Montrose (Tas.)

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

Based on analysis of ABS population updates for the broader area, and new addresses validated by AreaSearch, as of Feb 2026, Montrose's estimated population is around 2,198. This reflects a decrease of 115 people (5.0%) since the 2021 Census, which reported a population of 2,313 people. The change was inferred from AreaSearch's resident population estimate of 2,185 following examination of the latest ERP data release by the ABS in June 2024, and an additional 10 validated new addresses since the Census date. This level of population equates to a density ratio of 750 persons per square kilometer, which is relatively in line with averages seen across locations assessed by AreaSearch. Population growth for Montrose was primarily driven by overseas migration during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, Tasmania State Government's Regional/LGA projections are adopted with adjustments made employing a method of weighted aggregation from LGA to SA2 levels. Moving forward, demographic trends indicate a population increase just below the median of national statistical areas for Montrose, with an expected increase of 77 persons by 2041 based on aggregated SA2-level projections, reflecting an overall increase of 6.2% over the 17 years.

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

Based on AreaSearch analysis of ABS building approval numbers from statistical area data, Montrose has seen approximately two new homes approved annually. Between financial years 2021 (FY-21) and 2025 (FY-25), around twelve homes were approved, with no approvals recorded so far in FY-26. Despite population decline, development activity has been adequate relative to other areas, benefiting buyers while new homes are constructed at an average expected construction cost of $279,000.

This financial year, $5.8 million in commercial approvals have been registered, reflecting the area's residential character. Compared to Greater Hobart, Montrose has significantly less development activity, 77.0% below the regional average per person. This limited new 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 population per dwelling approval is 4546 people, reflecting Montrose's quiet, low activity development environment. Population forecasts indicate an increase of 137 residents by 2041 (latest AreaSearch quarterly estimate). 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 moderate levels of nearby infrastructure activity, ranking in the 48thth percentile nationally

The performance of a region is significantly affected by changes in local infrastructure. AreaSearch has identified 16 projects that could impact this area. Notable ones include the Homes Tasmania Social Housing Program, MONA Hotel Development, Homes Tasmania Affordable Housing Units - Glenorchy, and Glenorchy War Memorial Pool Redevelopment. The following list details those considered most relevant.

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

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AreaSearch analysis reveals Montrose recording weaker employment conditions than most comparable areas nationwide

Montrose has a skilled workforce with significant representation in essential services sectors. Its unemployment rate is 5.0%, as of September 2025, with relative employment stability over the past year based on AreaSearch's aggregation of statistical area data. The unemployment rate in Montrose is 1.0% higher than Greater Hobart's rate of 4.0%.

Workforce participation in Montrose is at par with Greater Hobart's 63.8%. According to Census responses, only 6.2% of residents work from home, though Covid-19 lockdown impacts should be considered. The key industries employing Montrose residents are health care & social assistance, retail trade, and public administration & safety. Retail trade is particularly specialized in the area, with an employment share of 1.3 times the regional level.

Conversely, education & training employs only 6.6% of local workers, lower than Greater Hobart's 10.8%. The area appears to offer limited local employment opportunities, indicated by a lower working population compared to resident population count from Census data. Between September 2024 and September 2025, Montrose's labour force decreased by 1.2% while employment declined by 0.4%, causing the unemployment rate to fall by 0.7 percentage points. In comparison, Greater Hobart recorded an employment decline of 0.7%, a labour force decline of 0.9%, and a reduction in unemployment by 0.2 percentage points. 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 Montrose's employment mix suggests 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 median income among taxpayers in financial year 2023 was $46,889. The average income stood at $50,863 during the same period. These figures are lower than Greater Hobart's median income of $54,577 and average income of $65,190. Based on a 9.6% growth in wages since financial year 2023, estimated incomes for Montrose as of September 2025 would be approximately $51,390 (median) and $55,746 (average). Census data indicates that household, family, and personal incomes in Montrose rank modestly, between the 28th and 34th percentiles. Income analysis shows that 33.7% of Montrose residents earn between $1,500 and $2,999 annually, with a similar pattern seen in metropolitan regions where 32.2% fall within this income band. After accounting for housing costs, 85.0% of income remains in Montrose, which ranks 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 compares to Hobart metro's 85.3% houses and 14.7% other dwellings. Home ownership in Montrose stood at 36.1%, aligning with Hobart metro's level. Mortgaged dwellings accounted for 33.9%, while rented ones made up 30.0%. The median monthly mortgage repayment was $1,349, below the Hobart metro average of $1,517 and the national average of $1,863. Median weekly rent in Montrose was $343, compared to Hobart metro's $350 and 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 account for 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 constitute 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 region's residents aged 15+ have 26.0% with university degrees, compared to SA4'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%, including advanced diplomas (8.0%) and certificates (25.0%). Current educational participation is high, with 25.1% enrolled in formal education: primary (7.9%), secondary (6.0%), tertiary (3.9%).

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 operating, all of which are bus stops. These stops are served by 23 different routes that collectively facilitate 1,422 weekly passenger trips. The area's transport accessibility is rated as good, with residents typically located 235 meters from the nearest stop. Most residents commute outward daily due to Montrose being predominantly residential. Car remains the primary mode of transportation, used by 85% of residents, while only 8% use public buses. On average, there are 1.3 vehicles per dwelling in the area.

According to the 2021 Census, a relatively low 6.2% of Montrose residents work from home, which may be partly due to COVID-19 conditions. Across all routes, service frequency averages 203 trips per day, 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, with common health conditions prevalent across both younger and older age cohorts. Private health cover is very low at approximately 47% of the total population (~1,040 people), compared to 51.7% across Greater Hobart and the national average of 55.7%.

The most common medical conditions are arthritis (10.6%) and mental health issues (9.2%). 65.3% of residents declare themselves completely clear of medical ailments, similar to Greater Hobart's 65.5%. Working-age residents show an above-average prevalence of chronic health conditions. The area has 20.5% of residents aged 65 and over (450 people). 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 showed higher cultural diversity than most local markets, with 24.6% born overseas and 21.2% speaking a language other than English at home. Christianity was the predominant religion in Montrose, accounting for 44.1% of its residents. Notably, Hinduism comprised 6.9%, which was higher than Greater Hobart's average of 2.8%.

In terms of ancestry, Australian (29.4%), English (29.0%), and Other (12.5%) were the top groups in Montrose, with 'Other' being substantially higher than the regional average of 7.4%. Some ethnic groups showed notable differences: Polish at 1.1% (vs regional 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 Australia's median of 38. The 25-34 cohort is over-represented in Montrose at 18.0%, compared to Greater Hobart's average, while the 5-14 year-olds are under-represented at 8.4%. Post the 2021 Census, the 35-44 age group grew from 12.8% to 14.8% of Montrose's population. Conversely, the 55-64 cohort declined from 12.7% to 10.9%. By 2041, demographic modeling projects significant changes in Montrose's age profile. The 45-54 cohort is expected to grow by 72%, adding 181 residents to reach 432. Meanwhile, both the 25-34 and 65-74 age groups are projected to decrease.