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Sales Activity
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Population
An assessment of population growth drivers in Taroona - Bonnet Hill reveals an overall ranking slightly below national averages considering recent, and medium term trends
Based on AreaSearch's analysis, Taroona - Bonnet Hill's population is around 3,605 as of Nov 2025. This reflects a decrease of 32 people (0.9%) since the 2021 Census, which reported a population of 3,637 people. The change is inferred from the estimated resident population of 3,600 from the ABS as of June 2024 and an additional 11 validated new addresses since the Census date. This level of population equates to a density ratio of 449 persons per square kilometer. Population growth for the area 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, released in 2022 with 2021 as the base year, adjusted using a method of weighted aggregation from LGA to SA2 levels. Based on latest population numbers, an above median growth is projected for statistical areas across the nation, with Taroona - Bonnet Hill expected to grow by 520 persons to 2041, indicating a total increase of 14.3% over the 17 years.
Frequently Asked Questions - Population
Development
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 9 residential properties granted approval annually over the past five years, totalling 46 homes. No approvals have been recorded so far in FY2025-26. The area's population decline in recent years has resulted in adequate development activity relative to its size, benefiting buyers and indicating a focus on premium market segments with average construction costs of $366,000. Commercial approvals this financial year amount to $4.8 million, reflecting the residential character of the area.
Compared to Greater Hobart, Taroona-Bonnet Hill shows around 59% of the construction activity per person and ranks in the 31st percentile nationally, suggesting limited buyer options but strong demand for established dwellings. This lower development activity may indicate market maturity or potential constraints. New developments consist of 83.0% standalone homes and 17.0% townhouses or apartments, 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, reflecting its quiet development environment.
Future projections indicate Taroona-Bonnet Hill adding 515 residents by 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.
Frequently Asked Questions - Development
Infrastructure
Taroona - Bonnet Hill has limited levels of nearby infrastructure activity, ranking in the 10thth percentile nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified two projects likely affecting this region: Richardsons Road Residential Development in Sandford and Taroona Bike Lane Upgrades. Other notable projects include Southern Outlet Transit Lane and Kingston Bypass Duplication with Algona Road Roundabout Upgrade, though they may have lesser relevance.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Greater Hobart Urban Growth Boundary Extension
Tasmanian Government initiative to extend the Greater Hobart urban growth boundary by 615 hectares across Brighton, Clarence, Glenorchy, Hobart, Kingborough and Sorell local government areas. Enables release of land for approximately 10,000 new homes over the next 15-20 years to address acute housing supply shortage. Approved by Parliament in November 2024 via the Land Use Planning and Approvals Amendment (Major Projects) Act 2024.
Droughty Peninsula Structure Plan
A long-term planning framework by Clarence City Council for 388 hectares to guide growth and development over 20-25 years on the Droughty Peninsula, based on the approved Skylands Masterplan. It focuses on housing variety, transport, environmental protection, and provision of community services and recreation, and will inform future statutory planning decisions. Phase 2 community engagement on the plan closed in August 2025.
Hobart City Deal
A 10-year partnership (2019-2029) between the Australian and Tasmanian Governments and the Clarence, Glenorchy, Hobart and Kingborough councils to deliver coordinated investments across Greater Hobart, including major transport upgrades such as the New Bridgewater Bridge, activation of the Northern Suburbs Transit Corridor, airport border services, Antarctic and science precinct initiatives, housing and urban renewal, and smart city programs.
Homes Tasmania Social Housing Program
Statewide social housing program delivering over 1,000 social housing dwellings under the Community Housing Growth Program. Includes 23 new units approved at Glenorchy site and 15 new units at another Glenorchy location, with modular construction methods to accelerate delivery.
Bulk Water Supply Security
Nationwide program led by the National Water Grid Authority to improve bulk water security and reliability for non-potable and productive uses. Activities include strategic planning, science and business cases, and funding of state and territory projects such as storages, pipelines, dam upgrades, recycled water and efficiency upgrades to build drought resilience and support regional communities, industry and the environment.
