Taroona - Bonnet Hill

An assessment of population growth drivers in Taroona - Bonnet Hill reveals an overall ranking slightly below national averages considering recent, and medium term trends

Taroona - Bonnet Hill's population is around 3,677 as of Feb 2026. This reflects an increase of 40 people since the 2021 Census, which reported a population of 3,637 people. The change is inferred from the estimated resident population of 3,600 in June 2024 and an additional 11 validated new addresses since the Census date. This level of population equates to a density ratio of 458 persons per square kilometer. Population growth was primarily driven by overseas migration during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered, Tasmania State Government's Regional/LGA projections are adopted with adjustments made employing a method of weighted aggregation of population growth from LGA to SA2 levels. Based on demographic trends and latest annual ERP population numbers, an above median population growth is projected for the area, with an expected increase of 520 persons by 2041, reflecting a gain of 12.1% in total over the 17 years.

The level of residential development activity in Taroona - Bonnet Hill is very low in comparison to the average area assessed nationally by AreaSearch

Taroona - Bonnet Hill has seen approximately nine new homes approved annually. Between financial years 2021 (FY-21) and 2025 (FY-25), 46 homes were approved, with two more approved in FY-26 to date. Population decline in recent years suggests that new supply has kept pace with demand, offering buyers good choice.

New properties are constructed at an average value of $366,000, indicating a focus on the premium market with high-end developments. This year, $4.8 million in commercial approvals have been registered, reflecting the area's residential character. Compared to Greater Hobart, Taroona - Bonnet Hill has roughly two-thirds the rate of new dwelling approvals per person and ranks among the 31st percentile nationally, resulting in relatively constrained buyer choice that supports interest in existing dwellings. This activity is lower than the national average, reflecting market maturity and possible development constraints.

New building activity shows 83% detached houses and 17% medium to high-density housing, maintaining the area's traditional low density character with a focus on family homes appealing to those seeking space. The estimated population per dwelling approval is 525 people, indicating a quiet, low activity development environment. Population forecasts indicate Taroona - Bonnet Hill will gain 443 residents by 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Taroona - Bonnet Hill has limited levels of nearby infrastructure activity, ranking in the 18thth percentile nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified two projects likely affecting this region. Major initiatives include Richardson's Road Residential Development in Sandford, Taroona Bike Lane Upgrades in Kingston, Algona Road Roundabout Upgrade, and Southern Outlet Transit Lane. The following details those most pertinent:.

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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.

AreaSearch analysis places Taroona - Bonnet Hill well above average for employment performance across multiple indicators

Taroona-Bonnet Hill has a highly educated workforce with professional services well-represented. Its unemployment rate is 1.9%, as of September 2025. In this period, 1,841 residents are employed while the area's unemployment rate is 2.1% lower than Greater Hobart's rate of 4.0%.

Workforce participation stands at 61.7%, slightly below Greater Hobart's 63.8%. According to Census responses, 15.9% of residents work from home. Employment is concentrated in education & training, health care & social assistance, and professional & technical services. The area specializes in education & training with an employment share 1.8 times the regional level, while construction shows lower representation at 4.9% compared to the regional average of 8.7%.

Over the year ending September 2025, labour force levels decreased by 0.8%, alongside a 0.9% employment decline, keeping unemployment relatively stable at 1.9%. In contrast, Greater Hobart saw an employment decline of 0.7% and labour force decline of 0.9%, with a slight increase in unemployment to 4.2%. National employment forecasts from Jobs and Skills Australia, published May-25, suggest national employment will expand by 6.6% over five years and 13.7% over ten years. Applying these projections to Taroona-Bonnet Hill's employment mix indicates local employment should increase by 7.1% over five years and 14.4% over ten years.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2023 indicates that income in Taroona - Bonnet Hill SA2 is extremely high nationally. The median assessed income is $58,175 and the average income stands at $79,718. This contrasts with Greater Hobart's figures of a median income of $54,577 and an average income of $65,190. Based on Wage Price Index growth of 9.6% since financial year 2023, current estimates would be approximately $63,760 (median) and $87,371 (average) as of September 2025. Census 2021 income data shows that household, family and personal incomes in Taroona - Bonnet Hill cluster around the 61st percentile nationally. Income brackets indicate that the $1,500 - 2,999 earnings band captures 32.0% of the community (1,176 individuals), aligning with the metropolitan region where this cohort likewise represents 32.2%. After housing costs, residents retain 89.5% of income, reflecting strong purchasing power and the area's SEIFA income ranking places it in the 8th decile.

