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Sales Activity
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Population
Population growth drivers in Cygnet are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
As of Nov 2025, Cygnet's population is estimated at around 1,924. This reflects an increase of 182 people since the 2021 Census, which reported a population of 1,742. The change was inferred from AreaSearch's resident population estimate of 1,868 in June 2024, based on ABS ERP data release and additional validated new addresses since the Census date. Cygnet's growth rate of 10.4% exceeded the state average of 4.8%. Interstate migration contributed approximately 68.0% to 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 by this data and post-2032 growth estimation by age group, Tasmania State Government's Regional/LGA projections are adopted with adjustments made employing a method of weighted aggregation from LGA to SA2 levels. Based on aggregated SA2-level projections, the suburb is expected to grow by 222 persons to 2041, reflecting a gain of 9.2% in total over the 17 years.
Frequently Asked Questions - Population
Development
Residential development activity is slightly higher than average within Cygnet when compared nationally
AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, indicates Cygnet experienced around 18 dwellings receiving development approval each year. Approximately 92 homes were approved over the past 5 financial years, from FY-21 to FY-25, with 5 more approved so far in FY-26. This results in an estimated 1.8 new residents per year per dwelling constructed during this period.
The average value of new dwellings developed is $412,000. In FY-26, $1.1 million in commercial development approvals have been recorded, indicating minimal commercial development activity compared to residential. When measured against the Rest of Tas., Cygnet shows moderately higher construction activity, with 40.0% above the regional average per person over the past 5 years.
This has preserved reasonable buyer options while sustaining existing property demand, though recent construction activity has eased. Recent development has been entirely comprised of standalone homes, maintaining the area's traditional low density character and focusing on family homes appealing to those seeking space. Cygnet reflects a developing area with around 155 people per approval. Population forecasts indicate Cygnet will gain 177 residents through to 2041, based on the latest AreaSearch quarterly estimate. Given current development patterns, new housing supply should readily meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.
Frequently Asked Questions - Development
Infrastructure
Cygnet has limited levels of nearby infrastructure activity, ranking in the 11thth percentile nationally
No changes can impact an area's performance more than alterations to local infrastructure, major projects, and planning initiatives. AreaSearch has identified zero projects that are expected to affect this area. Notable projects include Huonville ReImagined: Crafting a Future Huonville, Greater Hobart Urban Growth Boundary Extension, Tasmanian Irrigation Schemes: Tranche 3, and Cethana Pumped Hydro Energy Storage Project. The following list details those most likely to be relevant.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Greater Hobart Urban Growth Boundary Extension
Tasmanian Government initiative to extend the Greater Hobart urban growth boundary by 615 hectares across Brighton, Clarence, Glenorchy, Hobart, Kingborough and Sorell local government areas. Enables release of land for approximately 10,000 new homes over the next 15-20 years to address acute housing supply shortage. Approved by Parliament in November 2024 via the Land Use Planning and Approvals Amendment (Major Projects) Act 2024.
Enabling Infrastructure for Hydrogen Production
Australia has completed the National Hydrogen Infrastructure Assessment (NHIA) to 2050 and refreshed its National Hydrogen Strategy (2024). The programmatic focus has shifted to planning and enabling infrastructure through measures such as ARENA's Hydrogen Headstart and the Hydrogen Production Tax Incentive (from April 2025). Round 2 of Hydrogen Headstart consultation occurred in 2025. Collectively these actions aim to coordinate investment in transport, storage, water and electricity inputs linked to Renewable Energy Zones and priority hubs, supporting large-scale renewable hydrogen production and future export supply chains.
Enabling Digital Health Services for Regional and Remote Australia
National initiative to expand and improve digital health access for people in regional and remote Australia. Focus areas include enabling telehealth and virtual care, upgrading clinical systems and connectivity, supporting secure information exchange, and building workforce capability in digital health, aligned with the Australian Government's Digital Health Blueprint and Action Plan 2023-2033.
