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Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Howrah - Tranmere lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Howrah - Tranmere's population is around 12,133 as of Aug 2025. This reflects an increase of 506 people since the 2021 Census, which reported a population of 11,627 people. The change is inferred from ABS estimated resident population of 12,063 in June 2024 and additional 135 validated new addresses since the Census date. This level of population equates to a density ratio of 1,289 persons per square kilometer, above the average seen across national locations assessed by AreaSearch. Howrah - Tranmere's growth of 4.4% since the 2021 census exceeded SA4 region (4.2%) and metropolitan area, marking it as a growth leader in the region. Overseas migration contributed approximately 69.2% 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. Demographic trends project an above median population growth for statistical areas analysed by AreaSearch, with Howrah - Tranmere expected to grow by 2,183 persons to 2041 based on the latest population numbers, resulting in a total increase of 17.4% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Howrah - Tranmere recording a relatively average level of approval activity when compared to local markets analysed countrywide
Howrah-Tranmere recorded approximately 44 residential properties granted approval annually. Development approval data from the ABS covers financial years between FY21-FY25, with a total of 221 dwellings approved during this period and an additional 4 in FY26 so far. On average, 3.5 new residents per year were associated with each dwelling built over these five financial years. This indicates significant demand outpacing supply, which typically influences prices positively and intensifies competition among buyers.
The average construction value of new properties is $586,000, suggesting developers focus on the premium market. Commercial approvals registered this financial year totalled $8.7 million, indicating limited commercial development emphasis compared to residential growth. Relative to Greater Hobart, Howrah-Tranmere has around two-thirds the rate of new dwelling approvals per person and ranks in the 19th percentile nationally for such assessments, offering fewer housing options for buyers but supporting demand for existing dwellings.
Recent developments have consisted solely of standalone homes, preserving the area's suburban character and attracting space-seeking buyers, with approximately 1056 people per dwelling approval. Population forecasts predict Howrah-Tranmere will gain 2113 residents by 2041. If current construction levels persist, housing supply may lag behind population growth, potentially exacerbating buyer competition and supporting price growth.
Frequently Asked Questions - Development
Infrastructure
Howrah - Tranmere has limited levels of nearby infrastructure activity, ranking in the 9thth percentile nationally
AreaSearch has identified six projects that could significantly impact a certain region's performance due to their influence on local infrastructure. Notable projects include Glebe Hill Childcare Centre, Clarence Street development, Howrah Affordable Housing Development, Glebe Hill Village, and Oceana Phase 2 Master Plan. The following list details these projects in order of likely relevance.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Greater Hobart Urban Growth Boundary Extension
Proposed extension of Urban Growth Boundary across 615 hectares in Brighton, Clarence, Glenorchy, Hobart, Kingborough, and Sorell. The extension will unlock land for almost 10,000 new homes across Greater Hobart to address housing supply shortages. Strategic planning initiative to extend urban growth boundaries in Glenorchy to accommodate future residential and commercial development with infrastructure planning and environmental assessments.
Droughty Peninsula Structure Plan
A long-term planning framework by Clarence City Council for 388 hectares to guide growth and development over 20-25 years on the Droughty Peninsula, based on the approved Skylands Masterplan. It focuses on housing variety, transport, environmental protection, and provision of community services and recreation, and will inform future statutory planning decisions. Phase 2 community engagement on the plan closed in August 2025.
Glebe Hill Village
A 6,002 square metre neighbourhood shopping centre anchored by Coles and a 24-hour McDonald's drive-thru, plus Priceline Pharmacy, Liquorland, and 16 specialty stores. Opened in August 2022, it is noted as Tasmania's most technologically and environmentally advanced neighbourhood centre with solar array, EV chargers, and smart-tech features. The centre was sold by Tipalea Partners to a Charter Hall managed fund for $50.25 million in January 2025.
Clarence City Heart Plan
A council-led precinct and urban renewal framework for Clarence's city centre covering Rosny Park, Kangaroo Bay and Bellerive. The 2024-25 final draft identifies eight linked precincts and sets long-term directions for housing diversity, public spaces, culture, movement and economic growth. Community re-engagement ran Dec 2024 to Feb 2025 with strong support reported in March 2025; the plan remains in the planning phase pending final endorsement.
