Chart Color Schemes
est. as @ -- *
2021 Census | -- people
Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
Find a Recent Sale
Sales Detail
Population
Rasmussen has seen population growth performance typically on par with national averages when looking at short and medium term trends
As of Nov 2025, Rasmussen's population is estimated at around 5,059, reflecting an increase of 390 people since the 2021 Census. This growth represents an 8.4% rise from the previous population count of 4,669. The change was inferred from AreaSearch's resident population estimate of 4,858, based on examination of ABS ERP data released in June 2024 and additional validated new addresses since the Census date. This results in a density ratio of 916 persons per square kilometer, which aligns with averages seen across locations assessed by AreaSearch. Rasmussen's growth exceeded that of both its SA4 region (6.9%) and SA3 area, marking it as a growth leader. Natural growth contributed approximately 64.0% to overall population gains during recent periods, although all drivers including overseas migration and interstate migration were positive factors.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data or years post-2032, Queensland State Government's SA2 area projections from 2023, based on 2021 data, are utilized. However, these state projections do not provide age category splits, so proportional growth weightings in line with ABS Greater Capital Region projections released in 2023, based on 2022 data, are applied for each age cohort when necessary. Future population trends indicate a median increase just below locations outside of capital cities, with the suburb expected to grow by 625 persons to 2041, reflecting an 8.3% total increase over the 17 years.
Frequently Asked Questions - Population
Development
Recent residential development output has been above average within Rasmussen when compared nationally
Based on AreaSearch analysis of ABS building approval numbers, allocated from statistical area data, Rasmussen recorded around 17 residential properties granted approval per year. Approximately 89 homes were approved over the past five financial years, between FY2021 and FY2025. As of FY2026, about 40 homes have been approved so far.
On average, 1.9 people moved to the area annually for each dwelling built during these five years, suggesting balanced supply and demand with stable market conditions. The average construction cost value of new homes was $332,000, which is below regional levels, indicating more affordable housing options for buyers. In FY2026, $5.2 million in commercial approvals have been registered, suggesting limited focus on commercial development.
Compared to the Rest of Qld, Rasmussen has 12.0% less new development per person but ranks among the 81st percentile nationally when considering building activity, which has accelerated recently. New developments consist of 75.0% detached dwellings and 25.0% medium and high-density housing, preserving the area's low density nature while attracting space-seeking buyers with an average of 134 people per dwelling approval. According to AreaSearch's latest quarterly estimate, Rasmussen is expected to grow by approximately 421 residents through to 2041. Given current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers and potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
Rasmussen has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified twelve projects potentially impacting the region. Notable initiatives comprise Riverway Plaza Phase Two Expansion, Riverstone Estate development, Somers and Hervey Estate improvements, and River Parks Estate plans. The following details projects deemed most pertinent:.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.
Frequently Asked Questions - Infrastructure
Riverstone Estate
Riverstone Estate is a 254-hectare masterplanned residential community in Townsville's growth corridor. Construction is well underway with multiple stages released and civil works progressing. The estate will deliver over 1,800 residential lots for more than 5,000 future residents, plus future retail, education, community facilities, extensive parklands and riverfront walkways along the Bohle River.
Riverway Plaza Stage 2 Extension
Stage 2 extension of Riverway Plaza delivers a new full-line Coles supermarket (3,585 sqm), approximately 30-35 specialty stores, Snap Fitness gym (650 sqm) on level 1, medical and commercial tenancies, and Townsville's first retail basement car park with 140 spaces plus travelator access. Additional shaded surface parking of 64 bays. The project completes the district centre upgrade that began with Stage 1 (Woolworths) in 2021.
River Parks Estate
River Parks is a master-planned residential community spanning 72 hectares in Kelso, designed for families and young professionals. The development features approximately 1000 homes, two major parks, 2.3 kilometers of walking and cycling pathways, a planned convenience center, childcare center, and village with shops and cafe. Located 20km southwest of Townsville CBD with easy access to the Ross River.
