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Sales Activity
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Population
Ravenswood is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
Ravenswood's population is approximately 3,978 as of November 2025. This figure represents an increase of 174 people since the 2021 Census, which recorded a population of 3,804. The growth is inferred from ABS estimates: Ravenswood had 3,969 residents in June 2024 and gained 50 new addresses post-Census. This results in a density ratio of 397 persons per square kilometer. Ravenswood's growth rate of 4.6% since the Census surpassed its SA3 area's 3.9%, indicating it is a regional growth leader. Interstate migration contributed approximately 39.6% to population gains, with all drivers being positive factors.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered and post-2032 growth by age group, Tasmania State Government's Regional/LGA projections from 2022 (base year: 2021) are adopted with adjustments made via weighted aggregation. Future demographic trends suggest Ravenswood will increase by approximately 308 persons to reach around 4,286 by 2041, reflecting a total increase of about 7.5% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Ravenswood recording a relatively average level of approval activity when compared to local markets analysed countrywide
Ravenswood averaged approximately 17 new dwelling approvals per year over the past five financial years, totalling 89 homes. As of FY26, one approval has been recorded. Over these five years, an average of 2.5 new residents was gained annually for each dwelling built. The average construction cost value of new homes is $131,000, which is below regional levels, indicating more affordable housing options.
In FY26, there have been $80,000 in commercial approvals, suggesting minimal commercial development activity. Compared to the Rest of Tas., Ravenswood has similar development levels per person, maintaining market equilibrium with surrounding areas. However, development activity has decreased recently.
The majority of new buildings are detached houses (82.0%), with townhouses or apartments making up 18.0%, preserving the area's low-density nature and attracting space-seeking buyers. There are estimated to be 365 people in the area per dwelling approval, reflecting its quiet development environment. Future projections indicate Ravenswood adding 299 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers while potentially enabling growth that exceeds current forecasts.
Frequently Asked Questions - Development
Infrastructure
Ravenswood has limited levels of nearby infrastructure activity, ranking in the 10thth percentile nationally
Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified eight projects that could impact this region. Notable projects include Ravenswood Subdivision, Housing Land Supply Ravenswood Order, 38A Faulkner Road Rural Living Rezoning and Subdivision, and UTAS Stadium Redevelopment. The following list details those most relevant.
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Frequently Asked Questions - Infrastructure
Launceston General Hospital Redevelopment
Multi-stage redevelopment of Launceston General Hospital (LGH) delivered over approximately 20 years. Key completed/ongoing works include a new multi-level car park (completed 2023), new helipad, expanded emergency department, new inpatient ward, and mental health precinct. Current Stage 4 (Acute Medical and Surgical Inpatient Wards Project) is under construction with practical completion expected mid-2027. Total project remains on track for completion by early 2040s.
Launceston General Hospital Northern Integrated Mental Health Precinct
New Northern Integrated Mental Health Precinct at Launceston General Hospital comprising a 30-bed Acute Mental Health Unit, 5-bed Short Stay Unit, Recovery College, Safe Haven cafe, and expanded community mental health services. Construction commenced in 2025 as part of the broader LGH Redevelopment Master Plan.
Launceston Hospice
A purpose-built 12-bed palliative care hospice facility located at the historic Allambi Building within the Launceston General Hospital precinct. The facility is designed to replicate a home-like environment, providing dignity, access and connectivity to established gardens and courtyards. It will operate 24 hours a day, seven days a week, offering inpatient and respite care services for community members with life-limiting conditions and their families and carers. Designed by Jaws Architects, the project represents the first dedicated public palliative care hospice in Northern Tasmania since the closure of Phillip Oakden House in 2007. Planning approval was granted by City of Launceston in May 2025, with construction tender advertised shortly after.
Northern Heart Centre
A new $120 million cardiac facility featuring a 24-bed cardiac inpatient unit with two cardiac catheterisation laboratories and dedicated diagnostic testing and monitoring facilities. The three-story building will be strategically positioned on the Frankland Street side of Launceston General Hospital, connected directly to the hospital with seamless access to the Intensive Care Unit, Emergency Department, and Medical Imaging. The Centre will consolidate cardiac care services in one convenient location, enhancing health outcomes for Northern Tasmanians. Development Application submitted May 2025, with construction tenders expected late 2025.
