Pearcedale - Tooradin

An assessment of population growth drivers in Pearcedale - Tooradin reveals an overall ranking slightly below national averages considering recent, and medium term trends

Pearcedale - Tooradin's population is around 8,258 as of Nov 2025. This reflects an increase of 234 people since the 2021 Census, which reported a population of 8,024. The change is inferred from ABS estimated resident population of 8,253 in June 2024 and additional 35 validated new addresses since the Census date. This level of population equates to a density ratio of 83 persons per square kilometer. Population growth was primarily driven by natural growth contributing approximately 80.7% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered, AreaSearch utilises VIC State Government's Regional/LGA projections released in 2023 with adjustments made employing 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 at population projections, the area is expected to grow by 486 persons to 2041 based on latest annual ERP population numbers, reflecting a gain of 5.8% in total over the 17 years.

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

Pearcedale - Tooradin has seen approximately 21 new homes approved annually. Over the past five financial years, from FY-21 to FY-25, around 107 homes were approved, with an additional 2 approved so far in FY-26. On average, about 0.9 people moved to the area each year for every dwelling built during this period.

This suggests that supply is meeting or exceeding demand, offering greater buyer choice and potentially supporting population growth above projections. The average construction value of new properties was around $299,000, consistent with regional patterns. In FY-26, $1.6 million in commercial approvals have been registered, indicating a predominantly residential focus. Compared to Greater Melbourne, Pearcedale - Tooradin has significantly less development activity, with 83.0% fewer new dwellings approved per person on average. This scarcity typically strengthens demand and prices for existing properties.

Nationally, the area also reflects lower levels of new building activity, suggesting market maturity and possible development constraints. The types of dwellings constructed in the area are predominantly detached houses (94.0%), with a smaller proportion being attached dwellings (6.0%). This preserves the area's low density nature and attracts space-seeking buyers. The estimated population per dwelling approval is 479 people, reflecting its quiet, low activity development environment. According to AreaSearch's latest quarterly estimate, Pearcedale - Tooradin is forecasted to gain around 481 residents by 2041. With current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

Pearcedale - Tooradin has emerging levels of nearby infrastructure activity, ranking in the 31stth percentile nationally

Five projects have been identified by AreaSearch as potentially impacting the area's performance. These key projects are Botanic Ridge Estate, Western Port Highway Upgrade (scheduled for completion in 2023), another Western Port Highway Upgrade project (commencing in 2024), and Cranbourne West Secondary College (opening in 2025).

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.

Pearcedale - Tooradin ranks among the top 25% of areas assessed nationally for overall employment performance

Pearcedale - Tooradin has a balanced workforce with both white and blue collar jobs. The construction sector is prominent, with an unemployment rate of 3.0% as of September 2025.

Employment growth in the past year was estimated at 5.1%. There are 4,753 residents currently employed, with an unemployment rate of 1.6% lower than Greater Melbourne's rate of 4.7%. Workforce participation is similar to Greater Melbourne's 64.1%. Key employment sectors include construction, health care & social assistance, and manufacturing.

Construction has a particularly high concentration at 2.2 times the regional average, while professional & technical services have limited presence at 4.0% compared to the regional average of 10.1%. Over the year to September 2025, employment increased by 5.1%, labour force grew by 4.7%, reducing unemployment by 0.4 percentage points. In comparison, Greater Melbourne had employment growth of 3.0%, labour force growth of 3.3%, and an increase in unemployment of 0.3 percentage points. Statewide, Victoria's employment grew by 1.13% year-on-year to November 25, with the state unemployment rate at 4.7%. Nationally, employment forecasts from May-25 project a 6.6% growth over five years and 13.7% over ten years. Applying these projections to Pearcedale - Tooradin's employment mix suggests local employment should increase by 6.0% over five years and 12.5% over ten years, though this is a simplified extrapolation for illustrative purposes only.

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

Pearcedale - Tooradin SA2 had median taxpayer income of $52,198 and average income of $63,549 in financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This was slightly below the national average for that year. Greater Melbourne's median income was $54,892 with an average of $73,761 during the same period. By September 2025, estimated incomes would be approximately $58,545 (median) and $71,277 (average), based on a 12.16% growth in wages since financial year 2022. Census data shows that incomes in Pearcedale - Tooradin cluster around the 53rd percentile nationally. The largest income bracket comprises 37.2% earning $1,500 - 2,999 weekly, with 3,071 residents falling into this category. After housing costs, 85.4% of income remains for other expenses. The area's SEIFA income ranking places it in the 5th decile.

