Taroona

An assessment of population growth drivers in Taroona reveals an overall ranking slightly below national averages considering recent, and medium term trends

The population of Taroona, as estimated based on ABS updates and AreaSearch validations as of November 2025, is approximately 3,107. This figure reflects a decrease of 14 people since the 2021 Census, which recorded a population of 3,121. The change is inferred from an estimated resident population of 3,102 by AreaSearch following examination of the latest ERP data release by the ABS in June 2024, along with an additional 11 validated new addresses since the Census date. This results in a density ratio of 535 persons per square kilometer. Population growth was primarily driven by overseas migration during recent periods.

For projections, AreaSearch adopts ABS/Geoscience Australia figures for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, Tasmania State Government's Regional/LGA projections from 2022 with a base year of 2021 are used, adjusted employing weighted aggregation methods. Future population dynamics anticipate an above median growth for statistical areas nationally, with Taroona expected to increase by 444 persons to 2041 based on aggregated SA2-level projections, reflecting a gain of 13.6% over the 17 years.

The level of residential development activity in Taroona is very low in comparison to the average area assessed nationally by AreaSearch

AreaSearch analysis of ABS building approval numbers in Taroona shows around 9 dwelling approvals per year over the past 5 financial years, totalling an estimated 46 homes. No approvals have been recorded so far in FY-2026. The area has experienced population decline, with housing supply adequate relative to demand, resulting in a well-balanced market and good buyer choice. New dwellings are developed at an average cost of $754,000, targeting the premium market segment.

In this financial year, there have been $47,000 in commercial approvals, indicating the area's residential nature. Compared to Greater Hobart, Taroona has around two-thirds the rate of new dwelling approvals per person and ranks among the 39th percentile nationally, reflecting relatively constrained buyer choice and interest in existing properties. Recent construction comprises 75.0% detached dwellings and 25.0% medium and high-density housing, preserving the area's low density nature and attracting space-seeking buyers. This shift indicates decreasing availability of developable sites and changing lifestyles requiring more diverse housing options. The estimated population per dwelling approval is 440 people, reflecting Taroona's quiet development environment.

AreaSearch estimates predict a growth of 422 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially increasing buyer competition and supporting price increases.

Taroona has limited levels of nearby infrastructure activity, ranking in the 16thth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified one major project likely affecting this region. Key projects include Richardsons Road Residential Development in Sandford, Southern Outlet Transit Lane, Kingston Bypass Duplication, Algona Road Roundabout Upgrade, and Droughty Peninsula Structure Plan. The following list details those most relevant.

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

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.

The labour market in Taroona shows considerable strength compared to most other Australian regions

Taroona has a highly educated workforce with professional services being well-represented. As of June 2025, the unemployment rate is 2.3%, according to AreaSearch's aggregation of statistical area data.

In this month, 1,577 residents are employed while the unemployment rate is 1.8% lower than Greater Hobart's rate of 4.1%. Workforce participation in Taroona is somewhat below standard at 59.6%, compared to Greater Hobart's 61.6%. Leading employment industries among residents include education & training, health care & social assistance, and professional & technical services. Notably, education & training has an employment share of 1.8 times the regional level in Taroona.

Conversely, retail trade is under-represented with only 5.4% of Taroona's workforce compared to Greater Hobart's 9.6%. The area appears to offer limited local employment opportunities, as indicated by the count of Census working population versus resident population. Between June 2024 and June 2025, the labour force decreased by 1.8% while employment declined by 2.0%, causing the unemployment rate to rise by 0.3 percentage points in Taroona. In contrast, Greater Hobart recorded an employment decline of 1.5%, a labour force decline of 1.6%, and a fall in unemployment of 0.2 percentage points during the same period. Jobs and Skills Australia's national employment forecasts from Sep-22 offer insights into potential future demand within Taroona. These projections, covering five and ten-year periods, suggest that national employment should 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 Taroona's employment mix suggests local employment should increase by 7.0% over five years and 14.4% over ten years, though it is important to note that this is a simple weighting extrapolation for illustrative purposes and does not consider localised population projections.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows Taroona's median income among taxpayers is $54,933, with an average of $75,162. This is higher than the national averages and compares to Greater Hobart's median of $51,272 and average of $63,777. Based on Wage Price Index growth of 13.83% since financial year 2022, estimated incomes for September 2025 would be approximately $62,530 (median) and $85,557 (average). According to the 2021 Census, household, family and personal incomes in Taroona are around the 58th percentile nationally. Income brackets indicate that 33.1% of residents earn between $1,500 and $2,999 weekly, reflecting regional patterns where 32.2% fall within this range. After housing costs, residents retain 89.3% of their income, indicating strong purchasing power. The area's SEIFA income ranking places it in the 8th decile.

