Risdon Vale

Population growth drivers in Risdon Vale are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

As of November 2025, the estimated population of Risdon Vale is around 3,579 people. This reflects a growth of 408 individuals since the 2021 Census, which reported a population of 3,171 people. The increase is inferred from AreaSearch's estimation of the resident population at 3,466 based on the latest ERP data release by the ABS in June 2024 and an additional 254 validated new addresses since the Census date. This results in a density ratio of approximately 270 persons per square kilometer. Risdon Vale's growth rate of 12.9% since the 2021 census exceeds that of its SA4 region (4.3%) and the metropolitan area, indicating it as a growth leader. Interstate migration contributed about 68.0% to overall population gains during recent periods, with all drivers including natural growth and overseas migration 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, Tasmania State Government's Regional/LGA projections released in 2022 with a base year of 2021 are adopted and adjusted using weighted aggregation methods from LGA to SA2 levels. Looking ahead, population projections indicate an increase just below the median for Australian statistical areas, with Risdon Vale expected to grow by 351 persons to 2041, reflecting a total increase of approximately 5.5% over the 17-year period.

AreaSearch assessment of residential approval activity sees Risdon Vale among the top 30% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers shows Risdon Vale recorded approximately 33 residential properties granted approval annually. Between FY-21 to FY-25, around 166 homes were approved, with 13 more in FY-26 so far. On average, each dwelling built over the past five financial years attracted two new residents.

The average construction cost value of new homes was $411,000. This year, $64.4 million in commercial approvals have been registered, indicating high local commercial activity. Compared to Greater Hobart, Risdon Vale has 63.0% more development activity per person. All approved residential properties were detached dwellings, maintaining the area's low density nature and attracting space-seeking buyers.

With approximately 92 people per approval, Risdon Vale is a developing area. By 2041, AreaSearch projects an increase of 198 residents. Current development patterns suggest that new housing supply will meet demand, creating favourable conditions for buyers and potentially facilitating population growth beyond current projections.

Risdon Vale has limited levels of nearby infrastructure activity, ranking in the 17thth percentile nationally

No changes can influence a region's performance more than modifications to local infrastructure, major projects, and planning initiatives. Zero projects have been identified by AreaSearch that could potentially impact this area. Key projects include Northern Suburbs Transit Corridor (NSTC), Homes Tasmania Social Housing Program, Brighton to Cambridge Freight Route Study, and Cambridge-Clarence Recycled Water Interconnector. The following list details those likely to be most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Risdon Vale face significant challenges, ranking among the bottom 10% of areas assessed nationally

Risdon Vale has a balanced workforce consisting of both white and blue collar jobs. Essential services sectors are well represented in the area.

According to AreaSearch's aggregation of statistical area data, the unemployment rate in Risdon Vale is 10.8%. As of June 2025, there were 1,102 residents employed, with an unemployment rate of 6.7%, which is higher than Greater Hobart's rate of 4.1%. Workforce participation in Risdon Vale lags behind Greater Hobart at 43.4% compared to 61.6%. The leading employment industries among Risdon Vale residents are health care & social assistance, retail trade, and construction.

Notably, retail trade has employment levels that are 1.5 times the regional average. However, professional & technical services are under-represented in Risdon Vale, with only 3.0% of its workforce compared to Greater Hobart's 6.6%. The area appears to offer limited local employment opportunities, as indicated by the difference between the Census working population and resident population. Over a 12-month period ending Sep-22, labour force decreased by 1.7%, while employment declined by 2.3% in Risdon Vale, resulting in an unemployment rate rise of 0.7 percentage points. In contrast, Greater Hobart experienced an employment decline of 1.5% and a labour force decline of 1.6%, with a 0.2 percentage point drop in its unemployment rate. Jobs and Skills Australia's national employment forecasts from Sep-22 provide insight into potential future demand within Risdon Vale. These projections suggest that national employment will expand by 6.6% over five years and 13.7% over ten years. However, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Risdon Vale's employment mix suggests that local employment should increase by 6.4% over five years and 13.4% over ten years. These estimates are based on a simple weighting extrapolation for illustrative purposes and do not take into account localised population projections.

Income figures position the area below 75% of locations analysed nationally by AreaSearch

Risdon Vale's median taxpayer income was $49,530 and average income was $52,040 in financial year 2022, according to postcode level ATO data aggregated by AreaSearch. This is lower than the national average of $67,183. Greater Hobart had a median income of $51,272 and an average of $63,777 during the same period. Based on Wage Price Index growth from 2022 to September 2025 (13.83%), estimated incomes for Risdon Vale would be approximately $56,380 median and $59,196 average by then. Census data indicates that Risdon Vale's household, family, and personal incomes all fall between the 12th and 13th percentiles nationally. The most common income bracket in Risdon Vale is $800 - 1,499, with 32.8% of locals (1,173 people) earning within this range. This differs from the surrounding region where the predominant income category is $1,500 - 2,999 at 32.2%. Housing affordability pressures are severe in Risdon Vale, with only 81.7% of income remaining after housing costs, ranking at the 11th percentile nationally.

