Risdon Vale

SA2

Greater Hobart / Hobart - North East

 
 
 
 
 
 
 
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Statistical Area (SA2) Boundary Analysis

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 ActivityProperty Sales Trends in Risdon Vale

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DemographicsPopulation Growth in Risdon Vale

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Risdon Vale has an estimated 3,799 residents, up from 3,501 at the 2021 Census — a change of 298 people, or 8.5%. Growth has averaged 1.5% a year over five years. 255 new addresses have been validated here since Census night. Interstate and internal migration accounts for 69.0% of that increase. That puts 107 residents on each square kilometre. Population is estimated from ABS Estimated Resident Population releases and GNAF address data, re-based from the 2021 Census and updated annually.

Detail

According to AreaSearch's calculations, Risdon Vale has an estimated population of 3,799 in May 2026. This represents an addition of 298 residents (8.5%) compared to the 2021 Census baseline of 3,501 people. The updated estimate is calculated using the June 2025 ABS estimated resident population of 3,799 alongside 255 validated new addresses registered since the Census. With a density of 107 persons per square kilometer, the area offers substantial personal space and capacity for future expansion. The local growth rate of 8.5% since the 2021 census outpaced both Greater Hobart and the broader SA4 region (3.9%), placing the suburb among the top growth areas locally.

Interstate migration was the main contributor to these demographic gains, accounting for roughly 69.0% of the overall population increase, though natural increase and overseas migration also registered positive results. Projections published by the ABS and Geoscience Australia in 2024 (using 2022 as a baseline) are utilized for SA2 zones. For locations not detailed in that release, and to project age cohorts beyond 2032, regional and LGA projections from the Tasmania State Government released in 2022 (using a 2021 baseline) are applied via a weighted aggregation method translating LGA growth down to SA2 zones. Future growth is expected to track just below the median rate of Australian statistical areas, with Risdon Vale projected to add 361 residents by 2041 based on the most recent annual ERP statistics, representing a total expansion of 9.5% over the 16 years.

Frequently Asked Questions - Population

What is the latest population estimate for the Risdon Vale SA2?
Total population for the Risdon Vale SA2 was estimated to be approximately 3,799 as at May 26. This is based upon an estimated resident population of 3,799 from the ABS up to June 2025.
How has the population in the Risdon Vale SA2 changed since 2021?
The risdon vale sa2 has added approximately 298 people and shown a 8.51% increase from the 3,501 people recorded at the 2021 Census period.
What is the population density in the Risdon Vale SA2?
The population density in the Risdon Vale SA2 is estimated at 107 persons per square kilometer based on the latest population estimate.
How much has the population grown over the past 10 years in the Risdon Vale SA2?
Over the past 10 years, the population in the Risdon Vale SA2 has shown a compound annual growth rate of 2.1% per annum.
What are the main drivers of population growth in the Risdon Vale SA2?
Population growth in the Risdon Vale SA2 is driven by: Interstate migration (69.0%), Natural increase (24.0%), Overseas migration (7.0%). The primary driver is Interstate migration, contributing 69.0% of overall population gains.

Residential SupplyHousing Development & Building Approvals in Risdon Vale

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166 new dwellings have been approved in Risdon Vale over the past five years, an average of 33 a year. That places the area in the 66th percentile for residential development activity nationally, about 9 approvals per 1,000 residents a year. Of the 31 dwellings approved in the latest reporting year, 100% were detached houses and the rest townhouses or apartments. Approvals are currently running at an annualised 30, broadly in line with that longer-run average. Figures come from ABS building approvals aggregated to this SA2 boundary and are updated monthly as the ABS releases them.

Detail

An average of 33 new residential approvals are registered in Risdon Vale annually, culminating in 166 housing approvals over the last 5 financial years. In the current FY-26 period, 28 approvals have been logged. The ratio of 1.6 new residents per year arriving for each new dwelling constructed between FY-21 and FY-25 points to a balanced relationship between supply and demand that supports stable market conditions. Newly built properties carry an average estimated construction cost of $331,000, which sits slightly above the average for the region and points to a focus on quality builds.

Additionally, commercial development approvals reached $67.5 million this financial year, showing strong local business investment. Compared against the wider Greater Hobart area, per capita residential development in Risdon Vale is elevated, running 48.0% above the regional average over the 5 year timeframe. This rate helps maintain a balance between choice for purchasers and stability for established housing values. Recent approvals consist entirely of detached houses, preserving the low-density, family-oriented profile of the suburb. Currently, there are about 104 people for every single dwelling approval, highlighting a growing real estate market. Projections indicate that Risdon Vale's population will expand by 361 residents by 2041, based on the latest quarterly calculations from AreaSearch. Considering existing development trends, incoming housing supply is positioned to satisfy this demand, which should support buyers and potentially enable population growth to exceed current forecasts.

Frequently Asked Questions - Development

How many dwelling approvals have occurred in the Risdon Vale SA2 recently?
Dwelling approval activity in the the Risdon Vale SA2 area has seen 74 residential approvals over the past two financial years, based on AreaSearch's SA2 aggregation method. The Risdon Vale SA2's current population of 3,799 has been supported by 33 approvals on average over recent years.
How does the Risdon Vale SA2's development activity compare to the broader region?
The Risdon Vale SA2 has seen 0.91 approvals per 100 people in recent years, compared to 0.52 approvals in the broader region. This means that one dwelling has been approved for every 104 people in the Risdon Vale SA2, compared to one for every 274 in the broader region.
Is the Risdon Vale SA2 keeping up with housing demand?
With the population expected to increase by 361 people by 2041, around 121 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 3.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
What has been the trend in development approvals over the past five years in the Risdon Vale SA2?
Looking at development activity over the past five years, the Risdon Vale SA2's approval levels have been consistent with the yearly average of 33, showing stable development patterns.
How many dwellings will be needed to accommodate future population growth in the Risdon Vale SA2?
The population in the Risdon Vale SA2 is expected to grow by 361 people by 2041, necessitating approximately 121 new dwellings. This calculation is based on the current census average of 3.0 persons per dwelling in the area.
How does recent development compare to population growth in the Risdon Vale SA2?
Over the past five years, the population in the Risdon Vale SA2 has grown by approximately 846 people, while 166 residential approvals were recorded. This equates to a ratio of 5.1 people added for each new dwelling approval. This high ratio suggests strong population growth relative to housing supply, potentially indicating unmet housing demand.
Are there opportunities for residential developers in the Risdon Vale SA2?
With dwelling approval activity running at an average of 33 approvals per year and a population of 3,799, the market appears to be adequately supplied relative to projected housing demand in recent years, suggesting that developers should have a longer-term approach when considering new projects. With the population expected to increase by 361 people by 2041, around 121 new dwellings will be necessary. Recent approval levels appear more than sufficient to meet these forecasts, considering the census average of 3.0 persons per dwelling. This suggests that population growth may exceed trend projections in the coming years, supported by a robust housing supply.
Approvals Pipeline Development applications near Risdon Vale

