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Sales Activity
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Population
Population growth drivers in Margate - Snug are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends
Margate - Snug's population is around 8,787 as of Aug 2025. This reflects an increase of 305 people since the 2021 Census, which reported a population of 8,482 people. The change is inferred from the estimated resident population of 8,726 from the ABS as of June 2024 and an additional 77 validated new addresses since the Census date. This level of population equates to a density ratio of 60 persons per square kilometer. Over the past decade, Margate - Snug has demonstrated resilient growth patterns with a compound annual growth rate of 1.3%, outpacing the state. Population growth for the area was primarily driven by overseas migration, contributing approximately 58.3% of overall population gains during recent periods.
AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered, 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 population numbers, Margate - Snug is expected to increase by 529 persons to 2041, with an increase of 5.3% in total over the 17 years.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Margate - Snug according to AreaSearch's national comparison of local real estate markets
Margate - Snug has seen approximately 22 dwelling approvals annually. The Australian Bureau of Statistics provides this data on a financial year basis. Over the past five financial years, from FY-21 to FY-25, around 112 homes received approval. In FY-26, there have been about 10 approvals so far.
On average, each home built over these five years accommodates approximately 3.1 new residents annually. This supply is significantly lagging demand, leading to heightened buyer competition and pricing pressures. The average construction value of new homes is around $452,000. Commercial development has been limited this financial year, with about $3.4 million in approvals.
Compared to Greater Hobart, Margate - Snug shows approximately 62% of the construction activity per person, placing it among the 28th percentile nationally, indicating somewhat limited buyer options and strengthening demand for established properties. The recent building activity consists solely of detached houses, maintaining the area's traditional low density character with a focus on family homes. With an estimated 653 people per dwelling approval, this reflects its quiet, low activity development environment. Population forecasts indicate Margate - Snug will gain around 468 residents by 2041. Given current construction levels, housing supply should adequately meet demand, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
Margate - Snug has limited levels of nearby infrastructure activity, ranking in the 9thth percentile nationally
Twelve infrastructure projects have been identified by AreaSearch as potentially impacting the area significantly. Among these key initiatives are: Margate Main Street Masterplan (2024-2044), Margate to Huntingfield Shared Pathway, Huntingfield Land Release, and Tasmania Devils AFL High Performance Centre. The following list details those considered most relevant.
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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.
Kings Quarter Development
Transformational mixed-use urban regeneration project on the former Kingston High School site spanning 11.3 hectares. Features 360 dwellings (homes, townhouses, apartments), retail, commercial spaces, dining, entertainment facilities, and office space. Stage 1 (Birch Row) completed with 80 homes and townhouses sold out. Future stages include additional residential, retail, and commercial developments, with park front apartments coming soon subject to council approval. Integrates with Kingborough Council's multimillion-dollar public park and playground, creating a new centrepiece for the Kingston community 11km from Hobart CBD.
Kingston CBD Revitalisation
Revitalisation of Kingston's main street along Channel Highway to create a greener, safer and more walkable town centre with upgraded footpaths, crossings, lighting, landscaping, street furniture and art, plus a relocated bus interchange. Road re-opened to two-way traffic in July 2023 with landscaping and activation delivered through late 2023.
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.
Tasmania Devils AFL High Performance Centre
The $115 million high-performance training and administration facility for the Tasmania Devils AFL and AFLW teams at the Kingborough Sports Precinct in Kingston. It includes two full-sized ovals, a large indoor training area, strength and conditioning facilities, locker rooms, medical and recovery areas, offices, meeting rooms, cafe, multi-purpose spaces, and community access. The facility will support approximately 150 staff and 100 players/coaches, creating economic benefits for the local area.
Margate Main Street Masterplan 2024-2044
Council-endorsed 20-year plan (2024-2044) to revitalise Margate's Main Street with safer crossings, upgraded streetscapes, accessible public spaces, green links and staged delivery in partnership with the Tasmanian Department of State Growth.
JackJumpers High Performance Training Centre
State-of-the-art $15 million high-performance basketball training facility spanning 5,500 square metres. Features training courts, health, wellness and rehabilitation facilities, administrative areas, merchandise store, and community facilities. Relocated to Kingborough Sports Precinct to provide dedicated training for the JackJumpers and free up community court space.
Kingston Bypass Duplication and Algona Road Roundabout Upgrade
The project involves upgrading the Kingston Bypass and Algona Road Roundabout to address congestion and safety issues. Key elements include a new highway overpass with on/off ramps replacing the roundabout, duplication of the bypass to two lanes each direction, a shared use path with a proposed overpass, and safety improvements at the Maddocks Road intersection.
Employment
Employment performance in Margate - Snug exceeds national averages across key labour market indicators
Margate - Snug has an educated workforce with significant representation in essential services sectors. Its unemployment rate is 2.5%, lower than Greater Hobart's 4.1%.
As of June 2025, 4,527 residents are employed, with a participation rate of 65.8%. Dominant employment sectors include health care & social assistance, construction, and education & training. The area shows strong specialization in construction (employment share is 1.4 times the regional level), but limited presence in accommodation & food services (5.2% compared to 8.0% regionally). Labour force decreased by 1.6% during June 2024 - June 2025, with employment declining by the same percentage, leaving unemployment flat.
