Population growth for Melbourne expected to outshine Sydney

10.9.13bMelbourne may become Australia’s biggest city in the near future, as the Australian Bureau of Statistics (ABS) predict that Victoria is expected to undergo massive population growth over the next 50 years.

In fact, it’s expected that Melbourne’s population will outgrow Sydney’s by 2053, while becoming the most populated city in Australia by as early as 2030. While population growth is expected nationwide, Melbourne is expected to become an economic hub in coming years.

Melbourne’s population has been predicted to reach 8.6 million by 2061, while Victoria as a state is projected to grow from 5.6 million in 2012 to a huge 10.3 million in 2061 – an increase of 83 per cent overall.

Minister of Planning Matthew Guy said that these latest projections were a reminder about the importance of preparing the state’s infrastructure and residential housing market for the impending boom.

He stated the uptake of housing opportunities in urban renewal precincts, as well as growth areas in metropolitan and rural Victoria, would be the best way to help prepare the state for the future.

“The ABS has advised that Melbourne‚Äôs population will continue to grow strongly, which is why good, long term planning is so essential to maintaining good jobs growth and preserving the way we live,” said Mr Guy in a November 27 statement.

“Plan Melbourne provides a clear course of action to protect our suburbs, as well as provide a clear pipeline of development in defined locations and a direction to once and for all create a State of Cities, not just a city-state.”

While these are medium projections, Mr Guy stated that even the lowest projections still see Melbourne’s population reaching a huge 7.6 million by 2061.

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