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Sales Activity
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Population
Piara Waters - Forrestdale lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends
Piara Waters - Forrestdale's population was approximately 22,432 as of November 2025. This figure represents a 6,383 person increase (39.8%) since the 2021 Census, which reported a population of 16,049 people. This growth is inferred from an estimated resident population of 20,548 in June 2024 and an additional 1,598 validated new addresses since the Census date. The population density was around 583 persons per square kilometer. Piara Waters - Forrestdale's growth exceeded both national (8.9%) and state averages, marking it as a significant growth leader in the region. Interstate migration contributed approximately 57.4% of overall population gains during recent periods, with natural growth and overseas migration also being positive factors.
AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area released in 2024 using 2022 as the base year. For areas not covered by this data, AreaSearch utilised growth rates by age cohort provided by the ABS in its latest Greater Capital Region projections released in 2023 based on 2022 data. Future population dynamics forecast a significant increase in the top quartile of statistical areas analysed by AreaSearch, with Piara Waters - Forrestdale expected to increase by 6,559 persons to 2041, reflecting an increase of approximately 20.8% over the 17 years.
Frequently Asked Questions - Population
Development
The level of residential development activity in Piara Waters - Forrestdale was found to be higher than 90% of real estate markets across the country
Piara Waters - Forrestdale averaged approximately 389 new dwelling approvals annually over the past five financial years, from FY21 to FY25, totaling 1,946 homes. In FY26 up to June, 156 dwellings have been approved. On average, 3.1 people moved to the area per dwelling built during these years, indicating substantial demand outpacing supply and potentially heightened buyer competition with pricing pressures.
The average construction cost of new properties was $229,000, lower than regional levels, offering more affordable housing options for buyers. In FY26, commercial approvals totaled $57.0 million, reflecting robust local business investment. Compared to Greater Perth, Piara Waters - Forrestdale had 112.0% more construction activity per person as of June 2022, suggesting strong developer confidence and ample housing choice for buyers. The area's new building activity comprised predominantly detached houses (99.0%) with a minimal share of attached dwellings (1.0%), maintaining its low-density character and attracting space-seeking buyers. With around 57 people moving in per dwelling approval, Piara Waters - Forrestdale exhibits growth area characteristics.
Population forecasts project an increase of 4,675 residents by 2041. Assuming current construction levels continue, housing supply should meet demand adequately, creating favorable conditions for buyers while potentially facilitating population growth exceeding current projections.
Frequently Asked Questions - Development
Infrastructure
Piara Waters - Forrestdale has emerging levels of nearby infrastructure activity, ranking in the 37thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 50 projects likely affecting the region. Notable initiatives include Piara Waters Lifestyle Resort, Ayana Estate, Aarya Estate by Satterley, and South-West Piara Waters Structure Plan. The following list details projects of particular relevance.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Nicholson Road Local Shopping Centre
Approved neighbourhood centre with a main street design, including 11 shops (supermarket and chemist), convenience store/service station, medical centre, 2 fast food outlets, gym, restaurant, and child care premises.
Piara Village Shopping Centre
A $40 million mixed-use neighbourhood shopping centre and extension of the CY OConnor Village Pub precinct. It features Tucker Fresh IGA supermarket, Nido Childcare, Garden Medical Centre, Chemist Warehouse, BP Service Station, BobaBoba Bubble Tea, Banter Fitness, physiotherapy, hairdressing services, and four fast food outlets.
Stockland Harrisdale Shopping Centre
Neighbourhood shopping centre within Stockland Newhaven, anchored by Woolworths and ALDI with ~30 specialty stores and alfresco dining. Officially opened in June 2016 and designed for future expansion, with Green Star targeted design and on-site solar and energy-efficient systems.
Stockland Calleya Estate
145-hectare masterplanned community featuring 2,300 residential lots including retirement living, medium density housing, parks, primary school and local centre. Built on former sand quarry site with 6 Star Green Star Communities rating.
