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Population growth slows and in wrong places for retirement village sector

1 min read

If selling the family home is key to new residents for retirement villages, the population growth trend is not good – except in WA and the ACT. In 2010:
• ?Australia’s population grew 1.5% to 22, 477,400
• ?This is 30% down on the peak 2.2% in 2008
• ?Births were steady, more died, international students crashed
• ?Immigration is steady at 170,000pa
• ?WA grew 2.1% and ACT 2%.
• ?QLD grew 1.7% (including 35,419 from NSW)
• ?VIC grew 1.6%. NSW grew 1.2%
• ?Both parties support 1.5% annual growth to 35 million by 2030


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