UTAS Stadium Redevelopment
The $130 million redevelopment of UTAS Stadium (York Park) in Launceston is transforming it into a world-class sporting and entertainment venue. Key features include a new Centre West Stand with premium seating, corporate and hospitality facilities, media spaces; a fully redeveloped Eastern Stand with 3,629 new seats and modern amenities; Western Stand infill adding over 2,000 seats total and more than 50 accessible seats; upgraded sports lighting, safety features, spectator facilities, and LED ribbon board. Main construction by Fairbrother Pty Ltd commenced in 2025, with completion expected early 2027 ahead of the Tasmania Football Club's AFL/AFLW entry in 2028. The stadium continues to host events during construction. Managed by Stadiums Tasmania with funding from Tasmanian and Australian Governments.
Northern Suburbs Community Recreation Hub (The Hub)
A $43.6 million (Stage 2) multi-purpose community sport and recreation hub in Mowbray, Launceston. Stage 2 delivers over 10,000 sqm of indoor space with 7 courts (4 dedicated netball, 3 multi-use), rock climbing wall, gymnastics area, gym/dojo/boxing/weights, cafe, community rooms, youth space and spectator seating. As of October 2025, construction is approximately 85% complete by Vos Construction & Joinery, with practical completion expected mid-2026 (delayed from early 2026 due to supply chain and weather impacts). Stage 3 ($18.8 million, 4 additional courts) remains in concept/planning phase with no firm start date. Funded through the Launceston City Deal (Australian Government, Tasmanian Government, City of Launceston).
Ravenswood Subdivision
A planned subdivision on a 12.6 hectare site at 50 Wildor Crescent, Ravenswood, delivering approximately 100 residential lots ranging from 501 square metres to 1863 square metres. The development includes 4421 square metres of public open space and a new road with two junctions to Wildor Crescent. Most lots will initially be available through the MyHome shared equity program, with open market sales after 30 days. The site was transferred to Homes Tasmania in June 2023 under a Housing Land Supply Order.
NTCA Sports Complex Redevelopment
Redevelopment of the NTCA Sports Complex to provide expanded fit-for-purpose facilities for soccer, cricket, and football, including refurbished grounds, new indoor and outdoor cricket training facilities, improved access and additional parking, and a new shared function centre with gymnasium, change rooms, toilets, commercial kitchen, and seating for 350. Addresses safety, operational, and accessibility issues.
Employment
Employment conditions in Ravenswood face significant challenges, ranking among the bottom 10% of areas assessed nationally
Ravenswood's workforce is balanced across white and blue-collar jobs with varied sector representation. Its unemployment rate as of June 2025 was 13.6%.
A total of 1,400 residents were employed, with an unemployment rate 9.7% higher than Rest of Tas.'s rate of 3.9%. Workforce participation in Ravenswood was lower at 47.7%, compared to Rest of Tas.'s 55.7%. Dominant employment sectors included health care & social assistance, retail trade, and accommodation & food. Administrative & support services had notably high representation, at 2.6 times the regional average.
Conversely, agriculture, forestry & fishing showed lower representation at 2.9% versus the regional average of 8.4%. The area appeared to offer limited local employment opportunities, as indicated by a comparison of Census working population and resident population figures. Between June 2024 and June 2025, Ravenswood's labour force decreased by 1.5%, while employment declined by 0.6%, causing unemployment to fall by 0.8 percentage points. In contrast, Rest of Tas. experienced an employment decline of 0.5% and a labour force decline of 0.6%. Jobs and Skills Australia's national employment forecasts from May 2025 projected national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Ravenswood's employment mix suggested local growth of approximately 6.0% over five years and 12.9% over ten years, based on a simple weighting extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
Income metrics place the area in the bottom 10% of locations nationally according to AreaSearch analysis
AreaSearch's latest postcode level ATO data for financial year ended June 2022 shows income in Ravenswood is below national average. Median income stands at $34,458 while average income is $43,337. In contrast, Rest of Tas.'s median income is $47,358 with an average of $57,384. Based on Wage Price Index growth of 13.83% since financial year ended June 2022, current estimates for Ravenswood are approximately $39,224 (median) and $49,331 (average) as of September 2025. From the 2021 Census, household, family and personal incomes in Ravenswood all fall between 1st and 3rd percentiles nationally. Distribution data shows 34.5% of population (1,372 individuals) falls within $400 - $799 income range, unlike metropolitan region where 28.5% fall within $1,500 - $2,999 range. Prevalence of lower-income residents (46.9% under $800/week) indicates constrained household budgets across much of area. Housing affordability pressures are severe, with only 80.3% of income remaining, ranking at 3rd percentile nationally.
