Ranelagh

Ranelagh lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of May 2026, the estimated population of the suburb of Ranelagh is around 1,591. This figure reflects an increase of 107 people since the 2021 Census, which reported a population of 1,484. The change was inferred from AreaSearch's resident population estimate of 1,590 following examination of ABS's latest ERP data release in June 2025 and an additional 21 validated new addresses since the Census date. This results in a population density ratio of 49 persons per square kilometer. Ranelagh's growth rate of 7.2% since the 2021 census exceeded both the state average of 4.0% and the Rest of Tas. figure, indicating it as a growth leader in the region.

Interstate migration contributed approximately 55.00000000000001% of overall population gains during recent periods, with natural growth and overseas migration also being positive factors. AreaSearch uses 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 using a method of weighted aggregation from LGA to SA2 levels. Looking ahead, population projections indicate an increase just below the median of Australia's regional areas, with the suburb expected to grow by 152 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 9.5% in total over the 16 years.

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

AreaSearch analysis of ABS building approval numbers shows Ranelagh experienced around 11 dwelling approvals per year. Between FY21 and FY25, approximately 55 homes were approved, with another 4 approved in FY26 to date. Each dwelling built resulted in an average of 2.8 new residents over the past five financial years.

The average construction cost value for new homes was $478,000, indicating a focus on the premium market. In FY26, commercial approvals totalled $346,000, suggesting minimal commercial development activity. Compared to Rest of Tas., Ranelagh's building activity per person is comparable, maintaining market equilibrium with surrounding areas despite recent moderation in development activity.

All recent building activity consists of detached houses, preserving the area's low-density nature and attracting space-seeking buyers. There are approximately 288 people per dwelling approval, indicating potential for growth. Population forecasts suggest Ranelagh will gain 151 residents by 2041. Given current development patterns, new housing supply should meet demand, providing favourable conditions for buyers and potentially facilitating population growth beyond projections.

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

No infrastructure changes are currently known to affect the area. Zero projects have been identified by AreaSearch as potentially impacting it. Key initiatives include the Greater Hobart Urban Growth Boundary Extension, Tasmanian Irrigation Schemes: Tranche 3, Cethana Pumped Hydro Energy Storage Project, and Marinus Link.

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AreaSearch analysis of employment trends sees Ranelagh performing better than 90% of local markets assessed across Australia

Ranelagh has a skilled workforce with diverse sector representation. Its unemployment rate was 1.1% in the past year, with an estimated employment growth of 3.9%. As of December 2025778 residents were employed, with an unemployment rate of 2.7%, lower than Regional Tas.'s rate of 3.8%.

Workforce participation was at 63.1%, compared to Regional Tas.'s 58.7%. According to Census responses, 10.7% of residents worked from home. Dominant employment sectors included health care & social assistance, agriculture, forestry & fishing, and education & training. The area had a notable concentration in public administration & safety, with employment levels at 1.6 times the regional average.

However, health care & social assistance showed lower representation at 12.0% versus the regional average of 16.5%. Employment opportunities locally appeared limited based on Census working population vs resident population comparison. In the 12-month period ending May-25, employment increased by 3.9%, labour force by 3.3%, and unemployment fell by 0.6 percentage points. National employment forecasts from Jobs and Skills Australia project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Ranelagh's employment mix suggests local employment should increase by 5.9% over five years and 12.6% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.

Income levels sit below national averages according to AreaSearch assessment

The suburb of Ranelagh has a median taxpayer income of $51,280 and an average income of $60,567 according to the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is lower than the national average, contrasting with Regional Tas.'s median income of $49,689 and average income of $59,358. Based on Wage Price Index growth of 10.95% since financial year 2023, current estimates would be approximately $56,895 (median) and $67,199 (average) as of March 2026. From the Census conducted in 2021, household, family, and personal incomes all rank modestly in Ranelagh, between the 40th and 41st percentiles. Income analysis reveals that the predominant cohort spans 40.0% of locals (636 people) with incomes ranging from $1,500 to $2,999, which is consistent with broader trends across the surrounding region showing 28.5% in the same income category. After accounting for housing costs, 85.4% of income remains for other expenses. The area's SEIFA income ranking places it in the 4th decile.

