Park Grove

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

As of November 2025, Park Grove's estimated population is around 2,740, reflecting a 127-person increase since the 2021 Census. The ABS reported a population of 2,613 in 2021. AreaSearch estimated the resident population at 2,714 by June 2024 using ERP data from the ABS and validated new addresses since the Census date. This results in a density ratio of 1,234 persons per square kilometer, above the national average assessed by AreaSearch. Park Grove's growth rate of 4.9% since 2021 exceeds both its SA3 area (4.1%) and SA4 region. Interstate migration contributed approximately 59.0% of overall population gains in recent periods.

Population projections indicate a decline by 97 persons to 2,643 by 2041, with specific age cohorts like the 75-84 group projected to grow by 41 people during this period.

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

AreaSearch analysis of ABS building approval numbers indicates around 4 new homes approved annually in Park Grove. Between FY-21 and FY-25, approximately 24 homes were approved, with an additional 2 approved so far in FY-26. On average, 4.2 new residents arrive per year for each dwelling constructed over the past five financial years.

This supply lagging demand typically results in heightened buyer competition and pricing pressures. New properties are constructed at an average value of $469,000, slightly above the regional average, suggesting a focus on quality developments. In FY-26, there have been $12.2 million in commercial approvals, indicating steady commercial investment activity. Compared to Rest of Tas., Park Grove has significantly less development activity (55.0% below regional average per person), which typically strengthens demand and prices for existing properties. This lower activity also reflects market maturity and possible development constraints.

Recent development has been entirely comprised of detached houses, sustaining the area's suburban identity with a concentration of family homes suited to buyers seeking space. The location has approximately 929 people per dwelling approval, demonstrating an established market. With population projections showing stability or decline, Park Grove should see reduced housing demand pressures, benefiting potential buyers.

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

The performance of an area can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified three projects expected to impact the area: Homes Tasmania - Park Grove Subdivision, Futuna Ave and West Park Grove Roundabout, University of Tasmania - Cradle Coast Campus Redevelopment (West Park), and Marinus Link. 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 of employment trends sees Park Grove performing better than 90% of local markets assessed across Australia

Park Grove has a skilled workforce with low unemployment of 1.3%. It saw employment growth of 2.7% in the year ending June 2025.

As of this date, 1,473 residents are employed, with an unemployment rate of 2.6%, lower than Rest of Tas.'s 3.9%. Workforce participation is high at 64.7%, compared to Rest of Tas.'s 55.7%. Key industries include health care & social assistance, education & training, and retail trade. The area specializes in health care & social assistance, with an employment share of 1.3 times the regional level, while agriculture, forestry & fishing employs just 2.2% of local workers, below Rest of Tas.'s 8.4%.

Employment opportunities locally may be limited, as indicated by Census data comparing working population to resident population. In the year ending June 2025, employment increased by 2.7%, while labour force increased by a similar rate, keeping unemployment flat. This contrasts with Rest of Tas., where employment contracted by 0.5% and unemployment fell marginally. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Park Grove's employment mix suggests local employment should increase by 6.5% over five years and 13.9% over ten years, though this is a simplified extrapolation for illustrative purposes only.

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

Park Grove has a high national income level according to ATO data aggregated by AreaSearch for the financial year ending June 2022. The median income among taxpayers in Park Grove is $59,597 and the average income stands at $72,454. This compares to figures for the Rest of Tas., which have a median income of $47,358 and an average income of $57,384. Based on Wage Price Index growth of 13.83% since June 2022, estimates as of September 2025 would be approximately $67,839 for median income and $82,474 for average income. According to the Census conducted in August 2021, incomes in Park Grove cluster around the 53rd percentile nationally. The data shows that 33.6% of residents (920 people) fall into the $1,500 - 2,999 income bracket, similar to the regional average of 28.5%. After housing costs, residents retain 89.5% of their income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 6th decile.

