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Sales Activity
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Population
Ravenswood is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
As of November 2025, Ravenswood's population is estimated at approximately 3,978 people. This figure reflects an increase of 174 individuals since the 2021 Census, which reported a population of 3,804. The latest estimate by AreaSearch, based on examination of the ABS ERP data release from June 2024 and additional validated new addresses, shows a resident population of 3,969. This results in a population density ratio of 397 persons per square kilometer. The suburb's 4.6% growth since the 2021 census surpassed the SA3 area average of 3.9%, indicating Ravenswood as a region leader in population growth. Interstate migration contributed approximately 40.0% to overall population gains during recent periods, with other factors such as natural growth and overseas migration also being positive influences.
AreaSearch employs ABS/Geoscience Australia projections for each SA2 area, released in 2024 using 2022 as the base year. For areas not covered by this data, Tasmania State Government's Regional/LGA projections from 2022 with a 2021 base year are adopted and adjusted using weighted aggregation methods. Looking ahead, population projections indicate an increase just below the median of non-metropolitan areas nationally. By 2041, Ravenswood is expected to grow by 308 persons, reflecting a total increase of 7.5% over the 17-year period based on aggregated SA2-level projections.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Ravenswood 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 shows Ravenswood experienced around 17 dwellings receiving development approval annually over the past five financial years, totalling an estimated 89 homes. So far in FY26, one approval has been recorded. Over these five years, an average of 2.5 new residents per year was gained for each dwelling built, reflecting robust demand that supports property values. New homes were constructed at an average value of $250,000, which is below regional norms, indicating more affordable housing options for purchasers.
This financial year has seen $80,000 in commercial approvals, suggesting minimal commercial development activity. Ravenswood maintains similar construction rates per person relative to the Rest of Tas., supporting market stability in line with regional patterns, although building activity has slowed in recent years. Recent construction comprises 85% detached houses and 15% medium and high-density housing, maintaining the area's traditional low density character focused on family homes appealing to those seeking space.
The estimated count of 362 people per dwelling approval reflects its quiet, low activity development environment. Future projections show Ravenswood adding 299 residents by 2041, according to the latest AreaSearch quarterly estimate. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Ravenswood has emerging levels of nearby infrastructure activity, ranking in the 21stth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified eight projects likely affecting the region. Notable initiatives include Ravenswood Subdivision, Housing Land Supply Ravenswood Order, 38A Faulkner Road Rural Living Rezoning and Subdivision, and UTAS Stadium Redevelopment. The following details those most relevant:.
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Frequently Asked Questions - Infrastructure
Launceston General Hospital Redevelopment
Multi-stage redevelopment of Launceston General Hospital (LGH) delivered over approximately 20 years. Key completed/ongoing works include a new multi-level car park (completed 2023), new helipad, expanded emergency department, new inpatient ward, and mental health precinct. Current Stage 4 (Acute Medical and Surgical Inpatient Wards Project) is under construction with practical completion expected mid-2027. Total project remains on track for completion by early 2040s.
Launceston General Hospital Northern Integrated Mental Health Precinct
New Northern Integrated Mental Health Precinct at Launceston General Hospital comprising a 30-bed Acute Mental Health Unit, 5-bed Short Stay Unit, Recovery College, Safe Haven cafe, and expanded community mental health services. Construction commenced in 2025 as part of the broader LGH Redevelopment Master Plan.
Launceston Hospice
A purpose-built 12-bed palliative care hospice facility located at the historic Allambi Building within the Launceston General Hospital precinct. The facility is designed to replicate a home-like environment, providing dignity, access and connectivity to established gardens and courtyards. It will operate 24 hours a day, seven days a week, offering inpatient and respite care services for community members with life-limiting conditions and their families and carers. Designed by Jaws Architects, the project represents the first dedicated public palliative care hospice in Northern Tasmania since the closure of Phillip Oakden House in 2007. Planning approval was granted by City of Launceston in May 2025, with construction tender advertised shortly after.
Northern Heart Centre
A new $120 million cardiac facility featuring a 24-bed cardiac inpatient unit with two cardiac catheterisation laboratories and dedicated diagnostic testing and monitoring facilities. The three-story building will be strategically positioned on the Frankland Street side of Launceston General Hospital, connected directly to the hospital with seamless access to the Intensive Care Unit, Emergency Department, and Medical Imaging. The Centre will consolidate cardiac care services in one convenient location, enhancing health outcomes for Northern Tasmanians. Development Application submitted May 2025, with construction tenders expected late 2025.