Huonville ReImagined: Crafting a Future Huonville
A master-planning and business-case project funded by the Australian Government to develop precinct plans for five key areas in Huonville, including Huon Link Residential, activated foreshore and mixed-use, recreational and educational, Glen Road light industrial, and Hansens Orchard opportunity area. The project aims to transform Huonville into a vibrant, resilient regional town addressing housing, jobs, education, economic growth, health, transport, and climate adaptation.
Tasmanian Irrigation Schemes: Tranche 3
Development of sustainable water capture and distribution systems in Tasmania to enhance agricultural productivity by enabling dryland farms to transition to higher-value enterprises like fruit or viticulture.
Cethana Pumped Hydro Energy Storage Project
The Cethana pumped hydro project, led by Hydro Tasmania, is part of the Battery of the Nation initiative to enhance Tasmania's renewable storage and generation. It utilizes Lake Cethana as the lower storage, with a new upper storage, underground power station, and tunnels. The project has a generating capacity of 750 MW and storage capacity of 20 hours, requiring transmission upgrades and Marinus Link interconnection.
Marinus Link
Marinus Link involves constructing a second undersea electricity link and supporting infrastructure between Tasmania and Victoria, enhancing the existing Basslink interconnector. The project, part of Project Marinus, includes transmission lines and network upgrades.
Telstra InfraCo Intercity Fibre Network
Telstra InfraCo's $1.6 billion Intercity Fibre Network is a nation-building infrastructure project delivering almost 14,000km of high-capacity, ultra-low latency fibre connecting Australia's mainland capital cities. The dual-cable architecture features express routes between major cities and foundation paths for regional connectivity. The Sydney-Canberra route is now operational, with Melbourne connections expected Q1 FY26.
Employment
Employment conditions in Cygnet face significant challenges, ranking among the bottom 10% of areas assessed nationally
Cygnet has a skilled workforce with essential services sectors well represented. The unemployment rate is 6.4%, as per AreaSearch's aggregation of statistical area data.
As of June 2025641 residents are employed, with an unemployment rate of 2.5% higher than Rest of Tas.'s rate of 3.9%. Workforce participation in Cygnet lags at 46.8%, compared to Rest of Tas.'s 55.7%. Leading employment industries include health care & social assistance, construction, and retail trade. Notably, construction has an employment level 1.4 times the regional average.
Manufacturing is under-represented with only 5.7% of Cygnet's workforce, compared to Rest of Tas.'s 7.7%. Local employment opportunities appear limited based on Census working population vs resident population figures. Between June 2024 and June 2025, labour force levels decreased by 5.4%, with employment decreasing by 6.7%, leading to a rise in unemployment rate of 1.3 percentage points. In contrast, Rest of Tas. saw employment contract by 0.5% and labour force fall by 0.6%, with marginal unemployment decline. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Cygnet's employment mix suggests local employment should increase by 6.1% over five years and 12.9% over ten years, though this is a simple weighting extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
AreaSearch's latest postcode level ATO data for financial year 2022 indicates Cygnet's median income among taxpayers is $38,950, with an average of $49,309. This is lower than the national average, compared to Rest of Tas.'s median of $47,358 and average of $57,384. Based on Wage Price Index growth of 13.83% since financial year 2022, estimates for September 2025 would be approximately $44,337 (median) and $56,128 (average). Census 2021 income data shows household, family and personal incomes in Cygnet all fall between the 4th and 5th percentiles nationally. The earnings profile shows 31.7% of residents earning $400 - 799 weekly, contrasting with the surrounding region where the $1,500 - 2,999 bracket leads at 28.5%. A significant portion, 40.3%, earns under $800/week, indicating constrained household budgets across much of Cygnet. Housing affordability pressures are severe, with only 84.7% of income remaining after housing costs, ranking at the 6th percentile nationally.
