Located in Tasmania within the Dorset local government area, Ringarooma is a sparsely populated locality (postcode 7263). With a population of 337, the suburb has an older-leaning population with a median age of 53. Households earn a median income of $47K 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 +0.8% 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 managers, labourers, machinery operators & drivers. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Scottish.
The median weekly rent is $200 (Census 2021). The median monthly mortgage repayment is $867.
Ringarooma is served by 1 school, including 1 primary. The average ICSEA score is 881, which is well below the national average of 1,000. Public transport access includes 2 bus stops.
From an investment perspective, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.