Taroona is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Taroona's dwelling structures, as per the latest Census, consisted of 96.8% houses and 3.2% other dwellings. In contrast, Hobart metro had 92.5% houses and 7.5% other dwellings. Home ownership in Taroona was at 51.4%, with mortgaged dwellings at 33.2% and rented ones at 15.3%. The median monthly mortgage repayment was $1,733, higher than Hobart metro's $1,647 but lower than the national average of $1,863. Median weekly rent in Taroona was $420, higher than Hobart metro's $385 and substantially above the national figure of $375.

Taroona has a typical household mix, with a lower-than-average median household size

Family households constitute 72.1% of all households, including 31.5% couples with children, 30.1% couples without children, and 9.9% single parent families. Non-family households comprise the remaining 27.9%, with lone person households at 24.7% and group households at 2.6%. The median household size is 2.5 people, which is smaller than the Greater Hobart average of 2.6.

Taroona shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Taroona is notably high with 55.8% of residents aged 15+ holding university qualifications, surpassing both Tasmania's state average of 25.5% and Australia's national average of 30.4%. Bachelor degrees are the most common at 32.3%, followed by postgraduate qualifications (16.5%) and graduate diplomas (7.0%). Vocational pathways account for 19.1% of qualifications among those aged 15+, with advanced diplomas at 9.1% and certificates at 10.0%. Educational participation is high, with 30.5% of residents currently enrolled in formal education, including 10.2% in secondary education, 8.7% in primary education, and 6.9% pursuing tertiary education.

Taroona Primary School and Taroona High School serve a total of 1,455 students, with the area demonstrating significant socio-educational advantages (ICSEA score: 1130). Educational provision is conventional, with one primary and one secondary institution serving the area's residents. The area functions as an education hub, offering 46.8 school places per 100 residents, significantly higher than the regional average of 16.5.

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

Transport analysis shows 23 active transport stops in Taroona, serving a mix of buses. These stops are covered by 44 individual routes, offering 4061 weekly passenger trips collectively. Residential accessibility to transport is rated excellent, with residents typically located 195 meters from the nearest stop.

Service frequency averages 580 trips per day across all routes, equating to approximately 176 weekly trips per stop.

Health outcomes in Taroona are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts

Taroona's health indicators show below-average results, with common health conditions slightly more prevalent than average across both younger and older age groups. Approximately 57% (~1,769 people) have private health cover, higher than Greater Hobart's 53.9%.

The most frequent medical conditions are arthritis (10.6%) and mental health issues (10.0%). About 65.5% of residents report no medical ailments, compared to 66.9% in Greater Hobart. Taroona has 23.4% (727 people) aged 65 and over, higher than Greater Hobart's 20.8%. Health outcomes among seniors are notably strong, outperforming the general population in health metrics.

The level of cultural diversity witnessed in Taroona was found to be above average when compared nationally for a number of language and cultural background related metrics

Taroona's population shows above-average cultural diversity, with 11.8% speaking a language other than English at home and 25.1% born overseas. Christianity is the dominant religion in Taroona, accounting for 30.2%. Buddhism, at 1.6%, is overrepresented compared to Greater Hobart's 1.2%.

The top three ancestry groups are English (32.1%), Australian (23.1%), and Scottish (10.2%). Notable divergences include Welsh (1.2% vs regional 0.6%), Dutch (1.9% vs 3.2%), and Irish (10.0% vs 8.4%).

Taroona hosts an older demographic, ranking in the top quartile nationwide

Taroona's median age is 47, which is higher than Greater Hobart's figure of 39 and also above the national average of 38. The age profile indicates that those aged 55-64 are notably prominent at 14.6%, while the 25-34 group is smaller at 8.2% compared to Greater Hobart. Between the 2021 Census and now, the 75-84 age group has grown from 6.3% to 8.4%, and the 15-24 cohort has increased from 12.6% to 13.7%. Conversely, the 65-74 cohort has declined from 13.7% to 12.0%. Looking ahead to 2041, demographic projections show significant shifts in Taroona's age structure. Notably, the 45-54 group is projected to grow by 48%, reaching 664 people from 447. Conversely, population declines are projected for the 65-74 and 35-44 cohorts.