Yes, very good discussion. Our population took 230 years to reach 25m since European settlement ABS stats/forecasts point to this maybe doubling in 50 years. or around 2075 using series B forecasts.
One thing to remember relating it back to property is cities are growing at average 1.7% vs regional/towns/countryside at 1%
Melbourne and Sydney heading for 10m and Melbourne forecast to get there first.
"Melbourne is projected to be the largest city in Australia by 2066 with a projected population between 12.2 million and 8.6 million, surpassing Sydney in 2031 (series A), 2037 (series B) and 2057 (series C)."
"New South Wales is projected to remain as the largest state, reaching over 9 million in all series by 2027 and 10 million between the years 2033 and 2039.
Victoria is projected to experience the largest and fastest increase in population over the projection period, increasing by between 60% to 130%. Victoria's population is projected to reach between 7.5 million and 7.9 million people by 2027.
Queensland is projected to increase by between 0.7 million and 1 million people from 30 June 2017 to reach between 5.7 and 5.9 million people by 2027. Growth will be slower in Western Australia, reaching 2.9 million in 2027, and in South Australia which is projected to be between 1.8 million and 1.9 million in 2027."
