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 approximately 2,420 as of November 2025. This reflected a decrease of 4 people since the 2021 Census, which reported a population of 2,424 people. The change was inferred from an estimated resident population of 2,418 in June 2024 and an additional 9 validated new addresses since the Census date. This resulted in a density ratio of 1,861 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Overseas migration contributed approximately 71.2% of overall population gains during recent periods.

AreaSearch adopted 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, age group growth rates from the ACT Government's SA2 area projections were used, also based on 2022. Population projections indicated a decline by 169 persons by 2041, with the 65 to 74 age group projected to increase 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 the current financial year FY-26, 5 approvals have been recorded to date. On average, 2.2 new residents per year have been gained for each dwelling built between FY-21 and FY-25, indicating strong demand which supports property values. New homes are being constructed at an average expected cost of $322,000, which is moderately above regional levels, suggesting a focus on quality construction.

In FY-26, $132,000 in commercial development approvals have been recorded, reflecting the area's residential nature. Compared to the Australian Capital Territory, Torrens records significantly lower building activity, which is 74.0% below the regional average per person. This constrained new construction 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 the area's traditional suburban character with a focus on family homes.

The population density is around 444 people per approval, indicating a mature market. Population projections suggest stability or decline, which should reduce housing demand pressures in Torrens, benefiting potential buyers.

Torrens has emerging levels of nearby infrastructure activity, ranking in the 27thth percentile nationally

Local infrastructure changes significantly influence an area's performance. AreaSearch has identified a total of 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, with the following list detailing 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 an educated workforce with professional services well represented. The unemployment rate is 2.7%, with estimated employment growth of 1.2% in the past year.

As of September 2025, 1,313 residents are employed, with an unemployment rate of 0.8% below the Australian Capital Territory's (ACT) rate of 3.6%. Workforce participation is lower at 66.8% compared to ACT's 69.6%. Dominant employment sectors include public administration & safety, health care & social assistance, and professional & technical services.

Accommodation & food services show lower representation at 4.7% versus the regional average of 6.5%. Employment opportunities may be limited locally as indicated by Census data. Over a 12-month period ending September 2025, employment increased by 1.2%, while labour force also grew by 1.2%, keeping unemployment broadly flat. In contrast, ACT experienced employment growth of 1.4% and labour force growth of 1.2%, with a drop in unemployment rate by 0.2 percentage points. As of 25-November 2025, ACT's employment grew year-on-year by 1.19% (adding 710 jobs), with an unemployment rate of 4.5%, compared to the national rate of 4.3%. Jobs and Skills Australia's forecasts from May-2025 suggest national employment will expand by 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between sectors. Applying these projections to Torrens' employment mix indicates local employment should increase by 6.8% over five years and 13.8% 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 latest postcode level ATO data for financial year 2022 shows that income in Torrens SA2 is exceptionally high nationally. The median income is $72,953 and the average income stands at $97,554. This contrasts with Australian Capital Territory's figures of a median income of $68,678 and an average income of $83,634. Based on Wage Price Index growth of 13.6% since financial year 2022, current estimates would be approximately $82,875 (median) and $110,821 (average) as of September 2025. Census data reveals that household, family and personal incomes all rank highly in Torrens, between the 92nd and 94th percentiles nationally. Income brackets indicate that 30.6% of the population (740 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

The dwelling structure in Torrens, as per the latest Census, consisted of 84.8% houses and 15.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Australian Capital Territory's figures of 58.4% houses and 41.7% other dwellings. Home ownership in Torrens stood at 36.2%, with mortgaged dwellings at 38.7% and rented dwellings at 25.1%. The median monthly mortgage repayment was $2,470, higher than the Australian Capital Territory average of $2,167. The median weekly rent figure in Torrens was $478, compared to the Australian Capital Territory's $440. Nationally, Torrens's mortgage repayments were significantly higher at $2,470 versus 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 constitute 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 comprise the remaining 25.8%, with lone person households at 22.2% and group households making up 3.6%. The median household size is 2.7 people, which is larger than the Australian Capital Territory average of 2.4.

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

In Torrens, residents aged 15 and above have higher educational attainment than national averages. Specifically, 48.6% of Torrens' residents hold university qualifications, compared to Australia's 30.4%. This educational advantage is evident in various qualification types: bachelor degrees (29.3%), postgraduate qualifications (13.9%), and graduate diplomas (5.4%). Vocational pathways also contribute significantly to educational attainment, with advanced diplomas at 9.3% and certificates at 14.7%.

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

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

Transport analysis shows 11 operational stops in Torrens, offering mixed bus services. These stops are covered by 4 unique routes, facilitating 1,386 weekly passenger trips collectively. Transport access is deemed good, with residents usually residing 229 meters from the nearest stop.

Services run an average of 198 trips daily across all routes, translating to roughly 126 weekly trips per individual stop.

The level of general health in Torrens is notably higher than the national average with prevalence of common health conditions low among the general population and nearer the nation's average across older, at risk cohorts

Torrens demonstrates health outcomes that are above average for its general population. The prevalence of common health conditions is low and closer to the national average when considering older, at-risk cohorts.

Approximately 70% of Torrens' total population (1,689 people) has private health cover, which is higher than the national average of 55.3%. The most prevalent medical conditions in Torrens are asthma and mental health issues, affecting 8.0% and 8.0% of residents respectively. A majority of residents, 70.9%, report being completely free from medical ailments, slightly higher than the Australian Capital Territory's figure of 70.1%. The area has a lower proportion of seniors aged 65 and over at 15.9% (383 people), compared to the Australian Capital Territory's 18.3%. Despite this, health outcomes among seniors in Torrens require more attention than those in 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 has 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 is the predominant religion in Torrens, comprising 46.4% of its population. Hinduism, however, is overrepresented in Torrens compared to the Australian Capital Territory, with 3.6% of the population identifying as Hindu.

The top three ancestry groups in Torrens are English (24.1%), Australian (23.7%), and Other (9.5%). Notably, Polish (1.1%) French (0.8%), and Croatian (1.0%) ethnicities are overrepresented compared to regional averages of 0.8%, 0.6%, and 0.8% respectively.

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 5-14 age group makes up 15.2% of Torrens' population, compared to the Australian Capital Territory. However, the 25-34 cohort is less prevalent in Torrens at 9.3%. Between 2021 and present, the 15-24 age group has increased from 12.1% to 13.3%, while the 35-44 cohort grew from 14.0% to 15.2%. Conversely, the 45-54 cohort declined from 15.1% to 13.3%, and the 25-34 group decreased from 10.5% to 9.3%. Looking ahead to 2041, demographic projections show significant shifts in Torrens' age structure. The 65-74 group is expected to grow by 10 people, reaching 211 from 191, with those aged 65 and above comprising all of the projected growth. Meanwhile, the 45-54 and 15-24 cohorts are projected to experience population declines.