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I am not sure where you are getting your suburb specific forecast (is it forecast.id?) but you might want to check out what this is based on and decide how reliable you think it is. In some areas I will deliberately target areas with high overall population growth, but sub area with low...

^^^ what they said. What are your projections based on? I have spent time in Bendigo and Ballarat but am no expert in them as towns, I would not have expected the population growth figures overall to be so different. Are you saying the suburb specific population forecast is what you are...