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This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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ABS ERP | -- people | --
2021 Census | -- people
Sales Activity
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Sales Detail
Population
Population growth drivers in New Town are above average based on AreaSearch's ranking of recent, and medium to long-term trends
New Town's population is approximately 6,673 as of February 2026. This figure reflects an increase of 67 people since the 2021 Census, which recorded a population of 6,606. The change is inferred from the estimated resident population of 6,519 in June 2024 and an additional 84 validated new addresses since the Census date. This results in a population density ratio of 1,746 persons per square kilometer, higher than the average seen across national locations assessed by AreaSearch. New Town's growth rate of 1.0% since census is within 1.5 percentage points of the SA3 area (2.5%), indicating competitive growth fundamentals. Overseas migration was primarily responsible for population gains in recent periods.
AreaSearch uses 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 using weighted aggregation methods from LGA to SA2 levels. Future population trends project an above median growth for statistical areas nationwide, with New Town expected to expand by 1,288 persons to 2041 based on the latest annual ERP population numbers, reflecting a total increase of 17.0% over the 17-year period.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in New Town according to AreaSearch's national comparison of local real estate markets
New Town averaged approximately 23 new dwelling approvals per year. Between FY-21 and FY-25, a total of 119 homes were approved, with an additional 24 approved so far in FY-26. This averages out to around 0.1 people moving to the area for each dwelling built over these five financial years.
The new supply appears to be keeping pace with or exceeding demand, providing ample buyer choice and creating capacity for population growth beyond current forecasts. The average value of new homes being constructed is $352,000, which is moderately above regional levels, indicating an emphasis on quality construction. In this financial year, $9.7 million in commercial development approvals have been recorded, suggesting balanced commercial development activity. Compared to Greater Hobart, New Town shows moderately higher new home approvals, with 30.0% above the regional average per person over the past five years. This balances buyer choice while supporting current property values. However, this activity is below national averages, reflecting the area's maturity and possible planning constraints.
Recent construction comprises 33.0% detached houses and 67.0% townhouses or apartments. This focus on higher-density living creates more affordable entry points and suits downsizers, investors, and first-home buyers. This marks a significant departure from existing housing patterns, which are currently 69.0% houses. This shift may suggest diminishing developable land availability and responds to evolving lifestyle preferences and housing affordability needs. New Town has around 299 people per dwelling approval, indicating characteristics of a low-density area. Looking ahead, New Town is expected to grow by 1,134 residents through to 2041, according to the latest AreaSearch quarterly estimate. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
New Town has limited levels of nearby infrastructure activity, ranking in the 10thth percentile nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 11 projects likely to impact the area. Key projects include Hobart City High School redevelopment, Queens Walk Housing Expansion, New Town Sporting Precinct Upgrades, and New Town Rivulet Restoration. The following list details those most relevant:.
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Frequently Asked Questions - Infrastructure
Royal Hobart Hospital Emergency Department Expansion
A $209 million major expansion of the Royal Hobart Hospital Emergency Department (ED) across three levels to address significant demand increases. The project delivers 120 treatment points, including a new resuscitation zone with a dedicated CT scanner and X-ray, a Rapid Intervention and Treatment Zone (RITZ), and specialized zones for paediatrics and mental health. Construction includes renovations to J-Block and H-Block and the installation of temporary clinical spaces to maintain service delivery during the build.
Macquarie Point Stadium
A $1.13 billion multipurpose stadium featuring a 23,000-seat capacity and a world-first fixed translucent ETFE dome roof. The venue is designed to host AFL, cricket, and major entertainment events, serving as the home ground for the Tasmania Devils from 2029. The project includes high-performance training facilities and forms the anchor of a broader urban renewal precinct at Macquarie Point.
