Hadspen

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

Based on analysis of ABS population updates for the broader area, the suburb of Hadspen's population is estimated at around 2,610 as of May 2026. This reflects an increase of 181 people (7.5%) since the 2021 Census, which reported a population of 2,429 people. The change is inferred from the resident population of 2,556, estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2025 and an additional 73 validated new addresses since the Census date. This level of population equates to a density ratio of 244 persons per square kilometer. Hadspen's 7.5% growth since the 2021 census exceeded the state (4.0%), along with the SA4 region, marking it as a growth leader in the region. Population growth for the area was primarily driven by natural growth that contributed approximately 67.0% of overall population gains during recent periods, although all drivers including overseas migration and interstate migration were positive factors.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, and to estimate growth by age group in the years post-2032, the Tasmania State Government's Regional/LGA projections are adopted with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. As we examine future population trends, lower quartile growth of Australia's regional areas is anticipated, with the suburb expected to grow by 5 persons to 2041 based on aggregated SA2-level projections, reflecting recording a decrease of 1.9% in total over the 16 years.

AreaSearch analysis of residential development drivers sees Hadspen recording a relatively average level of approval activity when compared to local markets analysed countrywide

AreaSearch analysis of ABS building approval numbers for Hadspen shows around 19 residential properties granted approval annually. Over the past five financial years, from FY21 to FY25, approximately 96 homes were approved, with a further 11 approved in FY26 so far. On average, 1.1 new residents arrived per new home over these five years, indicating balanced supply and demand conditions. However, this has decreased to 0.6 people per dwelling over the past two financial years, suggesting more balanced supply conditions recently.

New homes are being built at an average expected construction cost value of $412,000, reflecting a focus on premium market developments. This year, commercial approvals worth $1.1 million have been registered, highlighting the area's residential nature. Compared to the Rest of Tas., Hadspen has similar development levels per person, supporting stable market conditions in line with regional patterns.

Recent building activity consists entirely of detached dwellings, maintaining the area's traditional low-density character and appealing to those seeking family homes. This trend favours detached housing more than current Census patterns suggest, indicating robust demand for family homes despite increasing density pressures. With around 153 people per approval, Hadspen reflects a developing area. Given expected population stability or decline, reduced pressure on housing is anticipated, potentially presenting opportunities for buyers in the future.

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

No changes can significantly impact an area's performance like modifications to local infrastructure, major projects, and planning initiatives. AreaSearch has identified zero projects that may affect this area. Notable projects include Prospect Vale - Blackstone Heights Structure Plan (2025-2045), Tamar Estuary River Health Action Plan (TERHAP), Launceston Housing Plan (2025-2040), and Tasmanian Irrigation Schemes: Tranche 3. Below is a list detailing those most likely to be relevant.

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AreaSearch analysis reveals Hadspen significantly outperforming the majority of regions assessed nationwide

Hadspen's workforce is balanced across white and blue-collar jobs with diverse industry representation. The unemployment rate was 1.8% as of AreaSearch data aggregation in December 2025. There were 1,400 residents employed while the unemployment rate was 2.0% lower than Regional Tas.'s rate of 3.8%.

Workforce participation was higher at 68.8%, compared to Regional Tas.'s 58.7%. According to Census responses in December 2025, 6.4% of residents worked from home. Leading employment industries were health care & social assistance, retail trade, and construction. Retail trade showed strong specialization with an employment share 1.3 times the regional level.

Agriculture, forestry & fishing was under-represented at 2.4%, compared to Regional Tas.'s 8.4%. Limited local employment opportunities were indicated by Census working population vs resident population count. Over a 12-month period ending December 2025, labour force decreased by 2.9% and employment by 2.6%, causing unemployment to fall by 0.2 percentage points. In contrast, Regional Tas. saw employment grow by 1.8% and labour force expand by 1.5%. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Hadspen's employment mix suggests local employment should increase by 6.3% over five years and 13.2% over ten years, based on simple weighting extrapolation for illustrative purposes only.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch's latest postcode level ATO data for financial year 2023 shows Hadspen's median income among taxpayers is $51,817, with an average of $57,433. This is below the national average. Regional Tas.'s median income is $49,689 and average is $59,358. Based on Wage Price Index growth of 10.95% since financial year 2023, current estimates for Hadspen would be approximately $57,491 (median) and $63,722 (average) as of March 2026. Census 2021 income data shows household, family and personal incomes in Hadspen rank modestly, between the 34th and 43rd percentiles. The predominant income cohort spans 35.1% of locals (916 people) with incomes ranging $1,500 - 2,999. This pattern is also seen at regional levels where 28.5% occupy this range. Housing costs are manageable with 86.9% retained, but disposable income sits below average at the 38th percentile.