Richardsons Road Residential Development, Sandford
A proposed masterplan to rezone 73 hectares of land to create new housing options in Sandford, integrating community recreation opportunities and environmental protections. Approximately 35 hectares will be dedicated as public open space, including mountain bike tracks, picnic areas, and protection of the Lauderdale Saltmarsh. The development is designed to accommodate future sea level rises and has considered existing infrastructure capacity for water, sewerage, and road networks.
Kingston Bypass Duplication and Algona Road Roundabout Upgrade
The project involves upgrading the Kingston Bypass and Algona Road Roundabout to address congestion and safety issues. Key elements include a new highway overpass with on/off ramps replacing the roundabout, duplication of the bypass to two lanes each direction, a shared use path with a proposed overpass, and safety improvements at the Maddocks Road intersection.
Kings Quarter (Kingston Park Masterplan)
Part of the larger $300M, multi-stage Kings Quarter master-planned community (formerly Kingston Park Development) on the former Kingston High School site. The overall project includes a mix of residential, retail, commercial uses, community facilities, and extensive public open space. Stages 1 and 2 (Birch Row - 80+62 homes/townhouses and Clubhouse) are complete. This update focuses on a subsequent stage: an approved six-storey complex providing approximately 50 park-front apartments. The total masterplan is expected to deliver around 360 residences.
Employment
The labour market in Taroona - Bonnet Hill shows considerable strength compared to most other Australian regions
Taroona - Bonnet Hill has a highly educated workforce with professional services well represented. The unemployment rate as of June 2025 is 2.0%.
In this period, 1835 residents are employed while the unemployment rate is 2.2% below Greater Hobart's rate of 4.1%. Workforce participation is similar to Greater Hobart's 61.6%. Leading employment industries include 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.
Construction has limited presence at 4.9% compared to 8.7% regionally. Most residents work outside the area as indicated by Census data. Between June 2024 and June 2025, the labour force decreased by 1.6% while employment declined by 1.8%, raising unemployment by 0.2 percentage points. In Greater Hobart, employment fell by 1.5%, labour force contracted by 1.6%, and unemployment fell by 0.2 percentage points. Jobs and Skills Australia's forecasts from May 2025 suggest national employment growth of 6.6% over five years and 13.7% over ten years, with varying rates across industries. Applying these projections to Taroona - Bonnet Hill's employment mix suggests local growth of approximately 7.1% over five years and 14.4% over ten years.
Frequently Asked Questions - Employment
Income
Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch
Taroona-Bonnet Hill has a median income among taxpayers of $55,827 and an average income of $76,385 according to latest ATO data aggregated by AreaSearch for the financial year 2022. These figures compare to Greater Hobart's median income of $51,272 and average income of $63,777 respectively. Based on a Wage Price Index growth rate of 13.83% from financial year 2022 to September 2025, estimated current incomes would be approximately $63,548 (median) and $86,949 (average). Census data indicates that household, family, and personal incomes in Taroona-Bonnet Hill cluster around the 61st percentile nationally. Income distribution shows that 32.0% of the population falls within the $1,500 - $2,999 income range, with 1,153 individuals in this category. This is consistent with broader trends across the broader area, where 32.2% fall into the same income bracket. After accounting for housing costs, residents retain 89.5% of their income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 8th decile.