Frequently Asked Questions - Income
Housing
Cygnet is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
Cygnet's dwelling structures, as per the latest Census, were 93.7% houses and 6.2% other dwellings. Non-Metro Tas., in comparison, had 96.8% houses and 3.2% other dwellings. Home ownership in Cygnet was 45.1%, with mortgaged dwellings at 31.7% and rented ones at 23.2%. The median monthly mortgage repayment was $1,280, lower than Non-Metro Tas.'s $1,300. Median weekly rent in Cygnet was $285, compared to Non-Metro Tas.'s $290. Nationally, Cygnet's mortgage repayments were significantly lower at $1,280 versus Australia's average of $1,863, and rents were substantially lower at $285 compared to the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Cygnet features high concentrations of lone person households, with a fairly typical median household size
Family households constitute 66.5% of all households, including 22.9% couples with children, 28.4% couples without children, and 14.8% single parent families. Non-family households account for the remaining 33.5%, with lone person households at 31.8% and group households comprising 1.2%. The median household size is 2.4 people, which aligns with the average in the Rest of Tas.
Frequently Asked Questions - Households
Local Schools & Education
Educational outcomes in Cygnet fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment
The area's educational profile is notable regionally, with university qualification rates at 24.9% among residents aged 15+, exceeding the Rest of Tas. average of 19.3%. Bachelor degrees are most prevalent at 15.7%, followed by postgraduate qualifications (6.0%) and graduate diplomas (3.2%). Vocational credentials are also prominent, with 33.6% of residents aged 15+ holding such qualifications - advanced diplomas accounting for 9.4% and certificates for 24.2%.
Educational participation is high at 29.4%, including 11.7% in primary education, 9.7% in secondary education, and 3.1% pursuing tertiary education. The area's educational provision includes Cygnet Primary School and St James Catholic College, serving a total of 429 students. The area has varied educational conditions, with an ICSEA score of 936. It functions as an education hub with 22.3 school places per 100 residents, significantly above the regional average of 8.7, attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis shows one active public transport stop in Cygnet. This stop serves a mix of bus routes: two individual routes operate here, together offering 367 weekly passenger trips. Transport access is limited for residents, who typically live 797 meters away from the nearest stop.
Service frequency averages 52 trips per day across all routes, resulting in approximately 367 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Cygnet is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Health data indicates significant challenges for Cygnet, with common health conditions prevalent across both younger and older age groups. Private health cover was found to be low at approximately 47% of the total population (898 people), compared to the national average of 55.3%.
The most common medical conditions were arthritis and mental health issues, affecting 12.2 and 10.1% of residents respectively. However, 62.5% of residents reported being completely clear of medical ailments, similar to the Rest of Tas. at 62.7%. Cygnet has a higher proportion of residents aged 65 and over (521 people), at 27.1%, compared to the Rest of Tas. at 25.4%. Despite this, Cygnet performs well in health metrics relative to the general population.
Frequently Asked Questions - Health
Cultural Diversity
Cygnet ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics
Cygnet's population showed low cultural diversity, with 82.6% born in Australia and 89.6% being citizens. English was the language spoken at home by 94.3%. Christianity was the predominant religion, at 42.6%.
The 'Other' category comprised 0.7%, similar to the rest of Tasmania. In terms of ancestry, the top groups were English (31.6%), Australian (24.6%), and Irish (11.5%). Notably, Australian Aboriginal people were overrepresented in Cygnet at 10.0% compared to 5.7% regionally. French and Welsh populations were also slightly higher than regional averages, at 0.7% each.
Frequently Asked Questions - Diversity
Age
Cygnet hosts an older demographic, ranking in the top quartile nationwide
Cygnet's median age is 46 years, comparable to Rest of Tas.'s 45, and significantly higher than Australia's median age of 38. The age profile shows a prominent percentage of 15-24 year-olds (13.1%), while the 25-34 group is smaller at 7.4% compared to Rest of Tas.. Post-2021 Census data reveals that the 75 to 84 age group has grown from 7.2% to 10.4%, and the 15 to 24 cohort increased from 11.1% to 13.1%. Conversely, the 55 to 64 cohort declined from 13.5% to 11.6%, and the 5 to 14 group dropped from 14.0% to 12.3%. Demographic modeling suggests Cygnet's age profile will change significantly by 2041, with the 75 to 84 age cohort projected to expand by 116 people (58%) from 200 to 317. Senior residents aged 65 and above will drive 63% of population growth, indicating demographic aging trends. Meanwhile, both the 0 to 4 and 5 to 14 age groups are expected to decrease in numbers.