Risdon Vale
Statistical Area - sa2

Population growth drivers in Risdon Vale are strong compared to national averages based on AreaSearch's ranking of recent, and medium to long-term trends

Risdon Vale's population was approximately 3,906 as of November 2025. This figure represents an increase of 405 people since the 2021 Census, which recorded a population of 3,501. The growth is inferred from ABS estimates showing an estimated resident population of 3,777 in June 2024 and an additional 255 validated new addresses since the Census date. This results in a population density ratio of 110 persons per square kilometer. Risdon Vale's population grew by 11.6% between the 2021 Census and November 2025, outpacing the SA4 region's growth rate of 4.3%. Interstate migration contributed approximately 67.7% to overall population gains during recent periods in Risdon Vale.

AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and Tasmania State Government's Regional/LGA projections for areas not covered by this data, adjusting using weighted aggregation methods. Future population trends suggest an increase just below the median of Australian statistical areas, with Risdon Vale expected to grow by 399 persons to 2041 based on latest numbers, resulting in a total increase of 6.9% over 17 years.

AreaSearch assessment of residential approval activity sees Risdon Vale among the top 30% of areas assessed nationwide

Risdon Vale has received approximately 33 dwelling approvals per year over the past five financial years, totalling 166 homes. As of FY26, 13 approvals have been recorded. On average, each dwelling built between FY21 and FY25 has attracted 2.2 new residents annually, indicating strong demand that supports property values. New homes are being constructed at an average cost of $331,000, which is somewhat higher than regional norms due to quality-focused development.

In the current financial year, commercial development approvals have reached $67.5 million, reflecting high levels of local commercial activity. Compared to Greater Hobart, Risdon Vale has seen 48.0% more development per person over the past five years, balancing buyer choice while supporting existing property values. All recent developments in the area have consisted of detached dwellings, preserving its traditional low-density character and appealing to families seeking space.

With approximately 103 people per approval, Risdon Vale reflects a developing area. By 2041, it is projected to grow by 268 residents. Given current development patterns, new housing supply should meet demand, offering favourable conditions for buyers and potentially facilitating further population growth beyond current projections.

Risdon Vale has limited levels of nearby infrastructure activity, ranking in the 9thth percentile nationally

No changes can significantly affect a region's performance like adjustments to local infrastructure, major projects, and planning initiatives. Zero projects have been identified by AreaSearch that could potentially impact this area. Notable projects include Northern Suburbs Transit Corridor (NSTC), Glenorchy Ambulance Super Station, Homes Tasmania Social Housing Program, and Intercity Cycleway Enhancements, with the following list outlining those most likely to be relevant.

Professional plan users can use the search below to filter and access additional projects.

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.

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

Risdon Vale's workforce is balanced across white and blue-collar jobs, with essential services well represented. The unemployment rate was 10.5% as of June 2025.

There were 1,191 residents employed, with an unemployment rate 6.3% higher than Greater Hobart's rate of 4.1%. Workforce participation in Risdon Vale lagged at 41.7%, compared to Greater Hobart's 61.6%. Employment was concentrated in health care & social assistance, retail trade, and construction. Retail trade had an employment share 1.5 times the regional level.

Professional & technical services showed lower representation at 3.1% versus the regional average of 6.6%. The area offered limited local employment opportunities, as indicated by the Census working population vs resident population count. Between June 2024 and June 2025, labour force decreased by 1.6%, employment declined by 2.4%, causing unemployment to rise by 0.7 percentage points. In contrast, Greater Hobart experienced a 1.5% employment decline and a 1.6% labour force decline, with a 0.2 percentage point drop in unemployment. Jobs and Skills Australia's national employment forecasts from May 2025 suggest Risdon Vale's employment could grow by approximately 6.4% over five years and 13.4% over ten years, based on industry-specific projections applied to the local employment mix.

The area's income levels rank in the lower 15% nationally based on AreaSearch comparative data

AreaSearch's latest postcode level ATO data for financial year 2022 shows Risdon Vale's median income among taxpayers was $47,669 and the average was $50,050. This is below the national average. Greater Hobart had a median of $51,272 and an average of $63,777 during this period. Based on Wage Price Index growth since financial year 2022, current estimates for Risdon Vale would be approximately $54,262 (median) and $56,972 (average) as of September 2025. Census data indicates household, family, and personal incomes in Risdon Vale fall between the 8th and 10th percentiles nationally. The income distribution shows that 31.1% of individuals earn between $800 and $1,499, contrasting with regional levels where those earning between $1,500 and $2,999 are highest at 32.2%. Housing affordability pressures in Risdon Vale are severe, with only 82.1% of income remaining after housing costs, ranking at the 8th percentile nationally.

