Montrose (Tas.)

Population growth drivers in Montrose are slightly above average based on AreaSearch's ranking of recent, and medium term trends

As per ABS population updates for the broader area and new addresses validated by AreaSearch, the suburb of Montrose (Tas.) had an estimated population of around 2,188 as of May 2026. This figure represents a decrease of 125 people since the 2021 Census, which recorded a population of 2,313. The current resident population estimate of 2,185 is based on AreaSearch's analysis of the latest ERP data release by the ABS in June 2025 and an additional 10 validated new addresses since the Census date. This results in a population density ratio of 746 persons per square kilometer. Overseas migration was the primary driver of population growth in recent periods, with AreaSearch adopting ABS/Geoscience Australia projections for each SA2 area released in 2024 using 2022 as the base year.

For areas not covered by this data and to estimate post-2032 growth by age group, Tasmania State Government's Regional/LGA projections are used 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 increase its population by 90 persons to reach around 2,278 by 2041, reflecting an overall increase of approximately 4.0% over the 16-year period.

The level of residential development activity in Montrose is very low in comparison to the average area assessed nationally by AreaSearch

AreaSearch analysis of ABS building approval numbers shows Montrose has averaged around 2 new homes approved annually. Between financial years FY-21 to FY-25, approximately 12 homes were approved, with none so far in FY-26. Despite population decline, development activity has been adequate relative to other areas.

The average value of new homes is $279,000. This year, $5.8 million in commercial approvals have been registered, suggesting Montrose's residential character. Compared to Greater Hobart, Montrose has significantly less development activity (77.0% below regional average per person). This limited supply generally supports stronger demand and values for established dwellings. Nationally, Montrose also reflects lower development levels, indicating market maturity and possible development constraints.

Recent building activity consists entirely of standalone homes, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. Developers are building more traditional houses than the current mix suggests (85.0% at Census), indicating continued strong demand for family homes. The estimated count of 4423 people per dwelling approval reflects Montrose's quiet, low activity development environment. Population forecasts indicate Montrose will gain 87 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Montrose has emerging levels of nearby infrastructure activity, ranking in the 39thth percentile nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified 15 projects that could impact this region. Notable ones include the Homes Tasmania Social Housing Program, MONA Hotel Development, Glenorchy War Memorial Pool Redevelopment, and Homes Tasmania Maroni and Teering Roads Development. The following list details those most likely to be 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.

The employment landscape in Montrose shows performance that lags behind national averages across key labour market indicators

Montrose has a skilled workforce with essential services sectors well represented. The unemployment rate in December 2025 was 4.9%. Employment stability over the past year was relative, based on AreaSearch aggregation of statistical area data.

As of December 2025, 1,109 residents were employed while the unemployment rate was 0.9% higher than Greater Hobart's rate of 4.0%. Workforce participation in Montrose was somewhat below standard at 61.1%, compared to Greater Hobart's 63.7%. According to Census responses, only 6.2% of residents worked from home, though Covid-19 lockdown impacts should be considered. Leading employment industries among residents included health care & social assistance, retail trade, and public administration & safety.

Retail trade was particularly specialized with an employment share 1.3 times the regional level. Conversely, education & training was under-represented at 6.6% of Montrose's workforce compared to Greater Hobart's 10.8%. Employment opportunities locally appeared limited based on Census working population vs resident population count. Between December 2024 and December 2025, employment levels remained stable by 0.0%, while labour force decreased by 0.9%, resulting in a fall of 0.8 percentage points in the unemployment rate. By comparison, Greater Hobart recorded employment growth of 0.1%, labour force decline of 0.1%, and a decrease in unemployment by 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 suggest potential future demand within Montrose. These projections estimate national employment to expand by 6.6% over five years and 13.7% over ten years, with varying growth rates between industry sectors. Applying these projections to Montrose's employment mix indicates local employment should increase by 6.4% over five years and 13.5% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localized population projections.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

Montrose's income level is below the national average according to ATO data aggregated by AreaSearch for financial year 2023. The median income among taxpayers in Montrose is $46,889 and the average income stands at $50,863. In comparison, Greater Hobart's figures are $54,577 and $65,190 respectively. Based on Wage Price Index growth of 10.95% since financial year 2023, current estimates for Montrose would be approximately $52,023 (median) and $56,432 (average) as of March 2026. According to the 2021 Census, household, family and personal incomes in Montrose rank modestly, between the 28th and 34th percentiles. Income brackets indicate that 33.7% of individuals earn between $1,500 and $2,999, reflecting regional patterns where 32.2% similarly occupy this range. After housing costs, 85.0% of income remains in Montrose, ranking at the 29th percentile nationally.

