Australia 2021 Census Insights: Ageing population
Aug 11th 2022
The recent Census update has been released, and the results aren’t as we predicted.
In the past five years, Australia has gained 700,000 new 65+ residents. Despite making up only 16% of the population, over 65’s made up 35% of the population growth.
While the top growth suburbs for over 65’s are in growth areas (Point Cook and Craigieburn in Melbourne), several established suburbs have also experienced a greying of the population (e.g. Rowville in Melbourne and Canning Vale in Perth).
Get In Touch to explore how changes to local age profiles are impacting your business.
