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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 | --
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Sales Activity
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Sales Detail
Population
Old Beach - Otago lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Old Beach - Otago's population is around 5,444 as of February 2026. This reflects an increase of 455 people since the 2021 Census, which reported a population of 4,989 people. The change is inferred from the estimated resident population of 5,240 in June 2024 and an additional 306 validated new addresses since the Census date. This level of population equates to a density ratio of 172 persons per square kilometer. Old Beach - Otago's growth of 9.1% since the 2021 census exceeded the SA4 region (4.9%) and Greater Hobart, marking it as a growth leader in the region. Population growth was primarily driven by natural growth contributing approximately 44.7%.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. 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. Future population trends project an above median growth for national areas, with Old Beach - Otago expected to grow by 1,085 persons to 2041 based on the latest annual ERP population numbers, reflecting an increase of 16.2% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Old Beach - Otago among the top 25% of areas assessed nationwide
Old Beach - Otago has seen approximately 63 new homes approved annually. Over the past five financial years, from FY21 to FY25, around 317 homes were approved, with an additional 14 approved so far in FY26. On average, about 1.2 new residents arrive per year for each new home built over these five years.
This balance between supply and demand creates stable market conditions. The average value of new dwellings developed is $328,000, which is moderately higher than regional levels, suggesting a focus on quality construction. In FY26, $75,000 in commercial approvals have been registered, indicating minimal commercial development activity. Compared to Greater Hobart, Old Beach - Otago has seen elevated construction activity, with 38.0% more approvals per person over the past five years.
This maintains good buyer choice and supports existing property values, reflecting strong developer confidence in the area. All recent developments have been detached dwellings, preserving the area's traditional low density character and appealing to those seeking family homes with space. With around 66 people per approval, Old Beach - Otago reflects a developing area. According to AreaSearch's latest quarterly estimate, the area is forecasted to gain approximately 881 residents by 2041. At current development rates, new housing supply should comfortably meet demand, providing good conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Old Beach - Otago has limited levels of nearby infrastructure activity, ranking in the 8thth percentile nationally
Changes to local infrastructure significantly influence an area's performance. AreaSearch identified ten projects likely impacting the area. Notable ones are Chocolate Experience at Cadbury Tasmania, Windermere Bay Precinct, Cadbury Experience, and Glenorchy Sports Centre. The following list details those most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Wilkinsons Point Precinct
A transformational $500 million mixed-use precinct on a 15-hectare waterfront site being developed by LK Group. The masterplan includes a 12-storey, 250-room hotel, 120 student apartments, a multi-sport centre with basketball courts and gymnastics facilities, and waterfront food and beverage outlets. The project also features sports-related retail, public open spaces, and an extension of the foreshore trail to a proposed new ferry terminal. The development is designed to be a premier sports and entertainment destination, complementing the nearby MONA.
Chocolate Experience at Cadbury Tasmania
A $150 million flagship tourism development transforming the waterfront parklands beside the Cadbury factory into an immersive visitor attraction. Features include 'Chocolate Central', a multi-sensory immersion tour with a Cacao Forest and Chocolate Lab, a Premium Chocolate Studio, and a 'Build Your Own Bar' experience. The precinct will include a new ferry terminal with dedicated vessels from Hobart, upgraded foreshore paths, and landscaped public areas. It is expected to attract 550,000 visitors annually and generate $120 million for the Tasmanian economy.
New Bridgewater Bridge
Opened on June 1, 2025, the New Bridgewater Bridge is Tasmania's largest ever transport infrastructure project, featuring a 1.2-kilometre four-lane concrete box girder bridge across the River Derwent. It replaces the 78-year-old lift-span bridge, providing enhanced interchanges at Granton and Bridgewater and a 3-metre-wide shared pathway for cyclists and pedestrians. As of February 2026, work is focused on the demolition and removal of the old bridge structure, including the removal of the lift span via barge, with all removal activities expected to conclude by mid-2026.
Glenorchy Ambulance Super Station
A state-of-the-art $14.45 million ambulance facility designed to future-proof paramedic services for Greater Hobart. The super station accommodates up to 18 ambulances and features modern training facilities, contemporary staff amenities, and direct access to the Brooker Highway for faster emergency responses. Three times larger than the previous Glenorchy station, paramedics here respond to over 7,000 incidents annually, making it one of Tasmania's most active ambulance stations. Construction completed February 2025, fully operational April 2025.