Hobart City Deal
A 10-year partnership (2019-2029) between the Australian and Tasmanian Governments and the Clarence, Glenorchy, Hobart and Kingborough councils to deliver coordinated investments across Greater Hobart, including major transport upgrades such as the New Bridgewater Bridge, activation of the Northern Suburbs Transit Corridor, airport border services, Antarctic and science precinct initiatives, housing and urban renewal, and smart city programs.
Homes Tasmania Social Housing Program
Statewide social housing program delivering over 1,000 social housing dwellings under the Community Housing Growth Program. Includes 23 new units approved at Glenorchy site and 15 new units at another Glenorchy location, with modular construction methods to accelerate delivery.
Oceana Phase 2 Master Plan
An approved master plan for integrated conservation management and limited residential development (Coventry Rise and Oceana Rise) on the Rokeby Hills above Howrah and Tranmere. It proposes bushland lots and residential clusters close to nature, providing for various residential living styles and maintaining bushland for conservation and public open space. The Master Plan was approved by Clarence City Council for re-zoning and subdivision. The proposed development includes bushland edge lots and standard lots. The development is being rolled out in stages, such as the Coventry Rise lots which have been for sale.
Tasman Highway Duplication Project
Transforming the Tasman Highway between Hobart and Sorell into a consistent four-lane connection, including duplication of Midway Point and Sorell Causeways, subject to Commonwealth environmental approvals.
Employment
Employment conditions in Howrah - Tranmere demonstrate strong performance, ranking among the top 35% of areas assessed nationally
Howrah-Tranmere has an educated workforce with key industries being health care & social assistance, public administration & safety, and education & training. As of June 2025, the unemployment rate is 1.8%.
In comparison to Greater Hobart's rate of 4.1%, this represents a difference of 2.3%. Workforce participation is similar to Greater Hobart's figure of 61.6%. The area has notable concentration in public administration & safety, with employment levels at 1.3 times the regional average. Conversely, accommodation & food services show lower representation at 6.0% compared to the regional average of 8.0%.
In the 12-month period ending June 2025, labour force decreased by 1.6%, and employment declined by 1.5%, causing unemployment to fall by 0.2 percentage points. State-level data from Sep-25 shows Tasmania's employment grew by 0.77% year-on-year, with an unemployment rate of 4.3%. National employment forecasts from May 2025 project a growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Howrah-Tranmere's employment mix suggests local growth of approximately 6.6%% over five years and 13.7% over ten years.
Frequently Asked Questions - Employment
Income
Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch
Howrah-Tranmere has a higher income level than the national average according to AreaSearch aggregated ATO data for financial year 2022. The median income among taxpayers in Howrah-Tranmere is $57,608 and the average income stands at $70,046. This compares to Greater Hobart's figures of $51,272 and $63,777 respectively. Based on Wage Price Index growth of 11.94% since financial year 2022, current estimates would be approximately $64,486 (median) and $78,409 (average) as of March 2025. According to the 2021 Census, household, family and personal incomes in Howrah-Tranmere cluster around the 59th percentile nationally. The largest segment comprises 32.5% earning $1,500 - $2,999 weekly (3,943 residents), mirroring regional levels where 32.2% occupy this bracket. After housing costs, residents retain 87.4% of income, reflecting strong purchasing power and the area's SEIFA income ranking places it in the 7th decile.
