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 3,637 as of Aug 2025. This reflects a growth from 3,452 in the 2021 Census, an increase of 185 people (5.4%). The estimated resident population was 3,626 in June 2024, with an additional 59 validated new addresses since the Census date contributing to this growth. This results in a density ratio of 417 persons per square kilometer. The area's growth exceeded its SA4 region (4.2%) and metropolitan area, marking it as a growth leader. Natural growth contributed approximately 57.3% of overall population gains recently.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and post-2032 estimates, 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, an above median population growth is projected for national areas. Geilston Bay - Risdon is expected to grow by 675 persons to 2041 based on the latest population numbers, 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. Development approval data from the ABS is on a financial year basis, totalling 134 approvals over the past five years from FY-21 to FY-25, with three recorded so far in FY-26. On average, 1.9 new residents have arrived per new home each year over these five years. This suggests balanced supply and demand, stable market conditions, with an average dwelling construction cost of $375,000, aligning with regional patterns.

Commercial approvals this financial year amount to $766,000, indicating a predominantly residential focus. Compared to Greater Hobart, Geilston Bay - Risdon shows moderately higher new home approvals, 24.0% above the regional average per person over the five-year period. Recent construction comprises 90.0% standalone homes and 10.0% townhouses or apartments, maintaining the area's traditional low density character.

The location has approximately 319 people per dwelling approval, indicating a low density market. Population forecasts project Geilston Bay - Risdon to gain 664 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.

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

Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 0 projects that could affect this area. Notable projects include Northern Suburbs Transit Corridor (NSTC), Greater Hobart Urban Growth Boundary Extension, Tasman Private Hospital, and Hobart City Deal, with the following list focusing on those most relevant.

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

Geilston Bay - Risdon ranks among the top 25% of areas assessed nationally for overall employment performance

Geilston Bay - Risdon has an educated workforce with prominent essential services sectors. As of June 2025, unemployment stands at 1.8%.

In this period, 1,958 residents are employed while the unemployment rate is 2.3% lower than Greater Hobart's rate of 4.1%, and workforce participation is comparable at 65.5%. Major employment sectors include health care & social assistance, public administration & safety, and education & training. Public administration & safety stands out with an employment share 1.4 times the regional level, while accommodation & food has limited presence at 6.0% compared to 8.0% regionally. Labour force decreased by 1.6% and employment declined by 1.2% in Geilston Bay - Risdon between June 2024 and June 2025, leading to a 0.5 percentage point drop in unemployment.

Greater Hobart recorded similar declines. Statewide in Tasmania as of Sep-25, employment grew by 0.77% year-on-year, with the state unemployment rate at 4.3%. Nationally, employment growth was 0.26%, and the unemployment rate stood at 4.5%. National employment forecasts from May 2025 project a 6.6% increase 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

Geilston Bay - Risdon's median income among taxpayers was $52,917 and average income stood at $64,269 in financial year 2022. These figures compare to Greater Hobart's median income of $51,272 and average income of $63,777 respectively. Based on Wage Price Index growth of 11.94% since financial year 2022, estimated incomes as of March 2025 would be approximately $59,235 (median) and $71,943 (average). According to census data, household, family and personal incomes in Geilston Bay - Risdon cluster around the 57th percentile nationally. Income brackets indicate that 35.2% of the community earn between $1,500 and $2,999 (1,280 individuals), consistent with broader metropolitan trends showing 32.2% in the same category. After housing costs, 86.6% of income remains for other expenses. 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

In Geilston Bay - Risdon, as per the latest Census, 97.1% of dwellings were houses with the remaining 2.8% being semi-detached, apartments, or other types. This contrasts with Hobart metro's figures of 93.4% houses and 6.6% other dwellings. Home ownership in Geilston Bay - Risdon stood at 38.2%, similar to Hobart metro, with mortgaged dwellings at 44.3% and rented ones at 17.5%. The median monthly mortgage repayment was $1,625, higher than Hobart metro's $1,538. The median weekly rent was $380 compared to Hobart metro's $350. Nationally, Geilston Bay - Risdon's mortgage repayments were lower at $1,625 versus Australia's average of $1,863, while rents were higher at $380 against 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 constitute 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, matching the Greater Hobart average.

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

Geilston Bay - Risdon has a higher proportion of residents with university qualifications than Tasmania's average. Specifically, 29.5% of residents aged 15 years and over hold such qualifications. Bachelor degrees are the most common at 18.8%, followed by postgraduate qualifications (6.3%) and graduate diplomas (4.4%).

Vocational credentials are also prevalent, with 33.2% of residents aged 15 and over holding them. This includes advanced diplomas (9.8%) and certificates (23.4%). Educational participation is high in the area, 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 educational provision includes Lindisfarne North Primary School and Australian Christian College - Hobart, serving a total of 455 students. Geilston Bay - Risdon has typical Australian school conditions (ICSEA: 998) with balanced educational opportunities, including 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

Public transport analysis shows 40 active stops operating in Geilston Bay - Risdon area. These are served by a mix of bus routes totalling 54 individual services. Collectively, these provide 5,343 weekly passenger trips.

Transport accessibility is rated excellent, with residents typically located 177 meters from the nearest stop. Service frequency averages 763 trips per day across all routes, equating to approximately 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.

Private health cover is held by approximately 52% of the total population, which totals around 1,887 people, slightly higher than the average SA2 area. The most common medical conditions are arthritis and mental health issues, impacting 11.0% and 10.2% of residents respectively. 64.6% of residents report being completely clear of medical ailments, compared to 64.2% across Greater Hobart. The area has a higher proportion of older residents, with 21.4% aged 65 and over, totaling 778 people.

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 lower cultural diversity, with 86.8% born in Australia, 91.9% being citizens, and 93.2% speaking English only at home. Christianity was the predominant religion, at 44.2%. Hinduism's representation was higher than average, at 1.4% compared to Greater Hobart's 1.9%.

The top ancestry groups were English (34.4%), Australian (29.7%), and Irish (9.4%). Polish, French, and Australian Aboriginal groups showed notable differences: Polish at 0.9% vs regional 0.7%, French at 0.5% vs regional 0.3%, and Australian Aboriginal at 2.2% vs regional 2.8%.

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

The median age in Geilston Bay - Risdon 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 individuals aged 35-44 are particularly prominent, making up 15.5% of the population. This is higher compared to Greater Hobart where the 25-34 age group is larger at 12.7%. Since 2021, the percentage of 35-44 year-olds has increased from 14.0% to 15.5%, while those aged 85 and above have risen from 2.4% to 3.6%. Conversely, the 55-64 age group has decreased from 13.4% to 10.6%. Looking ahead to 2041, demographic projections indicate significant shifts in Geilston Bay - Risdon's age structure. The 45-54 age cohort is projected to rise substantially by 73%, from 449 people to 778. Meanwhile, both the 0-4 and 65-74 age groups are expected to decrease in numbers.