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

In Park Grove, as per the latest Census evaluation, 96.5% of dwellings were houses with the remaining 3.5% comprising semi-detached homes, apartments, and other types. This is compared to Non-Metro Tas., which had 90.3% houses and 9.7% other dwellings. Home ownership in Park Grove stood at 41.0%, similar to Non-Metro Tas., with mortgaged dwellings at 37.9% and rented ones at 21.1%. The median monthly mortgage repayment was $1,400, higher than the Non-Metro Tas. average of $1,200. The median weekly rent in Park Grove was $300, lower than the Non-Metro Tas. figure of $240. Nationally, Park Grove's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

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

Family households constitute 72.2% of all households, including 31.8% couples with children, 29.1% couples without children, and 10.1% single parent families. Non-family households account for the remaining 27.8%, with lone person households at 26.1% and group households comprising 2.0%. The median household size is 2.5 people, larger than the Rest of Tas. average of 2.3.

Educational attainment in Park Grove aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 23.4% among residents aged 15+, exceeding the SA3 area average of 15.3% and the SA4 region average of 15.5%. Bachelor degrees are most common at 14.3%, followed by postgraduate qualifications (5.9%) and graduate diplomas (3.2%). Vocational credentials are prominent, with 35.5% of residents aged 15+ holding such qualifications – advanced diplomas at 9.7% and certificates at 25.8%.

Educational participation is high, with 30.3% of residents currently enrolled in formal education: 11.8% in primary, 9.3% in secondary, and 5.0% in tertiary education. Burnie Primary School and Stella Maris Catholic School serve a total of 706 students, with typical Australian school conditions (ICSEA: 1003) and balanced educational opportunities. Both schools focus on primary education, with secondary options available nearby. The area functions as an education hub, offering 25.8 school places per 100 residents – significantly higher than the regional average of 16.2 – and attracting students from surrounding communities.

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

Park Grove has 13 operational public transport stops. These are served by a mix of buses along 47 different routes. Together, these routes facilitate 4,051 weekly passenger trips.

The area's transport accessibility is deemed good, with residents on average located 241 meters from the nearest stop. Service frequency averages 578 trips per day across all routes, translating to about 311 weekly trips per individual stop.

Park Grove's residents are healthier than average in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Park Grove's health data shows positive outcomes for its residents, with common health conditions being relatively standard across both young and elderly age groups. Approximately 56% (~1,530 people) have private health cover, higher than Rest of Tas.'s 48.9%.

The most prevalent medical conditions are asthma (8.1%) and mental health issues (7.7%), with 70.1% reporting no medical ailments, compared to 60.3% in Rest of Tas.. Park Grove has 18.0% (493 people) aged 65 and over, lower than Rest of Tas.'s 24.7%. Seniors' health outcomes are notably strong, surpassing the general population's metrics.

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

Park Grove had a lower cultural diversity, with 89.1% citizens, 84.8% born in Australia, and 90.0% speaking English only at home. Christianity was the predominant religion, comprising 45.8%. Hinduism was overrepresented at 2.4%, compared to 0.6% regionally.

Top ancestry groups were English (33.4%), Australian (30.3%), and Irish (7.7%). Sri Lankan, Australian Aboriginal, and Dutch groups showed notable divergences in representation.

Park Grove's population is slightly older than the national pattern

Park Grove's median age is 39 years, which is lower than the Rest of Tasmania average of 45 years and close to the national average of 38 years. The 5-14 age group constitutes 15.1% of Park Grove's population, higher than the Rest of Tasmania figure. Conversely, the 65-74 cohort makes up 9.0%. Post-2021 Census data indicates that the 15 to 24 age group has increased from 13.1% to 14.1%, while the 45 to 54 cohort has decreased from 13.5% to 12.9%. By 2041, Park Grove's age profile is projected to change significantly. The 75 to 84 cohort is expected to grow by 19%, adding 36 residents to reach 231. Residents aged 65 and above will drive 99% of population growth. Conversely, declines are projected for the 0 to 4 and 25 to 34 age cohorts.