Frequently Asked Questions - Income
Housing
Ravenswood is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region
As evaluated in the latest Census (2016), Ravenswood's dwelling structures consisted of 79.7% houses and 20.3% other dwellings such as semi-detached homes, apartments, and other types. This is compared to Non-Metro Tas., which had 82.1% houses and 17.9% other dwellings. Home ownership in Ravenswood was at 22.2%, with mortgaged dwellings at 26.4% and rented ones at 51.4%. The median monthly mortgage repayment was $867, significantly lower than Non-Metro Tas.'s average of $1,300. The median weekly rent in Ravenswood was recorded at $225, compared to $280 in Non-Metro Tas. Nationally, Ravenswood's mortgage repayments were notably lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Ravenswood features high concentrations of lone person households, with a fairly typical median household size
Family households constitute 63.0% of all households, including 18.7% couples with children, 18.7% couples without children, and 24.0% single parent families. Non-family households account for the remaining 37.0%, with lone person households at 33.6% and group households comprising 3.3%. The median household size is 2.3 people, which matches the average for the Rest of Tas.
Frequently Asked Questions - Households
Local Schools & Education
Ravenswood faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally
The area faces educational challenges, with university qualification rates of 7.4%, substantially below the Australian average of 30.4%. This represents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees lead at 5.3%, followed by postgraduate qualifications (1.5%) and graduate diplomas (0.6%). Trade and technical skills feature prominently, with 35.4% of residents aged 15+ holding vocational credentials – advanced diplomas (6.0%) and certificates (29.4%).
Educational participation is notably high, with 29.6% of residents currently enrolled in formal education. This includes 14.1% in primary education, 8.2% in secondary education, and 1.9% pursuing tertiary education. Ravenswood Heights Primary School and Northern Support School serve a total of 380 students in the area. The educational mix includes one primary school and one K-12 school. There are 9.6 school places per 100 residents, falling below the regional average of 18.4, with some students likely attending 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
Ravenswood has 25 active public transport stops, all of which are bus stops. These stops are served by 20 different routes that together facilitate 1,517 weekly passenger trips. The average distance from a resident's location to the nearest stop is 157 meters, indicating excellent transport accessibility.
On average, there are 216 trips per day across all routes, which translates to roughly 60 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Ravenswood is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts
Ravenswood faces significant health challenges, affecting various age groups. Approximately 47% (~1,853 people) have private health cover, lower than Rest of Tas.'s 50.6% and the national average of 55.3%. Mental health issues and asthma are prevalent, impacting 13.4% and 12.6% respectively.
About 54.2% report no medical ailments, compared to 63.9% in Rest of Tas.. Ravenswood has 16.8% (667 people) aged 65 and over, lower than Rest of Tas.'s 19.9%. Health outcomes among seniors are broadly similar to the general population's profile.
Frequently Asked Questions - Health
Cultural Diversity
The latest Census data sees Ravenswood placing among the least culturally diverse areas in the country when compared across a range of language and cultural background related metrics
Ravenswood had a cultural diversity index below average, with 89.4% citizens, 92.8% born in Australia, and 96.3% speaking English only at home. Christianity was the predominant religion, accounting for 35.0%. The 'Other' religious category comprised 0.8%, compared to 1.1% in Rest of Tas.
Top ancestry groups were English (36.6%), Australian (34.1%), and Australian Aboriginal (7.3%).
Frequently Asked Questions - Diversity
Age
Ravenswood's population is slightly younger than the national pattern
Ravenswood has a median age of 36, which is lower than the Rest of Tasmania's figure of 45 and slightly below the national average of 38. The age group of 5-14 years old makes up 15.3% of Ravenswood's population, higher than the Rest of Tasmania's percentage. Conversely, the 65-74 age group constitutes only 9.1%. According to the 2021 Census, the 25 to 34 age group has increased from 13.8% to 14.8%, while the 45 to 54 cohort has decreased from 13.5% to 12.1%. The 65 to 74 age group has also dropped, from 10.1% in 2016 to 9.1% in 2021. By 2041, Ravenswood's age profile is expected to change significantly based on demographic modeling. Notably, the 15 to 24 age group is projected to grow by 20%, reaching 650 people from its current figure of 542. Meanwhile, population declines are forecast for the 65 to 74 and 35 to 44 age groups.