Cambridge

Schools in Cambridge iICSEA: school advantage index. 1000 = national avg, higher = more advantaged

Demographics

The median age of 41 matches the national figure almost exactly, sitting just 1.0 year above the national average. University qualifications at 31.2% run 1.1 percentage points above the national figure, a modest professional skew. Overseas-born residents at 11.7% are 9.9 points below national, reflecting the Anglo-Celtic character evidenced in the ancestry data: English (694 residents), Irish (194) and Scottish (135) lead by large margins. Average household size of 2.6 is 0.1 above national, consistent with the couples-with-children share of 43.4% of families. The senior share has grown 5.9 points over the decade while the working-age share fell 2.8 points, pointing to a gradual but clear aging trajectory.

Ownership is the defining feature of Cambridge housing: 41.4% own outright and 46.3% carry a mortgage, leaving renters at just 12.3%, far lower than national averages. The stock is almost entirely separate houses at 92.1%, with semi-detached and apartments each below 1%. The bedroom profile skews large, with 4-plus bedroom homes at 40.2% and three-bedroom at 43.7%, so the supply suits families rather than singles or couples. Prices rose from $740,000 in 2024 to $932,500 in 2025, then settled to $773,000 in 2026. The long-run price gain from 1996 to 2026 is 525.9%, and the current median is 17.3% below the 2022 peak of $935,000, suggesting the post-boom correction has run much of its course.

Community Profile

Economy & Employment

Healthcare is the largest employer at 18.8% of workers (105 people), followed by Construction at 12.1% (68), Education at 11.6% (65) and Public Administration at 11.1% (62). The occupation mix leans professional: Professionals (155) and Managers (130) are the top two categories, which aligns with the SEIFA IEO decile of 7, above the national midpoint. The unemployment rate of 3.2% is low and the full-time employment rate is 64.0%, with 463 full-time and 261 part-time workers. Real income growth of 16.5% over the decade has improved financial resilience. Household income sits in the 76.7th percentile nationally, meaning Cambridge earns more than three quarters of Australian suburbs.

Transport to Work

Car dependency is high with 88.9% of residents driving to work and only 2.1% using public transport, reflecting the 49-square-kilometre low-density footprint that lacks the urban infill needed to support frequent transit. Walking and cycling account for 3.2% of commutes. The IRSAD decile of 8 places Cambridge above the national median on the combined advantage and disadvantage index, meaning residents access better resources than most Australian suburbs. The mortgage-to-income ratio of 19.5% and rent-to-income of 20.0% both sit comfortably below financial stress thresholds, reducing economic pressure on households. No schools are recorded within the suburb boundary in this dataset, so families travel to neighbouring areas for schooling. Volunteering participation reaches 15.5%, suggesting strong community engagement relative to the small population.

Population Forecast

Population has grown at 1.26% annually, adding roughly 112 residents per year, well above Tasmania's overall growth rate. The 10-year gain of 18.8% signals sustained demand rather than a one-off spike. Medium forecasts project the broader area growing from 8,883 to 9,632 by 2031. Overseas migration is the primary driver, with average net annual inflows of 42 versus outflows of 31 from internal migration. The gentrification score of 22 places Cambridge in early-signs territory, supported by population growth of 21% since 2011 and an accelerating shift toward higher-income household profiles. Affordability improved from 43.7% in 2011 to 40.7% in 2021, meaning housing is consuming a smaller share of income than a decade ago.

National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs

How Cambridge compares to ~15,000 Australian suburbs

Frequently Asked Questions