Royal Hobart Showgrounds Redevelopment (Wilkinsons Point Precinct)
Major redevelopment of the Royal Hobart Showgrounds as part of the Wilkinsons Point Precinct. The $300 million transformation includes a new pavilion, 1,500-seat theatre, auditoriums, arena, plaza for up to 100 market stalls, public bar, caf', and retail and commercial spaces. The project will deliver over 450 new homes including 150 social and affordable housing units. First stage valued at $50 million was approved by Glenorchy City Council in January 2025. The redeveloped showgrounds will serve as an emergency centre and continue to host the Royal Hobart Show while creating a vibrant community hub. Large-scale sports and entertainment precinct including multi-purpose arena, outdoor recreation facilities, entertainment venues and community spaces.
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.
MONA Hotel Development
Proposed 172-room luxury hotel at MONA featuring cantilevered design over River Derwent. Includes theatre, spa centre, conference facilities and outdoor concert stage.
Glenorchy Sports Centre
A modern $28 million multi-sport facility featuring four indoor courts including a dedicated show court for netball, basketball, futsal, volleyball and wheelchair sports. The centre includes spectator seating for up to 600 patrons (300 permanent, 300 portable), modern change rooms with parent and sensory rooms, a registered Changing Places facility, three multi-purpose meeting and event spaces, administrative areas with foyer, reception, office space and kiosk, and secure storage options. The facility will include 68 car parks with three DDA-compliant spaces, two electric vehicle charging stations, dedicated drop-off and loading bay, motorbike parking and bike racks. Located at the entrance of Claremont College, the project has received planning approval and construction tender closed December 17, 2025, with construction expected to commence Q1 2026 and practical completion Q1 2027.
Employment
Employment conditions in Old Beach - Otago demonstrate exceptional strength compared to most Australian markets
Old Beach - Otago has a skilled workforce with essential services sectors well represented. As of September 2025, the unemployment rate is 2.1%. In comparison to Greater Hobart's rate of 4.0%, Old Beach - Otago's rate is 1.9% lower.
Workforce participation stands at 68.0%, slightly higher than Greater Hobart's 63.8%. According to Census responses, a low 7.3% of residents work from home. Employment in the area is concentrated in health care & social assistance, public administration & safety, and construction. The construction sector has particular employment specialization with an employment share of 1.2 times the regional level.
Conversely, accommodation & food services show lower representation at 4.8% compared to the regional average of 8.0%. Analysis of SALM and ABS data over a 12-month period indicates a labour force decrease of 0.7%, alongside an employment decline of 0.8%, causing unemployment to rise by 0.1 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth at 6.6% over five years and 13.5% over ten years. Applying these projections to Old Beach - Otago's employment mix suggests local employment should increase by 6.4% over five years and 13.5% over ten years, though this is a simple weighting extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment
As per AreaSearch's latest postcode level ATO data released for financial year ending June 2023, Old Beach - Otago SA2's median income among taxpayers is $58,354. The average income in this area is $65,226. This is below the national average of $71,927. In Greater Hobart, the median income is $54,577 and the average is $65,190. Based on Wage Price Index growth of 9.6% since financial year ending June 2023, current estimates for Old Beach - Otago would be approximately $63,956 (median) and $71,488 (average) as of September 2025. Census data shows that household, family and personal incomes in Old Beach - Otago are around the 60th percentile nationally. Distribution data indicates that 38.9% of individuals in this community earn between $1,500 and $2,999 annually (2,117 individuals), which is similar to regional levels where 32.2% fall within this bracket. After housing costs, residents retain 88.1% of their income, suggesting strong purchasing power. The area's SEIFA income ranking places it in the 6th decile nationally.
