Piara Waters - Forrestdale

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 an increase of 6,383 people since the 2021 Census, which reported a population of 16,049. The growth is inferred from ABS data showing an estimated resident population of 20,548 in June 2024 and an additional 1,598 validated new addresses since the Census date. This results in a density ratio of 583 persons per square kilometer. Piara Waters - Forrestdale's growth rate of 39.8% between the 2021 Census and November 2025 exceeded both national (8.9%) and state averages, indicating significant population expansion. Interstate migration contributed approximately 57.4% to overall population gains during recent periods, with natural growth and overseas migration also being positive factors.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 based on a 2022 base year. For areas not covered by this data, AreaSearch employs growth rates by age cohort from the ABS's latest Greater Capital Region projections (released in 2023 using 2022 data) to estimate post-2032 growth. Future population dynamics suggest a significant increase for Piara Waters - Forrestdale, with an expected rise of 6,559 persons by 2041 based on the latest annual ERP population numbers, reflecting an overall increase of approximately 20.8% over 17 years.

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 has averaged approximately 389 new dwelling approvals annually since FY-21. Over the past five financial years, from FY-21 to FY-25, a total of 1,946 homes have been approved, with an additional 243 approved in FY-26 as of now. Each year, around 3.1 people on average move into the area for each dwelling built during these five financial years.

This indicates that supply is falling behind demand, which typically leads to increased buyer competition and pricing pressures. New properties are constructed at an average expected cost value of $229,000, which is below regional levels, offering more affordable housing options for buyers. In FY-26, commercial approvals valued at $57.0 million have been registered, suggesting strong local business investment in the area. Compared to Greater Perth, Piara Waters - Forrestdale has seen 112.0% more construction activity per person since FY-21, which should provide buyers with a wider range of housing choices. This level of activity is significantly higher than national averages, indicating robust developer confidence in the location.

The majority of new building activity consists of detached houses (99.0%), preserving the area's low-density nature and appealing to space-seeking buyers. With approximately 57 people moving into the area for each dwelling approval, Piara Waters - Forrestdale exhibits characteristics of a growth area. According to AreaSearch's latest quarterly estimate, the area is projected to gain around 4,675 residents by 2041. Given current construction levels, housing supply should adequately meet demand, creating favorable conditions for buyers while potentially enabling population growth that exceeds current forecasts.

Piara Waters - Forrestdale has emerging levels of nearby infrastructure activity, ranking in the 32ndth percentile nationally

Local infrastructure changes significantly influence an area's performance. AreaSearch has identified 50 potential impact projects in total. Key ones include Piara Waters Lifestyle Resort, Aarya Estate by Satterley, Ayana Estate, and South-West Piara Waters Structure Plan. The following list details those likely most relevant.

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 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 essential services sectors well represented. The unemployment rate is 1.4% and there was an estimated employment growth of 2.7% in the past year as of September 2025.

There are 12,124 residents employed while the unemployment rate is 2.6% lower than Greater Perth's rate of 4.0%. Workforce participation stands at 78.9%, significantly higher than Greater Perth's 65.2%. Employment is concentrated in health care & social assistance, construction, and retail trade.

The accommodation & food sector has 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 comparison between working population and resident population. Over the 12 months to September 2025, employment increased by 2.7% while labour force increased by 2.9%, leading to a rise in unemployment rate of 0.1 percentage points. Greater Perth recorded employment growth of 2.9% during this period. State-level data as of 25-Nov shows WA employment contracted by 0.27% with the state unemployment rate at 4.6%. Jobs and Skills Australia's national employment forecasts from May-25 project a 6.6% increase over five years and 13.7% over ten years nationally. Applying these projections to Piara Waters - Forrestdale's employment mix suggests local employment should increase by 6.5% over five years and 13.7% over ten years, assuming constant population growth for illustrative purposes.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's latest postcode level ATO data for financial year 2022 shows that Piara Waters - Forrestdale SA2 has one of the highest incomes in Australia. The median income is $65,729 and the average income is $77,124. This contrasts with Greater Perth's median income of $58,380 and average income of $78,020. Based on Wage Price Index growth of 14.2% since financial year 2022, current estimates for Piara Waters - Forrestdale SA2 would be approximately $75,063 (median) and $88,076 (average) as of September 2025. Census data reveals that incomes in Piara Waters - Forrestdale SA2 rank highly nationally, between the 85th and 89th percentiles for household, family, and personal incomes. The income bracket of $1,500 to $2,999 dominates with 44.4% of residents (9,959 people), which is higher than the surrounding region's 32.0%. A significant 34.9% earn above $3,000 weekly. High housing costs consume 17.0% of income, but strong earnings place disposable income at the 87th percentile nationally. The area's SEIFA income ranking places it in the 7th decile.