UTAS Stadium Redevelopment
The $130 million redevelopment of UTAS Stadium (York Park) in Launceston is transforming it into a world-class sporting and entertainment venue. Key features include a new Centre West Stand with premium seating, corporate and hospitality facilities, media spaces; a fully redeveloped Eastern Stand with 3,629 new seats and modern amenities; Western Stand infill adding over 2,000 seats total and more than 50 accessible seats; upgraded sports lighting, safety features, spectator facilities, and LED ribbon board. Main construction by Fairbrother Pty Ltd commenced in 2025, with completion expected early 2027 ahead of the Tasmania Football Club's AFL/AFLW entry in 2028. The stadium continues to host events during construction. Managed by Stadiums Tasmania with funding from Tasmanian and Australian Governments.
Northern Suburbs Community Recreation Hub (The Hub)
A $43.6 million (Stage 2) multi-purpose community sport and recreation hub in Mowbray, Launceston. Stage 2 delivers over 10,000 sqm of indoor space with 7 courts (4 dedicated netball, 3 multi-use), rock climbing wall, gymnastics area, gym/dojo/boxing/weights, cafe, community rooms, youth space and spectator seating. As of October 2025, construction is approximately 85% complete by Vos Construction & Joinery, with practical completion expected mid-2026 (delayed from early 2026 due to supply chain and weather impacts). Stage 3 ($18.8 million, 4 additional courts) remains in concept/planning phase with no firm start date. Funded through the Launceston City Deal (Australian Government, Tasmanian Government, City of Launceston).
Ravenswood Subdivision
A planned subdivision on a 12.6 hectare site at 50 Wildor Crescent, Ravenswood, delivering approximately 100 residential lots ranging from 501 square metres to 1863 square metres. The development includes 4421 square metres of public open space and a new road with two junctions to Wildor Crescent. Most lots will initially be available through the MyHome shared equity program, with open market sales after 30 days. The site was transferred to Homes Tasmania in June 2023 under a Housing Land Supply Order.
NTCA Sports Complex Redevelopment
Redevelopment of the NTCA Sports Complex to provide expanded fit-for-purpose facilities for soccer, cricket, and football, including refurbished grounds, new indoor and outdoor cricket training facilities, improved access and additional parking, and a new shared function centre with gymnasium, change rooms, toilets, commercial kitchen, and seating for 350. Addresses safety, operational, and accessibility issues.
Employment
Employment conditions in Ravenswood face significant challenges, ranking among the bottom 10% of areas assessed nationally
Ravenswood's workforce comprises both white and blue-collar jobs across diverse sectors. Its unemployment rate is 13.6%, based on AreaSearch's aggregation of statistical area data.
As of June 2025, 1,400 residents are employed while the unemployment rate stands at 9.7% above Rest of Tas.'s rate of 3.9%. Workforce participation in Ravenswood is 47.7%, compared to Rest of Tas.'s 55.7%. Dominant employment sectors include health care & social assistance, retail trade, and accommodation & food. The area specializes in administrative & support services, with an employment share 2.6 times the regional level.
However, agriculture, forestry & fishing has limited presence at 2.9% compared to the regional 8.4%. Indicatively, Census data shows limited local employment opportunities, as fewer residents work locally than live there. Between June 2024 and June 2025, Ravenswood's labour force decreased by 1.5%, with employment declining by 0.6%, leading to a unemployment reduction of 0.8 percentage points. In contrast, Rest of Tas. saw an employment decline of 0.5% and a labour force decrease of 0.6%, with marginal unemployment fall. Jobs and Skills Australia's national employment forecasts from Sep-22 project overall employment growth of 6.6% over five years and 13.7% over ten years. However, applying these projections to Ravenswood's specific industry mix suggests local employment should increase by 6.0% over five years and 12.9% over ten years, though these are illustrative extrapolations not accounting for localized population changes.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
AreaSearch's aggregation of latest postcode level ATO data for financial year 2022 shows Ravenswood had a median income among taxpayers of $34,458 and an average level of $43,337. These figures are lower than the national averages of $47,358 and $57,384 respectively in Rest of Tas. Based on Wage Price Index growth of 13.83% since financial year 2022, current estimates suggest median income would be approximately $39,224 and average income around $49,331 as of September 2025. Census data indicates household, family, and personal incomes in Ravenswood all fall between the 0th and 3rd percentiles nationally. The earnings profile shows that 34.5% of residents (1,372 people) earn between $400 - 799 per week, differing from metropolitan regions where the $1,500 - 2,999 category is most prevalent at 28.5%. The prevalence of lower-income residents (46.9% under $800/week) suggests constrained household budgets across much of this suburb. Housing affordability pressures are severe, with only 80.3% of income remaining after housing costs, ranking at the 3rd percentile nationally.