Development applications around Risdon Vale

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SOURCE: Planning portals and council registers, compiled by AreaSearch. Distance & bearing measured from the suburb midpoint.

Project PipelineInfrastructure & Major Projects in Risdon Vale

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AreaSearch tracks 60 current infrastructure and development projects close to Risdon Vale, worth an estimated $7.19 billion. 19 are already under construction and 16 are due for completion within three years. The pipeline spans residential development, communities, precincts & urban renewal and sports & recreation. Records are compiled from Infrastructure Australia, state agencies, council planning portals and public announcements, reviewed and updated daily, then ranked by proximity, construction stage, completion horizon and project scale.

Detail

Local infrastructure projects, planning choices, and major developments are key drivers of regional outcomes. Currently, AreaSearch has identified 0 major projects expected to directly impact the local area. Key regional projects of potential relevance include the Northern Suburbs Transit Corridor (NSTC), the Glenorchy Ambulance Super Station, the Homes Tasmania Social Housing Program, and the Intercity Cycleway Enhancements, with details provided below.

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Frequently Asked Questions - Infrastructure

What are some of the major infrastructure and planning changes likely to influence the Risdon Vale SA2?
Key infrastructure and planning changes likely to influence the Risdon Vale SA2 include: Northern Suburbs Transit Corridor (NSTC) (Planning); Glenorchy Ambulance Super Station (Completed); Homes Tasmania Social Housing Program (Construction); Intercity Cycleway Enhancements (Completed); and Brighton to Cambridge Freight Route Study (Planning). These projects represent significant developments that will shape the area's future infrastructure landscape.
What types of infrastructure projects are impacting the Risdon Vale SA2?
Infrastructure development impacting the Risdon Vale SA2 spans multiple sectors including Communities, Precincts & Urban Renewal, Transport & Logistics, and Agriculture & Rural Development, among others.
What is the scale of infrastructure investment impacting the Risdon Vale SA2?
Infrastructure investment analysis indicates substantial capital deployment exceeding $4.1 billion in projects that will impact the extended area.
How does the Risdon Vale SA2's infrastructure development compare to other areas?
Infrastructure development activity impacting the Risdon Vale SA2 currently ranks below national averages at the 4thth percentile.
Royal Hobart Showgrounds Redevelopment (Wilkinsons Point Precinct)
Category: Communities, Precincts & Urban Renewal
Stage: Construction | Est. Comp: 2027
Source / Links: Link 1   Link 2  

A comprehensive transformation of the 12.7-hectare Royal Hobart Showgrounds. Stage 1 involves a $50 million investment in a new pavilion, 1,500-seat theatre, auditoriums, an arena, and a plaza for 100 market stalls. The broader masterplan includes a $300 million vision to deliver 450 new homes, featuring 150 social and affordable units. The precinct will serve as a modern community hub and emergency centre while remaining the permanent home of the Royal Hobart Show. Main works construction commenced in early 2026 following the demolition of legacy structures.

Communities, Precincts & Urban Renewal

Wilkinsons Point Precinct
Category: Precincts & Urban Renewal
Stage: Planning | Est. Comp: 2032
Source / Links: Link 1   Link 2  

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.

Precincts & Urban Renewal

Royal Hobart Showground Redevelopment
Category: Precincts & Urban Renewal
Stage: Construction | Est. Comp: 0
Source / Links: Link 1   Link 2  

Major redevelopment of the Royal Hobart Showground in Glenorchy by the Royal Agricultural Society of Tasmania (RAST). The project delivers a new multi-purpose show precinct including a pavilion, 1,500-seat theatre, auditorium, arena, motor home park, plaza and cafe, supported by a $42 million Tasmanian Government grant. A concept plan for medium-density housing of up to 450 dwellings, including social and affordable homes, has been lodged for approval. A new Battery Energy Storage System has been installed and is expected to connect in 2026.Showground infrastructure works are well underway, with the wider housing component still progressing through planning.

Precincts & Urban Renewal

Northern Suburbs Transit Corridor (NSTC)
Category: Communities, Precincts & Urban Renewal
Stage: Planning | Est. Comp: 2033
Source / Links: Link 1   Link 2  

A transformative urban renewal and transport initiative under the Hobart City Deal focused on the 4km corridor between Glenorchy and New Town. The project aims to activate a disused rail corridor for a high-frequency Rapid Bus Transit (RBT) network while stimulating medium-density housing and mixed-use development. As of early 2026, the project is a priority for federal funding following the submission of a comprehensive 368-page Strategic Business Case. It seeks to integrate land-use planning with sustainable transport to improve housing affordability and reduce congestion in Hobart's northern suburbs.

Communities, Precincts & Urban Renewal

Queens Walk Housing Expansion
Category: Residential Development
Stage: Completed | Est. Comp: 2025
Source / Links: Link 1   Link 2  

Expansion of the Queens Walk social and affordable housing precinct delivering 65 new apartments comprising 38 one-bedroom and 27 two-bedroom homes. Designed by Cumulus Studio and built by Fairbrother for Housing Choices Tasmania with Homes Tasmania funding, the project was completed ahead of schedule, increasing the precinct to 149 homes with upgraded communal facilities, landscaping and accessible public spaces.