State-level data from Sep-25 shows Tasmania's employment grew by 0.77%, with an unemployment rate of 4.3%. National forecasts project total employment growth of 6.6% over five years and 13.4% over ten years for Margate - Snug, based on its current employment mix.
Frequently Asked Questions - Employment
Income
Income levels align closely with national averages, indicating typical economic conditions for Australian communities according to AreaSearch analysis
Margate - Snug's median income among taxpayers was $52,522 in financial year 2022. The average income stood at $81,378 during the same period. For Greater Hobart, the median and average incomes were $51,272 and $63,777 respectively. Based on Wage Price Index growth of 11.94% since financial year 2022, estimated incomes for March 2025 would be approximately $58,793 (median) and $91,095 (average). Census data shows that household, family and personal incomes in Margate - Snug cluster around the 54th percentile nationally. The income bracket of $1,500 - 2,999 captures 37.3% of the community (3,277 individuals), which is consistent with broader trends across the metropolitan region showing 32.2% in the same category. After housing costs, residents retain 87.5% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 6th decile.
Frequently Asked Questions - Income
Housing
Margate - Snug is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region
Margate - Snug's dwelling structure, as per the latest Census, comprised 96.9% houses and 3.1% other dwellings. In comparison, Hobart metro had 92.5% houses and 7.5% other dwellings. Home ownership in Margate - Snug stood at 38.0%, similar to Hobart metro. The remaining dwellings were either mortgaged (47.0%) or rented (15.0%). The median monthly mortgage repayment was $1,625, below the Hobart metro average of $1,647. The median weekly rent was $370, compared to Hobart metro's $385. Nationally, Margate - Snug's mortgage repayments were lower than the Australian average of $1,863, and rents were less than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Margate - Snug features high concentrations of family households, with a higher-than-average median household size
Family households constitute 79.5% of all households, including 39.2% that are couples with children, 28.4% that are couples without children, and 11.1% single parent families. Non-family households account for the remaining 20.5%, with lone person households at 18.8% and group households comprising 1.6%. The median household size is 2.8 people, larger than the Greater Hobart average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Margate - Snug exceeds national averages, with above-average qualification levels and academic performance metrics
Margate-Snug has 29.3% of its residents aged 15 and above holding university degrees, compared to the SA3 area's 37.3%. This gap indicates potential for educational development and skill enhancement. Bachelor degrees are most common at 18.7%, followed by postgraduate qualifications (7.1%) and graduate diplomas (3.5%). Trade and technical skills are prominent, with 37.5% of residents aged 15 and above holding vocational credentials - advanced diplomas (11.2%) and certificates (26.3%).
Educational participation is high, with 31.7% of residents currently enrolled in formal education. This includes 13.4% in primary education, 8.5% in secondary education, and 3.9% pursuing tertiary education. Margate-Snug's three schools have a combined enrollment of 890 students as of the reported date. The area demonstrates typical Australian school conditions (ICSEA: 1032) with balanced educational opportunities. All three schools focus exclusively on primary education, with secondary options available in surrounding areas. School places per 100 residents (10.1) fall below the regional average (16.5), suggesting some students may attend schools in adjacent areas.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Margate-Snug has 32 active public transport stops, all of which are bus stops. These stops are served by 36 different routes that together facilitate 3,676 weekly passenger trips. The accessibility of these services is limited; residents on average live 916 meters from the nearest stop.
Each day, an average of 525 trips depart across all routes, which amounts to approximately 114 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health outcomes in Margate - Snug are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts
Margate's health indicators show below-average results. Common health conditions are slightly more prevalent than average across both younger and older age groups. Private health cover is exceptionally high at approximately 61% of the total population (5,342 people), compared to Greater Hobart's 53.9% and the national average of 55.3%.
The most common medical conditions are mental health issues affecting 9.9% of residents and arthritis impacting 9.3%. 67.8% of residents declare themselves completely clear of medical ailments, compared to Greater Hobart's 66.9%. Margate has 18.5% of residents aged 65 and over (1,629 people), lower than Greater Hobart's 20.8%. Health outcomes among seniors are above average and perform better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Margate - Snug is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Margate-Snug has a population with below average cultural diversity, where 85.7% were born in Australia, 92.6% are citizens, and 95.6% speak English at home. Christianity is the predominant religion (39.6%), but Judaism is overrepresented at 0.1%. The top three ancestry groups are English (31.5%), Australian (30.6%), and Irish (8.3%).
Notably, Dutch (3.7%) and French (0.5%) are overrepresented compared to regional averages of 3.2% and 0.4%, respectively; Australian Aboriginal is also overrepresented at 4.1%.
Frequently Asked Questions - Diversity
Age
Margate - Snug's population is slightly older than the national pattern
Margate-Snug's median age is 39 years, aligning with Greater Hobart's average of 39 and closely matching Australia's median of 38. The 5-14 cohort is notably over-represented at 14.8% locally compared to Greater Hobart's average, while the 25-34 year-olds are under-represented at 9.5%. Following the Census in 2021, the 75-84 age group grew from 5.4% to 6.5%, the 25-34 cohort declined from 10.7% to 9.5%, and the 5-14 group decreased from 15.9% to 14.8%. By 2041, demographic modeling projects significant changes in Margate-Snug's age profile. The 45-54 cohort is projected to grow by 44%, adding 521 residents to reach 1,702. Conversely, both the 65-74 and 0-4 age groups are expected to see reduced numbers.