Chart Color Schemes
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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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
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 5,411 as of May 2026. This reflects an increase of 422 people since the 2021 Census, which reported a population of 4,989 people. The change is inferred from the estimated resident population of 5,286 in June 2025 and an additional 321 validated new addresses since the Census date. This level of population equates to a density ratio of 171 persons per square kilometer. Old Beach - Otago's growth rate of 8.5% since the 2021 census exceeded the SA4 region (3.9%) and Greater Hobart, marking it as a growth leader in the region. Population growth was primarily driven by interstate migration contributing approximately 51.6% 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, and Tasmania State Government's Regional/LGA projections for areas not covered by this data, released in 2022 with 2021 as the base year. Future population trends project an above median growth for national areas, with Old Beach - Otago expected to grow by 961 persons to 2041 based on the latest annual ERP population numbers, reflecting a total increase of 15.4% over the 16 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 FY-21 to FY-25, around 317 homes were approved, with another 18 approved so far in FY-26. On average, about 1.2 new residents have arrived per year for each new home over these five years, suggesting a balanced supply and demand creating stable market conditions.
The average construction value of new dwellings is $328,000, which is moderately above regional levels, indicating an emphasis on quality construction. This financial year has seen $75,000 in commercial approvals registered, reflecting minimal commercial development activity. Compared to Greater Hobart, Old Beach - Otago records elevated construction activity, with 39.0% more approvals per person over the five-year period. This maintains good buyer choice while supporting existing property values.
This level of activity is above average nationally, indicating strong developer confidence in the area. Recent development has been exclusively detached dwellings, maintaining the area's traditional low-density character and appealing to those seeking family homes with space. Old Beach - Otago reflects a developing area, with approximately 66 people per approval. Population forecasts indicate the area will gain around 836 residents by 2041, based on the latest AreaSearch quarterly estimate. 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
Development applications around Old Beach - Otago
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| Lodged | Address | Description | Type | Distance | Status |
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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.
Infrastructure
Old Beach - Otago has limited levels of nearby infrastructure activity, ranking in the 4thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified nine projects that could affect this region. Notable projects are Windermere Bay Precinct, Chocolate Experience at Cadbury, Cadbury Experience, and Glenorchy Sports Centre. The following list details the most relevant projects.
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INFRASTRUCTURE SEARCH
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.
Frequently Asked Questions - Infrastructure
Wilkinsons Point Precinct
A transformational 500 million dollar mixed-use waterfront precinct on a 15 hectare site adjoining MyState Bank Arena on the River Derwent foreshore. The Tasmanian Government agreed in February 2025 to sell the Crown Land at Wilkinsons Point to the LK Group, with the Valuer-General to determine the price. As at September 2025 the Auditor-General reported the land sale process was not yet complete. The masterplan, originally approved by the Tasmanian Planning Commission in September 2020, is being delivered in three stages and includes a 12 storey, 250 room hotel, around 120 student accommodation units, a multi-purpose community sports centre with basketball courts, gymnastics and gym facilities, waterfront food and beverage outlets, sports related retail, big-box retail (with the developer pursuing Aldi as an anchor), public open spaces and an extension of the foreshore trail. The Tasmanian Government is separately delivering common-use infrastructure including a new Wilkinsons Point ferry terminal, services and parking. The precinct is positioned to complement the nearby Museum of Old and New Art and the Glenorchy Art and Sculpture Park.
Chocolate Experience at Cadbury
A 150 million dollar tourism attraction transforming the waterfront parklands beside the historic Cadbury factory at Claremont into an immersive chocolate visitor experience. The development will include Chocolate Central with interactive flavour displays, a Chocolate Lounge dessert restaurant, a Premium Chocolate Studio offering masterclasses and Build Your Own Bar sessions, and a curated emporium. The ticketed Chocolate Immersion Tour will guide guests through themed zones including the Cacao Forest, Chocolate Lab, the Dairy showcasing Tasmanian milk producers, the Crumb Vault, Paint Your Flavour, the Taste Kitchen and a Factory Control experience. Visitor access will be primarily by river, with two new purpose-built ferries operated by Navigators Group running between Hobart and a new Cadbury Claremont ferry terminal. The project also includes upgrades to the foreshore parklands and an extension of the Hobart Foreshore cycleway. Glenorchy City Council granted development approval in May 2026, with construction to follow and opening forecast for late 2028. The attraction is projected to draw 431,000 visitors a year and add over 120 million dollars to the Tasmanian visitor economy annually, supporting more than 300 construction jobs and 200 ongoing roles. About 95 per cent of the project cost is to be privately funded, with capital raising led by Melbourne investment bank Kidder Williams.
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. This program includes multiple affordable housing developments across the Glenorchy area, specifically 23 new units approved by Glenorchy City Council and 15 additional units on separate sites, totaling 38 units. Construction for these Glenorchy units commenced first half of 2025, with these particular units expected to be completed by 2026. Modular construction methods are being used to accelerate delivery, as part of Tasmania's 10,000 homes by 2032 commitment.
