13/11/2008 - 08:28

City of Perth population on the rise

13/11/2008 - 08:28

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The residential population in the city of Perth is booming, and forecasts predict the number to more than double in just over 20 years breaking the 30,000 residents barrier.

The residential population in the city of Perth is booming, and forecasts predict the number to more than double in just over 20 years breaking the 30,000 residents barrier.

A large number of dwellings in the CBD expected to be constructed and an increased migration, particularly of young adults aged between 18-24, are predicted as the major drivers.

 

 

Full announcement below:

 

Residential population trends upwards

The residential population of the City of Perth local government area is forecast to break the 30,000 level during 2029 - the bicentenary of the founding of Perth.

Acting Chief Executive Officer Peter Monks said the City was pleased to announce the release of residential population forecasts until the year 2031.

"The residential population is forecast to grow to just under 16,000 by 2010, more than 24,000 by 2020 and more than 31,000 in 2031," Mr Monks said.

The major drivers of population change to 2031 are expected to be:

- The large number of new dwellings expected to be constructed (an average of just over 620 dwellings per annum until 2031).
- Significant government investment and development within the City's boundaries.
- Net migration gains, particularly in the young adult age groups (18-24 years).

Mr Monks said that demographic company 'informed decisions' had recently produced the residential population forecasts, which will complement two existing products available on the City's website: the Community Profile and the Community Atlas.

"The forecasts are based on a number of key assumptions including, but not limited to, proposed residential developments, migration rates and patterns, and fertility and death rates," Mr Monks said.

"The demographic and forecast products provide the City of Perth with the evidence base to plan housing policy and service delivery, and also helps us to promote our city.

"The population and household forecasts also provide important information to community groups, investors, businesses, students and the general public.

"This information will be an important tool in our strategic planning to the year 2029."

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