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

In Ranelagh, as per the latest Census evaluation, 96.8% of dwellings were houses, with the remaining 3.3% comprising semi-detached houses, apartments, and other dwelling types. This compares to Regional Tas.'s figures of 89.9% houses and 10.1% other dwellings. Home ownership in Ranelagh stood at 31.2%, with mortgaged dwellings making up 54.2% and rented dwellings accounting for 14.7%. The median monthly mortgage repayment was $1,486, exceeding the Regional Tas. average of $1,274. The median weekly rent in Ranelagh was $330, compared to Regional Tas.'s $250. Nationally, Ranelagh's mortgage repayments were lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

Ranelagh features high concentrations of family households, with a higher-than-average median household size

Family households account for 77.7% of all households, including 35.2% couples with children, 31.0% couples without children, and 10.0% single parent families. Non-family households constitute the remaining 22.3%, with lone person households at 20.7% and group households comprising 1.5%. The median household size is 2.7 people, which is larger than the Regional Tasmanian average of 2.3.

Ranelagh shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

The area's university qualification rate is 20.2%, significantly lower than Australia's average of 30.4%. Bachelor degrees are the most common at 13.1%, followed by postgraduate qualifications (4.1%) and graduate diplomas (3.0%). Vocational credentials are prevalent, with 39.7% of residents aged 15+ holding them, including advanced diplomas (9.0%) and certificates (30.7%). Educational participation is high, with 27.2% currently enrolled in formal education: 12.8% in primary, 7.0% in secondary, and 3.0% in tertiary education.

Educational participation is notably high, with 27.2% of residents currently enrolled in formal education. This includes 12.8% in primary education, 7.0% in secondary education, and 3.0% pursuing tertiary education.

No public transport data available for this catchment area.

Health outcomes in Ranelagh are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts

Ranelagh's health indicators show below-average outcomes, according to AreaSearch's assessment. Mortality rates and chronic condition prevalence are higher than average for both younger and older age groups.

Private health cover is relatively low at approximately 51% of the total population (~814 people), compared to 49.1% across Regional Tas.. The most common medical conditions are mental health issues (9.5%) and arthritis (8.8%). 68.7% of residents report no medical ailments, compared to 62.0% across Regional Tas.. Health outcomes among the working-age population are typical. The area has 17.3% of residents aged 65 and over (275 people), lower than Regional Tas.'s 24.9%. National rankings are broadly in line with the general population.

Ranelagh is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Ranelagh, as per the findings, had a lower than average cultural diversity level with 89.3% of its population born in Australia, 93.8% being citizens, and 96.3% speaking English only at home. Christianity was the predominant religion in Ranelagh, accounting for 41.2% of the population. There was an overrepresentation in the 'Other' category, which constituted 0.6% compared to Regional Tas's 0.7%.

In terms of ancestry, Australian (35.6%), English (31.5%), and Australian Aboriginal (7.5%) were the top three groups represented in Ranelagh. Notably, Dutch (1.7%), Welsh (0.6%), and South Australian (0.3%) ethnic groups were overrepresented compared to regional averages of 1.7%, 0.4%, and 0.2% respectively.

Ranelagh's population is slightly younger than the national pattern

The median age in Ranelagh is 37 years, which is significantly lower than Regional Tasmania's average of 45 years, but aligns closely with Australia's median age of 38 years. Compared to Regional Tas., Ranelagh has a higher proportion of residents aged 5-14 (14.8%) but fewer residents aged 55-64 (9.8%). According to the 2021 Census, the population aged 75-84 grew from 3.9% to 5.2%, while the 15-24 age group increased from 10.3% to 11.4%. Conversely, the 55-64 age group declined from 10.8% to 9.8%. By 2041, demographic projections indicate significant shifts in Ranelagh's age structure. The 45-54 age group is expected to grow by 43%, reaching 278 people from 194. Conversely, the 55-64 and 0-4 age groups are projected to experience population declines.