Piara Waters Pavilion and Reserve
Piara Waters Pavilion and Reserve is a community and sporting hub completed in 2014 for the growing Piara Waters area. The facility includes a multi use sports pavilion with four change rooms, a main hall, commercial kitchen, social and meeting spaces, and spectator seating overlooking a full size playing field. Designed with crime prevention and environmental sustainability in mind, the building uses generous eaves and translucent soffits to bring natural light into internal spaces while controlling heat. Outside, the pavilion connects directly to the oval, floodlights, car parking and a family friendly playground with shaded alfresco areas, providing a year round venue for local sporting clubs, community groups and events.
Stockland Sienna Wood Town Centre
New retail hub in Sienna Wood masterplanned community in Hilbert, Perth's south-east corridor. Part of broader residential development with lakes, parks and commercial facilities.
Lake Treeby Private Estate
62-hectare premium private land estate by Perron Group designed around health and wellbeing, centred around picturesque lake with over 1,000 residential lots. Features walkable leafy streets, beautiful parks and active play spaces.
Piara Waters Lifestyle Resort
Western Australia's first 100% solar and battery microgrid lifestyle resort for over 50s. Features include a clubhouse with indoor heated pool, beach entry outdoor pool, spa, cafe/bar, cinema, gym, bowling green, pickleball courts, workshop, dog park, Lake House for private functions, caravan and boat storage, and various home designs. Developed by Providence Lifestyle.
Employment
AreaSearch analysis of employment trends sees Piara Waters - Forrestdale performing better than 90% of local markets assessed across Australia
Piara Waters - Forrestdale has a highly educated workforce with significant representation in essential services sectors. The unemployment rate is 1.3%, lower than Greater Perth's rate of 3.9%.
Employment growth over the past year was estimated at 3.0%. As of June 2025, 11,778 residents are employed while the local unemployment rate is 2.5% below Greater Perth's rate. Workforce participation in Piara Waters - Forrestdale is 78.9%, higher than Greater Perth's 65.2%.
Employment is concentrated in health care & social assistance, construction, and retail trade. Accommodation & food services have a limited presence with 5.8% employment compared to the regional average of 6.8%. The area appears to offer limited local employment opportunities based on Census data comparisons. Over the year to June 2025, employment increased by 3.0% and labour force by 3.1%, maintaining a stable unemployment rate. Greater Perth recorded higher employment growth at 3.7% but with an increase in unemployment of 0.1 percentage points. National employment forecasts from Jobs and Skills Australia indicate a projected expansion of 6.6% over five years and 13.7% over ten years. Applying these projections to Piara Waters - Forrestdale's employment mix suggests local growth of approximately 6.5%% over five years and 13.7% over ten years, though this is a simplified extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
AreaSearch's data for financial year 2022 shows Piara Waters - Forrestdale has high incomes. The median is $65,729 and the average is $77,124. Perth's figures are lower: median at $58,380 and average at $78,020. By September 2025, estimated incomes would be around $75,063 (median) and $88,076 (average), based on a 14.2% Wage Price Index growth since financial year 2022. Census data ranks Piara Waters - Forrestdale's incomes between the 86th and 89th percentiles nationally. The $1,500 - 2,999 income bracket dominates with 44.4% of residents (9,959 people). Notably, 34.9% earn above $3,000 weekly. Housing costs consume 17.0% of income, but strong earnings place disposable income at the 87th percentile. The area's SEIFA income ranking is in the 7th decile.
Frequently Asked Questions - Income
Housing
Piara Waters - Forrestdale is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region
In Piara Waters - Forrestdale, as per the latest Census, 98.6% of dwellings were houses, with 1.4% being semi-detached, apartments, or other types. This compares to Perth metro's 90.0% houses and 10.0% other dwellings. Home ownership in Piara Waters - Forrestdale was at 9.8%, with mortgaged dwellings at 73.7% and rented ones at 16.5%. The median monthly mortgage repayment in the area was $2,028, higher than Perth metro's average of $1,750. The median weekly rent figure was $420, compared to Perth metro's $305. Nationally, Piara Waters - Forrestdale's mortgage repayments were above the Australian average of $1,863, and rents were substantially higher than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Piara Waters - Forrestdale features high concentrations of family households, with a higher-than-average median household size
Family households account for 86.3% of all households, including 57.7% couples with children, 19.3% couples without children, and 8.3% single parent families. Non-family households constitute the remaining 13.7%, with lone person households at 11.7% and group households comprising 2.0%. The median household size is 3.2 people, which is larger than the Greater Perth average of 2.8.