Ross River Dam to Douglas Water Treatment Plant Pipeline Renewal
Renewal and duplication of a 9.5km pipeline connecting Ross River Dam to Douglas Water Treatment Plant, enhancing resilience and water security for Townsville, which supplies approximately 85% of the city's water.
Douglas Water Treatment Plant Clarifiers Upgrade
The project involved the installation of two new clarifiers at the Douglas Water Treatment Plant to double the number of clarifiers, enhancing water treatment capacity during tropical weather events and providing additional water security for Townsvilles growing population. The new infrastructure treats 950 litres per second through Module 3 and 1100 litres per second through Module 4.
First Nations Social Housing Project (Rasmussen)
Construction is underway on 24 new social homes at 1145 Riverway Drive, Rasmussen. The project is being delivered by Yumba-Meta Limited with Queensland Government support as part of a broader pipeline of social and community housing across North Queensland. Units are intended to meet Social Housing Design guidelines and accessibility standards. Public statements indicate completion is targeted for late 2025.
Brookstone on the Park Estate
A boutique residential estate in the heart of the Ross River precinct in Condon, Townsville, offering 72 homes with convenience and lifestyle features, close to shopping, dining, educational facilities, and with easy access to the Ring Road. Developed as a family-oriented community with access to local amenities in the Upper Ross area.
Limestone Estate
Boutique residential subdivision in Condon (Townsville) delivering 54 land lots near schools, shops and Riverway. Development by Centurion Global; estate reported sold out after staged releases.
Employment
AreaSearch assessment indicates Rasmussen faces employment challenges relative to the majority of Australian markets
Rasmussen has a balanced workforce with white and blue collar jobs, well-represented essential services sectors. Its unemployment rate is 11.4%, based on AreaSearch's aggregation of statistical area data.
As of June 2025, Rasmussen has 2,037 residents employed while its unemployment rate stands at 7.5%, significantly higher than Rest of Qld's rate of 3.9%. Workforce participation is at par with Rest of Qld's 59.1%. Dominant employment sectors include health care & social assistance, public administration & safety, and retail trade. The area shows strong specialization in public administration & safety, employing 2.4 times the regional level.
Conversely, agriculture, forestry & fishing employs just 0.8% of local workers, below Rest of Qld's 4.5%. Limited employment opportunities locally are indicated by Census working population vs resident population count. In a 12-month period ending Sep-22, labour force decreased by 2.3%, employment declined by 5.7%, causing unemployment to rise by 3.2 percentage points in Rasmussen. This contrasts with Rest of Qld where employment rose by 1.8%, labour force grew by 2.0%, and unemployment rose by 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project a 6.6% increase over five years and 13.7% over ten years for national employment. Applying these projections to Rasmussen's employment mix suggests local employment should increase by 6.3% over five years and 13.3% over ten years, though this is a simple weighting extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
The area's income profile falls below national averages based on AreaSearch analysis
AreaSearch's latest postcode level ATO data for financial year ending June 2022 shows that income in Rasmussen is below the national average. The median assessed income was $54,930 and the average income stood at $61,546. This contrasts with Rest of Qld's figures where the median income was $50,780 and the average income was $64,844. Based on Wage Price Index growth of 13.99% since financial year ending June 2022, current estimates would be approximately $62,615 (median) and $70,156 (average) as of September 2025. According to the 2021 Census, household, family and personal incomes in Rasmussen rank modestly, between the 30th and 32nd percentiles. The earnings profile shows that 35.0% of locals (1,770 people) fall into the $1,500 - 2,999 income category, similar to metropolitan regions where 31.7% occupy this range. Housing affordability pressures are severe in Rasmussen, with only 83.9% of income remaining after housing costs, ranking at the 30th percentile.