Northern Suburbs Transit Corridor (NSTC)
A major urban renewal and transport project under the Hobart City Deal transforming the 4km corridor between Glenorchy and New Town. The project focuses on activating the disused rail corridor for a proposed Rapid Bus Network while enabling medium-density housing and mixed-use development. As of late 2025, a 368-page strategic business case for the Rapid Bus Transit network has been submitted to the Federal Government for inclusion in the 2026 national priority list. The initiative aims to improve housing affordability and sustainable urban growth through coordinated land use and transport planning.
Greater Glenorchy Plan
A 20-year plan to double housing density in Glenorchy, Moonah, and Claremont as part of the Hobart City Deal. Strategic precinct plan for Moonah CBD endorsed by Council in 2021, guiding development to 2040. Plan seeks to create welcoming places, improve pedestrian and cycling connections, support economic growth and increased density, and promote greener innovative design. Includes provisions for medium residential developments.
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.
Salvation Army Hopkins Street Community Housing
21-unit community housing development specifically for women over 55 years old. Three-storey complex with one and two-bedroom apartments, accessible units, communal gardens, and Salvation Army community office. Designed by Xsquared Architects and jointly funded by Salvation Army, Housing Tasmania and The Select Foundation.
Queens Walk Housing Expansion
Expansion of iconic social housing complex adding 65 new apartments designed by Cumulus Studio for Housing Choices Tasmania. The $24 million project includes 38 one-bedroom and 27 two-bedroom apartments with heritage-sensitive design and sustainable features.
Moonah Arts Centre
State-of-the-art arts and cultural centre in Moonah featuring exhibition spaces, performance venues, community workshops and creative studios. The centre supports local artists and provides cultural programming for the northern suburbs. Community arts centre opened in 2015, hosting regular events, exhibitions, and community programs including the Moonah Bazaar multicultural market.
Employment
While New Town retains a healthy unemployment rate of 3.7%, recent employment declines have impacted its national performance ranking
New Town has a highly educated workforce with prominent essential services sectors. Its unemployment rate is 3.7%. As of September 2025, there are 3,540 residents employed at an unemployment rate of 0.3% below Greater Hobart's rate of 4.0%, and the workforce participation rate is similar to Greater Hobart's 63.8%.
According to Census responses, 9.2% of residents work from home. The dominant employment sectors are health care & social assistance, education & training, and public administration & safety. There is particular specialization in accommodation & food services, with an employment share 1.3 times the regional level. Conversely, construction shows lower representation at 5.1% compared to the regional average of 8.7%.
The ratio of 0.6 workers per resident indicates above-average local employment opportunities. Between September 2024 and September 2025, labour force decreased by 1.2%, employment declined by 0.7%, causing unemployment to fall by 0.4 percentage points. In contrast, Greater Hobart saw an employment decline of 0.7% and a labour force decline of 0.9%. Jobs and Skills Australia's national employment forecasts from May-25 suggest that New Town's employment should increase by 6.8% over five years and 14.1% over ten years, based on industry-specific projections applied to the local employment mix.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment
The New Town SA2 had a median taxpayer income of $58,012 and an average income of $70,682 in the latest postcode level ATO data aggregated by AreaSearch for financial year 2023. This is higher than the national averages of $54,577 (median) and $65,190 (average), as seen in Greater Hobart. Based on Wage Price Index growth of 9.6% since financial year 2023, estimated incomes for September 2025 would be approximately $63,581 (median) and $77,467 (average). In New Town, household, family, and personal incomes ranked modestly between the 42nd and 49th percentiles according to the 2021 Census. The largest income segment comprised 30.9% of residents earning between $1,500 and $2,999 weekly. Housing affordability pressures were severe, with only 84.5% of income remaining after housing costs, ranking at the 44th percentile. New Town's SEIFA income ranking placed it in the 6th decile.
