Piara Waters - Forrestdale · Statistical Area 2 (SA2)

Economy & Advantage in Piara Waters - Forrestdale

How well-off the area is, how fast its population is growing, and the businesses and new homes here.

High levels of wealth and rapid expansion define daily life in Piara Waters - Forrestdale. This area is among the most advantaged in the region, with a population that has grown by 30.9% since the last census.

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📍 Piara Waters - Forrestdale, Statistical Area 2 (SA2)

Where Piara Waters - Forrestdale sits — Socio-economic advantage (IRSAD decile)

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All statistical area 2 (sa2) areas, 2021. The marker is Piara Waters - Forrestdale — higher than 71% of areas.

Socio-economic advantage (IRSAD decile) compared with the state and national average
Piara Waters - Forrestdale8
6112, WA 5

Socio-economic advantage

SEIFA indexes ranking relative advantage and disadvantage.

Residents here have a very high level of access to money and resources, scoring a 10 out of 10. This contributes to an overall advantage score of 1,068, which is higher than about 78% of similar areas.

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Higher than 71% of statistical area 2 (sa2) areas.

ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the 10% most advantaged. IRSAD summarises both advantage and disadvantage, so a high score reflects relatively many high-income, well-educated households and few low-income, low-skill ones.

9

Higher than 86% of statistical area 2 (sa2) areas.

ABS Index of Relative Socio-economic Disadvantage, 2021, as a national decile: 1 = among the 10% most disadvantaged areas in Australia, 10 = among the least disadvantaged. IRSD focuses on disadvantage alone (low income, low education, unemployment, unskilled occupations), so a higher decile means relatively less disadvantage.

10

Higher than 99% of statistical area 2 (sa2) areas.

ABS Index of Economic Resources, 2021, as a national decile: 1 = among the 10% lowest areas for economic resources in Australia, 10 = among the highest. IER reflects the income, housing costs, dwelling size and assets of households, so a higher decile means relatively greater economic resources.

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Higher than 64% of statistical area 2 (sa2) areas.

ABS Index of Education and Occupation, 2021, as a national decile: 1 = among the 10% lowest areas for education and occupation in Australia, 10 = among the highest. IEO reflects residents' qualifications and the skill level of their jobs, so a higher decile means a more highly educated and skilled workforce.

1,068

Higher than 77% of statistical area 2 (sa2) areas.

ABS Index of Relative Socio-economic Advantage and Disadvantage, 2021, as a raw index score (standardised so the Australian average is about 1000). Higher scores indicate relatively greater advantage; lower scores greater disadvantage.

Population growth

Annual population estimates and change since the census.

The population has surged to 21,815 people, a growth rate of 30.9% that is far above the Western Australian figure of 10.7%.

Business & building

Operating businesses and dwellings approved.

Business activity is strong for the area, with 1,947 businesses operating here, a count that is larger than about 87% of similar areas.

1,947

Higher than 86% of statistical area 2 (sa2) areas.

Operating businesses (ABS Counts of Australian Businesses), June 2025.

Sources

  • Socio-Economic Indexes for Areas (SEIFA) — Australian Bureau of Statistics, 2021 (CC BY 4.0).
  • Regional Population (Estimated Resident Population) — Australian Bureau of Statistics, 2024 (CC BY 4.0).
  • Counts of Australian Businesses & Building Approvals — Australian Bureau of Statistics, 2025 (CC BY 4.0).

More for Piara Waters - Forrestdale

Cite this page

Australian Bureau of Statistics. (2021). Economy & Advantage in Piara Waters - Forrestdale [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/506011308/piara-waters-forrestdale/topic/economy-advantage