Granton

Granton lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of November 2025, the estimated population of Granton is around 1,944 people. This figure reflects an increase of 41 individuals since the 2021 Census, which reported a population of 1,903 people. The change is inferred from AreaSearch's estimation of the resident population following examination of the latest ERP data release by the ABS in June 2024 and validation of 19 new addresses since the Census date. This level of population results in a density ratio of 76 persons per square kilometer, offering significant space per person and potential room for further development. Over the past decade, Granton has shown resilient growth patterns with a compound annual growth rate of 1.7%, outpacing its SA4 region. Migration from interstate contributed approximately 51.0% of overall population gains during recent periods, although all drivers including overseas migration and natural growth were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022, and Tasmania State Government's Regional/LGA projections, released in 2022 with a base year of 2021, adjusted using weighted aggregation methods. Future population dynamics anticipate an above median growth for the suburb, with projections estimating an increase of 404 persons to 2041, reflecting a total increase of 25.9% over the 17 years.

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

Based on AreaSearch analysis of ABS building approval numbers allocated from statistical area data, Granton averaged around 14 new dwelling approvals per year over the past five financial years, totalling an estimated 74 homes. So far in FY-26, 0 approvals have been recorded. Between FY-21 and FY-25, there was an average of 2.4 people moving to the area per new home constructed, indicating healthy demand that should support property values.

New homes were being built at an average expected construction cost value of $564,000, slightly above the regional average, suggesting a focus on quality developments. Recent building activity consisted entirely of detached houses, maintaining Granton's traditional low density character with a focus on family homes appealing to those seeking space.

The estimated count of 812 people in the area per dwelling approval reflects its quiet, low activity development environment. According to the latest AreaSearch quarterly estimate, Granton is expected to grow by 504 residents through to 2041. Construction is maintaining a reasonable pace with projected growth, although buyers could encounter growing competition as population increases.

Granton has emerging levels of nearby infrastructure activity, ranking in the 22ndth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 12 projects likely affecting the region. Notable ones include Main Road Granton Shared Path Extension, Whitestone Point Housing Development, New Bridgewater Bridge, and Boyer Road Precinct Plan. The following list details those most relevant:.

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

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

AreaSearch analysis of employment trends sees Granton performing better than 90% of local markets assessed across Australia

Granton's workforce comprises an equal mix of white and blue-collar jobs, with prominent representation from essential services sectors. As of June 2025, the unemployment rate stands at 1.2%, according to AreaSearch's statistical area data aggregation.

In Granton, 1,172 residents are employed, with an unemployment rate of 2.9% below Greater Hobart's rate of 4.1%. Workforce participation is high at 70.1%, compared to Greater Hobart's 61.6%. Key employment sectors include health care & social assistance, construction, and manufacturing. Notably, construction employment is at 1.7 times the regional average.

Conversely, accommodation & food services have limited presence with only 3.8% of jobs, compared to the regional average of 8.0%. The area may offer limited local employment opportunities, as indicated by the discrepancy between Census working population and resident population figures. Over the 12 months to June 2025, labour force levels decreased by 1.6%, with employment decreasing by 1.3%, leading to a fall in unemployment rate of 0.2 percentage points. In contrast, Greater Hobart saw employment contract by 1.5%, labour force fall by 1.6%, and unemployment decrease by 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Granton's employment mix suggests local employment should increase by 6.2% over five years and 13.1% over ten years, although these are simple weighted extrapolations for illustrative purposes and do not account for localized population projections.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

Granton's median income among taxpayers was $53,113 in financial year 2022. The average income stood at $57,891 during the same period. These figures compare to Greater Hobart's median and average incomes of $51,272 and $63,777 respectively. By September 2025, estimates suggest Granton's median income would be approximately $60,459 and the average income around $65,897, based on a 13.83% growth in wages since financial year 2022. Census data shows household, family, and personal incomes in Granton cluster around the 67th percentile nationally. The largest income bracket comprises 40.4% of residents earning $1,500 - 2,999 weekly (785 residents), which is consistent with broader trends across the broader area showing 32.2% in the same category. After housing costs, residents retain 88.5% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 5th decile.

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

Granton's dwelling structure, as per the latest Census, consisted of 97.1% houses and 2.9% other dwellings (semi-detached, apartments, 'other' dwellings). In contrast, Hobart metro had no houses or other dwellings recorded at that time. Home ownership in Granton stood at 36.2%, with mortgaged dwellings at 55.3% and rented dwellings at 8.5%. The median monthly mortgage repayment was $1,671, aligning with Hobart metro's average. The median weekly rent was $330, while Hobart metro had no recorded rents at that time. Nationally, Granton's mortgage repayments were lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

Granton features high concentrations of family households, with a median household size of 2.8 people

Family households constitute 83.6% of all households, including 38.8% couples with children, 30.6% couples without children, and 12.9% single parent families. Non-family households account for the remaining 16.4%, with lone person households at 14.8% and group households comprising 1.9%. The median household size is 2.8 people.

The educational profile of Granton exceeds national averages, with above-average qualification levels and academic performance metrics

The area's university qualification rate is 12.0%, significantly lower than the SA4 region average of 32.8%. Bachelor degrees are most common at 7.5%, followed by postgraduate qualifications (2.7%) and graduate diplomas (1.8%). Vocational credentials are held by 44.4% of residents aged 15 and above, with advanced diplomas at 9.3% and certificates at 35.1%. A total of 24.6% of the population is actively engaged in formal education: 10.2% in primary, 7.6% in secondary, and 1.9% in tertiary education.

Educational facilities seem to be located outside the immediate catchment area, requiring families to access schools in neighboring regions.

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

Granton has 20 active public transport stops, all of which are bus stops. These stops are served by 30 different routes that together facilitate 3,330 weekly passenger trips. The accessibility of these services is rated as good, with residents on average being located 335 meters from the nearest stop.

On a daily basis, there are an average of 475 trips across all routes, which equates to approximately 166 weekly trips per individual stop.

Granton's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low across both younger and older age cohorts

Health data shows Granton residents have relatively positive health outcomes. Prevalence of common conditions is low across both younger and older age groups.

Approximately 50% (~974 people) have private health cover, lower than the national average of 55.3%. The most prevalent medical conditions are arthritis (9.6%) and mental health issues (9.4%). 68.0% report no medical ailments, higher than Greater Hobart's 0%. 16.0% (~311 people) are aged 65 and over. Health outcomes among seniors in Granton are strong, outperforming the general population in health metrics.

Granton is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Granton's cultural diversity was found to be below average, with 92.3% of its population born in Australia, 94.5% being citizens, and 94.3% speaking English only at home. Christianity was the main religion in Granton, comprising 52.4% of people, compared to None% across Greater Hobart. The top three ancestry groups were English (35.1%), Australian (34.3%), and Irish (7.7%).

Notably, Maltese was overrepresented at 0.4%, Dutch at 1.3%, and Australian Aboriginal at 2.3%.

Granton's median age exceeds the national pattern

The median age in Granton is 40 years, similar to Greater Hobart's average of 39 years but somewhat older than Australia's median age of 38 years. The 45-54 age group constitutes 15.3% of the population, higher than Greater Hobart's percentage, while the 25-34 cohort makes up 11.0%. According to post-2021 Census data, the 75-84 age group has increased from 4.0% to 5.3%, and the 5-14 age group has decreased from 13.0% to 11.8%. By 2041, population forecasts indicate significant demographic shifts in Granton. The 45-54 age group is projected to grow by 71%, adding 212 people and reaching a total of 510 from the current 297. Conversely, the 35-44 cohort is expected to decline by 27 people.