Frequently Asked Questions - Income
Housing
Rasmussen is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
As of the latest Census evaluation, Rasmussen's dwelling structure consisted of 88.9% houses and 11.1% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Non-Metro Qld's 81.3% houses and 18.7% other dwellings. Home ownership in Rasmussen was at 19.4%, with the rest of dwellings either mortgaged (36.6%) or rented (44.0%). The median monthly mortgage repayment in Rasmussen was $1,343, below Non-Metro Qld's average of $1,517 and the national average of $1,863. The median weekly rent figure in Rasmussen was recorded at $263, compared to Non-Metro Qld's $305 and the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Rasmussen features high concentrations of group households, with a higher-than-average median household size
Family households account for 73.4% of all households, including 28.3% couples with children, 24.9% couples without children, and 19.1% single parent families. Non-family households make up the remaining 26.6%, with lone person households at 22.3% and group households comprising 4.2% of the total. The median household size is 2.7 people, larger than the Rest of Qld average of 2.5.
Frequently Asked Questions - Households
Local Schools & Education
Rasmussen faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 11.9%, significantly lower than the Australian average of 30.4%. Bachelor degrees are the most common at 8.9%, followed by graduate diplomas (1.6%) and postgraduate qualifications (1.4%). Vocational credentials are held by 42.6% of residents aged 15 and above, with advanced diplomas at 8.6% and certificates at 34.0%. Educational participation is high, with 33.1% of residents currently enrolled in formal education.
This includes 13.4% in primary, 9.6% in secondary, and 3.9% in tertiary education. Good Shepherd Catholic School and Rasmussen State School serve a total of 704 students and have an ICSEA value of 865. Both schools focus on primary education, with secondary options available nearby.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis shows 16 active stops operating in Rasmussen, offering mixed bus services. These stops are served by one route, collectively handling 241 weekly passenger trips. Transport accessibility is rated good, with residents typically located 376 meters from the nearest stop.
Service frequency averages 34 trips per day across all routes, equating to approximately 15 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Rasmussen is well below average with considerably higher than average prevalence of common health conditions and to an even higher degree among older age cohorts
Rasmussen faces significant health challenges, with a notably higher prevalence of common health conditions compared to average SA2 areas.
This is particularly true for older age cohorts. Approximately 52% (~2,609 people) have private health cover, slightly lower than the average area's rate. Mental health issues and arthritis are the most prevalent conditions, affecting 10.6% and 8.6% of residents respectively. However, 65.2% of residents report no medical ailments, compared to 67.8% in Rest of Qld. The area has 12.3% (622 people) aged 65 and over, lower than the 14.9% in Rest of Qld. Health outcomes among seniors require more attention than those for the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Rasmussen is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Rasmussen's population was found to be below average in cultural diversity, with 88.0% being citizens, 89.6% born in Australia, and 94.5% speaking English only at home. Christianity was the predominant religion, comprising 47.8% of Rasmussen's population. However, the most notable overrepresentation was in the 'Other' category, which accounted for 0.7% compared to the regional average of 0.7%.
In terms of ancestry, Australian was the top group at 27.8%, followed by English at 27.0% and Australian Aboriginal at 10.3%, significantly higher than the regional average of 5.0%. Notable divergences were observed in Maori (0.8% vs regional 0.5%), Maltese (0.4% vs 0.3%), and Samoan (0.1% vs 0.1%) representation.
Frequently Asked Questions - Diversity
Age
Rasmussen hosts a very young demographic, ranking in the bottom 10% of areas nationwide
Rasmussen's median age was 31 years, significantly younger than Queensland's rest at 41 years and the national average of 38 years. The age group 25-34 had a strong representation of 17.9% compared to Queensland's rest, while the 65-74 cohort was less prevalent at 7.3%. Between 2021 and the present, the 25-34 age group grew from 15.2% to 17.9% of the population. Conversely, the 5-14 age group declined from 15.9% to 13.9%, and the 45-54 age group decreased from 12.3% to 10.7%. By 2041, Rasmussen's population is projected to see significant demographic changes. The 25-34 age cohort is expected to increase by 283 people (31%), growing from 905 to 1,189. Conversely, population declines are forecast for the 55-64 and 5-14 age cohorts.