Geilston Bay - Risdon
Statistical Area - sa2

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

Geilston Bay - Risdon's population is around 3,637 as of Nov 2025. This reflects an increase of 185 people since the 2021 Census, which reported a population of 3,452 people. The change is inferred from the estimated resident population of 3,626 from the ABS as of June 2024 and an additional 59 validated new addresses since the Census date. This level of population equates to a density ratio of 417 persons per square kilometer. Geilston Bay - Risdon's growth rate of 5.4% since the 2021 census exceeded the SA4 region (4.3%) and the metropolitan area, indicating it as a growth leader in the region. Natural growth contributed approximately 57.3% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, Tasmania State Government's Regional/LGA projections are adopted with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Based on demographic trends and latest population numbers, an above median population growth is projected for the area, with an expected increase of 675 persons to 2041, recording a gain of 18.3% in total over the 17 years.

AreaSearch analysis of residential development drivers sees Geilston Bay - Risdon recording a relatively average level of approval activity when compared to local markets analysed countrywide

Geilston Bay - Risdon has seen approximately 26 new homes approved annually over the past five financial years, totalling 134 homes. As of FY-26, four approvals have been recorded. On average, each dwelling constructed between FY-21 and FY-25 accommodated around 1.9 new residents per year. The market balance indicates stable conditions with an average construction value of $268,000 per dwelling.

This financial year has seen $766,000 in commercial approvals, suggesting minimal commercial development activity. Compared to Greater Hobart, Geilston Bay - Risdon shows moderately higher new home approvals, at 24.0% above the regional average per person over the past five years. The area maintains a low density character with 90.0% standalone homes and 10.0% attached dwellings, appealing to those seeking space in family homes.

With around 319 people per approval, Geilston Bay - Risdon reflects this low density. Future projections estimate an addition of 664 residents by 2041. Based on current development patterns, new housing supply should meet demand, offering good conditions for buyers and potentially facilitating population growth beyond current projections.

Geilston Bay - Risdon has limited levels of nearby infrastructure activity, ranking in the 8thth percentile nationally

"Changes in local infrastructure significantly impact an area's performance. AreaSearch has identified zero projects expected to affect this region. Notable initiatives include Northern Suburbs Transit Corridor (NSTC), Tasman Private Hospital, Hobart City Deal, and Intercity Cycleway Enhancements.".

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Employment conditions in Geilston Bay - Risdon demonstrate exceptional strength compared to most Australian markets

Geilston Bay - Risdon has a well-educated workforce with essential services sectors well represented. The unemployment rate here is 1.8%.

As of June 2025, there are 1,958 residents employed, with an unemployment rate of 2.3%, which is below Greater Hobart's rate of 4.1%. Workforce participation in the area is 65.5%, compared to Greater Hobart's 61.6%. Key industries of employment among residents include health care & social assistance, public administration & safety, and education & training. The area specializes in public administration & safety, with an employment share 1.4 times the regional level.

However, accommodation & food services employ only 6.0% of local workers, below Greater Hobart's 8.0%. Over the year to June 2025, labour force levels decreased by 1.6%, while employment declined by 1.2%, resulting in a fall in unemployment rate by 0.5 percentage points. In comparison, Greater Hobart recorded an employment decline of 1.5% and a labour force decline of 1.6%, with unemployment falling by 0.2 percentage points. National employment forecasts from Jobs and Skills Australia, issued in May 2025, project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Geilston Bay - Risdon's employment mix suggests local growth of approximately 6.6% over five years and 13.7% over ten years.

Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis

AreaSearch's latest postcode level ATO data for financial year 2022 shows that income in Geilston Bay - Risdon is approximately average nationally. The median income is $52,917 and the average income stands at $64,269. This contrasts with Greater Hobart's figures of a median income of $51,272 and an average income of $63,777. Based on Wage Price Index growth of 13.83% since financial year 2022, current estimates would be approximately $60,235 (median) and $73,157 (average) as of September 2025. Census 2021 income data shows household, family and personal incomes in Geilston Bay - Risdon cluster around the 57th percentile nationally. Distribution data shows that the $1,500 - 2,999 bracket dominates with 35.2% of residents (1,280 people), aligning with the surrounding region where this cohort likewise represents 32.2%. After housing, 86.6% of income remains for other expenses and the area's SEIFA income ranking places it in the 6th decile.

