Oakdowns

Oakdowns lies within the top 10% of areas nationally in terms of population growth performance according to AreaSearch analysis of short and medium-term trends

As of November 2025, the population of Oakdowns is estimated at around 1,933 people. This reflects an increase of 36 individuals since the 2021 Census, which reported a population of 1,897 people. The change is inferred from AreaSearch's estimation of the resident population as 1,889 following examination of the latest ERP data release by the ABS in June 2024, and an additional 42 validated new addresses since the Census date. This level of population results in a density ratio of approximately 2,510 persons per square kilometer, placing Oakdowns in the upper quartile relative to other locations assessed by AreaSearch nationwide. Over the past decade, ending in June 2024, Oakdowns has demonstrated resilient growth patterns with a compound annual growth rate of 4.7%, outpacing the SA3 area. Population growth for the suburb was primarily driven by interstate migration, contributing approximately 70% of overall population gains during recent periods.

AreaSearch is adopting 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 to estimate growth by age group post-2032, 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. Based on aggregated SA2-level projections, the suburb is expected to increase its population by 541 persons to reach approximately 2,474 people by 2041, reflecting an increase of 41.5% in total over the 17 years.

Residential development activity is slightly higher than average within Oakdowns when compared nationally

AreaSearch analysis of ABS building approval numbers from statistical area data shows Oakdowns had approximately 9 new homes approved each year. Between FY-21 and FY-25, around 46 homes were approved, with an additional 2 approved in FY-26 to date. On average, about 10.4 people moved to the area per dwelling built over these five years.

This demand outpaces supply, potentially driving up prices and increasing buyer competition. The average construction value of new properties was around $393,000, aligning with regional trends. In FY-26, commercial approvals totaled $3.4 million, indicating Oakdowns' residential character.

Compared to Greater Hobart, Oakdowns has about 75% of the construction activity per person and ranks in the 49th percentile nationally for assessed areas, suggesting limited buyer options and strong demand for established homes. Recent building activity consists solely of detached dwellings, maintaining Oakdowns' suburban identity with a focus on family homes. With around 333 people per dwelling approval, Oakdowns exhibits characteristics of a low-density area. AreaSearch's latest quarterly estimate projects Oakdowns to gain 802 residents by 2041. If current development rates persist, housing supply may not keep pace with population growth, potentially intensifying buyer competition and supporting stronger price growth.

Oakdowns has emerging levels of nearby infrastructure activity, ranking in the 27thth percentile nationally

No changes identified by AreaSearch will significantly affect the area's performance. Zero projects have been pinpointed as potentially influential. Key initiatives include Lauderdale Primary School, Droughty Peninsula Structure Plan, Cambridge-Clarence Recycled Water Interconnector, and Tasman Highway Duplication Project. The following list outlines those deemed most pertinent.

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The labour market strength in Oakdowns positions it well ahead of most Australian regions

Oakdowns has a skilled workforce with essential services sectors well represented. Its unemployment rate is 1.4%, as per AreaSearch's aggregation of statistical area data.

As of June 2025, 1,227 residents are employed while the unemployment rate is 2.7% lower than Greater Hobart's rate of 4.1%. Workforce participation in Oakdowns is 72.5%, compared to Greater Hobart's 61.6%. Key industries of employment among residents are health care & social assistance, public administration & safety, and education & training. Oakdowns has a particular specialization in public administration & safety, with an employment share 1.4 times the regional level.

However, accommodation & food services is under-represented, with only 5.8% of Oakdowns's workforce compared to Greater Hobart's 8.0%. The area appears to offer limited local employment opportunities, indicated by the count of Census working population versus resident population. Over the 12 months to June 2025, labour force levels decreased by 1.4%, and employment fell by 1.0% in Oakdowns, resulting in a 0.4 percentage point drop in unemployment rate. This compares to Greater Hobart where employment fell by 1.5%, labour force contracted by 1.6%, and unemployment fell by 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 suggest potential future demand within Oakdowns. These projections, covering five and ten-year periods, indicate national employment should expand by 6.6% over five years and 13.7% over ten years. Applying these industry-specific projections to Oakdowns's employment mix suggests local employment should increase by 6.5% over five years and 13.5% over ten years.

