Piara Waters - Forrestdale
Statistical Area - sa2

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 around 22,295 as of August 2025. This reflects a growth of 6,246 people since the 2021 Census, which reported a population of 16,049. The increase is inferred from ABS data showing an estimated resident population of 20,548 in June 2024 and an additional 1,555 validated new addresses since the Census date. This results in a density ratio of 580 persons per square kilometer. Piara Waters - Forrestdale's growth rate of 38.9% since the 2021 census exceeded both national (8.6%) and state averages. Interstate migration contributed approximately 57.4% to this growth, with natural growth and overseas migration also being positive factors.

AreaSearch is using ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and Greater Capital Region projections from the ABS released in 2023 based on 2022 data for areas not covered by this data. Future projections indicate significant population 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 a total increase of 21.6% over the 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. The Australian Bureau of Statistics produces development approval data on a financial year basis, with 1,946 dwellings approved over the past five financial years, from FY-21 to FY-25, and an additional 61 in FY-26 so far. On average, 3.1 people have moved to the area for each dwelling built over these five years. This indicates that supply has been lagging demand, likely leading to increased buyer competition and pricing pressures.

New properties are being constructed at an average expected cost of $403,000, which aligns with regional patterns. In FY-26, commercial approvals valued at $57.0 million have been registered, suggesting strong local business investment. Compared to Greater Perth, Piara Waters - Forrestdale has 112.0% more construction activity per person, providing buyers with a wide range of choices and indicating robust developer confidence in the location. New building activity is predominantly detached houses at 99.0%, preserving the area's low-density nature and attracting space-seeking buyers. With around 57 people moving to the area for each dwelling approval, Piara Waters - Forrestdale exhibits characteristics of a growth area.

Population forecasts project an increase of 4,812 residents by 2041. Given current construction levels, housing supply should meet demand adequately, creating favorable conditions for buyers while potentially enabling growth that exceeds current projections.

Piara Waters - Forrestdale has emerging levels of nearby infrastructure activity, ranking in the 37thth percentile nationally

Infrastructure changes significantly influence an area's performance. AreaSearch has identified 55 projects that may impact this area. Notable ones include Piara Waters Lifestyle Resort, Ayana Estate, Aarya Estate by Satterley, and South-West Piara Waters Structure Plan. The following list details those most likely to be relevant.

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

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 1.3%, and there was estimated employment growth of 3.0% over the past year as of June 2025.

There are 11,778 residents in work, with an unemployment rate of 2.5% below Greater Perth's rate of 3.9%. Workforce participation is at 78.9%, compared to Greater Perth's 65.2%. Employment among residents is concentrated in health care & social assistance, construction, and retail trade.

Accommodation & food 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. Over the 12 months to June 2025, employment increased by 3.0% while labour force increased by 3.1%, keeping the unemployment rate relatively stable. Greater Perth recorded employment growth of 3.7% and a slight increase in unemployment. State-level data from Sep-25 shows WA employment contracted by 0.82%, with an unemployment rate of 4.3%. National forecasts suggest employment will expand by 6.6% over five years and 13.7% over ten years, though growth rates vary significantly between industry sectors. 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.

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

AreaSearch's data from financial year 2022 shows Piara Waters - Forrestdale had one of Australia's highest postcode incomes. The median income was $65,729 and the average was $77,124. This compares to Greater Perth's median income of $58,380 and average income of $78,020. Based on a 11.61% Wage Price Index growth since financial year 2022, estimates for March 2025 are approximately $73,360 (median) and $86,078 (average). Census data ranks Piara Waters - Forrestdale's incomes highly, between the 86th to 89th percentiles nationally. The dominant income bracket is $1,500-$2,999 with 44.4% of residents (9,898 people), similar to surrounding regions at 32.0%. Notably, 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. 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