Residential Development

New Town Rivulet Restoration
Category: Environmental & Disaster Management
Stage: Construction | Est. Comp: 2025
Source / Links: Link 1   Link 2  

Returning the heavily concreted mouth of the New Town Rivulet to a natural, estuarine environment. Part of broader environmental restoration efforts across Hobart's waterways.

Environmental & Disaster Management

Homes Tasmania - 10 Binalong Road Residential Development
Category: Residential Development
Stage: Proposed | Est. Comp: 0
Source / Links: Link 1   

A concept project by Homes Tasmania, proposing the delivery of up to an additional 50 social and affordable rental homes on this site, which is currently owned by Homes Tasmania.

Residential Development

Glenorchy Ambulance Super Station
Category: Health
Stage: Completed | Est. Comp: 2025
Source / Links: Link 1   Link 2  

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.

Health

Jobs & IndustryEmployment Trends in Risdon Vale

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1,208 residents of Risdon Vale are employed, from a labour force of 1,367. Unemployment sits at 11.6%, with participation at 43.4%. Weighted for its industry mix, the area's sectors are forecast to grow about 6.4% nationally over five years. That reflects industry composition only and makes no allowance for local population growth. Unemployment and labour force come from ABS Small Area Labour Markets, updated quarterly; the industry and occupation profile is from the 2021 Census.

Detail

The local labor market features a combination of white-collar and blue-collar roles, with a strong representation of essential services, alongside an unemployment rate of 11.6%. In March 2026, 1,208 local residents were employed. The unemployment rate is 7.2% higher than the Greater Hobart level of 4.4%, highlighting opportunities for labor market integration. Furthermore, the participation rate of 43.4% is significantly lower than the Greater Hobart average of 63.8%. According to Census data, a modest 4.4% of the workforce worked from home, though this figure was likely influenced by public health restrictions in place at the time.

The primary employment sectors for local residents are health care & social assistance, retail trade, and construction. Retail trade is exceptionally prominent, with employment levels 1.5 times higher than the regional average. Conversely, professional & technical services are underrepresented, accounting for 3.1% of local workers compared to 6.6% across the region. A comparison of the Census working population against the resident population indicates that the suburb offers relatively few local jobs. According to SALM and ABS statistics compiled by AreaSearch for the year ending March 2026, the local workforce expanded by 0.2% while total employment fell by 1.7%, leading to a 1.7 percentage point increase in the unemployment rate. This trend diverged from Greater Hobart, where employment fell by 0.1%, the workforce grew by 0.2%, and unemployment increased by 0.3 percentage points. Long-term employment projections published by Jobs and Skills Australia in May-25 offer additional perspective on future employment trends in Risdon Vale. These five and ten-year forecasts have been combined with the local industry structure to model potential employment shifts. Nationally, employment is projected to grow by 6.6% over five years and 13.7% over ten years, though rates of change vary widely by sector. Extrapolating these national trends to Risdon Vale's industry mix suggests a local employment increase of 6.4% over five years and 13.4% over ten years, though this simple weighting calculation does not adjust for local demographic shifts.

Frequently Asked Questions - Employment

What is the employment situation in the Risdon Vale SA2?
As of March 2026, the Risdon Vale SA2 has approximately 1,208 employed residents with an unemployment rate of 11.6%. The elevated unemployment rate suggests challenging labour market conditions. The area faces employment challenges compared to other regions nationally.
How does the Risdon Vale SA2's unemployment rate compare to the broader region?
As of March 2026, the unemployment rate in the Risdon Vale SA2 stands at 11.6%, which is 7.2 percentage points above Greater Hobart's rate of 4.4%. This higher unemployment rate may indicate local labour market challenges. For comparison, the national unemployment rate is 4.2%.
What are the major employment sectors in the Risdon Vale SA2?
The employment landscape in the Risdon Vale SA2 is dominated by several key sectors. The largest employers are health care & social assistance (19.0% of employment), retail trade (14.2%), and construction (11.9%). Other significant employers include education & training and public administration & safety.
How has employment changed recently in the Risdon Vale SA2?
Over the past year to March 2026, the Risdon Vale SA2 has experienced a decline in employment, with total jobs decreasing while the labour force increased. As a result, the unemployment rate has rise. By comparison, Greater Hobart saw employment decreased and its unemployment rate rose.
What is the workforce participation rate in the Risdon Vale SA2?
The workforce participation rate in the Risdon Vale SA2 is 43.4%, which represents the proportion of working-age residents who are either employed or actively seeking work. The relatively low participation rate may indicate limited job opportunities or demographic factors affecting workforce engagement. The local rate trailing the Greater Hobart average of 63.8%, suggesting potential for increased workforce participation.
Which industries are over-represented in the Risdon Vale SA2's employment market?
The risdon vale sa2 shows notable specialization in retail trade, which employs 14.2% of the local workforce compared to 9.6% regionally. This moderate specialization indicates some local strength in the sector. The area also shows above-average employment in 2 other sectors, contributing to a distinctive economic profile.
What are the employment growth prospects for the Risdon Vale SA2?
Based on Jobs and Skills Australia projections applied to the Risdon Vale SA2's industry mix, employment is expected to grow by 6.4% over the next five years and 13.4% over ten years. This compares to national growth expectations of 6.6% over five years. Steady growth is anticipated across multiple sectors, providing diverse employment opportunities.
How does the job market in the Risdon Vale SA2 compare nationally?
The risdon vale sa2's employment market shows weaker performance compared to most areas nationally. This suggests the need for targeted economic development initiatives. Recent job advertisement trends show the broader employment region saw a 12.0% decline, ranking 35.0th out of 37 regions nationally.
What employment opportunities exist for skilled workers in the Risdon Vale SA2?
Skilled workers will find good opportunities in the Risdon Vale SA2, with skilled sectors accounting for 32.5% of employment. Key sectors for skilled workers include health care & social assistance (19.0%), education & training (8.0%), and professional & technical (3.1%). With projected employment growth of 6.4% over five years, demand for skilled workers is expected to remain strong.

