Located in Tasmania within the Meander Valley local government area, Westwood is a sparsely populated locality (postcode 7292). It is home to about 88 residents, with a mix of families and early-career residents and a median age of 37. Households earn a median income of $137K per year, with an average household size of 3.2 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 -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 managers, professionals, machinery operators & drivers. Employment in the area leans toward agriculture and transport & logistics. The top ancestries reported are English, Australian, Scottish.
The median weekly rent is $180 (Census 2021). The median monthly mortgage repayment is $875.
On the investment side, 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.