Cambridge

Population growth drivers in Cambridge are above average based on AreaSearch's ranking of recent, and medium to long-term trends

Cambridge's population was approximately 8,990 as of February 2026. This figure represents an increase of 417 people since the 2021 Census, which recorded a population of 8,573. The change is inferred from the estimated resident population of 8,853 in June 2024 and an additional 327 validated new addresses since the Census date. This results in a population density ratio of 88 persons per square kilometer. Over the past decade, Cambridge has exhibited a compound annual growth rate of 1.5%, outperforming its SA4 region. Natural growth contributed approximately 54.0% of overall population gains during recent periods.

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 and to estimate post-2032 growth by age group, Tasmania State Government's Regional/LGA projections are adopted, released in 2022 with a base year of 2021, adjusted using weighted aggregation from LGA to SA2 levels. Based on projected demographic shifts, Cambridge is expected to experience population growth just below the national median by 2041. The latest annual ERP population numbers project an increase of 1,127 persons by 2041, reflecting a total increase of 11.0% over 17 years.

Residential development activity is slightly higher than average within Cambridge when compared nationally

Cambridge averaged around 33 new dwelling approvals annually over the past five financial years from FY-21 to FY-25, totaling 167 homes. In FY-26, 31 dwellings have been approved so far. This has led to an average of 4.2 people moving to the area per dwelling built each year during this period, indicating significant demand outpacing supply and potentially putting upward pressure on prices.

The average construction value of new properties was $374,000, suggesting a focus on premium market developments. In FY-26, $40.2 million in commercial development approvals have been recorded, reflecting robust local business investment. Compared to Greater Hobart, Cambridge shows approximately 63% of the construction activity per person and ranks at the 38th percentile nationally, implying limited buyer options but strong demand for established dwellings.

Recent building activity consists solely of detached houses, maintaining the area's low-density nature and attracting space-seeking buyers. The current population estimate is 487 people per dwelling approval, reflecting a quiet development environment. Future projections suggest Cambridge will add 990 residents by 2041. Present construction rates appear balanced with future demand, fostering steady market conditions without excessive price pressure.

Cambridge has limited levels of nearby infrastructure activity, ranking in the 6thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch identified 16 projects that may impact this area. Notable projects include the Tasman Highway Duplication Project, Cambridge-Clarence Recycled Water Interconnector, Lauderdale Primary School project, and Cambridge Primary School Redevelopment. The following list details those most relevant.

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

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AreaSearch analysis of employment trends sees Cambridge performing better than 85% of local markets assessed across Australia

Cambridge has a highly educated workforce with prominent essential services sectors. Its unemployment rate was 1.4% as of September 2025. At this time, Cambridge's unemployment rate was 2.6 percentage points lower than Greater Hobart's rate of 4.0%.

Workforce participation in Cambridge was 68.1%, slightly higher than Greater Hobart's 63.8%. According to Census responses, only 12.0% of residents worked from home. The key industries of employment among Cambridge residents were health care & social assistance, construction, and public administration & safety. Construction had a particularly high representation, with an employment share 1.4 times the regional level.

Conversely, accommodation & food services were under-represented, with only 5.0% of Cambridge's workforce compared to Greater Hobart's 8.0%. The ratio of 0.6 workers per resident indicated ample local employment opportunities. Between September 2024 and September 2025, Cambridge's labour force decreased by 0.9%, accompanied by a 0.9% decline in employment, keeping the unemployment rate relatively stable. In contrast, Greater Hobart experienced an employment decline of 0.7% and a labour force decrease of 0.9%, resulting in a 0.2 percentage point increase in its unemployment rate. Jobs and Skills Australia's national employment forecasts from May-25 projected a 6.6% expansion in national employment over five years and 13.7% over ten years. Applying these projections to Cambridge's employment mix suggested a local employment increase of 6.6% over five years and 13.6% over ten years, though this was a simple weighting extrapolation for illustrative purposes and did not account for localized population projections.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

The median taxpayer income in Cambridge SA2 was $60,871 according to postcode level ATO data aggregated by AreaSearch for financial year 2023. The average income was $75,703 during this period. Nationally, these figures are high compared to Greater Hobart's median income of $54,577 and average income of $65,190 in the same year. Based on Wage Price Index growth of 9.6% since financial year 2023, estimated median income for Cambridge is approximately $66,715 as of September 2025, with an average of around $82,970 during this period. Census data indicates that household, family and personal incomes in Cambridge rank between the 77th and 77th percentiles nationally. The earnings profile shows that 33.7% of residents earn between $1,500 and $2,999 weekly, with a total of 3,029 residents falling into this category. This aligns with the surrounding region where this cohort represents 32.2%. Cambridge demonstrates significant affluence with 32.3% earning over $3,000 per week, supporting premium retail and service offerings. After housing costs, residents retain 89.2% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 7th decile.

