The top 25 growth areas in Australia

The ABS released new population growth figures last week.

The table below is a summary of the population trends in the country’s largest 25 urban areas.

Major urban areas in Australia 2017 resident population Annual growth last year Average growth last decade Difference: last year v decade avg
Sydney 4,741,874 98,079 76,630 28%
Melbourne 4,677,157 119,975 96,445 24%
Brisbane 2,326,656 46,366 43,206 7%
Perth 2,004,696 19,789 40,146 -51%
Adelaide 1,315,346 9,535 12,915 -26%
Gold Coast/Tweed Heads 663,321 16,338 13,524 21%
Newcastle/Maitland 481,183 4,529 4,940 -8%
Canberra/Queanbeyan 447,457 6,914 6,976 -1%
Central Coast 329,437 2,413 3,059 -21%
Sunshine Coast 325,399 7,995 6,716 19%
Wollongong 299,203 3,534 3,073 15%
Geelong 260,138 6,869 4,642 48%
Hobart 208,324 2,227 1,865 19%
Townsville 180,346 1,486 2,879 -48%
Cairns 151,925 1,884 2,663 -29%
Toowoomba 135,631 1,594 1,577 1%
Darwin 132,708 663 2,575 -74%
Ballarat 103,481 1,893 1,727 10%
Bendigo 97,096 1,509 1,493 1%
Albury/Wodonga 91,923 1,347 1,105 22%
Launceston 86,788 453 357 27%
Mackay 80,427 -353 737 -148%
Rockhampton 78,871 76 695 -89%
Bunbury 74,478 376 1,518 -75%
Coffs Harbour 70,857 723 762 -5%
Top 25 urban areas 19,364,722 356,214 332,225 7%
Australia 24,598,933 388,124 377,131 3%

A quick summary finds:

1. Overall Australia’s current annual population growth rate is 3% higher than the ten-year average. The resident population rose by 388,000 people last year.  Differences Fade Across Australias States2

2. Some 80% of people live in the country’s largest 25 urban centres.

3. These 25 centres accounted for 92% of the nation’s population growth last year, which is higher than the ten-year average (88%).

4. Some urban areas are growing much faster at present than the longer-term trend – these include Sydney, Melbourne, Gold Coast/Tweed, Geelong and the Sunshine Coast just to name a few.

5. Other urban areas aren’t doing as well such as Mackay, Rockhampton, Townsville and Bunbury.

End note

High overseas migration is having an impact, so too is a lack of significant new employment generators across regional Queensland but the process of urbanisation is also influencing things.

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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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