Map of Australia's largest Urban Population Centres and Recent Population Growth

[Finrod]

I came across the image below recently, and thought it may be of interest to some.

It lists Australia's largest urban areas, their current populations and change in population over the previous year.

Whilst much of this may not be new information to many, it is however (I feel), interesting to see it all collated in a single picture which may in turn make it easier to connect some further dots.

Aspects which I found of interest were:

• 
  Whilst Brisbane on it's own is Australia's 3rd largest urban population centre, is also within commutable distance (IMO) to the nation's 6th and 9th centres. Combined, they have approximately 3.2M in the region.

• 
  Melbourne's population growth rate is significantly higher than Sydney's (not really a secret). However, what does this mean for housing in these cities? As Melbourne sprawls east, surely there is a need to start building up it's west. In 20 years, once Melbourne's population overtakes Sydney's, will we see a shift of large businesses down south, further accelerating its growth?

• 
  Ballarat and Bendigo really are small fry. Slightly larger than Albury, and smaller than Toowoomba, but often (in my perception anyway) are touted far more highly and favourably (presumably due to their proximity to Melbourne). Does this merit some re-focusing some more attention toward Toowoomba/Albury?

• 
  Perth and Adelaide, whilst capital cities are isolated in a sea of land. Do they have sufficient critical mass (in population, economic activity, investment, etc) to continue propelling themselves forward (in terms of capital growth)? Or should we focus more on areas like Wollongong and Geelong, which whilst much smaller, may at least reap the benefits of being near other large cities?

Keen to hear your thoughts. What do you draw from this (if anything)? Or is trying to draw conclusions or insights without fully considering causality a dangerous path to tread?

 

[Scott No Mates]

Sunshinre Coast & Ballarat seem to be putting people in left right & centre - are housing costs moving at the same rates?

 

[HotRod]

2104 hey???

 

[Scott No Mates]

2104 hey???

Mere details

 

[WattleIdo]

great info - thanks

 

[The Fence]

Central Coast of NSW should be on that map. More population than many that are on the map....?

 

[redwing]

Interesting to look at Annual Changes last year across all

Melbourne Annual Change last year 79,000
Perth Annual Change last year 65,000
Sydney Annual Change last year 64,000

 

[Finrod]

2104 hey???

It's a very long term prediction .That explains why NZ and Indonesia have been submerged due to climate change and rising sea levels.


The Fence: Good pick up. To me, that highlights there being a pool of around 600K inhabitants just north/south of Sydney who may be able to influence Sydney markets (and vice versa).

Scott No Mates: You mean as population in these centres grow by ~3-4%, does the capital growth match? It's probably a bit hard to determine at this level - with a deeper level of analysis required. e.g. the entire/majority of the population moving into Ballarat may move into the cheapest suburb of that city supercharging the capital growth in those particular suburbs as opposed to the whole of Ballarat.

 

[JenJen]

Just did a few quick calculations re. growth rates. North Queensland leading the pack, dare I say?

Cheers

Jen

 

[Ausprop]

kind of irrelevant as the most important thing is the friction of demand against supply, hence why Karratha is such an extreme example whereby supply is limited due to land, extreme distance from supply centres, lack of labour, cyclonic and environmental requirements etc. Supply imbalances are the most important thing, not aggregate demand