Risdon Vale is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

Risdon Vale's dwellings, as per the latest Census, consisted of 94.1% houses and 5.9% other types such as semi-detached homes, apartments, and 'other' dwellings. In contrast, Hobart metro had 93.4% houses and 6.6% other dwellings. Home ownership in Risdon Vale stood at 22.6%, with mortgaged dwellings at 42.6% and rented ones at 34.8%. The median monthly mortgage repayment was $1,083, below Hobart metro's average of $1,538. The median weekly rent in Risdon Vale was $320, compared to Hobart metro's $350. Nationally, Risdon Vale's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

Risdon Vale has a typical household mix, with a higher-than-average median household size

Family households account for 70.0% of all households, including 25.0% couples with children, 21.0% couples without children, and 22.0% single parent families. Non-family households constitute the remaining 30.0%, with lone person households at 26.6% and group households comprising 3.2%. The median household size is 2.5 people, larger than the Greater Hobart average of 2.4.

Risdon Vale faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally

The area's university qualification rate is 11.5%, significantly lower than the SA4 region average of 32.8%. Bachelor degrees are most common at 8.4%, followed by postgraduate qualifications at 2.2% and graduate diplomas at 0.9%. Vocational credentials are prevalent, with 33.5% of residents aged 15+ holding them, including advanced diplomas (5.2%) and certificates (28.3%). Educational participation is high, with 43.5% of residents currently enrolled in formal education: 19.2% in primary, 11.0% in secondary, and 3.3% in tertiary.

Risdon Vale Primary School serves the area, enrolling 169 students. The school's ICSEA score is 869, indicating varied educational conditions. It offers primary education only; secondary options are available nearby. Local school capacity is limited, with 4.7 places per 100 residents compared to the regional average of 14.3, leading many families to travel for schooling.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Risdon Vale has 27 operational public transport stops, all serving buses. These stops are covered by 27 distinct routes, facilitating a total of 2,498 weekly passenger trips. The average distance from residents to the nearest stop is 122 meters, indicating excellent transport accessibility.

Daily service frequency averages 356 trips across all routes, translating to approximately 92 weekly trips per individual stop.

Health performance in Risdon Vale is well below average with a range of health conditions having marked impacts on both younger and older age cohorts

Risdon Vale faces significant health challenges, as indicated by health data. Multiple conditions affect both younger and older residents. Private health cover is low at approximately 48%, covering around 1,710 people, compared to Greater Hobart's 51.4% and the national average of 55.3%.

Mental health issues and asthma are prevalent, affecting 13.7% and 10.6% respectively. About 60.6% report no medical ailments, lower than Greater Hobart's 64.2%. The area has a smaller proportion of seniors aged 65 and over at 10.8%, or approximately 386 people, compared to Greater Hobart's 21.8%. Senior health outcomes present challenges broadly in line with the general population's health profile.

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

Risdon Vale's cultural diversity was found to be below average. Its population composition showed that 74.3% were citizens, 92.3% were born in Australia, and 94.9% spoke English only at home. Christianity was the predominant religion, accounting for 34.4% of Risdon Vale's population.

However, the 'Other' category comprised a notably lower proportion, at 0.7%, compared to Greater Hobart's 0.9%. In terms of ancestry, the top three groups were English (36.4%), Australian (34.4%), and Australian Aboriginal (7.7%). Notably, the Polish ethnic group was overrepresented in Risdon Vale, making up 0.6% of its population compared to the regional figure of 0.7%.

Risdon Vale hosts a young demographic, positioning it in the bottom quartile nationwide

Risdon Vale's median age is 34 years, which is lower than Greater Hobart's average of 39 years and the Australian median of 38 years. Compared to Greater Hobart, Risdon Vale has a higher proportion of residents aged 25-34 (21.7%) but fewer residents aged 65-74 (4.9%). This concentration of 25-34 year-olds is notably higher than the national average of 14.5%. Between the 2021 Census and the present, the proportion of residents aged 25 to 34 has increased from 20.3% to 21.7%, while the proportion of those aged 15 to 24 has decreased from 12.6% to 11.6%. By 2041, demographic modeling predicts significant changes in Risdon Vale's age profile. The 45-54 age group is projected to grow by 62%, adding 242 residents and reaching a total of 636. In contrast, both the 65-74 and 25-34 age groups are expected to decrease in number.