Torrens

An assessment of population growth drivers in Torrens reveals an overall ranking slightly below national averages considering recent, and medium term trends

Torrens' population was 2,426 as of November 2025, an increase of 2 people from the 2021 Census figure of 2,424. This change is inferred from ABS's estimated resident population of 2,418 in June 2024 and 9 validated new addresses since the Census date. The population density was 1,866 persons per square kilometer, above national averages assessed by AreaSearch. Overseas migration contributed approximately 71.2% of overall population gains recently. AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022.

For areas not covered and years post-2032, ACT Government's SA2 area projections with a 2022 base are adopted. By 2041, the population is projected to decline by 169 persons, but specific age cohorts like the 65 to 74 group are expected to grow by 28 people.

Residential development activity is lower than average in Torrens according to AreaSearch's national comparison of local real estate markets

Torrens has seen approximately 10 new homes approved each year over the past five financial years, totalling 51 homes. In FY26 so far, 6 approvals have been recorded. Over these five years, an average of 2.2 new residents per year was gained for each dwelling built, indicating strong demand which supports property values. New homes are being constructed at an average value of $322,000, moderately above regional levels, suggesting a focus on quality construction.

This financial year has seen $132,000 in commercial development approvals, reflecting the area's residential nature. Compared to Australian Capital Territory, Torrens records significantly lower building activity, at 74.0% below the regional average per person, which typically reinforces demand and pricing for existing properties. New developments consist of 88.0% standalone homes and 12.0% medium and high-density housing, maintaining Torrens' traditional suburban character with a focus on family homes. With around 444 people per approval, Torrens indicates a mature market.

Population projections suggest stability or decline, which should reduce housing demand pressures, benefiting potential buyers.

Torrens has emerging levels of nearby infrastructure activity, ranking in the 28thth percentile nationally

Changes to local infrastructure, major projects, and planning initiatives significantly influence an area's performance. AreaSearch has identified 0 projects likely to impact the area. Key projects include Athllon Drive Duplication, Mawson Group Centre Upgrade, Mixed-Use Complex In Mawson, and Canberra Hospital Master Plan. The following list details those most relevant.

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

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AreaSearch analysis places Torrens well above average for employment performance across multiple indicators

Torrens has a highly educated workforce with strong representation in professional services. The unemployment rate was 2.7% as of the past year, with an estimated employment growth of 1.2%. As of September 2025, 1,313 residents are employed, with an unemployment rate of 0.8% below the Australian Capital Territory's rate of 3.6%.

Workforce participation is similar to the Australian Capital Territory's 72.5%. According to Census responses, 13.6% of residents work from home. The dominant employment sectors include public administration & safety, health care & social assistance, and professional & technical services.

Conversely, accommodation & food services show lower representation at 4.7% compared to the regional average of 6.5%. The predominantly residential area offers limited local employment opportunities, as indicated by the count of Census working population versus resident population. In the 12-month period ending in May-25, employment increased by 1.2% alongside labour force increasing by 1.2%, leaving unemployment broadly flat. In contrast, Australian Capital Territory experienced employment growth of 1.4% and labour force growth of 1.2%, with a 0.2 percentage point drop in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 suggest that national employment will expand by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these projections to Torrens's employment mix suggests local employment should increase by 6.8% over five years and 13.8% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

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 2023 shows income in Torrens SA2 is exceptionally high nationally. The median income is $75,737 and the average income stands at $97,606. This contrasts with Australian Capital Territory's figures of a median income of $72,206 and an average income of $85,981. Based on Wage Price Index growth of 9.26% since financial year 2023, current estimates would be approximately $82,750 (median) and $106,644 (average) as of September 2025. Census data reveals household, family and personal incomes all rank highly in Torrens, between the 92nd and 94th percentiles nationally. Income brackets indicate 30.6% of the population (742 individuals) fall within the $4000+ income range, contrasting with the region where the $1,500 - 2,999 bracket leads at 34.3%. Economic strength emerges through 45.6% of households achieving high weekly earnings exceeding $3,000, supporting elevated consumer spending. After housing costs, residents retain 87.0% of income, reflecting strong purchasing power and the area's SEIFA income ranking places it in the 9th decile.

