Population snapshot Sydney, Melbourne and Brisbane Mark McCrindle

POPULATION SNAPSHOT: MELBOURNE, SYDNEY &

BRISBANETHE KEY POPULATION TRENDS

TRANSFORMING AUSTRALIA’S CITIES

Mark McCrindlewww.mccrindle.com.au

AUSTRALIA’S POPULATION

24m

POPULATION 1968

3.6 billion 12 million

POPULATION TODAY

7.3 billion 24 million

Melbourne

AUSTRALIA’S POPULATION GROWTH

1.4%

1.7%MELBOURNE’S GROWTH COMPARED:

IN THE LAST 12 MONTHS, MELBOURNE HAS GROWN BY 96,000 PEOPLE

1.7%1.7%TASMANIA GREW BY AROUND 1,400 PEOPLE

MELBOURNE’S GROWTH COMPARED:


1.7%MELBOURNE’S GROWTH COMPARED:

1.7%MELBOURNE IS GROWING BY MORE PEOPLE EVERY 5 DAYS

THAN TASMANIA ADDS IN A WHOLE YEAR

TASMANIA GREW BY AROUND 1,400 PEOPLE


POPULATION INCREASE: ALL STATESNatural

IncreaseNet Overseas Migration

Net Interstate Migration

Population Growth Rate

TASSANSWWAACTNSWQLDVIC

POPULATION INCREASE: ALL STATESNatural

IncreaseNet Overseas Migration

Net Interstate Migration

Population Growth Rate

TAS 0.4SA 0.8NSW 1.5WA 1.3ACT 1.4NSW 1.4QLD 1.2VIC 1.7

SYDNEY & MELBOURNE: A CENTURY OF GROWTH

Waking up each day knowing I don’t live in

Melbourne lifts my mood on an almost

daily basis.Peter, Tregear Heights

“ “

Sydney

FASTEST GROWING AREAS IN AUSTALIA’S LARGEST STATE

PARRAMATTA●


● PARKLEA

PARRAMATTA●


● PARKLEA

●HOMEBUSH BAY

PARRAMATTA●


● PARKLEA

● COBBITTY

●HOMEBUSH BAY

PARRAMATTA●

● SYDNEY

3/4 1/4AUSTRALIA

2/3 1/3SYDNEY

1/3 2/3NEW APPROVALS

SYDNEY & THE CENTRE OF POPULATION

●PARRAMATTA

● SYDNEY CBD

SYDNEY & THE CENTRE OF POPULATION

●PARRAMATTA

● SYDNEY CBD

ERMINGTON (2015)

1974

PARRAMATTA1 PATEL2 LEE3 SMITH4 KIM5 SINGH6 CHEN7 WANG8 LI9 ZHANG10 WILLIAMS

Brisbane

% OF STATE POPULATION LIVING IN THE CAPITAL CITY

75%

Melbourne


63%

Sydney

75%

Melbourne


48%

Brisbane

63%

Sydney

75%

Melbourne

THE POPULATION OF BRISBANE ISLARGER THAN THE POPULATION OF…

FIJI


FIJI LUXEMBURG


FIJI LUXEMBURG

ICELAND


FIJI LUXEMBURG

ICELAND

SAMOA


FIJI LUXEMBURG

ICELAND

SAMOA

TONGA


FIJI LUXEMBURG

ICELAND

SAMOA

TONGA GREENLAND


FIJI LUXEMBURG

ICELAND

SAMOA

TONGA GREENLAND

LIECHTENSTEIN


FIJI LUXEMBURG

ICELAND

SAMOA

TONGA GREENLAND

LIECHTENSTEIN NAURU


COMBINED

FIJI LUXEMBURG

ICELAND

SAMOA

TONGA GREENLAND

LIECHTENSTEIN NAURU


CULTURAL DIVERSITY: AUSTRALIA

TOP 5 SOURCE COUNTRIES

THE GENERATIONS

SCARY SYMBOLS FOR A GLOBAL GENERATION:

1974

1985

2014

2015

2054

2045

INCREASED LONGEVITY

Meet the KIPPERS

KIPPERS

Meet the KIPPERS

KidsInParentsPocketsErodingRetirementSavings

Meet the KIPPERS

GENERATIONAL SENTIMENT

Generation Y

Generation X

Baby Boomers

63%

41%

53%

Q. Of those who have never lived in a unit / apartment: I would consider living in a unit /

apartment in the future

Only occasionally in history do

massive demographic shifts

combine with

rapid social changeand

huge generational transitions

and

ongoing technology trends

so that within the span of a decade,

society altogether alters.

Mark McCrindle

Population snapshot Sydney, Melbourne and Brisbane Mark McCrindle

Real Estate

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