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

Risdon Vale's dwelling structures, as per the latest Census, consisted of 93.1% houses and 6.9% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Hobart metro's 93.4% houses and 6.6% other dwellings. Home ownership in Risdon Vale was at 29.9%, with mortgaged dwellings at 38.3% and rented ones at 31.7%. The median monthly mortgage repayment was $1,083, below Hobart metro's average of $1,538. The median weekly rent in Risdon Vale was $320, compared to Hobart metro's $350. Nationally, Risdon Vale's mortgage repayments were significantly lower than the Australian average of $1,863, and rents were substantially below the national figure of $375.

Risdon Vale has a typical household mix, with a fairly typical median household size

Family households comprise 67.6% of all households, including 23.0% couples with children, 23.2% couples without children, and 19.9% single parent families. Non-family households account for the remaining 32.4%, with lone person households at 29.1% and group households comprising 2.9%. The median household size is 2.4 people, which matches the Greater Hobart average.

Risdon Vale 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 at 11.2%, significantly lower than the SA4 region average of 32.8%. This presents both a challenge and an opportunity for targeted educational initiatives. Bachelor degrees are the most common at 8.1%, followed by postgraduate qualifications at 2.2% and graduate diplomas at 0.9%. Trade and technical skills are prominent, with 33.9% of residents aged 15+ holding vocational credentials - advanced diplomas at 5.3% and certificates at 28.6%.

Educational participation is high, with 40.9% of residents currently enrolled in formal education. This includes 18.2% in primary education, 11.0% in secondary education, and 3.1% pursuing tertiary education. Risdon Vale Primary School serves the local educational needs within Risdon Vale, enrolling 169 students as of a recent report. The area offers varied educational conditions across Risdon Vale, with 1 school focusing exclusively on primary education, while secondary options are available in nearby areas. Limited local school capacity, at 4.3 places per 100 residents compared to the regional average of 14.3, means many families travel to neighboring areas for schooling.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Risdon Vale has 35 active public transport stops, all of which are bus stops. These stops are served by 29 different routes that together facilitate 3044 weekly passenger trips. The average distance from residents' homes to the nearest transport stop is 128 meters, indicating excellent accessibility.

On average, there are 434 daily trips across all routes, which translates to approximately 86 weekly trips per individual stop.

Health performance in Risdon Vale is a key challenge with a range of health conditions having marked impacts on both younger and older age cohorts

Risdon Vale faces significant health challenges, affecting both younger and older age groups. Approximately 46% of its total population (~1,804 people) has private health cover, compared to 51.4% in Greater Hobart and a national average of 55.3%. Mental health issues and arthritis are the most prevalent conditions, impacting 13.0% and 10.5% of residents respectively, while 58.9% report no medical ailments, compared to 64.2% in Greater Hobart.

As of 2021, 14.6% of Risdon Vale's population is aged 65 and over (569 people), lower than the 21.8% in Greater Hobart. Health outcomes among seniors are broadly aligned with those of the general population.

Risdon Vale is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Risdon Vale had a cultural diversity level below average. Its population comprised 75.8% citizens, 92.0% born in Australia, and 95.2% speaking English only at home. Christianity was the predominant religion, accounting for 37.8% of Risdon Vale's population.

Islam, however, was overrepresented compared to Greater Hobart, with 0.7% of the population identifying as Muslim. The top three ancestry groups in Risdon Vale were English (37.2%), Australian (34.2%), and Australian Aboriginal (7.1%).

Risdon Vale's population is younger than the national pattern

Risdon Vale's median age is 34 years, which is lower than the Greater Hobart average of 39 and significantly under the Australian median of 38. Compared to Greater Hobart, Risdon Vale has a higher percentage of residents aged 25-34 (20.6%), but fewer residents aged 65-74 (6.6%). This 25-34 concentration is well above the national average of 14.5%. Between the 2021 Census and present, the 25 to 34 age group has increased from 18.9% to 20.6%, while the 65 to 74 cohort has decreased from 7.4% to 6.6%. Demographic projections suggest significant changes in Risdon Vale's age profile by 2041. The 45 to 54 age group is projected to grow by 63%, adding 257 residents to reach a total of 666. Conversely, both the 65 to 74 and 35 to 44 age groups are expected to decrease in number.