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

In Pearcedale - Tooradin, as per the latest Census, 98.3% of dwellings were houses with the remaining 1.7% comprising semi-detached homes, apartments, and other types. This contrasts with Melbourne metro's figures of 91.5% houses and 8.5% other dwellings. Home ownership in Pearcedale - Tooradin stood at 35.0%, with mortgaged properties at 53.7% and rented ones at 11.3%. The median monthly mortgage repayment was $1,901, lower than Melbourne metro's average of $1,950. The median weekly rent in Pearcedale - Tooradin was $370, compared to Melbourne metro's $386. Nationally, mortgage repayments were higher at $1,863 and rents stood at $375.

Pearcedale - Tooradin features high concentrations of family households, with a lower-than-average median household size

Family households account for 80.3% of all households, including 39.7% couples with children, 29.4% couples without children, and 9.9% single parent families. Non-family households constitute the remaining 19.7%, with lone person households at 17.7% and group households comprising 1.9%. The median household size is 2.8 people, smaller than the Greater Melbourne average of 3.2.

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

The area's university qualification rate is 13.4%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 9.3%, followed by graduate diplomas (2.1%) and postgraduate qualifications (2.0%). Vocational credentials are held by 44.4% of residents aged 15+, with advanced diplomas at 10.2% and certificates at 34.2%. Educational participation is high, with 28.3% of residents currently enrolled in formal education.

This includes 10.6% in primary education, 8.3% in secondary education, and 3.0% pursuing tertiary education.

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

Pearcedale - Tooradin has 47 active public transport stops serving a mix of buses. These stops are covered by 6 individual routes, offering a total of 799 weekly passenger trips. Transport accessibility is rated as good, with residents on average located 396 meters from the nearest stop.

Service frequency averages 114 trips per day across all routes, equating to approximately 17 weekly trips per stop.

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

Pearcedale-Tooradin faces significant health challenges with common health conditions prevalent across both younger and older age cohorts. The rate of private health cover is approximately 51% of the total population (~4,228 people), slightly lagging behind the average SA2 area's 49.1%.

The most common medical conditions are arthritis (affecting 8.9%) and asthma (8.8%). Around 67.7% of residents report no medical ailments, compared to Greater Melbourne's 76.4%. The area has 18.0% of residents aged 65 and over (1,483 people), higher than Greater Melbourne's 9.6%. Health outcomes among seniors are above average, performing better than the general population in health metrics.

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

Pearcedale-Tooradin had a cultural diversity below average, with 87.7% of its population born in Australia, 90.6% being citizens, and 96.3% speaking English only at home. Christianity was the main religion, comprising 40.6%. Islam was significantly underrepresented at 0.4%, compared to Greater Melbourne's average of 11.1%.

The top three ancestry groups were Australian (32.9%), English (32.7%), and Scottish (7.6%). Dutch ethnicity was notably overrepresented at 2.6% compared to the regional average of 1.3%. Hungarian and Serbian ethnicities also showed notable divergences, with Hungarians at 0.4% (vs 0.4%) and Serbians at 0.4% (vs 0.5%).

Pearcedale - Tooradin's population is slightly older than the national pattern

Pearcedale - Tooradin has a median age of 40, which is slightly higher than Greater Melbourne's figure of 37 and Australia's national average of 38 years. In comparison with the Greater Melbourne average, the 55-64 age cohort is notably over-represented in Pearcedale - Tooradin, making up 14.5% of the local population, while the 25-34 age group is under-represented at 10.8%. Between 2021 and present, the 75 to 84 age group has increased from 4.1% to 5.8% of the population. Conversely, the 45 to 54 age cohort has decreased from 14.2% to 13.1%. By 2041, demographic modeling suggests Pearcedale - Tooradin's age profile will change significantly. The 75 to 84 age cohort is projected to grow by 60%, increasing from 476 to 761 people. Notably, the combined 65+ age groups are expected to account for 90% of total population growth, reflecting the area's aging demographic profile. Meanwhile, the 55-64 and 25-34 age cohorts are anticipated to experience population declines.