Frequently Asked Questions - Income
Housing
Ravenswood is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
Ravenswood's dwelling structure, as recorded in the latest Census, consisted of 79.7% houses and 20.3% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Tas. had 82.1% houses and 17.9% other dwellings. Home ownership in Ravenswood was at 22.2%, with mortgaged dwellings at 26.4% and rented dwellings at 51.4%. The median monthly mortgage repayment in the area was $867, below Non-Metro Tas.'s average of $1,300. The median weekly rent figure for Ravenswood was $225, compared to Non-Metro Tas.'s $280. Nationally, Ravenswood's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Ravenswood features high concentrations of lone person households, with a fairly typical median household size
Family households constitute 63.0% of all households, including 18.7% couples with children, 18.7% couples without children, and 24.0% single parent families. Non-family households account for the remaining 37.0%, with lone person households at 33.6% and group households comprising 3.3%. The median household size is 2.3 people, which aligns with the average in the Rest of Tas.
Frequently Asked Questions - Households
Local Schools & Education
Ravenswood faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area's university qualification rate is 7.4%, significantly lower than the Australian average of 30.4%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are most common at 5.3%, followed by postgraduate qualifications (1.5%) and graduate diplomas (0.6%). Trade and technical skills are prominent, with 35.4% of residents aged 15+ holding vocational credentials – advanced diplomas (6.0%) and certificates (29.4%).
Educational participation is high at 29.6%, including 14.1% in primary education, 8.2% in secondary education, and 1.9% pursuing tertiary education. Ravenswood Heights Primary School and Northern Support School serve a total of 380 students. The area's educational conditions index (ICSEA) is 876. There are two schools: one primary and one K-12. The school places per 100 residents ratio is 9.6, below the regional average of 18.3, indicating some students may attend schools in nearby areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Ravenswood has 25 active public transport stops, all of which are bus stops. These stops are served by 20 different routes that together facilitate 1,517 weekly passenger trips. The average distance from residents' homes to the nearest transport stop is 157 meters.
On average, there are 216 trips per day across all routes, equating to around 60 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Ravenswood is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts
Ravenswood faces significant health challenges, with various conditions affecting both younger and older residents. Private health cover is low at approximately 44%, covering around 1,764 people, compared to Tasmania's average of 50.6%. Nationally, the average private health cover is 55.3%.
Mental health issues and asthma are the most prevalent conditions, affecting 13.4% and 12.6% of residents respectively. However, 54.2% report having no medical ailments, compared to 63.9% in the rest of Tasmania. Ravenswood has 16.7% of residents aged 65 and over (664 people), lower than Tasmania's average of 19.9%. The health outcomes among seniors are broadly in line with the general population's health profile.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees Ravenswood placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
Ravenswood had a cultural diversity index below average, with 89.4% citizens, 92.8% born in Australia, and 96.3% speaking English only at home. Christianity was the predominant religion, comprising 35.0%. The most notable overrepresentation was in 'Other', which accounted for 0.8%, compared to 1.1% regionally.
Top ancestry groups were English (36.6%), Australian (34.1%), and Australian Aboriginal (7.3%). Korean, Sri Lankan, and Lebanese groups showed similar representation locally (0.1%) as regionally (0.1%).
Frequently Asked Questions - Diversity
Age
Ravenswood's population is slightly younger than the national pattern
Ravenswood has a median age of 36, which is lower than the Rest of Tas. figure of 45 and the national norm of 38. The 5-14 age group makes up 15.3% of Ravenswood's population, higher than the Rest of Tas., while the 65-74 cohort constitutes 9.0%, lower than the Rest of Tas. Following the Census in 2021, the 25 to 34 age group increased from 13.8% to 14.8%. Conversely, the 45 to 54 cohort decreased from 13.5% to 12.1%, and the 65 to 74 group dropped from 10.1% to 9.0%. Demographic projections indicate significant changes in Ravenswood's age profile by 2041. The 15 to 24 group is expected to grow by 20%, reaching 650 people from the current 541. Meanwhile, population declines are projected for the 65 to 74 and 35 to 44 cohorts.