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. The unemployment rate as of December 2025 is 2.2%. Employment stability over the past year has been relative.
As of December 2025, 2,880 residents are employed while the unemployment rate is 1.9% lower than Greater Hobart's rate of 4.0%. Workforce participation is fairly standard at 67.7%, compared to Greater Hobart's 63.7%. According to Census responses, a low 7.3% of residents work from home. Employment is concentrated in health care & social assistance, public administration & safety, and construction.
The area has particular employment specialization in construction, with an employment share 1.2 times the regional level. Conversely, accommodation & food shows lower representation at 4.8%, compared to the regional average of 8.0%. Local employment opportunities appear limited based on Census working population vs resident population comparison. Over a 12-month period ending December 2025, labour force decreased by 0.0% alongside a 0.2% employment decline, causing unemployment to rise by 0.2 percentage points. In contrast, Greater Hobart experienced employment growth of 0.1% and labour force decline of 0.1%, with a 0.2 percentage point drop in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 offer insight into potential future demand within Old Beach - Otago. These projections estimate national employment growth at 6.6% over five years and 13.7% over ten years. Applying these industry-specific 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 these are simple weighting extrapolations for illustrative purposes and do not account for localised population projections.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates above-average performance, with income metrics exceeding national benchmarks based on AreaSearch comparative assessment
AreaSearch's latest postcode level ATO data for financial year 2023 shows Old Beach - Otago SA2 had a median income of $58,354 and an average of $65,226 among taxpayers. This is slightly below the national average. Greater Hobart's median was $54,577 with an average of $65,190. Based on Wage Price Index growth of 10.95% since financial year 2023, estimated incomes for March 2026 would be approximately $64,744 (median) and $72,368 (average). Census data indicates household, family, and personal incomes in Old Beach - Otago cluster around the 60th percentile nationally. Income distribution shows that 38.9% of individuals (2,104 people) earn between $1,500 and $2,999, similar to regional levels at 32.2%. After housing costs, residents retain 88.1% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 5th decile.
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, comprised 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 was at 37.7%, with mortgaged dwellings at 51.0% and rented dwellings at 11.3%. The median monthly mortgage repayment was $1,517, aligning with Hobart metro's average. The median weekly rent figure was $400, compared to 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 compose 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 account for 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, 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 prevalent, 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%, comprising primary education (10.5%), secondary education (6.4%), and tertiary education (3.4%).
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
Public transport analysis shows 32 active transport stops operating within Old Beach-Otago. These stops are served by a mix of buses totaling 110 individual routes, providing collectively 9,071 weekly passenger trips. Transport accessibility is rated as moderate, with residents typically located 404 meters from the nearest stop. Most residents commute outward due to its residential nature, with car being the dominant mode 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 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's health data indicates significant issues based on AreaSearch's evaluation of mortality rates and chronic condition prevalence.
Both younger and older age groups show notable prevalence of common health conditions. Approximately 52% (~2,808 people) have private health cover, slightly lower than the average SA2 area. The most prevalent medical conditions are arthritis (11.1%) and mental health issues (9.4%). Conversely, 64.5% report no medical ailments, compared to 65.5% in Greater Hobart. Working-age residents have a higher-than-average prevalence of chronic health conditions. As of the latest data (2021), 21.8% (~1,180 people) are aged 65 and over, exceeding Greater Hobart's 20.0%. Health outcomes among seniors present additional challenges, ranking even higher than the general population nationally.
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 was found to have below average cultural diversity, with 88.5% of its population born in Australia. This figure is higher than the regional average of 74.9%. Furthermore, 93.5% of Old Beach-Otago's population are citizens, compared to 91.2% regionally.
In terms of language spoken at home, 93.9% speak English only, which is also higher than the regional average of 86.7%. Christianity is the main religion in Old Beach-Otago, with 50.9% of people identifying as such. This figure is notably higher than the regional average of 39.8%. In terms of ancestry, the top three groups represented are English (34.7%), Australian (32.3%), and Irish (7.6%). Notably, Polish ancestry is overrepresented in Old Beach-Otago at 0.9%, compared to the regional average of 0.8%. Similarly, Australian Aboriginal ancestry is slightly overrepresented at 2.9% versus 3.0% regionally, and Russian ancestry is also somewhat higher at 0.3% versus 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 65-74 make up 12.0% of the population, while those aged 25-34 comprise 12.3%. Between 2021 and present, the 75 to 84 age group has increased from 5.7% to 8.3%, while the 55 to 64 cohort has decreased from 13.5% to 11.5% and the 5 to 14 age group has dropped from 12.5% to 11.2%. By 2041, demographic projections indicate significant shifts in Old Beach - Otago's age structure. The 75 to 84 age cohort is projected to rise substantially by 61%, from 447 to 721 people. Notably, the combined 65+ age groups are expected to account for 53% of total population growth. Conversely, the 25 to 34 and 55 to 64 cohorts are projected to experience population declines.