Pearcedale

Pearcedale is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends

Pearcedale's population was estimated at 3,867 people according to the Census conducted in 2021. By November 2025, this number had increased to around 3,955, reflecting a rise of 88 individuals (2.3%). This increase is inferred from AreaSearch's estimation of the resident population at 3,954 following their examination of the latest ERP data release by the ABS in June 2024, along with an additional 21 validated new addresses since the Census date. The current population density stands at approximately 117 persons per square kilometer. Natural growth contributed about 79.0% to overall population gains during recent periods.

AreaSearch is utilising ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, the suburb is projected to experience a population increase just below the national median by 2041. Based on aggregated SA2-level projections, Pearcedale's population is expected to rise by 246 persons over this period, reflecting an overall gain of 6.6%.

AreaSearch assessment of residential development drivers sees a low level of activity in Pearcedale, placing the area among the bottom 25% of areas assessed nationally

AreaSearch analysis shows Pearcedale had approximately 16 dwelling approvals per year over the past five financial years, totalling about 82 homes. No approvals have been recorded so far in FY-26. On average, 0.5 new residents arrived per new home annually between FY-21 and FY-25. The average construction value of these properties was $542,000.

This financial year has seen $1.2 million in commercial development approvals. All recent developments have been detached dwellings, maintaining Pearcedale's low-density character.

There were an estimated 415 people per dwelling approval in the area. By 2041, Pearcedale is projected to grow by 260 residents. Current construction levels should meet demand and enable potential growth beyond current forecasts.

Pearcedale has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified two major projects expected to impact this region. Notable initiatives include Western Port Highway Upgrade, Yaringa Marina Development, Botanic Ridge Estate, and 82 Edward Street Residential Development, with the following list highlighting those of greatest relevance.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis places Pearcedale well above average for employment performance across multiple indicators

Pearcedale has a balanced workforce with both white and blue collar jobs. The construction sector is prominent, with an unemployment rate of 3.1% as of June 2025.

Employment growth over the past year was estimated at 4.7%. Pearcedale's unemployment rate is 1.5% lower than Greater Melbourne's rate of 4.6%, and workforce participation is 66.7%, compared to Greater Melbourne's 64.1%. Major employment areas are construction, health care & social assistance, and retail trade. Construction has a particularly high share at 2.2 times the regional level.

However, professional & technical services have lower representation at 5.0% compared to Greater Melbourne's 10.1%. Employment opportunities locally appear limited based on Census data comparisons. Between June 2024 and June 2025, employment levels increased by 4.7%, labour force grew by 4.3%, reducing the unemployment rate by 0.3 percentage points. In contrast, Greater Melbourne saw employment grow by 3.5% while unemployment rose by 0.5 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Pearcedale's industry mix suggests local employment should increase by 6.1% over five years and 12.7% over ten years, though this is a simplified extrapolation for illustrative purposes only 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. Pearcedale's median income among taxpayers was $51,668 with an average of $63,029. This is below the national average. Greater Melbourne had a median income of $54,892 and an average of $73,761. Based on Wage Price Index growth since financial year 2022, current estimates for Pearcedale are approximately $57,951 (median) and $70,693 (average) as of September 2025. Census data shows household income ranks at the 65th percentile ($2,009 weekly), while personal income is at the 46th percentile. In Pearcedale, 35.2% of the population falls within the $1,500 - 2,999 income range, similar to regional levels at 32.8%. After housing costs, 85.9% of income remains for other expenses. Pearcedale's SEIFA income ranking places it in the 6th decile.

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

Pearcedale's dwelling structure, as per the latest Census, consisted of 97.5% houses and 2.6% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Melbourne metro had 0.0% houses and 0.0% other dwellings. Home ownership in Pearcedale stood at 37.9%, with mortgaged dwellings at 51.9% and rented dwellings at 10.1%. The median monthly mortgage repayment was $2,020, aligning with Melbourne metro's average, while the median weekly rent was $400, unlike Melbourne metro's figures of $0 for both. Nationally, Pearcedale's mortgage repayments exceeded the Australian average of $1,863, and rents surpassed the national figure of $375.

Pearcedale features high concentrations of family households, with a median household size of 2.9 people

Family households account for 83.9% of all households, including 40.9% couples with children, 31.8% couples without children, and 9.1% single parent families. Non-family households constitute the remaining 16.1%, with lone person households at 15.1% and group households comprising 1.3%. The median household size is 2.9 people.

Pearcedale shows below-average educational performance compared to national benchmarks, though pockets of achievement exist

The area's university qualification rate is 14.8%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 10.2%, followed by postgraduate qualifications (2.6%) and graduate diplomas (2.0%). Vocational credentials are prevalent, with 42.5% of residents aged 15+ holding such qualifications - advanced diplomas at 10.6% and certificates at 31.9%. Educational participation is high, with 27.3% of residents currently enrolled in formal education: 9.6% in primary, 8.4% in secondary, and 3.4% in tertiary education.

The area has two primary schools serving 711 students, demonstrating typical Australian school conditions (ICSEA: 1018) with balanced educational opportunities. Both schools focus on primary education, with secondary options available nearby. There are 18.0 school places per 100 residents, indicating strong educational infrastructure serving local and surrounding communities. Note that for schools showing 'n/a' in enrolments, please refer to the parent campus.

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

Pearcedale has 17 active public transport stops operating, with a mix of bus services. These stops are served by two routes, offering a total of 669 weekly passenger trips. Transport accessibility is limited, with residents typically located 617 meters from the nearest stop.

Services average 95 trips per day across all routes, equating to approximately 39 weekly trips per individual stop.

Health performance in Pearcedale is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Pearcedale faces significant health challenges with common health conditions prevalent across both younger and older age cohorts.

Private health cover is at approximately 52% of the total population (~2,047 people), slightly lagging behind the average SA2 area. The most common medical conditions are asthma and arthritis, impacting 9.0 and 8.5% of residents respectively. 68.1% of residents declared themselves completely clear of medical ailments, compared to 0% across Greater Melbourne. There are 17.9% of residents aged 65 and over (707 people). Health outcomes among seniors in Pearcedale are above average, performing better than the general population in health metrics.

Pearcedale is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Pearcedale had a lower than average cultural diversity, with 87.9% of its population born in Australia and 92.3% being citizens. English was spoken at home by 95.7% of the population. Christianity was the dominant religion, comprising 39.6%.

Judaism was not present (0.0%) compared to None% across Greater Melbourne. The top three ancestry groups were English (33.0%), Australian (32.3%), and Scottish (8.4%). Notably, Dutch ancestry was overrepresented at 2.6%, Serbian at 0.7%, and Hungarian at 0.4%.

Pearcedale hosts an older demographic, ranking in the top quartile nationwide

Pearcedale's median age is 41 years, notably higher than Greater Melbourne's average of 37 and slightly above Australia's median of 38. Comparing with Greater Melbourne, Pearcedale has a significantly higher proportion of residents aged 55-64 (14.7%) but fewer residents aged 25-34 (10.8%). Post the 2021 Census, the population aged 75 to 84 grew from 4.5% to 6.1%, while those aged 45 to 54 decreased from 14.3% to 13.1%. By 2041, Pearcedale's age profile is projected to change significantly. The 75 to 84 cohort is expected to grow by 58%, adding 140 residents to reach 382. Residents aged 65 and older are anticipated to represent 89% of the population growth. Meanwhile, declines are projected for those aged 55 to 64 and 5 to 14 years old.