Frequently Asked Questions - Households
Local Schools & Education
Piara Waters - Forrestdale shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Educational attainment in Piara Waters - Forrestdale significantly surpasses broader benchmarks. As of 2016 Census data, 38.8% of residents aged 15+ hold university qualifications compared to 22.7% in the SA3 area and 27.9% in Western Australia. Bachelor degrees are most prevalent at 27.2%, followed by postgraduate qualifications (9.0%) and graduate diplomas (2.6%). Trade and technical skills are also notable, with 33.8% of residents aged 15+ holding vocational credentials - advanced diplomas (12.9%) and certificates (20.9%).
Educational participation is high, with 33.9% of residents currently enrolled in formal education as of 2016 Census data. This includes 14.7% in primary education, 6.9% in secondary education, and 4.7% pursuing tertiary education. As of 2021, a robust network of nine schools operates within Piara Waters - Forrestdale, educating approximately 5,629 students while the area demonstrates above-average socio-educational conditions (ICSEA: 1058). The educational mix includes five primary, one secondary, and three K-12 schools. School capacity exceeds typical residential needs with 25.2 places per 100 residents versus the regional average of 20.2, indicating the area serves as an educational center for the broader region. Note: where schools show 'n/a' for enrolments, please refer to parent campus data.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Piara Waters - Forrestdale has 40 active public transport stops operating, all of which are bus stops. These stops are serviced by five individual routes that collectively provide 1,052 weekly passenger trips. The transport accessibility in the area is rated as good, with residents typically located 319 meters from the nearest transport stop.
On average, there are 150 trips per day across all routes, equating to approximately 26 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Piara Waters - Forrestdale's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Piara Waters - Forrestdale shows excellent health outcomes across all ages, with very low prevalence of common conditions. Private health cover stands at approximately 58% (12,965 people), compared to Greater Perth's 53.3%.
The most prevalent conditions are asthma and mental health issues, affecting 5.2% and 4.9%, respectively, while 83.9% report no medical ailments, higher than the Greater Perth average of 72.1%. Only 5.0% (1,126 people) are aged 65 and over, lower than Greater Perth's 12.8%. Seniors' health outcomes align with those of the general population.
Frequently Asked Questions - Health
Cultural Diversity
Piara Waters - Forrestdale is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics
Piara Waters-Forrestdale has a high level of cultural diversity, with 44.8% of its population speaking a language other than English at home and 49.6% born overseas. Christianity is the predominant religion in Piara Waters-Forrestdale, making up 40.9% of people. However, the most notable overrepresentation is in the 'Other' category, comprising 6.7% of the population compared to Greater Perth's average of 3.0%.
In terms of ancestry, the top three groups are Other (19.5%), English (19.0%), and Australian (16.4%). Notably, South African ancestry is overrepresented at 1.9%, Indian at 12.9%, and Filipino at 2.8% compared to regional averages.
Frequently Asked Questions - Diversity
Age
Piara Waters - Forrestdale hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Piara Waters-Forrestdale's median age is 32 years, which is younger than Greater Perth's average of 37 years and the national average of 38 years. Compared to Greater Perth, Piara Waters-Forrestdale has a higher percentage of residents aged 35-44 (23.9%), but fewer residents aged 55-64 (5.5%). This 35-44 concentration is significantly higher than the national average of 14.2%. According to data from the 2021 Census, the percentage of residents aged 45-54 increased from 9.5% to 11.6%, while those aged 5-14 increased from 18.3% to 20.1%. Conversely, the percentage of residents aged 25-34 decreased from 18.9% to 14.9%, and the percentage of those aged 0-4 dropped from 11.4% to 8.8%. By 2041, demographic modeling suggests that Piara Waters-Forrestdale's age profile will change significantly. The 45-54 cohort is projected to grow by 78%, adding 2,041 residents to reach a total of 4,644. However, population declines are expected for the 0-4 and 35-44 cohorts.