Located in Tasmania within the Sorell local government area, Marion Bay is a small, quiet locality (postcode 7175). The area has roughly 56 residents and an older-leaning population, with a median age of 53. Households earn a median income of $69K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.4% 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, clerical & administrative, managers. Employment in the area leans toward agriculture and education. The top ancestries reported are English, Australian, Scottish.
The median weekly rent is $300 (Census 2021). The median monthly mortgage repayment is $867.
Looking at the investment signals, Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.