Burns Creek is a quiet locality in Tasmania within the Launceston local government area (postcode 7212). The area has roughly 24 residents and a mature demographic, with a median age of 48. Households earn a median income of $85K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.3% year-on-year at the LGA level. TAS employment has moved -0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. TAS also had 19 Commonwealth-backed major projects under construction, 0 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are machinery operators & drivers, labourers. The top ancestries reported are English, Australian, Scottish.
The median monthly mortgage repayment is $1,175.
Looking at the investment signals, Population growth of -0.3% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.