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

AreaSearch's latest postcode level ATO data for financial year 2022 shows that income in Oakdowns is higher than average nationally. The median income is $65,982 while the average income stands at $70,248. This contrasts with Greater Hobart's figures of a median income of $51,272 and an average income of $63,777. Based on Wage Price Index growth of 13.83% since financial year 2022, current estimates for Oakdowns would be approximately $75,107 (median) and $79,963 (average) as of September 2025. According to the 2021 Census, personal income ranks at the 74th percentile ($959 weekly), while household income sits at the 51st percentile. Distribution data shows that 46.2% of individuals in Oakdowns earn between $1,500 and $2,999 per week, mirroring the region where 32.2% occupy this bracket. High housing costs consume 16.2% of income, but strong earnings place disposable income at the 52nd percentile. The area's SEIFA income ranking places it in the 5th decile.

Oakdowns is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

In Oakdowns, as per the latest Census evaluation, 97.8% of dwellings were houses with the remaining 2.2% comprising semi-detached, apartments, and other dwellings. This compares to Hobart metro's 93.4% houses and 6.6% other dwellings. Home ownership in Oakdowns stood at 21.8%, with mortgaged dwellings at 50.5% and rented ones at 27.7%. The median monthly mortgage repayment was $1,517, lower than Hobart metro's average of $1,538. Median weekly rent in Oakdowns was $400, higher than Hobart metro's $350. Nationally, Oakdowns' mortgage repayments were significantly lower than the Australian average of $1,863, while rents exceeded the national figure of $375.

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

Family households constitute 72.9% of all households, including 29.9% couples with children, 27.8% couples without children, and 13.6% single parent families. Non-family households comprise the remaining 27.1%, with lone person households at 25.2% and group households at 2.5%. The median household size is 2.5 people, larger than the Greater Hobart average of 2.4.

Oakdowns demonstrates exceptional educational outcomes, ranking among the top 5% of areas nationally based on AreaSearch's comprehensive analysis of qualification and performance metrics

The area has university qualification rates of 22.6%, significantly lower than the SA4 region average of 32.8%. Bachelor degrees are most common at 14.4%, followed by postgraduate qualifications at 5.1% and graduate diplomas at 3.1%. Vocational credentials are prevalent, with 41.5% of residents aged 15+ holding such qualifications, including advanced diplomas (9.9%) and certificates (31.6%). Educational participation is high, with 29.7% of residents currently enrolled in formal education.

This includes 11.8% in primary education, 5.7% in secondary education, and 4.9% pursuing tertiary education. Schools appear to be located outside the immediate catchment boundaries, requiring families to access schools in neighboring areas.

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

Transport analysis shows ten active transport stops operating within Oakdowns, consisting of bus services only. These stops are served by eleven individual routes, collectively carrying 1605 weekly passenger trips. Transport accessibility is rated excellent, with residents typically located 156 meters from the nearest stop.

Service frequency averages 229 trips per day across all routes, equating to approximately 160 weekly trips per stop.

Oakdowns's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low among the general population though higher than the nation's average across older, at risk cohorts

Oakdowns residents show relatively positive health outcomes, with low prevalence of common conditions among the general population but higher than national averages for older, at-risk cohorts. Private health cover is high at approximately 55% (1,063 people), compared to Greater Hobart's 51.4%.

Mental health issues and arthritis are most prevalent, affecting 11.7% and 8.2% respectively, while 67.2% report no medical ailments, compared to 64.2% in Greater Hobart. The area has 12.6% (243 people) aged 65 and over, lower than Greater Hobart's 21.8%.

Oakdowns ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Oakdowns, as per the findings, had a lower-than-average cultural diversity level with 90.7% of its population being citizens born in Australia speaking English only at home, which was 88.6% and 92.3% respectively. Christianity was the predominant religion, accounting for 43.9% of Oakdowns' population. Islam's representation stood out at 1.1%, higher than Greater Hobart's 0.7%.

The top three ancestry groups were Australian (34.5%), English (34.3%), and Irish (7.0%). Notable differences included overrepresentation of Dutch (1.7% vs regional 1.3%), Korean (0.4% vs 0.2%), and Australian Aboriginal (2.6% vs 2.8%) groups in Oakdowns compared to the broader region.

Oakdowns's young demographic places it in the bottom 15% of areas nationwide

Oakdowns's median age is 33 years, which is younger than Greater Hobart's 39 and the national average of 38. The 25-34 age group makes up 21.3% of Oakdowns' population, higher than Greater Hobart but lower than the national average of 14.5%. The 65-74 cohort is less prevalent in Oakdowns at 6.4%. Between 2021 and present, the 35 to 44 age group has increased from 14.4% to 18.3%, while the 5 to 14 cohort has decreased from 13.7% to 12.2% and the 55 to 64 group has dropped from 8.6% to 7.3%. By 2041, population forecasts indicate that the 45 to 54 age cohort is projected to grow exceptionally, increasing by 223 people (118%) from 189 to 413.