Cambridge

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

Based on AreaSearch's analysis, Cambridge's population is around 8994 as of May 2026. This reflects an increase of 421 people since the 2021 Census, which reported a population of 8573 people. The change is inferred from the estimated resident population of 8883 from the ABS as of June 2025 and an additional 336 validated new addresses since the Census date. This level of population equates to a density ratio of 88 persons per square kilometer. Cambridge's growth rate of 4.9% since the 2021 census exceeded the SA4 region (3.9%) and Greater Hobart, marking it as a growth leader in the region. Population growth was primarily driven by overseas migration, contributing approximately 57.9% of overall population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered, Tasmania State Government's Regional/LGA projections are adopted with adjustments made employing a method of weighted aggregation from LGA to SA2 levels. Considering projected demographic shifts, a population increase just below the median of national areas is expected for Cambridge by 2041 based on latest annual ERP population numbers, reflecting an increase of 10.2% in total over the 16 years.

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

Cambridge averaged approximately 33 new dwelling approvals annually over the past five financial years, from FY-21 to FY-25, with a total of 167 homes approved during this period and an additional 41 approved in FY-26. On average, 4.2 people moved to the area per year for each dwelling built between FY-21 and FY-25, indicating that demand significantly outpaces supply, which typically exerts upward pressure on prices and intensifies competition among buyers. The average construction value of new properties was $374,000, suggesting developers focus on the premium market with high-end developments.

In FY-26, commercial development approvals totaled $40.2 million, reflecting strong local business investment. Compared to Greater Hobart, Cambridge exhibits approximately 62% of construction activity per person and ranks in the 38th percentile nationally, implying limited buyer options while bolstering demand for established dwellings. Recent building activity consists solely of detached houses, preserving the area's low-density nature and attracting space-seeking buyers.

The estimated population density is 487 people per dwelling approval, reflecting a quiet, low-activity development environment. Future projections anticipate Cambridge adding 921 residents by 2041, according to the latest AreaSearch quarterly estimate. Current 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 2ndth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 16 projects likely to impact this area. Notable projects include the Tasman Highway Duplication Project, Cambridge-Clarence Recycled Water Interconnector, Lauderdale Primary School, 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.

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.

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

Cambridge has a well-educated workforce with essential services sectors well represented. Its unemployment rate is 1.4%. Over the past year, there's been relative employment stability.

As of December 2025, 4,922 residents are employed while the unemployment rate is 2.7% below Greater Hobart's rate of 4.0%. Workforce participation is at 67.9%, slightly higher than Greater Hobart's 63.7%. According to Census responses, 12.0% of residents work from home. Key industries for employment are health care & social assistance, construction, and public administration & safety.

Cambridge has a particular specialization in construction, with an employment share 1.4 times the regional level. Conversely, accommodation & food services is under-represented at 5.0%, compared to Greater Hobart's 8.0%. The ratio of 0.6 workers per resident indicates above-average local employment opportunities. Between December 2024 and December 2025, Cambridge's labour force decreased by 0.1% with no change in employment levels, keeping the unemployment rate stable. In contrast, Greater Hobart saw employment growth of 0.1% and a labour force decline of 0.1%, resulting in a 0.2 percentage point drop in unemployment. National employment forecasts from Jobs and Skills Australia suggest Cambridge's employment should increase by 6.6% over five years and 13.6% over ten years, based on industry-specific projections applied to Cambridge's employment mix.

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. Nationally, these figures are high, contrasting with Greater Hobart's median income of $54,577 and average income of $65,190. Based on Wage Price Index growth of 10.95% since financial year 2023, estimated incomes as of March 2026 would be approximately $67,536 (median) and $83,992 (average). Census data shows that household, family, and personal incomes in Cambridge rank highly nationally, between the 77th and 77th percentiles. The earnings profile indicates that the largest segment comprises 33.7% earning $1,500 - $2,999 weekly, with a total of 3,030 residents falling into this category. This aligns with the surrounding region where this cohort represents 32.2%. Cambridge demonstrates considerable affluence with 32.3% earning over $3,000 per week. 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 latest Census evaluated dwelling structures in Cambridge with 96.5% houses and 3.4% other dwellings, compared to Hobart metro's 85.3% houses and 14.7% other dwellings. Home ownership in Cambridge was 42.7%, with mortgaged dwellings at 49.8% and rented ones at 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 $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 constitute 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 comprise the remaining 18.9%, with lone person households at 17.4% and group households making up 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 at 19.4%, followed by postgraduate qualifications at 5.9% and graduate diplomas at 3.6%. Vocational credentials are held by 37.5% of residents aged 15 and above, with advanced diplomas at 11.7% and certificates at 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 in Cambridge indicates 103 operational public transport stops, all serving buses. These stops are served by 215 unique routes, facilitating a total of 16,405 weekly passenger trips. The accessibility to these stops is rated moderate, with residents typically residing 482 meters from the nearest stop. As a predominantly residential area, most commuting occurs outward. Private cars remain the primary mode of transport at 94%. Vehicle ownership averages 2.1 per dwelling, exceeding the regional average.

According to the 2021 Census data, which may have been influenced by COVID-19 conditions, only 12% of residents work from home. On average, service frequency across all routes amounts to 2,343 trips daily, equating to approximately 159 weekly trips per individual stop. The accompanying map illustrates the locations of the 100 nearest stops relative to a specified centrepoint.

Cambridge's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

Health outcomes data shows excellent results across Cambridge, based on AreaSearch's assessment of mortality rates and chronic condition prevalence, indicating very low prevalence of common health conditions across all age groups. The rate of private health cover is found to be high at approximately 57% of the total population (~5,090 people), compared to 51.7% across Greater Hobart.

The most prevalent medical conditions in the area are arthritis and mental health issues, affecting 9.9 and 7.6% of residents respectively, while 68.7% declared themselves completely clear of medical ailments, compared to 65.5% across Greater Hobart. Health outcomes among the working-age population are generally typical. The area has 23.4% of residents aged 65 and over (2,103 people), which is higher than the 20.0% in Greater Hobart. Health outcomes among seniors are particularly strong, with national rankings broadly 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 dominant 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 represented 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 figures of 1.5% and 0.5%, respectively. Polish representation is slightly lower at 0.7% compared to the regional figure of 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 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 population aged 75-84 grew from 5.3% to 7.7%, and the 65-74 age group increased from 11.8% to 13.9%. Conversely, the 25-34 age group declined from 9.9% to 7.3%, and the 55-64 age group decreased from 15.7% to 14.1%. Looking ahead to 2041, demographic projections indicate significant shifts in Cambridge's age structure. The 45-54 age group is expected to grow by 48% (569 people), reaching 1,751 from 1,181. Conversely, the 15-24 and 25-34 age cohorts are projected to experience population declines.