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 per ABS population updates for the broader area and new addresses validated by AreaSearch, the suburb of Ranelagh's estimated population is around 1,606 as of Feb 2026. This reflects an increase of 122 people (8.2%) since the 2021 Census, which reported a population of 1,484 people. The change was inferred from the resident population of 1,589 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 21 validated new addresses since the Census date. This level of population equates to a density ratio of 49 persons per square kilometer. Ranelagh's growth of 8.2% since the 2021 census exceeded the state average of 5.3%, making it a growth leader in the region. Interstate migration contributed approximately 55.00000000000001% of overall population gains during recent periods, with all drivers including natural growth and overseas migration being positive factors.

AreaSearch adopted ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022. For areas not covered by this data, Tasmania State Government's Regional/LGA projections released in 2022 with a base year of 2021 were adopted with adjustments made using a method of weighted aggregation of population growth from LGA to SA2 levels. Looking ahead, the suburb is expected to grow by 175 persons to reach an estimated total of 1,781 by 2041 based on aggregated SA2-level projections, reflecting a gain of 10.9% over the 17-year period.

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 allocated from statistical area data indicates Ranelagh experienced around 11 dwelling approvals per year. Over the past five financial years, between FY2021 and FY2025, approximately 57 homes were approved, with an additional 3 approved so far in FY2026. Each dwelling built resulted in an average of 2.6 new residents over these five years, reflecting strong demand that supports property values.

The average construction cost value for new homes was $478,000, suggesting developers focus on the premium market with high-end developments. This financial year has seen $346,000 in commercial approvals, indicating minimal commercial development activity. Compared to the Rest of Tas., Ranelagh exhibits similar building activity per capita, maintaining market balance consistent with surrounding areas, though recent periods have shown some moderation.

All recent building activity consists of detached houses, preserving the area's low-density nature and attracting space-seeking buyers. There are approximately 246 people per dwelling approval in the location, indicating potential for growth. Population forecasts suggest Ranelagh will gain 175 residents by 2041 (based on AreaSearch's latest quarterly estimate). Given current development patterns, new housing supply should meet demand, providing good conditions for buyers and potentially facilitating population growth beyond current projections.

Ranelagh has emerging levels of nearby infrastructure activity, ranking in the 23rdth percentile nationally

No changes can significantly affect a region's performance like alterations to local infrastructure, major projects, and planning initiatives. AreaSearch has identified zero projects that are expected to impact this area. Notable projects include Greater Hobart Urban Growth Boundary Extension, Tasmanian Irrigation Schemes: Tranche 3, Cethana Pumped Hydro Energy Storage Project, and Marinus Link, with the following list outlining those 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 Ranelagh performing better than 90% of local markets assessed across Australia

Ranelagh has a skilled workforce with diverse sector representation. As of September 2025, the unemployment rate was 1.1%. The area's unemployment rate is 2.7% below Rest of Tas.'s rate of 3.8%, and workforce participation is 62.8%, compared to Rest of Tas.'s 58.6%.

Based on Census responses, 10.7% of residents worked from home. Dominant employment sectors include health care & social assistance, agriculture, forestry & fishing, and education & training. The area shows strong specialization in public administration & safety, with an employment share 1.6 times the regional level. Health care & social assistance employs 12.0% of local workers, below Rest of Tas.'s 16.5%.

The area may offer limited local employment opportunities. Between May-24 and Apr-25, labour force decreased by 1.7%, employment declined by 1.3%, resulting in a 0.5 percentage point fall in unemployment rate. In contrast, Rest of Tas.'s employment rose by 0.7%. National employment forecasts from May-25 suggest Ranelagh's employment should increase by 5.9% over five years and 12.6% over ten years.

