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 was around 5,299 as of November 2025. This showed an increase of 497 people since the 2021 Census, which reported a population of 4,802. The change was inferred from ABS estimates of 5,145 in June 2024 and validated new addresses since the Census date. This resulted in a density ratio of 22 persons per square kilometer. Cygnet's growth of 10.3% since the 2021 census exceeded the state's (4.8%) and non-metro areas, making it a growth leader. Interstate migration contributed approximately 68.2% of overall population gains during recent periods.

AreaSearch adopted 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 post-2032 growth by age group, Tasmania State Government's Regional/LGA projections were used, released in 2022 with a base year of 2021. Future population dynamics anticipate an increase just below the median of national regional areas, with Cygnet expected to increase by 572 persons to 2041 based on latest numbers, reflecting a 7.9% total increase over the 17 years.

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

Cygnet has seen approximately 43 dwellings approved annually for development. Over the past five financial years, from FY21 to FY25, around 215 homes received approval, with an additional 16 approved so far in FY26. On average, each dwelling has accommodated about 2.1 new residents per year over these five years, indicating robust demand that supports property values.

The average construction cost value of new homes is approximately $287,000. This financial year has also seen around $2.9 million in commercial approvals, reflecting the area's residential character. Compared to the Rest of Tas., Cygnet exhibits moderately higher development activity, with a 19.0% increase per person over the five-year period.

This preserves reasonable buyer options while sustaining existing property demand, although recent periods have shown some moderation in development activity. All recent building activity consists of standalone homes, maintaining the area's traditional low-density character and focusing on family homes that appeal to those seeking space. The location has approximately 159 people per dwelling approval, suggesting an expanding market. Future projections indicate Cygnet adding around 418 residents by 2041. Based on current development patterns, new housing supply should readily 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 changes can significantly impact an area's performance like modifications to local infrastructure, major projects, and planning initiatives. AreaSearch has identified zero projects expected to affect this area. Notable projects include Huonville ReImagined: Crafting a Future Huonville, Greater Hobart Urban Growth Boundary Extension, Hobart City Deal, and Tasmanian Irrigation Schemes: Tranche 3. The following list outlines those anticipated 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 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 the same month, Cygnet had an unemployment rate of 4.1%, which was 1.2% higher than Rest of Tas.'s rate of 3.9%. Workforce participation in Cygnet was lower at 49.0% compared to Rest of Tas.'s 55.7%. Employment among residents is concentrated in health care & social assistance, education & training, and construction. Notably, employment in education & training is particularly high with a share of 1.3 times the regional level.

However, health care & social assistance has limited presence at 14.3% compared to the regional average of 16.5%. The area appears to offer limited local employment opportunities as indicated by the Census working population vs resident population count. Between June 2024 and June 2025, Cygnet's labour force decreased by 5.1%, while employment declined by 6.1%, leading to a rise in unemployment rate of 1.0 percentage points. This contrasts with Rest of Tas., where employment contracted by 0.5%, the labour force fell by 0.6%, and unemployment fell marginally. Jobs and Skills Australia's national employment forecasts from May 2025 suggest that national employment is expected to expand by 6.6% over five years and 13.7% over ten years, with varying growth rates across different industry 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, though this is a simplified extrapolation for illustrative purposes only.

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. For comparison, Rest of Tas.'s median and average incomes were $47,358 and $57,384 respectively. By September 2025, based on a 13.83% growth in wages since financial year 2022, Cygnet's estimated median income would be approximately $46,445 and the average income would be around $58,797. According to the 2021 Census, incomes in Cygnet fall between the 6th and 7th percentiles nationally for households, families, and individuals. In terms of income distribution, 30.5% of Cygnet residents (1,616 people) earn between $800 and $1,499, contrasting with the broader area where the leading bracket is $1,500 to $2,999 at 28.5%. After housing costs, 86.4% of income remains in Cygnet, which ranks at the 9th percentile nationally.

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

Cygnet's dwelling structures, as per the latest Census evaluation, consisted of 97.4% houses and 2.6% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Non-Metro Tas.'s figures of 96.8% houses and 3.2% other dwellings. Home ownership in Cygnet stood at 50.7%, with mortgaged dwellings at 33.1% and rented ones at 16.2%. The median monthly mortgage repayment was $1,300, aligning with Non-Metro Tas.'s average. The median weekly rent figure in Cygnet was $290, matching Non-Metro Tas.'s figure of $290. Nationally, Cygnet's mortgage repayments were significantly lower than the Australian average of $1,863, while rents were 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%. 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

Cygnet's educational attainment is notably high, with 29.9% of residents aged 15 and above holding university qualifications, compared to 19.3% in the rest of Tasmania and 21.0% in the SA4 region. Bachelor degrees are most common at 19.5%, followed by postgraduate qualifications (7.1%) and graduate diplomas (3.3%). Vocational credentials are also prevalent, with 35.6% of residents holding such qualifications - advanced diplomas account for 10.9% and certificates for 24.7%. Educational participation is high, with 26.7% of residents currently enrolled in formal education. This includes 10.7% in primary education, 8.3% in secondary education, and 3.1% pursuing tertiary education.

Cygnet's three schools have a combined enrollment of 511 students, operating under typical Australian school conditions with an ICSEA score of 977. 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

Public transport analysis indicates one active transport stop operating within Cygnet. This stop serves a mix of buses, with two individual routes providing service. Collectively, these routes offer 367 weekly passenger trips.

Transport accessibility is rated as limited, with residents typically located 4559 meters from the nearest transport stop. Service frequency averages 52 trips per day across all routes, 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. Approximately 46% (~2,448 people) have private health cover, which is lower than the national average of 55.3%.

The most frequent medical conditions are arthritis (12.3%) and mental health issues (10.6%), while 61.6% report no medical ailments, compared to 62.7% in Rest of Tas.. In Cygnet, 28.0% (1,484 people) are aged 65 and over, higher than the 25.4% in Rest of Tas.. Health outcomes among seniors in Cygnet exceed average levels, outperforming even the general population's 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 had a cultural diversity level below average, with 80.8% of its population born in Australia, 89.2% being citizens, and 95.6% speaking English only at home. Christianity was the predominant religion, comprising 37.3% of Cygnet's population. However, Judaism was overrepresented, making up 0.1% compared to the same percentage across the rest of Tasmania.

In terms of ancestry, the top three groups were English (32.7%), Australian (24.1%), and Irish (12.1%). Notably, Dutch (2.0%) was overrepresented in Cygnet compared to the regional average of 1.7%, as were Australian Aboriginal (7.1% vs 5.7%) and French (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., Cygnet has a notably over-represented cohort of 65-74 year-olds at 17.0%, while those aged 25-34 are under-represented at 7.2%. This concentration of 65-74 year-olds is well above the national average of 9.4%. Post-2021 Census data shows the 75 to 84 age group grew 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 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 57%, reaching 792 people from 504. 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 are expected to see reduced numbers.