Cygnet
Statistical Area - sa2

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

Cygnet's population, as of August 2025, is approximately 5,276. This figure shows a growth of 474 people since the 2021 Census, reflecting a 9.9% increase from the previously reported population of 4,802. The change was inferred from the estimated resident population of 5,145 in June 2024 and an additional 143 validated new addresses since the Census date. This results in a population density ratio of 22 persons per square kilometer. Cygnet's growth rate of 9.9% exceeded both the state average (4.5%) and non-metro areas, positioning it as a growth leader in the region. Interstate migration contributed approximately 68.2% of overall population gains during recent periods, though all drivers including overseas migration and natural growth were 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, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Future demographic trends anticipate a population increase just below the median of national regional areas by 2041, with an expected increase of 572 persons reflecting an 8.4% total increase over the 17-year period based on the latest population numbers.

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

Cygnet has received approximately 43 dwelling approvals annually. The Australian Bureau of Statistics provides development approval data on a financial year basis, with 215 dwellings approved between FY-21 and FY-25, and an additional 5 in FY-26 to date. On average, each dwelling brings in about 2.1 new residents per year over the past five financial years. The average construction cost value of new homes is $412,000.

This year has seen $2.9 million in commercial approvals, reflecting Cygnet's residential character. Compared to the Rest of Tas., Cygnet shows moderately higher development activity, with a 19.0% increase per person over the past five years. This maintains reasonable buyer options while sustaining property demand.

However, recent periods have seen a moderation in development activity. All current building activity involves standalone homes, preserving the area's traditional low-density character and appealing to those seeking space for families. There are approximately 159 people per dwelling approval, indicating an expanding market. Future projections estimate Cygnet will add 441 residents by 2041. Based on current development patterns, new housing supply should meet demand, offering favorable conditions for buyers and potentially facilitating population growth beyond current projections.

Cygnet has limited levels of nearby infrastructure activity, ranking in the 9thth percentile nationally

No infrastructure projects have been identified by AreaSearch as likely to impact this area. Key projects include Huonville ReImagined: Crafting a Future Huonville, Hobart City Deal, Tasmanian Irrigation Schemes: Tranche 3, and Cethana Pumped Hydro Energy Storage Project. The following list details those most relevant.

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

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

Cygnet's workforce is well-educated with significant representation in essential services sectors. The unemployment rate as of June 2025 was 5.2%.

In that month, 1,940 residents were employed, but the unemployment rate was 1.2% higher than Rest of Tas.'s rate of 3.9%, and workforce participation was lower at 49.0% compared to Rest of Tas.'s 55.7%. Employment is concentrated in health care & social assistance, education & training, and construction. Notably, education & training has a high share of employment at 1.3 times the regional level, while health care & social assistance has a lower presence at 14.3% compared to the regional average of 16.5%. The area may offer limited local employment opportunities, as indicated by Census data.

Between June 2024 and June 2025, the labour force decreased by 5.1% and employment declined by 6.1%, leading to a rise in unemployment rate by 1.0 percentage points. In contrast, Rest of Tas. saw employment contract by 0.5% with a marginal fall in unemployment. State-level data as of Sep-25 shows TAS employment grew by 0.77% year-on-year, adding 1,170 jobs, and the state unemployment rate was at 4.3%. This compares favourably to the national unemployment rate of 4.5%, with TAS's employment growth outpacing the national average of 0.26%. Jobs and Skills Australia's forecasts from May 2025 project national employment growth of 6.6% over five years and 13.7% over ten years, but growth rates vary significantly between sectors. Applying these projections to Cygnet's employment mix suggests local growth of approximately 6.0%% over five years and 12.8% over ten years.

Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis

Cygnet's median income among taxpayers was $40,802 in financial year 2022. The average income stood at $51,653 during the same period. In comparison, Rest of Tas.'s median and average incomes were $47,358 and $57,384 respectively. By March 2025, based on a Wage Price Index growth of 11.94%, Cygnet's estimated median income is approximately $45,674 and the average is $57,820. According to the 2021 Census, incomes in Cygnet rank between the 6th and 7th percentiles nationally for households, families, and individuals. In terms of income distribution, the $800 - $1,499 bracket dominates with 30.5% of residents (1,609 people), while the broader area sees the $1,500 - $2,999 bracket lead at 28.5%. After housing costs, 86.4% of income remains in Cygnet, ranking at the 9th percentile nationally.

