Ravenswood

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 was approximately 3,978 as of February 2026, indicating a rise of 174 individuals (4.6%) since the 2021 Census which reported a population of 3,804 people. This increase is inferred from the estimated resident population of 3,969 in June 2024 and an additional 50 validated new addresses since the Census date. The population density was around 397 persons per square kilometer. Ravenswood's growth rate of 4.6% since the 2021 census surpassed the SA3 area average of 4.2%. Interstate migration contributed approximately 39.6% to overall population gains, with all demographic factors showing positive trends. 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 post-2032 growth by age group, Tasmania State Government's Regional/LGA projections from 2022 with a base year of 2021 are adopted, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Looking ahead, demographic trends suggest a population increase just below the median of Australia's regional areas, with Ravenswood expected to gain 308 persons by 2041, reflecting an overall increase of 7.5% over 17 years.

AreaSearch analysis of residential development drivers sees Ravenswood recording a relatively average level of approval activity when compared to local markets analysed countrywide

Ravenswood has averaged approximately 17 new dwelling approvals per year over the past five financial years, totalling 89 homes. In FY-26 so far, 4 approvals have been recorded. Each dwelling built between FY-21 and FY-25 has resulted in an average of 2.5 new residents per year. The average expected construction cost value for new homes is $131,000, which is below regional levels, suggesting more affordable housing options for buyers.

This financial year has seen $80,000 in commercial approvals, indicating limited commercial development activity. Ravenswood's development levels, when compared to the Rest of Tas., are similar on a per person basis, maintaining market equilibrium with surrounding areas. However, development activity has decreased in recent periods.

Detached houses make up 82.0% of new building activity, and townhouses or apartments account for 18.0%, preserving Ravenswood's low-density nature and attracting space-seeking buyers. The estimated population per dwelling approval is 365 people, reflecting the area's quiet development environment. According to AreaSearch's latest quarterly estimate, Ravenswood is projected to add 299 residents by 2041. With current construction levels, housing supply should meet demand adequately, creating favourable conditions for buyers and potentially enabling growth that exceeds current forecasts.

Ravenswood has limited levels of nearby infrastructure activity, ranking in the 11thth percentile nationally

Nine projects identified by AreaSearch could significantly impact the area's performance. These include Ravenswood Subdivision, Housing Land Supply Ravenswood Order, 38A Faulkner Road Rural Living Rezoning and Subdivision, and UTAS Stadium Redevelopment.

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Employment conditions in Ravenswood face significant challenges, ranking among the bottom 10% of areas assessed nationally

Ravenswood's workforce comprises white and blue-collar jobs across diverse sectors. Its unemployment rate as of September 2025 was 13.7%. In Ravenswood, 1,385 residents were employed, with an unemployment rate 9.8% higher than Rest of Tas.'s rate of 3.8%.

Workforce participation lagged at 51.1%, compared to Rest of Tas.'s 58.6%. Census data showed only 2.5% of residents worked from home. Dominant employment sectors were health care & social assistance, retail trade, and accommodation & food. Notably, administrative & support services had employment levels at 2.6 times the regional average.

Conversely, agriculture, forestry & fishing represented only 2.9%, compared to the regional average of 8.4%. The area appeared to offer limited local employment opportunities based on Census data. Between September 2024 and September 2025, Ravenswood's labour force decreased by 2.6% and employment declined by 2.6%, leaving unemployment broadly flat. In contrast, Rest of Tas. saw employment growth of 0.7% and labour force growth of 0.5%, with a 0.2 percentage point drop in unemployment. National employment forecasts from Jobs and Skills Australia, released in May-25, 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 employment should increase by 6.0% over five years and 12.9% over ten years.

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 2023 shows that Ravenswood SA2 has an income below the national average. The median income is $36,616 while the average stands at $45,603. This contrasts with Rest of Tas., where the median income is $49,689 and the average is $59,358. Based on Wage Price Index growth of 9.6% since financial year 2023, current estimates for Ravenswood are approximately $40,131 (median) and $49,981 (average) as of September 2025. The 2021 Census data reveals that household, family, and personal incomes in Ravenswood all fall between the 0th and 3rd percentiles nationally. Distribution shows 34.5% of the population, equating to 1,372 individuals, earn within the $400 - 799 income range, unlike metropolitan regions where 28.5% fall within the $1,500 - 2,999 range. The prevalence of lower-income residents, with 46.9% earning under $800/week, indicates constrained household budgets across much of the area. Housing affordability pressures are severe, with only 80.3% of income remaining, ranking at the 3rd percentile nationally.

