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ABS 2021 Census · Updated 21 May 2026
Pegs Creek is a regional centre in Western Australia, Australia, with a population of approximately 2,050, making it a boutique locality. Located approximately 1251 km from the Perth CBD, Pegs Creek is a regional area in Western Australia. The median household income is $125,840 per year.
Strong household incomes in Pegs Creek underpin solid property demand. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.
Official Australia Post postcode for Pegs Creek. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Pegs Creek on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Pegs Creek is a smaller community of 2,050 — about 37% of the Western Australia suburb median (5,605) — so investors should factor in the narrower buyer pool and longer average time-on-market. Median household income of $125,840/year runs 26% above the Western Australia suburb median of $99,736, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Median weekly rent of $367 equates to $1,590/month — about 92% of the median mortgage repayment of $1,733/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. Pegs Creek is 1251 km from Perth, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand. Only 43% of dwellings are separate houses (vs 79% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.
This suburb suits yield-focused investors who are comfortable with lower liquidity. Employment concentration and local population trends matter more here than in metro markets. Local rents consume roughly 15% of household income — a useful sanity check on tenant affordability.
How Pegs Creek stacks up against the median of all Western Australia suburbs in our dataset. Positive values mean Pegs Creek sits above the state median; negative means below.
| Metric | Pegs Creek | WA median | Δ vs state |
|---|---|---|---|
| Population | 2,050 | 5,605 | -63% |
| Median household income | $125,840/yr | $99,736/yr | +26% |
| Median rent (weekly) | $367 | $350 | +5% |
| Median mortgage (monthly) | $1,733 | $1,902 | -9% |
| Distance to CBD | 1251 km | 20 km | +6155% |
| Separate houses | 43% | 79% | -36pp |
Pre-inspection briefing for Pegs Creek — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 2,050 means liquidity is thin and capital growth tends to lag the wider Western Australia market over full cycles.
Strong rental coverage: $367/week (~$1,590/month) covers 92% of the $1,733/month median mortgage repayment, so the shortfall sits at just $143/month. Investors targeting positive cash flow should shortlist this suburb.
Only 43% of dwellings are separate houses (vs 79% WA median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.
Run the numbers on a Pegs Creek property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Pegs Creek are modest for 2026 — incomes 26% above the WA median of $99,736 and a population of 2,050 suggest gains will lag headline metro markets. Rental coverage runs at ~92% of the typical mortgage ($1,590/month rent vs $1,733/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 50/100 places Pegs Creek in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Pegs Creek scores 50/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 2,050, median household income of $125,840/year and median weekly rent of $367. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Pegs Creek are an above-state-median household income of $125,840/year, a dwelling mix that is 43% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Pegs Creek has a usual resident population of approximately 2,050, compared with a Western Australia suburb median of 5,605 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Pegs Creek sits 1251 km straight-line from the Perth CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.
The most recent census recorded a median weekly rent of $367 in Pegs Creek, equating to approximately $19,084/year in gross rental income (state median $350/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Pegs Creek is $1,733, or approximately $20,796/year (vs $1,902/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $367 works out to $1,590/month, covering 92% of the median mortgage repayment of $1,733/month. That leaves a $143/month shortfall (around $1,716/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (2,050 residents), interest-rate sensitivity on the $1,733 median mortgage, the broader Western Australia market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.