Located in Tasmania within the Brighton local government area, Herdsmans Cove is a close-knit residential community (postcode 7030). With a population of 1,199, the suburb has a younger, working-age population with a median age of 29. Households earn a median income of $53K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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 community & personal service, labourers, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Aboriginal Australian.
The current median weekly rent is $450. The median monthly mortgage repayment is $869.
Herdsmans Cove is served by 1 school, including 1 primary. The average ICSEA score is 772, which is well below the national average of 1,000. Public transport access includes 15 bus stops.
On the investment side, Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.