Ravenswood is characterized by a predominantly suburban housing profile, with a higher proportion of rental properties than the broader region

The dwelling structure in Ravenswood, as evaluated at the latest Census conducted on 27 June 2016, consisted of 79.7% houses and 20.3% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Non-Metro Tas. had a dwelling structure of 89.9% houses and 10.1% other dwellings. The level of home ownership in Ravenswood was 22.2%, with the remainder of dwellings either mortgaged (26.4%) or rented (51.4%). The median monthly mortgage repayment in Ravenswood was $867, while the median weekly rent figure was recorded at $225. Nationally, Ravenswood's mortgage repayments are significantly lower than the Australian average of $1,863, as reported on 20 August 2021, while rents are substantially below the national figure of $375, as per data from the same date.

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 make up the remaining 37.0%, with lone person households at 33.6% and group households comprising 3.3% of the total. The median household size is 2.3 people, which matches the average for the Rest of Tas.

Ravenswood faces educational challenges, with performance metrics placing it in the bottom quartile of areas assessed nationally

The area's university qualification rate is 7.4%, significantly lower than the Australian average of 30.4%. Bachelor degrees are most common at 5.3%, followed by postgraduate qualifications (1.5%) and graduate diplomas (0.6%). Vocational credentials are prevalent, with 35.4% of residents aged 15+ holding them, including advanced diplomas (6.0%) and certificates (29.4%). Educational participation is high at 29.6%, with 14.1% in primary education, 8.2% in secondary education, and 1.9% pursuing tertiary education.

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.

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 45 different routes that together facilitate 2,036 weekly passenger trips. The area's transport accessibility is rated as excellent, with residents typically located 157 meters from their nearest transport stop. Ravenswood, being predominantly residential, sees most of its residents commuting outward. Cars remain the primary mode of transport, used by 91% of residents. On average, there are 1.1 vehicles per dwelling, which is below the regional average.

According to the 2021 Census, only 2.5% of residents work from home, a figure that may be influenced by COVID-19 conditions. The service frequency across all routes averages 290 trips per day, equating to approximately 81 weekly trips per individual stop.

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, as assessed by AreaSearch. Mortality rates and chronic condition prevalence are high, affecting both younger and older age groups. Private health cover is low at approximately 46% of the total population (around 1,845 people), compared to 49.1% in the rest of Tasmania and a national average of 55.7%.

Mental health issues and asthma are the most common conditions, affecting 13.4% and 12.6% of residents respectively. However, 54.2% of residents report no medical ailments, compared to 62.0% in the rest of Tasmania. The working-age population has notably high chronic condition rates. Ravenswood has 16.6% of residents aged 65 and over (661 people), lower than the 24.9% in the rest of Tasmania. Health outcomes among seniors show some challenges, generally aligning with national rankings.

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 level below average. It comprised 89.4% citizens, with 92.8% born in Australia and 96.3% speaking English at home. Christianity was the predominant religion, accounting for 35.0%.

The 'Other' category showed slight overrepresentation at 0.8%, compared to Rest of Tas's 0.7%. In terms of ancestry, the top three groups were English (36.6%), Australian (34.1%), and Australian Aboriginal (7.3%).

Ravenswood's population is slightly younger than the national pattern

Ravenswood's median age is 36, which is lower than the Rest of Tas. figure of 45 and the national norm of 38. The 15-24 age group makes up 14.3% of Ravenswood's population, higher than the Rest of Tas., while the 65-74 cohort comprises 8.8%. According to the 2021 Census, Ravenswood's 15-24 age group increased from 13.3% to 14.3%, while the 45-54 cohort decreased from 13.5% to 11.6% and the 65-74 group dropped from 10.1% to 8.8%. By 2041, Ravenswood's age profile is projected to change significantly. The 15-24 group is expected to grow by 14%, adding 79 people to reach 650 from 570. Meanwhile, population declines are forecast for the 65-74 and 35-44 cohorts.