EarningsHousehold Income in Risdon Vale

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Median household income in Risdon Vale is $1,104 a week (about $57,000 a year), with median personal income at $589 a week. ATO records put median taxable income at $51,195 a year against an average of $53,016. Household income is from the 2021 Census; taxable income is from ATO Taxation Statistics for the latest financial year available, indexed forward using the ABS Wage Price Index.

Detail

Based on ATO data compiled by AreaSearch for financial year 2023, income levels in the Risdon Vale SA2 sit below the national benchmark. Taxpayers in Risdon Vale recorded a median income of $51,195 and an average income of $53,016, compared to $54,577 and $65,190 respectively for Greater Hobart. Adjusting for a Wage Price Index increase of 10.95% since financial year 2023, these figures are estimated to be approximately $56,801 for the median and $58,821 for the average in March 2026. Census results place household, family, and individual incomes in the suburb within the 7th to 10th percentiles nationally.

Regarding income distribution, 31.1% of the population (representing 1,181 individuals) earn between $800 - 1,499, which contrasts with the wider region where the $1,500 - 2,999 bracket is largest at 32.2%. Affordability metrics show significant housing stress, with residents retaining only 82.1% of their income after housing costs, ranking in the 7th percentile.

Frequently Asked Questions - Income

What is the median taxable income in the Risdon Vale SA2?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Risdon Vale SA2 is approximately $56,801. The official ATO data from FY-23 recorded a median of $51,195.
What is the average taxable income in the Risdon Vale SA2?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Risdon Vale SA2 is approximately $58,821. The official ATO data from FY-23 recorded an average of $53,016.
How does the median taxable income in the Risdon Vale SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated median taxable income in the Risdon Vale SA2 is approximately $56,801 compared to $60,553 in Greater Hobart. The official ATO data from FY-23 shows $51,195 and $54,577 respectively.
How does the average taxable income in the Risdon Vale SA2 compare to the region?
Based on Wage Price Index adjustments to March 2026, the estimated average taxable income in the Risdon Vale SA2 is approximately $58,821 compared to $72,328 in Greater Hobart. The official ATO data from FY-23 shows $53,016 and $65,190 respectively.
What are the main income cohorts in the Risdon Vale SA2 according to the 2021 Census?
As per the 2021 Census, the income bracket containing the largest proportion (~31.1% / 1,181 persons) of the Risdon Vale SA2's population is the $800 - 1,499 cohort.
How do the main income cohorts in the Risdon Vale SA2 compare to the region?
The largest income cohort in the Risdon Vale SA2 is the $800 - 1,499 group, representing about 31.1% of the population. In comparison, Greater Hobart's largest income cohort is the $1,500 - 2,999 group, representing 32.2% of its population, according to the 2021 Census.
What is the median household income in the Risdon Vale SA2 according to the 2021 Census?
The 2021 Census data indicates that the median household income in the Risdon Vale SA2 is $1,104/wk.
What is the median family income in the Risdon Vale SA2 according to the 2021 Census?
According to the 2021 Census, the median family income in the Risdon Vale SA2 is $1,318/wk.
What is the median personal income in the Risdon Vale SA2 according to the 2021 Census?
The 2021 Census shows that the median personal income in the Risdon Vale SA2 is $589/wk.
How does the Risdon Vale SA2's income rank nationally?
As per AreaSearch's latest postcode level ATO data released for FY-23, the Risdon Vale SA2's median income among taxpayers is $51,195, with an average of $53,016. This is lower than average on a national basis, and compares to Greater Hobart's median of $54,577 and average of $65,190. Based on Wage Price Index growth of 10.95% since FY-23, current estimates would be approximately $56,801 (median) and $58,821 (average) as of March 2026.
What is the disposable income in the Risdon Vale SA2?
The estimated disposable income in the Risdon Vale SA2 is $3,930 per year according to AreaSearch analysis.
How does the Risdon Vale SA2's disposable income compare to the region?
The risdon vale sa2's disposable income is $3,930 compared to $5,694 for Greater Hobart, based on AreaSearch analysis.

Housing StockHousing & Dwellings in Risdon Vale

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Risdon Vale had 1,140 occupied dwellings at the 2021 Census, 93% detached houses and 0% apartments. 38% are owned with a mortgage, 32% rented and 30% owned outright. At that Census the median rent was $320 a week and the median mortgage repayment $1,083 a month. Rent absorbs 29.0% of household income here and mortgage repayments 22.6%. Dwelling stock, tenure and housing costs are 2021 Census measures — the only source that counts dwellings at this boundary size.

Detail

At the time of the latest Census, the housing stock in Risdon Vale consisted of 93.1% detached houses and 6.9% other dwelling types, such as townhouses and apartments, compared to 85.3% houses and 14.7% other dwellings in metropolitan Hobart. Home ownership rates in the suburb trailed the metropolitan average at 29.9%, with the remaining properties being purchased with a mortgage (38.3%) or rented (31.7%). The median monthly mortgage payment was $1,083, which is below the Hobart metropolitan average of $1,517. The median weekly rent was $320, compared to $350 across metropolitan Hobart.

Nationally, mortgage repayments in Risdon Vale are lower than the Australian average of $1,863, and rents are below the national figure of $375.