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

The dwelling structure in Cambridge, as per the latest Census report, consisted of 96.5% houses and 3.4% other dwellings such as semi-detached homes, apartments, and 'other' dwellings. This is compared to Hobart metro's structure which was 85.3% houses and 14.7% other dwellings. The home ownership rate in Cambridge stood at 42.7%, with the remaining dwellings either mortgaged (49.8%) or rented (7.5%). The median monthly mortgage repayment in Cambridge was $1,800, higher than Hobart metro's average of $1,517. The median weekly rent figure in Cambridge was recorded at $400, compared to Hobart metro's $350. Nationally, Cambridge's mortgage repayments were lower than the Australian average of $1,863, while rents exceeded the national figure of $375.

Cambridge features high concentrations of family households, with a higher-than-average median household size

Family households account for 81.1% of all households, including 39.6% couples with children, 32.0% couples without children, and 8.7% single parent families. Non-family households constitute the remaining 18.9%, with lone person households at 17.4% and group households comprising 1.5%. The median household size is 2.8 people, larger than the Greater Hobart average of 2.4.

The educational profile of Cambridge exceeds national averages, with above-average qualification levels and academic performance metrics

University qualification levels in Cambridge are at 28.9%, slightly below the SA4 region average of 32.8%. Bachelor degrees are the most common, with 19.4% of residents holding one. Postgraduate qualifications and graduate diplomas follow, at 5.9% and 3.6% respectively.

Vocational credentials are prominent, with 37.5% of residents aged 15+ having them. Advanced diplomas account for 11.7%, while certificates make up 25.8%. Educational participation is high, with 27.3% of residents currently enrolled in formal education. This includes 10.8% in primary education, 7.8% in secondary education, and 3.9% pursuing tertiary education.

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

Transport analysis indicates 103 operational public transport stops in Cambridge, with a variety of bus services. These stops are served by 215 distinct routes, facilitating 16,405 weekly passenger journeys. Transport accessibility is assessed as moderate, with residents typically residing 482 metres from the nearest stop. In this predominantly residential area, most commuters travel outward, with cars remaining the primary mode of transport at 94%. On average, there are 2.1 vehicles per dwelling, exceeding the regional norm. According to the 2021 Census, only 12% of residents work from home, which may be influenced by COVID-19 conditions.

Service frequency averages 2,343 trips daily across all routes, equating to roughly 159 weekly trips per individual stop. The accompanying map illustrates the 100 nearest stops to the location's centrepoint.

Cambridge's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis shows Cambridge performed well on health metrics, based on AreaSearch's assessment of mortality rates and chronic condition prevalence. Common health conditions had very low prevalence across all age groups.

Private health cover was high at approximately 57% of the total population (~5,088 people), compared to 51.7% in Greater Hobart. The most common medical conditions were arthritis (9.9%) and mental health issues (7.6%). 68.7% declared themselves completely clear of medical ailments, compared to 65.5% across Greater Hobart. Working-age population health outcomes were broadly typical. Cambridge had 23.5% residents aged 65 and over (2,110 people), higher than Greater Hobart's 19.9%. Senior health outcomes were strong, with national rankings in line with the general population.

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

Cambridge's cultural diversity was found to be below average, with 88.6% of its population born in Australia, 94.2% being citizens, and 96.4% speaking English only at home. The predominant religion in Cambridge is Christianity, comprising 46.1% of the population, compared to 39.8% across Greater Hobart. In terms of ancestry, the top three groups are English (36.5%), Australian (30.4%), and Irish (8.8%).

Notably, Dutch (1.5%) and Welsh (0.6%) are overrepresented in Cambridge compared to regional averages of 1.5% and 0.5%, respectively. Polish representation is slightly lower at 0.7% compared to the region's 0.8%.

Cambridge's median age exceeds the national pattern

The median age in Cambridge is 43 years, which is significantly higher than Greater Hobart's average of 39 years and also considerably older than Australia's median age of 38 years. Compared to Greater Hobart, Cambridge has a higher proportion of residents aged 65-74 (13.9%) but fewer residents aged 25-34 (7.3%). According to the 2021 Census, the proportion of residents aged 75-84 increased from 5.3% to 7.8%, while the proportion of those aged 65-74 rose from 11.8% to 13.9%. Conversely, the proportion of residents aged 25-34 decreased from 9.9% to 7.3%, and the proportion of those aged 55-64 dropped from 15.7% to 13.8%. Looking forward to 2041, demographic projections indicate significant shifts in Cambridge's age structure. Notably, the 45-54 age group is expected to grow by 49%, reaching 1,727 people from 1,155. However, the 15-24 and 25-34 age cohorts are projected to experience population declines.