Frequently Asked Questions - Income
Housing
New Town displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region
The latest Census evaluated New Town's dwelling structure as 68.9% houses and 31.1% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Hobart metro's 88.5% houses and 11.5% other dwellings. Home ownership in New Town was at 31.6%, with mortgaged dwellings at 27.0% and rented ones at 41.4%. The median monthly mortgage repayment in the area was $1,772, while the median weekly rent figure was $340. Nationally, New Town'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
New Town features high concentrations of group households and lone person households, with a lower-than-average median household size
Family households constitute 60.5% of all households, including 22.7% couples with children, 27.7% couples without children, and 9.1% single parent families. Non-family households account for the remaining 39.5%, with lone person households at 33.4% and group households making up 6.0% of the total. The median household size is 2.3 people, which is smaller than the Greater Hobart average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Educational attainment in New Town aligns closely with national averages, showing typical qualification patterns and performance metrics
In New Town, educational attainment is notably high with 46.9% of residents aged 15+ holding university qualifications, surpassing the broader benchmarks of 25.5% in Tasmania (TAS) and 30.4% nationwide. The area's strong educational advantage positions it well for knowledge-based opportunities. Bachelor degrees are the most prevalent at 27.1%, followed by postgraduate qualifications at 15.6% and graduate diplomas at 4.2%. Vocational pathways account for 23.1% of qualifications among those aged 15+, with advanced diplomas at 8.6% and certificates at 14.5%.
Educational participation is high, with 30.6% of residents currently enrolled in formal education. This includes 8.4% in tertiary education, 7.9% in primary education, and 6.2% pursuing secondary education.
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
New Town's public transport analysis shows 54 active stops serving a mix of bus routes. These stops are covered by 100 individual routes, offering 5,964 weekly passenger trips in total. Transport accessibility is rated excellent, with residents typically residing 131 meters from the nearest stop. Primarily residential, most commuters travel outward. Cars remain dominant at 71%, followed by buses at 13% and walking at 10%. Vehicle ownership averages 1.1 per dwelling, below regional average.
Only 9.2% of residents work from home (2021 Census). Service frequency averages 852 trips daily across all routes, equating to around 110 weekly trips per stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in New Town is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts
New Town faces significant health challenges, as indicated by AreaSearch's assessment of mortality rates and chronic condition prevalence. Various health conditions affect both younger and older age groups.
Approximately 54% (~3,610 people) have private health cover, compared to Greater Hobart's 51.7%. Mental health issues and arthritis are the most common conditions, affecting 11.1 and 9.0% of residents respectively. About 65.8% report no medical ailments, similar to Greater Hobart's 65.5%. Working-age residents have a higher-than-average prevalence of chronic health conditions. The area has 18.9% (1,263 people) aged 65 and over, lower than Greater Hobart's 19.9%. Health outcomes among seniors present some challenges, generally in line with national rankings.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in New Town was found to be above average when compared nationally for a number of language and cultural background related metrics
New Town's population showed higher cultural diversity than most local areas, with 29.1% born overseas and 22.7% speaking a language other than English at home. Christianity was the predominant religion in New Town, accounting for 34.8% of its population. Hinduism was notably overrepresented at 6.6%, compared to Greater Hobart's 2.8%.
The top three ancestry groups were English (27.6%), Australian (23.4%), and Other (11.7%). Some ethnic groups had significant representation differences: Polish at 0.9% vs regional 0.8%, Indian at 2.7% vs 1.2%, and Chinese at 4.1% vs 2.7%.
Frequently Asked Questions - Diversity
Age
New Town's population is slightly younger than the national pattern
New Town has a median age of 38, closely matching Greater Hobart's figure of 39 and Australia's median age of 38. The 25-34 cohort is notably over-represented in New Town at 18.0%, compared to the Greater Hobart average. Meanwhile, the 5-14 year-olds are under-represented at 8.5%. Between 2021 and present, the 15-24 age group has increased from 11.2% to 12.2% of New Town's population. Conversely, the 25-34 cohort has decreased from 19.7% to 18.0%. By 2041, demographic modeling suggests significant changes in New Town's age profile. The 45-54 age cohort is projected to grow by 416 people (53%), from 785 to 1,202. Conversely, the 35-44 group is expected to decrease by 175 residents.