Frequently Asked Questions - Income
Housing
Howrah - Tranmere is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Howrah-Tranmere's dwelling structure in its latest Census report showed 95.8% houses and 4.2% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Hobart metro's 93.4% houses and 6.6% other dwellings. Home ownership in Howrah-Tranmere was 44.5%, with mortgaged dwellings at 38.1% and rented ones at 17.4%. The median monthly mortgage repayment was $1,733, higher than Hobart metro's $1,538. The median weekly rent figure was $420, compared to Hobart metro's $350. Nationally, Howrah-Tranmere's mortgage repayments were lower than the Australian average of $1,863, while rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Howrah - Tranmere has a typical household mix, with a higher-than-average median household size
Family households constitute 73.1% of all households, including 30.5% couples with children, 32.1% couples without children, and 9.6% single parent families. Non-family households account for 26.9%, with lone person households at 24.3% and group households comprising 2.5%. The median household size is 2.5 people, larger than the Greater Hobart average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Educational attainment in Howrah - Tranmere aligns closely with national averages, showing typical qualification patterns and performance metrics
The area's educational qualification rates exceed regional averages, with 31.7% of residents aged 15+ holding university qualifications, compared to the TAS average of 25.5% and the SA3 area rate of 28.9%. Bachelor degrees are most common at 20.4%, followed by postgraduate qualifications (7.2%) and graduate diplomas (4.1%). Vocational credentials are also prominent, with 33.4% of residents aged 15+ holding such qualifications, including advanced diplomas (11.7%) and certificates (21.7%).
Educational participation is high, with 26.3% of residents currently enrolled in formal education, broken down into primary (9.2%), secondary (7.0%), and tertiary (4.9%) levels. The area has two primary schools serving a total of 749 students: Howrah Primary School and Southern Support School. Howrah - Tranmere demonstrates typical Australian school conditions with balanced educational opportunities, having an ICSEA index of 1004. There is one primary and one K-12 school in the area. Local school capacity is limited at 6.2 places per 100 residents compared to the regional average of 14.3, leading many families to travel for schooling.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The analysis of public transport in Howrah - Tranmere shows that there are 91 active transport stops currently operating. These stops offer a variety of bus services, with 69 individual routes providing 7,851 weekly passenger trips collectively. The accessibility to these transport services is rated as excellent, with residents on average located just 172 meters from the nearest stop.
Across all routes, there are an average of 1,121 trips per day, which equates to approximately 86 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Howrah - Tranmere is lower than average with common health conditions somewhat prevalent across both younger and older age cohorts
Howrah-Tranmere faces significant health challenges with common health conditions prevalent across both younger and older age cohorts. The rate of private health cover is very high at approximately 54% of the total population (~6,600 people), compared to 51.4% across Greater Hobart.
The most common medical conditions in the area are arthritis and mental health issues, impacting 10.9% and 8.7% of residents respectively. 64.5% of residents declare themselves completely clear of medical ailments, compared to 64.2% across Greater Hobart. As of March 2021, 24.6% of residents are aged 65 and over (2,988 people), which is higher than the 21.8% in Greater Hobart. Health outcomes among seniors in Howrah-Tranmere are above average, performing better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Howrah - Tranmere ranks below the Australian average when compared to other local markets across a number of language and cultural background related metrics
Howrah-Tranmere showed cultural diversity below average, with 84.5% born in Australia, 91.1% as citizens, and 90.6% speaking English only at home. Christianity was the predominant religion, accounting for 47.5%. Notably, 'Other' religion made up 1.0%, slightly higher than Greater Hobart's 0.9%.
Top ancestry groups were English (33.0%), Australian (29.7%), and Irish (8.7%). Some ethnicities showed notable differences: Polish at 0.9% (vs regional 0.7%), Greek at 1.1% (vs 0.5%), Scottish at 7.9% (vs 7.3%).
Frequently Asked Questions - Diversity
Age
Howrah - Tranmere hosts an older demographic, ranking in the top quartile nationwide
The median age in Howrah-Tranmere is 43 years, which is significantly higher than Greater Hobart's average of 39 and Australia's average of 38. Compared to Greater Hobart, Howrah-Tranmere has a higher percentage of residents aged 75-84 (9.8%) but fewer residents aged 25-34 (11.0%). According to the 2021 Census, the population aged 15-24 increased from 9.8% to 10.8%, while those aged 85 and above rose from 2.5% to 3.5%. Conversely, the percentage of residents aged 25-34 decreased from 12.2% to 11.0%, and the group aged 65-74 dropped from 12.5% to 11.4%. By 2041, demographic projections show significant shifts in Howrah-Tranmere's age structure. The 45-54 age group is expected to grow by 62%, reaching 2,480 people from the current 1,526. Conversely, the 35-44 age group is projected to decline by 374 people.