Frequently Asked Questions - Housing

What percentage of homes are owned vs rented in the Risdon Vale SA2?
In the Risdon Vale SA2, 29.9% of homes are owned outright, 38.3% are owned with a mortgage, and 31.7% are rented.
What percentage of dwellings in the Risdon Vale SA2 are houses?
According to the latest data, 93.1% of dwellings in the Risdon Vale SA2 are houses.
What percentage of dwellings in the Risdon Vale SA2 are apartments or units?
In the Risdon Vale SA2, 0.0% of dwellings are apartments or units, with an additional 6.3% being semi-detached dwellings.
What is the level of outright home ownership in the Risdon Vale SA2?
Outright home ownership in the Risdon Vale SA2 stands at 29.9%, compared to 35.0% in Greater Hobart.
What is the median monthly mortgage repayment in the Risdon Vale SA2?
The median monthly mortgage repayment in the Risdon Vale SA2 is $1,083, compared to $1,517 in Greater Hobart.
What is the median weekly rent in the Risdon Vale SA2?
The median weekly rent in the Risdon Vale SA2 is $320, compared to $350 in Greater Hobart.
What is the distribution of rental prices in the Risdon Vale SA2?
In the Risdon Vale SA2, 12.2% of rentals are $0-149/week, 46.4% are $150-349/week, 41.4% are $350-649/week, 0.0% are $650-949/week, and 0.0% are $950+/week.
What is the average monthly housing cost in the Risdon Vale SA2?
The aggregate monthly housing cost in the Risdon Vale SA2 is $854, which represents the average monthly cost across all housing types.
What percentage of income do residents spend on housing in the Risdon Vale SA2?
In the Risdon Vale SA2, households with mortgages typically spend 22.6% of their income on mortgage repayments, while renters spend 29.0% of their income on rent.
How crowded are homes in the Risdon Vale SA2?
The average persons per bedroom ratio in the Risdon Vale SA2 is 0.8, indicating the level of household density.
How does housing affordability in the Risdon Vale SA2 compare to the region?
Housing affordability in the Risdon Vale SA2 shows mortgage holders spending 22.6% of income on repayments (vs 22.7% regionally), while renters spend 29.0% of income on rent (vs 22.7% regionally).
What types of dwellings are most common in the Risdon Vale SA2?
The dwelling mix in the Risdon Vale SA2 consists of 93.1% detached houses, 6.3% semi-detached dwellings, 0.0% apartments, and 0.6% other dwelling types.
What is the weighted average housing cost based on tenure mix in the Risdon Vale SA2?
Accounting for the local ownership mix, the weighted average monthly housing cost is approximately $854. This accounts for outright owners paying no housing costs, mortgage holders paying $1,083/month, and renters paying $1,386/month.
How affordable is housing in the Risdon Vale SA2 relative to local incomes?
Housing in Risdon Vale consumes approximately 17.9% of median household income ($4,780 monthly), indicating costs are highly affordable. The generally accepted benchmark is that housing should not exceed 30% of household income.
How do proposed developments compare to existing housing types in the Risdon Vale SA2?
Recent development applications in Risdon Vale show attached dwellings contributing 0% of approvals compared to 7% of existing stock, while detached houses represent 100% of applications versus 93% of current dwellings. This suggests development patterns consistent with existing housing mix. The area shows minimal growth in housing density compared to other Australian locations.

HouseholdsHousehold Composition in Risdon Vale

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Risdon Vale counted 1,140 households at the 2021 Census, an estimated 1,237 today, averaging 2.4 people each. 23% are couples with children, fewer than in 77% of areas nationally, against 23% couples without children. 29% of households are people living alone, and families average 1.9 children. Household and family composition is measured only by the Census, so these are 2021 figures.

Detail

Families comprise the majority of households at 67.6%, consisting of couples with children (23.0%), couples without children (23.2%), and single parents (19.9%). The remaining 32.4% are non-family households, which are mostly lone persons (29.1%) alongside group houses (2.9%). The median household size of 2.4 residents is identical to the average for Greater Hobart.

Frequently Asked Questions - Households

How many households are in the Risdon Vale SA2?
As of the 2021 Census, the Risdon Vale SA2 had 1,140 households. Based on population growth patterns, this has grown by approximately 8.5% to an estimated 1,237 households today.
What is the typical household size?
The median household size in the Risdon Vale SA2 is 2.4 people. This compares to 2.4 in Greater Hobart and reflects the area's household composition mix.
What types of households are most common?
Family households dominate at 67.6% of all households. The remaining households consist of lone person households (29.1%), group households (2.9%), and other household types (0.2%).
How are families structured in the area?
Among the 770 family households, 23.0% are couples with children, 23.2% are couples without children at home, and 19.9% are single parent families. This mix shapes local demand for schools, family services, and housing types.
How does the Risdon Vale SA2 compare to regional household patterns?
Compared to Greater Hobart, the Risdon Vale SA2 shows distinct household patterns. This higher proportion of single-person households drives demand for smaller dwellings and different community services.
What is the average family size?
Families in the Risdon Vale SA2 have an average of 1.9 children, slightly above the Greater Hobart average of 1.5. This influences local demand for child-related services and larger family homes.
What are the marriage patterns in the Risdon Vale SA2?
Marriage patterns reveal 30.7% of the adult population are currently married, while 49.7% have never married. This compares to 43.0% married and 38.7% never married across Greater Hobart.
How significant are single-person households?
Single-person households represent 29.1% of all households in the Risdon Vale SA2, similar to the regional average of 27.7%. This affects demand for smaller dwellings and single-person accommodation.
Are shared living arrangements common?
Group households (unrelated people sharing) account for 2.9% of households, well below the Greater Hobart average of 4.2%. This low rate suggests limited student or young professional shared accommodation.
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EducationSchools & Education in Risdon Vale

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11.2% of adults in Risdon Vale hold a university qualification, including 8.1% with a bachelor degree and 2.2% with postgraduate qualifications, lower than 94% of areas nationally. A further 28.6% hold a vocational qualification. 1 school serves the area, with 169 enrolment places and an average ICSEA of 869 against a national benchmark of 1,000. Qualifications come from the 2021 Census; school enrolments, ICSEA and results come from ACARA's current release.

Detail

Educational outcomes in the area show room for growth, with university completion rates at 11.2%, compared to the SA4 regional average of 32.8%. This gap represents a key area for targeted educational strategies. Among university graduates, Bachelor degrees are most common at 8.1%, followed by postgraduate degrees at 2.2% and graduate diplomas at 0.9%. Vocational and technical qualifications are highly prevalent, with 33.9% of residents aged 15+ holding a vocational qualification, consisting of advanced diplomas (5.3%) and certificates (28.6%). A high proportion of the population is engaged in study, with 40.9% of residents enrolled in an educational institution.

This group includes 18.2% in primary school, 11.0% in high school, and 3.1% attending university or vocational colleges.