Taroona - Bonnet Hill is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

In Taroona - Bonnet Hill, as per the latest Census data, 97.2% of dwellings were houses with the remaining 2.8% being semi-detached homes, apartments, and other types of dwellings. This is in contrast to Hobart metro's dwelling structure which comprised 85.3% houses and 14.7% other dwellings. The home ownership rate in Taroona - Bonnet Hill was 51.6%, with mortgaged dwellings at 34.1% and rented ones at 14.2%. The median monthly mortgage repayment in the area, as of the latest available data, stood at $1,785 compared to Hobart metro's average of $1,517. The median weekly rent in Taroona - Bonnet Hill was recorded at $425, higher than Hobart metro's figure of $350. Nationally, mortgage repayments in the area were lower than the Australian average of $1,863, while rents were substantially higher at $375.

Taroona - Bonnet Hill has a typical household mix, with a higher-than-average median household size

Family households account for 73.2% of all households, including 32.8% couples with children, 29.8% couples without children, and 9.6% single parent families. Non-family households constitute the remaining 26.8%, with lone person households at 24.7% and group households comprising 2.3%. The median household size is 2.5 people, which is larger than the Greater Hobart average of 2.4.

Taroona - Bonnet Hill shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Taroona-Bonnet Hill is notably high, with 55.0% of residents aged 15 years and above holding university qualifications. This figure exceeds the state (TAS) average of 25.5% and the national average of 30.4%. The area's educational advantage is reflected in its distribution of qualifications: bachelor degrees are most common at 32.0%, followed by postgraduate qualifications (16.3%) and graduate diplomas (6.7%). Vocational pathways account for 19.5% of qualifications among those aged 15 years and above, with advanced diplomas making up 9.1% and certificates 10.4%.

Educational participation is high, with 31.2% of residents currently enrolled in formal education. This includes 10.5% in secondary education, 9.2% in primary education, and 6.9% pursuing tertiary education.

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

The analysis of public transport in the Taroona - Bonnet Hill area shows that there are currently 31 active transport stops operating. These stops serve a mix of bus routes, with a total of 56 individual routes providing weekly passenger trips amounting to 4,456. The accessibility of transport in this area is rated as good, with residents typically located approximately 204 meters from the nearest stop. As it is primarily residential, most commuters travel outward. The dominant mode of transport remains the car at 79%, followed by bus at 10% and cycling at 6%. On average, there are 1.5 vehicles per dwelling in the area.

According to the 2021 Census, some 15.9% of residents work from home, which may be influenced by COVID-19 conditions. The service frequency averages 636 trips per day across all routes, equating to approximately 143 weekly trips per individual stop.

Taroona - Bonnet Hill's residents are extremely healthy with very low prevalence of common health conditions across all age groups

Analysis of health metrics shows strong performance throughout Taroona - Bonnet Hill. Very low prevalence of common health conditions was found across all age groups.

The rate of private health cover is very high at approximately 58% of the total population (~2,147 people), compared to 51.7% across Greater Hobart. The most common medical conditions in the area are arthritis and mental health issues, impacting 10.5 and 9.6% of residents respectively. 66.1% of residents declared themselves completely clear of medical ailments, compared to 65.5% across Greater Hobart. Health outcomes among the working-age population are broadly typical. The area has 22.6% of residents aged 65 and over (831 people), which is higher than the 19.9% in Greater Hobart. Health outcomes among seniors are particularly strong, with national rankings broadly in line with the general population.

In terms of cultural diversity, Taroona - Bonnet Hill records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Taroona-Bonnet Hill, in its cultural diversity, exceeds the average with 10.7% of residents speaking a language other than English at home and 24.5% born overseas. Christianity is the dominant religion here, making up 30.0%. Notably, Buddhism, at 1.5%, is slightly higher compared to Greater Hobart's 1.4%.

The top three ancestry groups are English (32.7%), Australian (23.4%), and Scottish (10.2%). Some ethnic groups show notable deviations: Welsh (1.1% vs regional 0.5%), Dutch (1.9% vs 1.5%), and Irish (10.0% vs 8.0%) are overrepresented in Taroona-Bonnet Hill.

Taroona - Bonnet Hill hosts an older demographic, ranking in the top quartile nationwide

Taroona-Bonnet Hill's median age is 46 years, which is significantly higher than Greater Hobart's average of 39 years and Australia's median age of 38 years. The age profile shows that the 55-64 year-old group is particularly prominent, making up 14.6% of the population, while the 25-34 year-old group is smaller at 7.5%. Between 2021 and present, the 75-84 age group has grown from 6.4% to 8.4%, and the 15-24 age group has increased from 12.6% to 14.0%. Conversely, the 65-74 age group has declined from 13.6% to 11.5%, and the 45-54 age group has dropped from 15.8% to 14.5%. Population forecasts for 2041 indicate substantial demographic changes in Taroona-Bonnet Hill, with the 45-54 age cohort projected to grow by 50%, adding 264 residents to reach 797. Conversely, population declines are projected for the 65-74 and 35-44 age cohorts.