Geilston Bay - Risdon

Population growth drivers in Geilston Bay - Risdon are slightly above average based on AreaSearch's ranking of recent, and medium term trends

Geilston Bay - Risdon's population is around 3,646 as of May 2026. This reflects an increase of 194 people since the 2021 Census, which reported a population of 3,452 people. The change is inferred from the estimated resident population of 3,642 in June 2025 and an additional 61 validated new addresses since the Census date. This level of population equates to a density ratio of 418 persons per square kilometer. Geilston Bay - Risdon's growth rate of 5.6% since the 2021 census exceeded the SA4 region (3.9%) and Greater Hobart, marking it as a growth leader in the region. Natural growth contributed approximately 53.1% of overall population gains during recent periods.

AreaSearch adopts 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 to estimate growth by age group post-2032, 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 the latest annual ERP population numbers, an above median population growth is projected for the area, with an expected increase of 593 persons to 2041, reflecting a total increase of 16.1% over the 16 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 dwelling approvals annually, with a total of 134 homes approved between financial years FY-21 to FY-25. As of FY-26, 4 dwellings have been approved so far. On average, 1.9 new residents per year have arrived for each new home over the past five financial years.

The average construction cost value for new properties is $268,000. This financial year has seen $766,000 in commercial approvals, indicating a primarily residential focus. Compared to Greater Hobart, Geilston Bay - Risdon exhibits moderately higher new home approvals, with 24.0% above the regional average per person over the five-year period.

The area maintains its traditional low-density character, with 90.0% standalone homes and 10.0% attached dwellings. As of current projections, Geilston Bay - Risdon is expected to add approximately 589 residents by 2041, based on the latest AreaSearch quarterly estimate.

Geilston Bay - Risdon has limited levels of nearby infrastructure activity, ranking in the 3rdth percentile nationally

No changes can significantly affect a region's performance like alterations to local infrastructure, major projects, and planning initiatives. As of AreaSearch's findings, zero projects have been identified that are expected to impact this area. Notable projects include Northern Suburbs Transit Corridor (NSTC), Tasman Private Hospital, Hobart City Deal, and Intercity Cycleway Enhancements. The following list details those anticipated to be 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.

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

Geilston Bay - Risdon has a well-educated workforce with significant representation in essential services sectors. The unemployment rate was 1.9% as of December 2025. This rate is 2.1% lower than Greater Hobart's rate of 4.0%.

Workforce participation stood at 66.4%, slightly higher than Greater Hobart's 63.7%. According to Census responses, a low 8.0% of residents worked from home in Geilston Bay - Risdon as of December 2025. 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.

In contrast, accommodation & food services employed only 6.0% of local workers, lower than Greater Hobart's 8.0%. The working population count suggests limited local employment opportunities. Over the year to December 2025, employment increased by 0.1%, while labour force decreased by 0.1%, resulting in a fall of unemployment rate by 0.1 percentage points. In comparison, Greater Hobart saw employment grow by 0.1% and unemployment fall by 0.2 percentage points over the same period. Jobs and Skills Australia's national employment forecasts from May-25 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 employment should increase by 6.6% over five years and 13.7% over ten years, though this is a simple extrapolation for illustrative purposes only.

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 2023 shows that income in Geilston Bay - Risdon SA2 is approximately average nationally. The median income is $55,984 and the average income stands at $67,024. In comparison, Greater Hobart has a median income of $54,577 and an average income of $65,190. Based on Wage Price Index growth of 10.95% since financial year 2023, current estimates for Geilston Bay - Risdon SA2 would be approximately $62,114 (median) and $74,363 (average) as of March 2026. According to Census 2021 income data, personal income ranks at the 65th percentile ($886 weekly), while household income sits at the 49th percentile. Distribution data shows that 35.2% of residents (1,283 people) fall into the $1,500 - 2,999 bracket, which is similar to the surrounding region where this cohort represents 32.2%. 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

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). This is compared to Hobart metro's 85.3% houses and 14.7% other dwellings. Home ownership in Geilston Bay - Risdon was at 38.2%, 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 average of $1,517. The median weekly rent figure was $380, compared to Hobart metro's $350. Nationally, Geilston Bay - Risdon's mortgage repayments were lower at $1,625 versus the Australian average of $1,863, while rents were higher at $380 compared to the national figure of $375.

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

Family households constitute 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 aligns with 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 over 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 over holding such qualifications.

This includes advanced diplomas held by 9.8% of residents in this age group and certificates held by 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.

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

Geilston Bay - Risdon has 40 active public transport stops operating within it. These stops are served by a total of 69 bus routes that facilitate 5,225 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents typically located 178 meters from the nearest stop. In this primarily residential area, most commuting is outward-bound. Cars remain the dominant mode of transport at 86%, while buses account for 10%. On average, there are 1.6 vehicles per dwelling, exceeding the regional average.

According to the 2021 Census, a relatively low 8.0% of residents work from home, which may reflect COVID-19 conditions. The service frequency averages 746 trips per day across all routes, equating to approximately 130 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, based on AreaSearch's assessment.

Mortality rates and chronic condition prevalence are high, with common health conditions prevalent across both younger and older age cohorts. Private health cover is slightly lower than average at approximately 52% of the total population (~1,899 people). The most common medical conditions are arthritis (11.0%) and mental health issues (10.2%). 64.6% of residents report no medical ailments, compared to 65.5% across Greater Hobart. Working-age residents have a higher prevalence of chronic health conditions. 21.8% of residents are aged 65 and over (794 people), higher than the 20.0% in Greater Hobart. National rankings align broadly with the general population.

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, surveyed in 2016, had a cultural diversity index below the average for Greater Hobart. Of its population, 86.8% were born in Australia, 91.9% were Australian citizens, and 93.2% spoke English only at home. Christianity was the predominant religion, with 44.2% of residents identifying as Christian.

Hinduism, however, was overrepresented compared to Greater Hobart, comprising 1.4% of Geilston Bay-Risdon's population versus the regional average of 2.8%. The top three ancestry groups were English (34.4%), Australian (29.7%), and Irish (9.4%). Notably, Polish (0.9%) and French (0.5%) residents were overrepresented compared to Greater Hobart's figures of 0.8% and 0.3%, respectively. However, the representation of Australian Aboriginal people was lower than the regional average, at 2.2% versus 3.0%.

Geilston Bay - Risdon's population is slightly older than 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 15.6% of the population, while those aged 25-34 make up a smaller proportion at 12.7%. Between 2021 and the present, the percentage of the population aged 35-44 has increased from 14.0% to 15.6%, while the percentage of those aged 85 and above has risen from 2.4% to 3.6%. Conversely, the percentage of those aged 55-64 has declined from 13.4% to 10.6%. Looking ahead to 2041, demographic projections indicate significant shifts in Geilston Bay - Risdon's age structure. The number of individuals aged 45-54 is projected to rise substantially by 311 people (69%), from 448 to 760. Conversely, both the 0-4 and 65-74 age groups are expected to decrease in number.