Frequently Asked Questions - Education

What percentage of people in the Risdon Vale SA2 have university qualifications?
11.2% of people aged 15 and over in the Risdon Vale SA2 have university qualifications, compared to 32.8% in the broader region.
What percentage of people in the Risdon Vale SA2 have no formal qualifications?
55.0% of people aged 15 and over in the Risdon Vale SA2 have no formal qualifications, compared to 36.2% regionally.
How does the Risdon Vale SA2's education level compare to national averages?
The risdon vale sa2 ranks in the 6th percentile nationally for education based on AreaSearch's analysis of qualification and performance metrics.
What types of qualifications are most common in the Risdon Vale SA2?
The most common qualifications in the Risdon Vale SA2 are: Certificate (28.6%), Bachelor Degree (8.1%), Advanced Diploma (5.3%).
What proportion of the Risdon Vale SA2's population is currently attending educational institutions?
40.9% of the population in the Risdon Vale SA2 is currently engaged in formal education, with 18.2% in primary school, 11.0% in secondary school, 3.1% at university.
What is the ICSEA score for schools in the Risdon Vale SA2?
The average ICSEA (Index of Community Socio-Educational Advantage) score for schools in the Risdon Vale SA2 is 869, indicating below-average socio-educational advantage compared to the national average of 1000.
How many schools are located within the Risdon Vale SA2?
There are 1 schools within the Risdon Vale SA2, with a combined enrollment of approximately 169 students.
What types of schools are available in the Risdon Vale SA2?
The risdon vale sa2 includes 1 primary school.

Schools Detail

AmenitiesServices & Amenities in Risdon Vale

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Getting AroundTransport & Commuting in Risdon Vale

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Public transport in Risdon Vale reaches 33 stops on 87 routes, timetabled for about 5,700 services a week. The typical home sits about 130 m from its nearest stop. Buses carry the largest share of public transport commuters. Households keep an average of 1.2 vehicles. Stop and service counts are built from operators' published GTFS timetables and refresh with each timetable release; vehicle ownership is from the 2021 Census.

Detail

There are 33 active public transport stops within Risdon Vale, operating a mix of bus services. These stops support 87 distinct routes, which provide 5,657 passenger journeys weekly. Public transport accessibility is high, with the average distance to a stop being 128 meters. Since the suburb is mainly residential, most workers commute out of the area, with private vehicles being the primary mode of travel for 92% of commuters. Average vehicle ownership is 1.2 cars per household, which is below the regional average. Only 4.4% of residents worked from home according to the 2021 Census, a figure that was likely influenced by temporary pandemic dynamics.

Public transport services average 808 daily trips across all routes, which translates to approximately 171 departures per week from each individual stop.

Frequently Asked Questions - Transport

How many public transport stops are in Risdon Vale?
There are 33 public transport stops within the Risdon Vale SA2.
How frequent are the transport services in Risdon Vale?
the Risdon Vale SA2 has 5,657 weekly trips across 87 routes, averaging 808 trips per day.
How far are residents from public transport in Risdon Vale?
On average, residential properties are 128 meters from the nearest transport stop.

Transport Stops Detail

HealthcareHealth Services in Risdon Vale

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58.9% of residents in Risdon Vale report no long-term health condition, a less healthy profile than 95% of areas nationally. 7.8% need daily assistance with core activities, and 46.3% hold private health cover. The standardised death rate runs at 8.1 per 1,000 residents. Health conditions, assistance needs and insurance are 2021 Census measures; the death rate comes from current ABS releases.

Detail

Significant health vulnerabilities exist in Risdon Vale, according to AreaSearch's evaluation of local mortality figures and chronic disease rates, which impact both younger and older residents. The rate of private health insurance is low, with only about 46% of the population (~1,758 people) holding coverage, compared to 51.7% in Greater Hobart and a national average of 55.7%. Mental health conditions and arthritis are the most prevalent health issues, affecting 13.0% and 10.5% of residents respectively. Conversely, 58.9% of the population reported no chronic health conditions, compared to 65.5% in Greater Hobart.

Chronic illness rates are elevated among working-age residents. Seniors aged 65 and over make up 14.7% of the local population (556 people), which is lower than the 20.0% average in Greater Hobart. Health outcomes for this older cohort show some vulnerabilities, with national rankings aligning closely with those of the broader community.

Frequently Asked Questions - Health

How many people in the Risdon Vale SA2 have private health insurance?
Around 46.3% of people in the Risdon Vale SA2 are covered by private health insurance, which compares to 51.7% in the broader region of Greater Hobart.
What percentage of the population requires ongoing medical assistance in the Risdon Vale SA2?
In the Risdon Vale SA2, 7.8% of the population is identified as requiring ongoing medical assistance. This figure is slightly different from the regional average, where 6.2% of people in Greater Hobart require similar assistance.
How prevalent is asthma in the Risdon Vale SA2?
9.9% of people in the Risdon Vale SA2 are diagnosed with asthma. In comparison, 7.7% of the population across Greater Hobart is affected by asthma.
What percentage of people have diabetes in the Risdon Vale SA2?
Diabetes affects 5.2% of the the Risdon Vale SA2 population, while in the surrounding region, 4.0% of people are diagnosed with diabetes.
What is the percentage of people with heart disease in the Risdon Vale SA2?
4.0% of people in the Risdon Vale SA2 have heart disease. Across the region of Greater Hobart, 3.6% of the population is affected by heart disease.
How does the Risdon Vale SA2 compare to the region in terms of overall private health coverage?
In the Risdon Vale SA2, 46.3% of the population are estimated to have private health insurance. Comparatively, Greater Hobart sees an estimated private health coverage rate of 51.7%.

Ancestry & LanguageCultural Diversity in Risdon Vale

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Risdon Vale is largely Australian-born, at 92.0% of residents, with 4.8% speaking a language other than English at home. The largest reported ancestries are English (37.2%) and Australian (34.2%). 7.1% of residents identify as Aboriginal and/or Torres Strait Islander. Ancestry, language and country of birth are counted only by the Census, so these are 2021 figures.