Torrens is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Dwelling structure in Torrens, as evaluated at the latest Census in 2016, comprised 84.8% houses and 15.2% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Australian Capital Territory's 63.3% houses and 36.7% other dwellings. Home ownership in Torrens was at 36.2%, with mortgaged dwellings at 38.7% and rented dwellings at 25.1%. The median monthly mortgage repayment in the area was $2,470, while the median weekly rent figure was recorded at $478. Nationally, Torrens's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.

Torrens has a typical household mix, with a higher-than-average median household size

Family households account for 74.2% of all households, including 38.5% couples with children, 24.5% couples without children, and 10.1% single parent families. Non-family households constitute the remaining 25.8%, with lone person households at 22.2% and group households comprising 3.6%. The median household size is 2.7 people, which is larger than the Australian Capital Territory average of 2.5.

Torrens shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Torrens' residents aged 15+ have a higher university qualification rate of 48.6%, exceeding Australia's 30.4%. University qualifications include bachelor degrees (29.3%), postgraduate (13.9%), and graduate diplomas (5.4%). Vocational pathways account for 24.0% - advanced diplomas at 9.3% and certificates at 14.7%. Educational participation is high, with 32.5% currently enrolled in formal education: primary (11.3%), secondary (9.4%), tertiary (6.1%).

Educational participation is notably high, with 32.5% of residents currently enrolled in formal education. This includes 11.3% in primary education, 9.4% in secondary education, and 6.1% pursuing tertiary education.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Torrens has 11 operational public transport stops, all serving buses. These stops are covered by 33 different routes, offering a combined total of 3085 weekly passenger trips. The accessibility of these stops is rated as good, with residents typically living 229 meters from the nearest stop. As predominantly residential, most commuters travel outward. Cars remain the primary mode at 86%, while buses account for 9%. Each dwelling averages 1.5 vehicles, exceeding regional norms.

According to the 2021 Census, 13.6% of residents work from home, potentially influenced by COVID-19 conditions. Across all routes, service frequency averages 440 trips daily, equating to around 280 weekly trips per individual stop.

Torrens's residents are extremely healthy with prevalence of common health conditions low among the general population and nearer the nation's average across older, at risk cohorts

Analysis of health metrics indicates strong performance across Torrens based on AreaSearch's assessment. Mortality rates and chronic condition prevalence were low among the general population, nearing the nation's average for older, at-risk cohorts. Approximately 70% of Torrens' total population (1,690 people) had private health cover, compared to 62.4% in Australian Capital Territory and a national average of 55.7%.

The most prevalent medical conditions were asthma and mental health issues, affecting 8.0% and 8.0% of residents respectively. 70.9% reported being completely clear of medical ailments, compared to 70.2% in Australian Capital Territory. The under-65 population showed better than average health outcomes. Torrens has 15.9% of residents aged 65 and over (384 people), higher than the 14.1% in Australian Capital Territory. Health outcomes among seniors were above average but ranked lower nationally than those of the broader population.

The level of cultural diversity witnessed in Torrens was found to be slightly above average when compared nationally for a number of language and cultural background related metrics

Torrens, surveyed in July-August 2016, had a higher cultural diversity than most local markets, with 25.2% of its population born overseas and 19.8% speaking a language other than English at home. Christianity was the predominant religion in Torrens, accounting for 46.4% of the population as of July-August 2016. Hinduism showed an overrepresentation in Torrens with 3.6%, compared to the Australian Capital Territory's 4.8%.

The top three ancestry groups were English (24.1%), Australian (23.7%), and Other (9.5%). Notable divergences included Polish (1.1% vs regional 0.8%), French (0.8% vs regional 0.5%), and Croatian (1.0% vs regional 0.9%).

Torrens's population aligns closely with national norms in age terms

Torrens has a median age of 39, which is higher than the Australian Capital Territory's figure of 35 and comparable to Australia's median age of 38. The age group of 5-14 years old makes up 15.2% of Torrens' population, compared to the Australian Capital Territory. However, the 25-34 age group is less prevalent in Torrens at 9.3%. Between 2021 and the present, the 15-24 age group has grown from 12.1% to 13.3%, while the 35-44 cohort increased from 14.0% to 15.2%. Conversely, the 45-54 age group declined from 15.1% to 13.3%, and the 25-34 group dropped from 10.5% to 9.3%. Looking ahead to 2041, demographic projections show significant shifts in Torrens' age structure. The 65-74 age group is expected to grow by 10 people, reaching 211 from 192, and will comprise all of the projected population growth. Meanwhile, the 45-54 and 15-24 cohorts are projected to experience population declines.