Ridgeway (postcode 7054) is a small, quiet locality in Tasmania within the Hobart local government area. It is home to about 222 residents, with a settled mid-life population and a median age of 41. Households earn a median income of $133K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at -0.2% year-on-year at the LGA level. TAS employment has moved -1.7% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. TAS also had 17 Commonwealth-backed major projects under construction, 2 underway, and 16 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, community & personal service. Employment in the area leans toward education and healthcare. The top ancestries reported are English, Australian, Scottish.
The median weekly rent is $400 (Census 2021). The median monthly mortgage repayment is $1,950.
Public transport access includes 1 bus stop.
On the investment side, Population growth of -0.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.