Detail

Cultural diversity in Risdon Vale is below the national average, with 75.8% of the population holding citizenship, 92.0% born in Australia, and 95.2% using only English at home. Christianity is the primary religious affiliation, representing 37.8% of the community. The most notable religious overrepresentation is Islam, which accounts for 0.7% of the population, compared to 1.3% in Greater Hobart. In terms of family ancestry, the three most common backgrounds reported in Risdon Vale are English at 37.2% (higher than the regional average of 31.8%), Australian at 34.2% (higher than the regional average of 28.0%), and Australian Aboriginal at 7.1%.

Frequently Asked Questions - Diversity

What is the level of cultural diversity in the Risdon Vale SA2?
Risdon Vale was found to be below average in terms of cultural diversity, with 75.8% of its population being citizens, 92.0% born in Australia, and 95.2% speaking English only at home.
What is the most common religion in the Risdon Vale SA2?
The main religion in Risdon Vale was found to be Christianity, which makes up 37.8% of people in Risdon Vale. However, the most apparent overrepresentation was in Islam, which comprises 0.7% of the population, compared to 1.3% across Greater Hobart.
What are the top countries of origin in the Risdon Vale SA2?
In terms of ancestry (country of birth of parents), the top three represented groups in Risdon Vale are English, comprising 37.2% of the population, which is substantially higher than the regional average of 31.8%, Australian, comprising 34.2% of the population, which is substantially higher than the regional average of 28.0%, and Australian Aboriginal, comprising 7.1% of the population.
How does the percentage of people born overseas compare to the regional average?
8.0% of the the Risdon Vale SA2 population was born overseas, compared to 19.8% regionally.
What percentage of the the Risdon Vale SA2 population speaks a language other than English at home?
4.8% of the population in the Risdon Vale SA2 speaks a language other than English at home, compared to 13.4% in the wider region.
How many people in the Risdon Vale SA2 identify as Australian Aboriginal?
7.1% of the the Risdon Vale SA2 population identifies as Australian Aboriginal, compared to 3.0% in the region.
What is the citizenship status of the population in the Risdon Vale SA2?
75.8% of the the Risdon Vale SA2 population holds citizenship, compared to 85.0% in the wider region.

Age StructureAge Profile of Risdon Vale

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The median resident of Risdon Vale is 34, younger than 79% of areas nationally. That is 1 year younger than at the 2021 Census. 31.3% of residents are aged 15 to 34. Age cohorts are not raw Census counts: the Census split is re-based to the latest ABS population estimates and state projections.

Detail

Risdon Vale has a median age of 34 years, which is lower than the Greater Hobart average of 39 and the national median of 38. The suburb has a higher concentration of residents aged 25 - 34 (20.3%) compared to Greater Hobart, but fewer people aged 65 - 74 (6.5%). The proportion of 25 - 34 year-olds is higher than the national average of 14.6%. Since the 2021 Census, the 35 to 44 age cohort has increased from 15.7% to 17.3% of the population, and the 25 to 34 group has risen from 18.9% to 20.3%.

Meanwhile, the 55 to 64 group declined from 10.1% to 9.0%. Demographic models project that the age profile will change by 2041, with the 45 to 54 group growing by 65%, adding 264 residents to reach 669, while the 65 to 74 and 35 to 44 brackets are projected to shrink.

Frequently Asked Questions - Age

What is the median age in the Risdon Vale SA2?
According to the latest data, the median age in the Risdon Vale SA2 is 34 years.
How does the Risdon Vale SA2's median age compare to broader areas?
At 34 years, Risdon Vale is 5 years younger than the Greater Hobart average (39 years) and 4 years younger than the national average (38 years).
What age groups are over-represented in the Risdon Vale SA2?
The most over-represented age group in the Risdon Vale SA2 compared to the Greater Hobart region is the 25 - 34 group, making up 20.3% of the population.
What age groups are under-represented in the Risdon Vale SA2?
The most under-represented age group in the Risdon Vale SA2 compared to the Greater Hobart region is the 65 - 74 group, making up 6.5% of the population.
Are there age groups with notable population variances?
Yes, certain age groups in the Risdon Vale SA2 show significant variance compared to the Greater Hobart region. The most under-represented age group is 65-74 year-olds (6.5% vs 10.6%).
What is the percentage of children (0-14 years) in the Risdon Vale SA2?
The percentage of children aged 0-14 years in the Risdon Vale SA2 is 17.1%.
What is the percentage of older people (65+ years) in the Risdon Vale SA2?
The percentage of people aged 65 and over in the Risdon Vale SA2 is 14.7%.

Data & MethodBoundaries, Sources & Method for Risdon Vale

Data currency Refreshed

9 of 14 data sections on this page were updated within the last 12 months — the newest current to Aug 2026.

Everything is aggregated to the SA2 boundary shown above, on a 2021 Census baseline. Only 3 sections — housing, households and cultural diversity — still wait on the 2026 Census.