Hadspen is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region

Hadspen's dwelling structure, as per the latest Census, consisted of 84.0% houses and 16.0% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Regional Tas.'s 84.9% houses and 15.1% other dwellings. Home ownership in Hadspen stood at 33.9%, with mortgaged properties accounting for 46.8% and rented dwellings making up 19.3%. The median monthly mortgage repayment was $1,356, exceeding Regional Tas.'s average of $1,274. Median weekly rent in Hadspen was recorded at $250, aligning with Regional Tas.'s figure. Nationally, Hadspen's mortgage repayments were lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

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

Family households account for 72.5% of all households, including 31.3% couples with children, 29.4% couples without children, and 11.5% single parent families. Non-family households make up the remaining 27.5%, consisting of 25.7% lone person households and 1.7% group households. The median household size is 2.5 people, which is larger than the Regional Tasmanian average of 2.3.

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

The area's university qualification rate is 13.9%, significantly lower than Australia's average of 30.4%. Bachelor degrees are the most common at 11.1%, followed by graduate diplomas (1.6%) and postgraduate qualifications (1.2%). Vocational credentials are prevalent, with 41.2% of residents aged 15+ holding them - advanced diplomas at 7.9% and certificates at 33.3%. Educational participation is high, with 29.1% of residents currently enrolled in formal education.

This includes 12.4% in primary, 9.2% in secondary, and 2.7% in tertiary education.

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

Hadspen has 11 operational public transport stops, all of which are bus stops. These stops are served by a total of 46 different routes, which together facilitate 3033 weekly passenger trips. The area's transport accessibility is deemed good, with residents on average living just 314 meters from their nearest transport stop. As a predominantly residential zone, most Hadspen residents commute outwards, primarily by car, at a rate of 96%. On average, there are 1.7 vehicles per dwelling in the area, higher than the regional norm. According to the 2021 Census, only 6.4% of Hadspen residents work from home, which could be influenced by COVID-19 conditions.

Across all routes, an average of 433 trips are made daily, equating to approximately 275 weekly trips per individual stop.

Health performance in Hadspen is lower than average with prevalence of common health conditions notable across both younger and older age cohorts

Hadspen faces significant health challenges as assessed by AreaSearch's analysis of mortality rates and chronic condition prevalence. The prevalence of common health conditions is notable across both younger and older age cohorts.

Approximately 50% (~1,303 people) of Hadspen's total population has private health cover, which is relatively low compared to the national average of 55.7%. The most prevalent medical conditions in Hadspen are arthritis (10.8%) and asthma (9.4%). However, 64.8% of residents declared themselves completely clear of medical ailments, slightly higher than the Regional Tas. average of 62.0%. Working-age residents show an above-average prevalence of chronic health conditions. Hadspen has a lower proportion of residents aged 65 and over (20.5%, or 535 people) compared to Regional Tas. (24.9%). Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

The latest Census data sees Hadspen placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics

Hadspen's cultural diversity was found to be below average, with 93.2% of its population born in Australia, 94.1% being citizens, and 98.9% speaking English only at home. Christianity was the main religion, comprising 44.4% of Hadspen's population. However, Judaism was overrepresented, making up 0.1% compared to the regional average of 0.1%.

The top three ancestry groups were English (36.3%), Australian (35.9%), and Irish (7.2%). Notably, Dutch ethnicity was overrepresented at 2.5%, Australian Aboriginal at 2.6%, and Serbian at 0.2% compared to regional averages of 1.7%, 4.1%, and 0.0% respectively.

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

Hadspen's median age is 39 years, which is lower than Regional Tasmania's average of 45 and close to Australia's national average of 38. The 5-14 age group comprises 13.7% of Hadspen's population, higher than the Regional Tas. average, while the 75-84 cohort makes up 6.7%. Post-2021 Census data shows that the 35 to 44 age group grew from 11.8% to 13.7%, and the 65 to 74 cohort increased from 10.2% to 11.6%. Conversely, the 45 to 54 cohort declined from 13.2% to 11.4%, and the 25 to 34 group dropped from 13.4% to 11.8%. By 2041, Hadspen's age profile is projected to change significantly. The 45 to 54 cohort is expected to grow by 43%, adding 127 residents to reach 425. Meanwhile, population declines are projected for the 25 to 34 and 0 to 4 cohorts.