Shearwater is a compact suburb in Tasmania within the Latrobe (Tas.) local government area (postcode 7307). It is home to about 2,051 residents, with an older demographic and a median age of 58. Households earn a median income of $57K per year, with an average household size of 2.1 people. 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $500. The median monthly mortgage repayment is $1,500.
Public transport access includes 5 bus stops.