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

Based on analysis of ABS population updates for the broader area, the estimated population of Ranelagh as of Nov 2025 is around 1,594. This reflects an increase of 110 people since the 2021 Census, which reported a population of 1,484. The change is inferred from the resident population of 1,581 estimated by AreaSearch following examination of the latest ERP data release by the ABS in June 2024 and an additional 20 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 7.4% since the 2021 census exceeded the state average of 4.8%. Population growth for the suburb was primarily driven by interstate migration, contributing approximately 55% 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, Tasmania State Government's Regional/LGA projections released in 2022 with a base year of 2021 are adopted with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Moving forward, demographic trends suggest a population increase just below the median of regional areas across the nation. The suburb is expected to increase by 174 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 11.6% in total over the 17 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 has experienced around 10 dwelling approvals per year. Between FY-21 and FY-25, approximately 53 homes were approved, with none so far in FY-26. This translates to an average of 2.8 new residents per year for each dwelling built over the past five financial years, reflecting strong demand that supports property values.

The average construction cost value of new homes is $478,000, moderately above regional levels, indicating a focus on quality construction. In FY-26, $1.9 million in commercial approvals have been registered, suggesting minimal commercial development activity. Compared to the Rest of Tas., Ranelagh exhibits similar building activity per person, maintaining market balance with surrounding areas.

Recent building activity consists solely of detached houses, preserving the area's low-density nature and attracting space-seeking buyers. Currently, there are approximately 246 people per dwelling approval in Ranelagh, indicating potential for growth. By 2041, Ranelagh is projected to gain 185 residents based on AreaSearch's latest quarterly estimate. Given current development patterns, new housing supply should meet demand, providing favorable conditions for buyers and potentially facilitating population growth beyond current projections.

Ranelagh has limited levels of nearby infrastructure activity, ranking in the 15thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified zero projects that could impact this area. Notable projects include the Greater Hobart Urban Growth Boundary Extension, Tasmanian Irrigation Schemes: Tranche 3, Cethana Pumped Hydro Energy Storage Project, and Marinus Link, with the following list highlighting those most relevant.

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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 and an unemployment rate of 1.2%, according to AreaSearch's aggregation of statistical area data. As of June 2025764 residents are employed while the unemployment rate is 2.8% lower than Rest of Tas.'s rate of 3.9%.

Workforce participation in Ranelagh stands at 66.7%, surpassing Rest of Tas.'s rate of 55.7%. The dominant employment sectors among residents include health care & social assistance, agriculture, forestry & fishing, and education & training. Notably, public administration & safety is particularly strong with an employment share 1.6 times the regional level. Conversely, health care & social assistance employs only 12.0% of local workers, below Rest of Tas.'s 16.5%.

The area appears to offer limited local employment opportunities, as suggested by the count of Census working population versus resident population. Between Jun-24 and Jul-25, Ranelagh's labour force decreased by 4.7%, with employment declining by 4.5%, resulting in a fall of 0.2 percentage points in unemployment rate. In contrast, Rest of Tas. saw employment contract by 0.5% and the labour force fall by 0.6%. 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 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 localized population projections.

Income levels sit below national averages according to AreaSearch assessment

AreaSearch aggregated latest postcode level ATO data released for financial year 2022. Ranelagh had a median income among taxpayers of $51,280 and an average level of $60,567. These figures were lower than the national averages of $47,358 and $57,384 across Rest of Tas. respectively. Based on Wage Price Index growth of 13.83% since financial year 2022, estimated median income as of September 2025 would be approximately $58,372 and average income around $68,943. According to 2021 Census figures, household, family, and personal incomes in Ranelagh ranked modestly between the 40th and 41st percentiles. Income distribution showed that 40.0% of the population (637 individuals) fell within the $1,500 - $2,999 income range, consistent with broader trends across the surrounding region where 28.5% were in the same category. After housing costs, 85.4% of income remained for other expenses. The area's SEIFA income ranking placed it in the 4th decile.

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

Ranelagh's dwelling structure, as per the latest Census, consisted of 96.8% houses and 3.3% other dwellings. In comparison, Non-Metro Tas.'s dwelling structure was also 96.8% houses and 3.2% other dwellings. Home ownership in Ranelagh stood at 31.2%, with the rest being mortgaged (54.2%) or rented (14.7%). The median monthly mortgage repayment in Ranelagh was $1,486, higher than Non-Metro Tas.'s average of $1,300. Median weekly rent in Ranelagh was $330, compared to Non-Metro Tas.'s $290. Nationally, Ranelagh's mortgage repayments were lower at $1,486 versus Australia's 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 comprise 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 make up the remaining 22.3%, consisting of 20.7% lone person households and 1.5% group households. The median household size is 2.7 people, larger than the Rest of Tas. average of 2.4.

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%. This disparity presents both challenges and opportunities for targeted educational initiatives. Bachelor degrees are the most common, at 13.1%, followed by postgraduate qualifications (4.1%) and graduate diplomas (3.0%). Vocational credentials are also 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% 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. Educational facilities appear to be located outside the immediate catchment boundaries, requiring families to access schools in neighboring areas.

No public transport data available for this catchment area.

Ranelagh's residents are relatively healthy in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts

Ranelagh's health metrics are close to national benchmarks, with a standard level of common health conditions seen across both young and old age cohorts. Approximately 51% of Ranelagh's total population (~815 people) have private health cover, slightly lagging behind the average SA2 area's 57%.

This compares to Rest of Tas' 47.1%. The most prevalent medical conditions are mental health issues (9.5%) and arthritis (8.8%), with 68.7% of residents declaring themselves completely clear of medical ailments, compared to Rest of Tas' 62.7%. Ranelagh has 16.8% of residents aged 65 and over (267 people), which is lower than Rest of Tas' 25.4%, but broadly in line with the general population's health profile.

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 data, showed lower cultural diversity with 89.3% of its residents born in Australia, 93.8% being citizens, and 96.3% speaking English only at home. Christianity was the predominant religion, accounting for 41.2%. The 'Other' religious category had a slightly higher representation in Ranelagh at 0.6%, compared to 0.7% regionally.

Regarding ancestry, Australians made up 35.6%, which is notably higher than the regional average of 28.5%. English ancestry followed at 31.5%, and Australian Aboriginal at 7.5%. Some ethnic groups showed notable representation: Dutch (1.7%), Welsh (0.6%), and South African (0.3%), each matching their respective regional averages.

Ranelagh's population is slightly younger than the national pattern

The median age in Ranelagh is 37 years, which is significantly lower than Rest of Tas.'s average of 45 years, and it is essentially aligned with Australia's median age of 38 years. Compared to Rest of Tas., Ranelagh has a higher percentage of residents aged 5-14 (15.2%) but fewer residents aged 55-64 (10.2%). According to the 2021 Census, the population aged 75 to 84 grew from 3.9% to 5.1%, while the percentage of those aged 55 to 64 decreased from 10.8% to 10.2%. By 2041, demographic projections indicate significant shifts in Ranelagh's age structure. Notably, the 45-54 age group is expected to grow by 46%, reaching 284 people from 194. Conversely, the 0-4 and 55-64 age groups are projected to experience population declines.