Piara Waters - Forrestdale is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Dwelling structure in Piara Waters - Forrestdale, as per the latest Census, consisted of 98.6% houses and 1.4% other dwellings (semi-detached, apartments, 'other' dwellings), compared 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 for Piara Waters - Forrestdale was $420, compared to Perth metro's $305. Nationally, mortgage repayments were lower at $1,863 and rents were substantially below the national figure of $375.

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, consisting of 57.7% couples with children, 19.3% couples without children, and 8.3% single parent families. Non-family households make up 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, larger than the Greater Perth average of 2.8.

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 is notably high, with 38.8% of residents aged 15 years and over holding university qualifications as of the latest data point, compared to 22.7% in the broader SA3 area and 27.9% in Western Australia overall. This educational advantage is reflected in various credentials: bachelor degrees lead at 27.2%, followed by postgraduate qualifications (9.0%) and graduate diplomas (2.6%). Vocational skills are also prominent, with 33.8% of residents aged 15 years and over holding such credentials, including advanced diplomas (12.9%) and certificates (20.9%). Educational participation is notably high in the area, with 33.9% of residents currently enrolled in formal education programs as of the latest figures available.

This includes 14.7% in primary education, 6.9% in secondary education, and 4.7% pursuing tertiary education.

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, all of which are bus stops. These stops are served by five different routes that together facilitate 1,052 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically located approximately 319 meters from the nearest transport stop.

On average, there are 150 trips per day across all routes, which equates to roughly 26 weekly trips per individual stop.

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 age groups, with very low prevalence of common health conditions. Approximately 58% (~12,965 people) have private health cover, higher than Greater Perth's 53.3%.

The most prevalent medical conditions are asthma (5.2%) and mental health issues (4.9%), while 83.9% report being completely clear of medical ailments, compared to 72.1% in Greater Perth. Only 5.0% (~1,126 people) are aged 65 and over, lower than Greater Perth's 12.8%. Senior health outcomes align with the general population's profile.

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, there is an overrepresentation in the 'Other' category, comprising 6.7% compared to 3.0% across Greater Perth.

In terms of ancestry, the top groups are Other at 19.5%, English at 19.0%, and Australian at 16.4%. Notably, Indian (12.9%), South African (1.9%), and Filipino (2.8%) populations are overrepresented compared to regional averages of 5.2%, 1.0%, and 2.1% respectively.

Piara Waters - Forrestdale hosts a very young demographic, ranking in the bottom 10% of areas nationwide

Piara Waters-Forrestdale has a median age of 32 years, which is younger than Greater Perth's average of 37 years and significantly lower than Australia's 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 concentration of 35-44 year-olds is notably higher than the national average of 14.2%. According to data from the 2021 Census, the population aged 45 to 54 has increased from 9.5% to 11.6%, while the 5 to 14 age group has risen from 18.3% to 20.1%. Conversely, the percentage of residents aged 25 to 34 has declined from 18.9% to 14.9%, and the 0 to 4 age group has dropped from 11.4% to 8.8%. By 2041, demographic projections suggest that Piara Waters-Forrestdale's age profile will change significantly. The 45 to 54 cohort is expected to grow by 78%, adding 2,041 residents and reaching a total of 4,644. However, population declines are projected for the 0 to 4 and 35 to 44 age cohorts.