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

Montrose's dwelling structure, as per the latest Census, consisted of 84.7% houses and 15.4% other dwellings (semi-detached, apartments, 'other' dwellings). This is compared to Hobart metro's 84.7% houses and 15.3% other dwellings. Home ownership in Montrose stood at 36.1%, with mortgaged dwellings at 33.9% and rented ones at 30.0%. The median monthly mortgage repayment was $1,349, lower than Hobart metro's average of $1,517. The median weekly rent in Montrose was $343, compared to Hobart metro's $350. Nationally, Montrose's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were less than the national figure of $375.

Montrose features high concentrations of lone person households and group households, with a lower-than-average median household size

Family households constitute 63.6% of all households, including 23.9% couples with children, 26.7% couples without children, and 10.8% single parent families. Non-family households account for the remaining 36.4%, with lone person households at 32.5% and group households comprising 4.2%. The median household size is 2.3 people, which is smaller than the Greater Hobart average of 2.4.

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

Montrose trail's residents aged 15+ have 26.0% with university degrees, compared to SA4 region's 32.8%. Bachelor degrees are most common at 15.6%, followed by postgraduate qualifications (8.9%) and graduate diplomas (1.5%). Vocational credentials are held by 33.0% of residents aged 15+, with advanced diplomas at 8.0% and certificates at 25.0%. Educational participation is high, with 25.1% currently enrolled in formal education: 7.9% in primary, 6.0% in secondary, and 3.9% in tertiary education.

Educational participation is notably high, with 25.1% of residents currently enrolled in formal education. This includes 7.9% in primary education, 6.0% in secondary education, and 3.9% pursuing tertiary education.

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

Montrose has eight active public transport stops, all serving buses. These stops are connected by twenty-three routes that facilitate 1,422 weekly passenger trips combined. Residents enjoy good transport accessibility, with an average distance of 235 meters to the nearest stop. Predominantly residential, Montrose sees most residents commuting outward. Cars remain the primary mode of transport at 85%, while buses account for 8%. On average, there are 1.3 vehicles per dwelling.

According to the 2021 Census, only 6.2% of residents work from home, which may be influenced by COVID-19 conditions. Across all routes, service frequency averages 203 trips daily, equating to approximately 177 weekly trips per individual stop.

Health performance in Montrose is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Montrose faces significant health challenges based on AreaSearch's assessment. Mortality rates and chronic condition prevalence are high across both younger and older age cohorts. The rate of private health cover is very low at approximately 47% of the total population (~1,035 people), compared to 51.7% in Greater Hobart and a national average of 55.7%.

The most common medical conditions are arthritis and mental health issues, affecting 10.6% and 9.2% of residents respectively. Conversely, 65.3% of residents declare themselves completely clear of medical ailments, similar to the 65.5% in Greater Hobart. Working-age residents show an above-average prevalence of chronic health conditions. The area has a higher proportion of seniors aged 65 and over at 21.2%, compared to 20.0% in Greater Hobart. Health outcomes among seniors present some challenges, with national rankings broadly in line with the general population.

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

Montrose's population shows high cultural diversity, with 24.6% born overseas and 21.2% speaking a language other than English at home. Christianity is the predominant religion, comprising 44.1%. Hinduism is overrepresented in Montrose at 6.9%, compared to Greater Hobart's 2.8%.

In terms of ancestry, Australian (29.4%), English (29.0%), and Other (12.5%) are the top groups, with 'Other' being significantly higher than the regional average of 7.4%. Some ethnic groups show notable differences: Polish at 1.1% in Montrose vs region's 0.8%, Hungarian at 0.3% vs 0.2%, and Croatian at 0.6% vs 0.2%.

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

Montrose's median age is 39 years, aligning with Greater Hobart's average of 39 and closely matching Australia's median of 38. The 25-34 cohort is notably higher at 17.9% compared to Greater Hobart's average. Conversely, the 5-14 year-olds are under-represented at 8.5%. Post-2021 Census, the 35-44 age group has increased from 12.8% to 14.5%, while the 55-64 cohort has decreased from 12.7% to 11.1%. By 2041, Montrose's demographic profile is projected to change significantly. The 45-54 cohort is expected to grow by 66%, adding 174 residents to reach 437. Meanwhile, both the 0-4 and 55-64 age groups are projected to decrease in numbers.