Industry Insights
Detailed data regarding the Peel Region’s economy can be found here.
Gross Regional Product
Peel Region’s Gross Regional Product (GRP) is estimated at $8.899 billion. Peel Region represents 2.5% of Western Australia’s Gross State Product (GSP) of $361.760 billion , and 0.4% of Australia’s Gross Domestic Product (GDP) of $2.067 trillion .
Of the total $8.899 billion Gross Regional Product (GRP) of Peel Region:
- $1.145 billion is contributed by Boddington (12.9%)
- $4.377 billion is contributed by Mandurah (49.2%)
- $1.489 billion is contributed by Murray (16.7%)
- $1.309 billion is contributed by Serpentine-Jarrahdale (14.7%)
- $580.076 million is contributed by Waroona (6.5%)
Industry by Business Size
The Peel region’s industry structure is characterised by a large number of non-employing businesses (62%) and those employing 1-4 people (27%) operating in population growth driven industries of construction, rental, hiring and real estate services and retail.
Businesses by Industry and Turnover
While only 0.1% of Peel businesses have a reported turnover of over $10 million, 42% of businesses turnover greater than $200 000, the majority of these in construction (927), retail (307) and rental, hiring and real estate services (257) industries.
Detailed data regarding the Peel Region’s People and population can be found here.
Population Growth
The Peel’s population growth has significantly exceeded that of WA and Australia over the past 20 years and will grow by 58.8% from 2016 to 2031. Over the same period Western Australia’s population will grow by 27% and Australia’s by 29.5%.
Age Demographic
The Peel region has a significantly higher percentage of its population aged over 50 than Western Australia. In 2021 the median age of Peel’s population was 43 compared to 38 for Western Australia and 38 for Australia.
Population by area
The Peel’s population centre is the Shire of Mandurah, the largest regional city in WA, while the Shire of Serpentine-Jarrahdale remains the fastest growing Local Government Area in WA (and the third fastest in Australia, with population growth of 5.9% in 2019.
Environment
Many people enjoy the natural wonders of the Murray River, Yalgorup National Park, beaches of the Indian Ocean and the Peel-Harvey Estuary, the largest and most diverse estuarine system in the south-west of WA. In the middle reaches of the Region are extensive areas of eucalypt forest and the Darling Scarp to the west of the forests provides an abrupt, stunning backdrop to the Coastal Plain.
Climate
The region’s moderate climate and distinctive physical features (beaches, Harvey Estuary and Darling Scarp) provide an excellent opportunity to enjoy a diverse range of outdoor passive and active recreational activities. The Peel Region is part of a climatic transition along the west coast of Western Australia from north to south towards cooler temperature and more consistent rainfall. With a coastal plain bordered inland by the Darling Scarp, the Peel Region is situated amongst the highest rainfall areas of South Western Australia