections applied to the local employment mix.

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. This aligns with national averages and compares 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 as of September 2025 are 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 to $2,999 weekly (690 residents), mirroring the metropolitan region where 30.9% fall into this bracket. Notably, 35.1% of residents earn above $3,000 weekly, 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' residential structure, as per the latest Census, was 88.6% houses and 11.4% other dwellings (semi-detached, apartments, 'other'). This compares to Sydney metro's 55.9% houses and 44.1% 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 $2,427. Median weekly rent was $451, compared to Sydney metro's $470. Nationally, Peakhurst Heights' mortgage repayments were significantly higher at $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 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 has lower educational qualifications compared to regional benchmarks. Among residents aged 15 and above, 29.1% hold university degrees, while the Greater Sydney average is 38.0%. This difference 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%).

Vocational credentials are also prominent, with 34.0% of residents aged 15 and above holding such qualifications - advanced diplomas account for 12.7% and certificates for 21.3%. Educational participation is high in Peakhurst Heights, with 30.0% of residents currently enrolled in formal education. This includes primary education (9.4%), secondary education (9.0%), and tertiary education (5.8%).

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 of which are bus stops. These stops are served by 11 different routes, together providing 276 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 138 metres from the nearest stop. Most residents commute outward due to the area's residential nature. Car remains the dominant mode of transport at 87%, while train use stands at 8%. Vehicle ownership averages 1.7 per dwelling, exceeding the regional average.

According to the 2021 Census, a high 50.9% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 39 trips per day across all routes, equating to approximately 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 shows strong health performance in Peakhurst Heights. Mortality rates and chronic condition prevalence were low, particularly among younger cohorts.

Private health cover was high at approximately 54%, compared to 59.9% across Greater Sydney. The most common conditions were arthritis (8.5%) and asthma (6.6%). 70.8% of residents reported no medical ailments, compared to 74.6% in Greater Sydney. Working-age residents had low chronic condition prevalence. 24.1% of residents were aged 65 and over (625 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 residents born overseas and 25.5% speaking languages other than English at home. Christianity was the predominant religion in Peakhurst Heights, accounting for 70.0% of the population, 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%) and Macedonian (2.6%) groups were overrepresented in Peakhurst Heights compared to regional averages of 1.9% and 0.4%, respectively. The Lebanese group was also notably represented at 3.0%.

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 constitutes 10.8% of Peakhurst Heights' population, compared to Greater Sydney's figure. Conversely, the 25-34 cohort makes up 7.1%. According to the 2021 Census, the 75-84 age group has increased from 9.7% to 10.8%, while the 25-34 cohort has decreased from 8.0% to 7.1%. By 2041, demographic modeling predicts significant shifts in Peakhurst Heights' age profile. The 75-84 group is projected to grow by 47%, reaching 412 people from the current 280. Those aged 65 and above are expected to comprise 75% of this growth. Meanwhile, the 5-14 and 35-44 age groups are anticipated to experience population declines.