The dwelling structure in Piara Waters - Forrestdale, as per the latest Census data, consists of 98.6% houses and 1.4% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Perth metro's 90.0% houses and 10.0% other dwellings. Home ownership in Piara Waters - Forrestdale stands at 9.8%, with mortgaged dwellings at 73.7% and rented dwellings at 16.5%. The median monthly mortgage repayment in the area is $2,028, higher than Perth metro's average of $1,750. The median weekly rent figure for Piara Waters - Forrestdale is $420, compared to Perth metro's $305. Nationally, Piara Waters - Forrestdale's mortgage repayments are above the Australian average of $1,863, while rents are substantially higher than 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, including 57.7% couples with children, 19.3% couples without children, and 8.3% single parent families. Non-family households comprise the remaining 13.7%, with lone person households at 11.7% and group households making up 2.0%. The median household size is 3.2 people, which is 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 significantly surpasses broader benchmarks. 38.8% of residents aged 15+ hold university qualifications, compared to 22.7% in the SA3 area and 27.9% in Western Australia. This substantial educational advantage positions the area strongly for knowledge-based opportunities. Bachelor degrees lead at 27.2%, followed by postgraduate qualifications (9.0%) and graduate diplomas (2.6%).

Trade and technical skills feature prominently, with 33.8% of residents aged 15+ holding vocational credentials – advanced diplomas (12.9%) and certificates (20.9%). Educational participation is notably high, with 33.9% of residents currently enrolled in formal education. This includes 14.7% in primary education, 6.9% in secondary education, and 4.7% pursuing tertiary education. A robust network of 9 schools operates within Piara Waters - Forrestdale, educating approximately 5,629 students. The area demonstrates above-average socio-educational conditions (ICSEA: 1058). The educational mix includes 5 primary, 1 secondary, and 3 K-12 schools. School capacity exceeds typical residential needs (25.2 places per 100 residents vs 20.2 regionally), indicating the area serves as an educational center for the broader region.

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 within its boundaries. These stops are serviced by a mix of bus routes, totaling five individual routes. Collectively, these routes provide 1,052 weekly passenger trips.

Transport accessibility is rated as good, with residents typically located 319 meters from the nearest transport stop. Service frequency averages 150 trips per day across all routes, equating to approximately 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 with low prevalence of common conditions across all ages. Private health cover stands at approximately 58% (12,886 people), higher than Greater Perth's 53.3%.

The most prevalent conditions are asthma and mental health issues, affecting 5.2% and 4.9% respectively. A total of 83.9% report no medical ailments, compared to 72.1% in Greater Perth. Residents aged 65 and over comprise 5.0% (1,119 people), 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, comprising 40.9% of the population. Notably, the 'Other' religious category makes up 6.7%, which is higher than Greater Perth's average of 3%.

In terms of ancestry, 'Other', English, and Australian are the top three groups represented in Piara Waters-Forrestdale at 19.5%, 19.0%, and 16.4% respectively, all differing significantly from their respective regional averages. South African (1.9%), Indian (12.9%), and Filipino (2.8%) ethnicities are notably overrepresented compared to Greater Perth's averages of 1.0%, 5.2%, and 2.1%.

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 materially younger than Greater Perth's average of 37 and significantly lower than the national average of 38 years. Compared to Greater Perth, Piara Waters - Forrestdale has a higher concentration of residents aged 35-44 (23.9%), but fewer residents aged 55-64 (5.5%). This concentration of residents aged 35-44 is well above the national average of 14.2%. According to post-2021 Census data, the age group of 45 to 54 has grown from 9.5% to 11.6%, while the age group of 5 to 14 increased from 18.3% to 20.1%. Conversely, the age group of 25 to 34 has declined from 18.9% to 14.9%, and the age group of 0 to 4 dropped from 11.4% to 8.8%. Demographic modeling suggests that Piara Waters - Forrestdale's age profile will evolve significantly by 2041, with the strongest projected growth in the 45 to 54 cohort (80%), adding 2,057 residents to reach 4,644. However, numbers in the 35 to 44 age range are expected to fall by 231.