Located in Tasmania within the Glenorchy local government area, Lutana is a smaller residential area (postcode 7009). The area has roughly 2,616 residents and a mix of families and early-career residents, with a median age of 35. Households earn a median income of $73K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.5% 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 professionals, community & personal service, clerical & administrative. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are English, Australian, Irish.
The current median weekly rent is $637. The median monthly mortgage repayment is $1,300.
Public transport access includes 28 bus stops.
On the investment side, Population growth of -0.5% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.