Income levels sit below national averages according to AreaSearch assessment

According to AreaSearch's aggregation of the latest postcode level ATO data released for financial year ended June 2023, the suburb of Ranelagh had a median income among taxpayers of $51,280 with the average level standing at $60,567. This is lower than average on a national basis and compares to levels of $49,689 and $59,358 across Rest of Tas. respectively. Based on Wage Price Index growth rate of 9.6% since financial year ended June 2023, current estimates would be approximately $56,203 (median) and $66,381 (average) as of September 2025. According to the Census conducted in August 2021, household, family and personal incomes all rank modestly in Ranelagh, between the 40th and 41st percentiles. Distribution data shows 40.0% of the population (642 individuals) fall within the $1,500 - $2,999 income range, consistent with broader trends across the surrounding region showing 28.5% in the same category. After housing costs, 85.4% of income remains for other expenses and 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 3.2% being semi-detached, apartments, or other types. This contrasts with Non-Metro Tas.'s 89.9% houses and 10.1% other dwellings. Home ownership in Ranelagh stood at 31.2%, with mortgaged properties at 54.2% and rented ones at 14.7%. The median monthly mortgage repayment was $1,486, higher than Non-Metro Tas.'s average of $1,274. The median weekly rent in Ranelagh was recorded as $330, compared to Non-Metro Tas.'s $250. Nationally, Ranelagh's mortgage repayments were lower at $1,486 than the Australian average of $1,863, and rents were also lower at $330 compared to the national figure of $375.

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

Family households constitute 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 comprise the remaining 22.3%, with lone person households at 20.7% and group households making up 1.5%. The median household size is 2.7 people, which is larger than the Rest of Tas. 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 stands at 20.2%, significantly lower than Australia's average of 30.4%. Bachelor degrees are the most prevalent among qualifications, with a rate of 13.1%, followed by postgraduate qualifications (4.1%) and graduate diplomas (3.0%). Vocational credentials are common, with 39.7% of residents aged 15 and above holding them. Advanced diplomas account for 9.0% and certificates make up 30.7%.

Educational participation is 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, as assessed by AreaSearch using mortality rates and chronic condition prevalence. Common health conditions are slightly more prevalent than average across both younger and older age groups.

Private health cover is relatively low at approximately 51% of the total population (~821 people), compared to 49.1% in Rest of Tas.. The most common medical conditions are mental health issues (9.5%) and arthritis (8.8%). 68.7% of residents declare themselves completely clear of medical ailments, compared to 62.0% in Rest of Tas.. Health outcomes among the working-age population are typical. The area has 17.6% of residents aged 65 and over (282 people), which is lower than the 24.9% in Rest of Tas.. 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's cultural diversity was found to be below average, with 89.3% of its population born in Australia, 93.8% being citizens, and 96.3% speaking English only at home. Christianity is the main religion in Ranelagh, comprising 41.2% of people there. Notably, the 'Other' category comprises 0.6% of Ranelagh's population, compared to 0.7% across Rest of Tas..

The top three ancestry groups in Ranelagh are Australian at 35.6%, English at 31.5%, and Australian Aboriginal at 7.5%. Some ethnic groups show notable differences: Dutch is overrepresented at 1.7% (vs regional 1.7%), Welsh at 0.6% (vs regional 0.4%), and South African at 0.3% (vs regional 0.2%).

Ranelagh's population is slightly younger than the national pattern

The median age in Ranelagh is 37 years, which is significantly lower than the average of 45 years for the Rest of Tasmania (Rest of Tas.). It is also essentially aligned with Australia's median age of 38 years. Compared to Rest of Tas., Ranelagh has a higher proportion of residents aged 5-14 years (15.0%) but fewer residents aged 55-64 years (9.8%). According to the 2021 Census, the proportion of residents aged 75-84 years has increased from 3.9% to 5.4%, while the proportion of residents aged 15-24 years has risen from 10.3% to 11.6%. Conversely, the proportion of residents aged 55-64 years has decreased from 10.8% to 9.8%. Looking ahead to 2041, demographic projections indicate significant shifts in Ranelagh's age structure. Notably, the 45-54 age group is expected to grow by 44%, reaching 284 people from 197. Conversely, the 0-4 and 35-44 age cohorts are projected to experience population declines.