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

Geilston Bay - Risdon's dwelling structures, as per the latest Census, consisted of 97.1% houses and 2.8% other dwellings (semi-detached, apartments, 'other' dwellings), contrasting with Hobart metro's 93.4% houses and 6.6% other dwellings. Home ownership in Geilston Bay - Risdon was at 38.2%, similar to Hobart metro's figure, with the rest of dwellings either mortgaged (44.3%) or rented (17.5%). The median monthly mortgage repayment in the area was $1,625, higher than Hobart metro's average of $1,538. Weekly rent median was recorded at $380, compared to Hobart metro's $350. Nationally, Geilston Bay - Risdon's mortgage repayments were lower than Australia's average of $1,863, while rents exceeded the national figure of $375.

Geilston Bay - Risdon has a typical household mix, with a fairly typical median household size

Family households comprise 70.3% of all households, including 28.8% couples with children, 29.3% couples without children, and 10.6% single parent families. Non-family households account for the remaining 29.7%, with lone person households at 26.9% and group households comprising 2.8%. The median household size is 2.4 people, which matches the Greater Hobart average.

Educational attainment in Geilston Bay - Risdon aligns closely with national averages, showing typical qualification patterns and performance metrics

University qualifications in Geilston Bay - Risdon show that 29.5% of residents aged 15 and above have such qualifications, which is higher than the Tasmania average of 25.5%. Bachelor degrees are the most common at 18.8%, followed by postgraduate qualifications at 6.3% and graduate diplomas at 4.4%. Vocational credentials are also prevalent, with 33.2% of residents aged 15 and above holding such qualifications.

This includes advanced diplomas (9.8%) and certificates (23.4%). Educational participation is high, with 25.0% of residents currently enrolled in formal education. This includes 9.0% in primary education, 5.8% in secondary education, and 4.5% pursuing tertiary education. The area has two schools serving 455 students: Lindisfarne North Primary School and Australian Christian College - Hobart. These schools demonstrate typical Australian school conditions with balanced educational opportunities, having an ICSEA score of 998. The educational mix includes one primary school and one K-12 school.

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

The analysis indicates that Geilston Bay - Risdon has 40 active public transport stops. These are served by a mix of bus routes, totalling 54 individual routes. Together, these routes facilitate 5,343 weekly passenger trips.

The accessibility to public transport is rated excellent, with residents on average located just 177 meters from the nearest stop. On an average day, there are 763 trips across all routes, which translates to around 133 weekly trips per individual stop.

Health performance in Geilston Bay - Risdon is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts

Geilston Bay - Risdon faces significant health challenges, with common health conditions prevalent across both younger and older age cohorts.

The rate of private health cover is approximately 52%, covering around 1,887 people, which is higher than the average SA2 area. Arthritis and mental health issues are the most common medical conditions in the area, affecting 11.0% and 10.2% of residents respectively. About 64.6% of residents report being completely free from medical ailments, compared to 64.2% across Greater Hobart. The area has a higher proportion of older residents, with 21.4%, or 778 people, aged 65 and over. This age group performs better than the general population in health metrics.

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

Geilston Bay-Risdon showed below-average cultural diversity, with 86.8% born in Australia, 91.9% being citizens, and 93.2% speaking English only at home. Christianity was the main religion, comprising 44.2%. Hinduism's representation was higher than average, at 1.4% compared to Greater Hobart's 1.9%.

Top ancestry groups were English (34.4%), Australian (29.7%), and Irish (9.4%). Notably, Polish (0.9%) and French (0.5%) were overrepresented compared to regional averages of 0.7% and 0.3%, respectively. Australian Aboriginal representation was slightly lower at 2.2%.

Geilston Bay - Risdon's median age exceeds the national pattern

The median age in Geilston Bay - Risdon as of 2021 is 41 years, which is higher than Greater Hobart's average of 39 years and exceeds the national average of 38 years. The age profile shows that those aged 35-44 are most prominent, comprising 15.5% of the population, while those aged 25-34 make up a smaller proportion at 12.7%. Since 2021, the 35-44 age group has grown from 14.0% to 15.5%, and the 85+ cohort has increased from 2.4% to 3.6%. Conversely, the 55-64 age group has declined from 13.4% to 10.6%. By 2041, demographic projections indicate significant shifts in Geilston Bay - Risdon's age structure. The 45-54 age cohort is projected to rise substantially, increasing by 328 people (73%) from 449 to 778. Conversely, both the 0-4 and 65-74 age groups are expected to decrease in numbers.