Frequently Asked Questions - Income
Housing
Taroona - Bonnet Hill is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership
The dwelling structure in Taroona-Bonnet Hill, as per the latest Census, consisted of 97.2% houses and 2.8% other dwellings (semi-detached, apartments, 'other' dwellings), compared to Hobart metro's 92.5% houses and 7.5% other dwellings. Home ownership in Taroona-Bonnet Hill stood at 51.6%, with the rest either mortgaged (34.1%) or rented (14.2%). The median monthly mortgage repayment was $1,785, higher than Hobart metro's average of $1,647. The median weekly rent figure was $425, compared to Hobart metro's $385. Nationally, Taroona-Bonnet Hill's mortgage repayments were lower than the Australian average of $1,863, while rents were higher at $425 compared to the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Taroona - Bonnet Hill has a typical household mix, with a lower-than-average median household size
Family households constitute 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 make up the remaining 26.8%, comprising 24.7% lone person households and 2.3% group households. The median household size is 2.5 people, which is smaller than the Greater Hobart average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
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% of residents aged 15 years or older holding university qualifications. This figure surpasses both the Tasmanian average of 25.5% and the Australian average of 30.4%. The most common qualification is a Bachelor degree, held by 32%, followed by postgraduate qualifications at 16.3% and graduate diplomas at 6.7%. Vocational pathways account for 19.5% of qualifications among those aged 15 years or older - advanced diplomas are held by 9.1% and certificates by 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. The area's educational provision includes Taroona Primary School and Taroona High School, collectively serving 1,455 students. The area demonstrates significant socio-educational advantages with an ICSEA score of 1130. Educational provision follows conventional lines, split between one primary and one secondary institution. As an education hub, the area functions with 40.4 school places per 100 residents, significantly above the regional average of 16.5, attracting students from surrounding communities.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Transport analysis indicates 31 active transport stops operating within Taroona - Bonnet Hill as of the report date. These stops serve a mix of bus routes totaling 50 individual lines. Collectively, these routes facilitate 4,441 weekly passenger trips.
Transport accessibility is rated good, with residents typically located 204 meters from their nearest transport stop. Service frequency averages 634 trips per day across all routes, resulting in approximately 143 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Taroona - Bonnet Hill's residents are relatively healthy in comparison to broader Australia with a fairly standard level of common health conditions seen across both young and old age cohorts
Taroona-Bonnet Hill's health metrics closely align with national benchmarks. Common health conditions are similarly distributed across both young and old age cohorts.
Private health cover is exceptionally high at approximately 58% of the total population (2,083 people), compared to 53.9% in Greater Hobart. The most prevalent medical conditions are arthritis (10.5%) and mental health issues (9.6%). Sixty-six point one percent of residents report no medical ailments, slightly lower than Greater Hobart's 66.9%. The area has a higher proportion of seniors aged 65 and over at 23% (829 people), compared to Greater Hobart's 20.8%. Health outcomes among seniors are notably strong, outperforming the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Taroona - Bonnet Hill was found to be above average when compared nationally for a number of language and cultural background related metrics
Taroona-Bonnet Hill has a higher than average cultural diversity, with 10.7% of its population speaking a language other than English at home and 24.5% born overseas. Christianity is the predominant religion in Taroona-Bonnet Hill, accounting for 30.0% of the population. Notably, Buddhism is overrepresented at 1.5%, compared to the regional average of 1.2%.
The top three ancestry groups are English (32.7%), Australian (23.4%), and Scottish (10.2%). There are also significant differences in the representation of Welsh (1.1% vs regional 0.6%), Dutch (1.9% vs regional 3.2%), and Irish (10.0% vs regional 8.4%) ethnic groups.
Frequently Asked Questions - Diversity
Age
Taroona - Bonnet Hill hosts an older demographic, ranking in the top quartile nationwide
Taroona - Bonnet Hill has a median age of 47, which is higher than Greater Hobart's figure of 39 and the national average of 38. Notably, the age group of 45-54 year-olds comprises 14.9% of the population, while the 25-34 group makes up only 7.5%. According to the 2021 Census, the 75 to 84 age group has increased from 6.4% to 8.3%, and the 15 to 24 cohort has risen from 12.6% to 13.7%. Conversely, the 65 to 74 cohort has decreased from 13.6% to 11.9%. By 2041, demographic projections indicate significant shifts in Taroona - Bonnet Hill's age structure. The 45 to 54 group is expected to grow by 49%, reaching 797 people from the current 536. Conversely, population declines are projected for the 65 to 74 and 35 to 44 cohorts.