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

In Cygnet, as assessed at the latest Census, 97.4% of dwellings were houses with the remaining 2.6% being other types such as semi-detached and apartments. This is similar to Non-Metro Tasmania's figures of 96.8% houses and 3.2% other dwellings. Home ownership in Cygnet was higher at 50.7%, compared to mortgaged properties at 33.1% and rented ones at 16.2%. The median monthly mortgage repayment was $1,300, aligning with Non-Metro Tasmania's average, while the median weekly rent was $290, also matching Non-Metro Tasmania's figure. Nationally, Cygnet's median monthly mortgage repayment of $1,300 is lower than Australia's average of $1,863, and its median weekly rent of $290 is substantially below the national figure of $375.

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

Family households account for 69.2% of all households, including 22.6% couples with children, 35.0% couples without children, and 11.3% single parent families. Non-family households constitute the remaining 30.8%, with lone person households at 28.4% and group households comprising 2.1% of the total. The median household size is 2.3 people, which is smaller than the Rest of Tas. average of 2.4.

Cygnet shows below-average educational performance compared to national benchmarks, though pockets of achievement exist

Educational attainment in Cygnet is notable with 29.9% of residents aged 15+ holding university qualifications, compared to 19.3% in the rest of Tasmania and 21.0% in the SA4 region. Bachelor degrees are most prevalent at 19.5%, followed by postgraduate qualifications (7.1%) and graduate diplomas (3.3%). Vocational credentials are also prominent, with 35.6% of residents aged 15+ holding such qualifications - advanced diplomas at 10.9% and certificates at 24.7%. Educational participation is high, with 26.7% of residents currently enrolled in formal education, including 10.7% in primary, 8.3% in secondary, and 3.1% in tertiary education. Cygnet's three schools have a combined enrollment of 511 students, operating under typical Australian school conditions (ICSEA: 977) with balanced educational opportunities.

The educational mix includes two primary schools and one K-12 school.

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

Transport analysis indicates one operational public transit stop in Cygnet, with a variety of bus services. Two distinct routes serve this stop, offering a total of 367 weekly passenger trips. Residents' access to transport is limited, as they reside on average 4559 meters from the nearest stop.

Across all routes, service frequency averages 52 daily trips, equating to approximately 367 weekly trips per individual stop.

Health performance in Cygnet is well below average with prevalence of common health conditions notable across both younger and older age cohorts

Health data indicates significant challenges for Cygnet, with common health conditions prevalent across both younger and older age groups. The rate of private health cover is extremely low, at approximately 46% of the total population (around 2,437 people), compared to the national average of 55.3%.

The most common medical conditions are arthritis and mental health issues, affecting 12.3% and 10.6% of residents respectively. Approximately 61.6% of residents report being completely clear of medical ailments, compared to 62.7% across the Rest of Tasmania. The area has a higher proportion of seniors aged 65 and over, at 28.0% (1,477 people), compared to 25.4% in the Rest of Tasmania. Health outcomes among seniors are above average, outperforming the general population in health metrics.

Cygnet ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics

Cygnet's cultural diversity was found to be below average. As of the 2016 Census, 80.8% of its population were born in Australia, with 89.2% being Australian citizens, and 95.6% speaking English only at home. Christianity was the predominant religion, making up 37.3% of Cygnet's population.

While Judaism comprised only 0.1% of Cygnet's population, this was not significantly different from the rest of Tasmania (0.1%). In terms of ancestry, the top three groups in Cygnet were English at 32.7%, Australian at 24.1%, and Irish at 12.1%. However, there were notable differences in the representation of certain ethnic groups: Dutch was overrepresented at 2.0% (compared to 1.7% regionally), Australian Aboriginal at 7.1% (vs 5.7%), and French at 0.7% (vs 0.5%).

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

Cygnet's median age is 49 years, which is significantly higher than the Rest of Tas. average of 45 and considerably older than the Australian median of 38. Compared to the Rest of Tas. average, Cygnet has a notably over-represented 65-74 cohort (17.0% locally) while under-representing 25-34 year-olds (7.2%). This concentration of the 65-74 age group is well above the national average of 9.4%. Post-2021 Census data shows that the 75 to 84 age group has grown from 6.5% to 9.5%, and the 15 to 24 cohort increased from 9.1% to 10.4%. Conversely, the 55 to 64 cohort has declined from 17.5% to 15.8%, and the 5 to 14 group dropped from 12.2% to 10.6%. By 2041, Cygnet is expected to see notable shifts in its age composition. Leading this demographic shift, the 75 to 84 group will grow by 58%, reaching 792 from 502. The aging population dynamic is clear, with those aged 65 and above comprising 61% of projected growth. Conversely, both the 0 to 4 and 5 to 14 age groups will see reduced numbers.