Located in Tasmania within the Clarence local government area, Montagu Bay is a small community (postcode 7018). The area has roughly 718 residents and an established demographic, with a median age of 43. Households earn a median income of $77K per year, with an average household size of 2.2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.4% 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, community & personal service, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $600. The median monthly mortgage repayment is $1,517.
Montagu Bay is served by 1 school, including 1 primary. The average ICSEA score is 1081, which is above the national average of 1,000. Public transport access includes 11 bus stops.
On the investment side, Population growth of +0.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.