Frequently Asked Questions - Income
Housing
Old Beach - Otago is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
Old Beach - Otago's dwelling structure, as per the latest Census, consisted of 91.6% houses and 8.4% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Hobart metro's 85.3% houses and 14.7% other dwellings. Home ownership in Old Beach - Otago stood at 37.7%, with mortgaged dwellings at 51.0% and rented ones at 11.3%. The median monthly mortgage repayment was $1,517, aligning with Hobart metro's average. The median weekly rent figure was $400, higher than Hobart metro's $350. Nationally, Old Beach - Otago's mortgage repayments were lower than the Australian average of $1,863, while rents exceeded the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Old Beach - Otago features high concentrations of family households, with a higher-than-average median household size
Family households account for 79.9% of all households, including 34.5% couples with children, 35.2% couples without children, and 9.5% single parent families. Non-family households constitute the remaining 20.1%, with lone person households at 17.9% and group households comprising 2.4%. The median household size is 2.6 people, which is larger than the Greater Hobart average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Educational outcomes in Old Beach - Otago fall within the lower quartile nationally, indicating opportunities for improvement in qualification attainment
The area's university qualification rate is 19.0%, significantly lower than the SA4 region average of 32.8%. Bachelor degrees are most common at 12.8%, followed by postgraduate qualifications (4.1%) and graduate diplomas (2.1%). Vocational credentials are prominent, with 40.1% of residents aged 15+ holding them, including advanced diplomas (10.7%) and certificates (29.4%). Educational participation is high at 26.0%, with 10.5% in primary education, 6.4% in secondary education, and 3.4% pursuing tertiary education.
Educational participation is notably high, with 26.0% of residents currently enrolled in formal education. This includes 10.5% in primary education, 6.4% in secondary education, and 3.4% pursuing tertiary education.
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
Analysis of public transport in Old Beach - Otago shows 32 active transport stops operating within the area, serving a mix of bus routes. These stops are serviced by 110 individual routes, collectively providing 9,071 weekly passenger trips. Transport accessibility is rated as moderate, with residents typically located 404 meters from the nearest transport stop. The area is primarily residential, and most residents commute outward. Car remains the dominant mode of transport at 94%. Vehicle ownership averages 1.9 per dwelling, above the regional average.
According to the 2021 Census, a relatively low 7.3% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 1,295 trips per day across all routes, equating to approximately 283 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Old Beach - Otago is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Old Beach - Otago faces significant health challenges according to AreaSearch's assessment of mortality rates and chronic condition prevalence.
Both younger and older age cohorts exhibit notable prevalence of common health conditions, with private health cover at approximately 52% of the total population (~2,825 people), slightly lower than the average SA2 area. The most prevalent medical conditions are arthritis (11.1%) and mental health issues (9.4%), while 64.5% of residents report being completely clear of medical ailments compared to 65.5% across Greater Hobart. Working-age residents have an above-average prevalence of chronic health conditions. The area has a higher proportion of seniors aged 65 and over at 22.6% (1,228 people), compared to Greater Hobart's 19.9%. Health outcomes among seniors present some challenges, with national rankings even higher than the general population.
Frequently Asked Questions - Health
Cultural Diversity
Old Beach - Otago is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Old Beach-Otago, surveyed in 2016, showed low cultural diversity: 88.5% were born in Australia, 93.5% were citizens, and 93.9% spoke English only at home. Christianity dominated, with 50.9%, compared to Greater Hobart's 39.8%. Top ancestral groups were English (34.7%), Australian (32.3%), Irish (7.6%).
Polish was overrepresented at 0.9% (vs regional 0.8%), Australian Aboriginal at 2.9% (vs 3.0%), and Russian at 0.3% (vs 0.2%).
Frequently Asked Questions - Diversity
Age
Old Beach - Otago's population is slightly older than the national pattern
The median age in Old Beach - Otago 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 those aged 75-84 years make up 8.7% of the population, while those aged 25-34 years comprise 11.9%. From 2021 to present, the percentage of the population aged 75-84 has grown from 5.7% to 8.7%, while the percentage of those aged 55-64 has decreased from 13.5% to 11.2%, and the percentage of those aged 5-14 has dropped from 12.5% to 10.9%. By 2041, demographic projections indicate significant shifts in Old Beach - Otago's age structure. The number of people aged 75-84 is projected to rise by 290 (61%) from 473 to 764. Notably, the combined age groups of 65 and above will account for 55% of total population growth. Conversely, the age cohorts of 25-34 and 55-64 are expected to experience population declines.