The ledger — source, cycle and currency by section

Section Source & update cycle Currency
Updated within the last 12 months 9 sections
Population ABS, GNAF, Geoscience Australia Annual (ABS ERP) May 2026 3 months ago headline measures · 2021 Census baseline
Re-based to the ABS Estimated Resident Population (June 2025 release) and updated with new dwellings from GNAF address data. Current to May 2026, with the 2021 Census supplying the small-area baseline.
Age profile ABS, Geoscience Australia, State governments Annual May 2026 3 months ago headline measures · 2021 Census baseline
Age cohorts are re-based to the latest ABS population estimates and state projections, current to May 2026. Each cohort is held as a Census baseline and a current estimate.
Development & approvals ABS, GNAF Monthly (ABS approvals) Jun 2026 2 months ago headline measures · May 2026 baseline
Property sales & rents Valuer General, Rental Board, ABS Weekly sales, quarterly rents Aug 2026 this month all 21 measures
Sales from the state Valuer General register, refreshed weekly, and rents from quarterly rental bond lodgements. Both are read live each time this page loads, current to Aug 2026.
Infrastructure projects Infrastructure Australia, Local governments Daily May 2026 3 months ago all 2 projects tracked here
Project pipeline maintained continuously from Infrastructure Australia, state agencies, local government and public announcements. Records are added and revised daily; this area was last updated May 2026.
Employment ABS, DEWR, JSA Quarterly (ABS SALM) Mar 2026 5 months ago headline measures · 2021 Census baseline
Unemployment and labour force from ABS Small Area Labour Markets, current to Mar 2026. The growth outlook applies Department of Employment (now Jobs and Skills Australia) forecasts for all 19 industry divisions to the local industry mix, so it measures sector composition rather than local expansion and makes no allowance for population growth. Job demand comes from the same agency via its Internet Vacancy Index; industry and occupation structure from the 2021 Census.
Education ABS, ACARA Annual (ACARA) Aug 2026 this month headline measures · 2021 Census baseline
Transport ABS, State Transport Departments Each timetable release Jul 2026 last month headline measures · 2021 Census baseline
Services & amenities Provider directories, ACECQA Continuous Jul 2026 last month all 14 measures
Annual and financial-year sources 2 sections
Income ABS, ATO Annual (ATO) FY 2023 3 years ago headline measures · 2021 Census baseline
ATO taxable income statistics for FY 2023, indexed forward using the Wage Price Index. Census household income provides the distribution detail.
Health ABS, ATO Annual 2024 2 years ago headline measures · 2021 Census baseline
Census-measured — next update: 2026 Census 3 sections No more current small-area source exists for these, so they are labelled as Census-measured rather than implied to be current.
Housing ABS 5-yearly (Census) 2021 Census next update 2026 all 30 measures
Households ABS 5-yearly (Census) 2021 Census next update 2026 all 18 measures
Cultural diversity ABS, Geoscience Australia 5-yearly (Census) 2021 Census next update 2026 all 44 measures

"Currency" is the most recent release feeding that section. Where the Census supplies the structural baseline underneath a current headline figure, the row says so.

How the numbers are built

Population

The Census provides the small-area baseline, aggregated from mesh blocks to this boundary. It is then re-based to the ABS Estimated Resident Population (June 2025 release), and new dwellings built since Census night are counted from address data — 255 validated new addresses here. The headline figure is therefore a current estimate for May 2026, not a 2021 count (3,501 at the 2021 Census → 3,799 now). Annual growth rates are compound (CAGR), not simple averages.

Age profile

Cohort shares are not raw Census counts. Every cohort is held as a pair — the Census baseline and a current estimate — and the split is re-based using ERP and state population projections, current to May 2026. Median age is the Census median plus modelled change since. Charts that show both are labelled "2021 Census vs Current Estimate".

Property sales

Sourced from the state valuation authority's sales register — current, not Census, and refreshed weekly. Medians are calculated from settled transactions in the period shown; periods with very low transaction counts are flagged or suppressed, because a handful of sales can move a median substantially.

Rents

Derived from state rental bond lodgement data, by dwelling type and bedroom count. Bonds are lodged at the start of a new tenancy, so this reflects new lettings, not the whole rented stock.

Development & infrastructure

Building approvals come from current ABS releases; development applications are collected from council and state planning portals; the infrastructure pipeline is compiled from Infrastructure Australia and local government sources. Applications are matched to this boundary by address or coordinates, so very recent lodgements may not yet appear.

Employment & income

Industry and occupation structure comes from the Census, but the headline labour-market indicators do not. Unemployment and labour force are derived from ABS Small Area Labour Markets (quarterly). The employment outlook applies Department of Employment forecasts for all 19 industry divisions to this area's own industry mix (the agency is now Jobs and Skills Australia), as does the Internet Vacancy Index used for job demand. Because it is weighted on industry composition alone, that outlook carries no allowance for local population growth — in fast-growing areas the real rise in local jobs will typically be higher. Income combines Census household income with ATO taxable-income statistics for FY 2023, indexed forward using the Wage Price Index.

Education, transport & amenities

School enrolments, ICSEA and performance come from ACARA's current release, not the Census. Public transport stops and service frequency are derived from GTFS timetable feeds published by state transport departments. Services and amenities are proximity and count scores built from provider directories, refreshed on their own cycle. The Census contributes only the travel-to-work and qualification measures.

Rankings and benchmarks. Where we rank this area, the comparison set is every area of the same boundary type — suburbs against suburbs, SA2s against SA2s. Benchmarks compare this area against its greater capital city region and the national figure for the same measure and period.

Limits worth knowing. Small areas carry larger error margins, and the ABS introduces small random adjustments to Census counts to protect confidentiality — so totals may not sum exactly. Estimates re-based from regional data describe the area's expected trajectory, not a direct count of it. Figures are indicative for research and are not financial, planning or valuation advice.

Cross-check us. The Census baseline for this boundary is at ABS 2021 Census QuickStats (601021010). QuickStats reports 2021 only — the figures on this page are more current wherever the ledger shows a later date.

Common questions about this page

Why can the Risdon Vale SA2 boundary differ from the suburb boundary?
This page uses ABS Statistical Area Level 2 (SA2) boundaries for statistical reporting (e.g., census and ERP). SA2 areas can differ materially from Suburbs and Localities (SAL) boundaries, even when they share similar names, because they are defined for different purposes and often use different geographic boundaries.
Where does the data on this Risdon Vale page come from?
AreaSearch compiles this page from official and industry sources — including ABS, Geoscience Australia, Valuer General, Provider directories, DEWR, JSA, State Transport Departments and ACARA — then aggregates them to the boundary shown and calculates the rankings, growth rates and benchmarks itself. Property sales come from the state valuation authority, rents from state rental bond lodgements, development applications from council and state planning portals, school data from ACARA, and public transport from state transport departments.
Is the Risdon Vale data on this page just from the 2021 Census?
No. Most of this page is maintained well beyond the Census. Sourced entirely from current releases: development & approvals (Jun 2026), property sales & rents (Aug 2026), infrastructure projects (May 2026) and services & amenities (Jul 2026). Built on a Census baseline but carrying newer measures on top: population (to May 2026), age profile (to May 2026), employment (to Mar 2026), income (to FY 2023), education (to Aug 2026), transport (to Jul 2026) and health (to 2024). Population and age cohorts in particular are re-based to the latest ABS Estimated Resident Population rather than left at 2021 counts. Only housing, households and cultural diversity remain wholly Census-based, because no more current small-area dataset exists for those measures.

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