Melbourne could become Australia's largest city by 2030 with an annual increase of about 130,000 people
Bernard Salt, a leading demographer and director of Demographics Group, an economic research and forecasting firm, warned recently that Melbourne's population was growing too fast and that the number of people moving to cities may need to be reduced. In addition, he predicted that Melbourne would overtake Sydney as Australia's largest city by 2030. We sell Australian houses.
Bernard Salt, a leading demographer and director of Demographics Group, an economic research and forecasting firm, warned recently that Melbourne's population was growing too fast and that the number of people moving to cities may need to be reduced. In addition, he predicted that Melbourne would overtake Sydney as Australia's largest city by 2030. There are houses for sale in Australia.
Statistics show that the average annual growth rate of Melbourne's population is 126,000, while that of Sydney is 90,000. Some analysts show that if Melbourne and Sydney had a population race, Sydney would surely have lost. But Mr Salter says Melbourne's population has grown tenfold in a generation. "It's kind of like a car that's driving too fast. It's fast, but it's more dangerous."
Mr Salter explains that Melbourne's population is now growing at an alarming rate compared with 25 years ago. In 1993, the average annual growth rate of Melbourne's population was only 12,000. Melbourne's population is now 4.7m and is expected to reach 5m by 2021. The number is expected to soar to 8m by 2050. There are houses for sale west coast Tasmania.
At the current rate of population growth, Melbourne is likely to overtake Sydney as Australia's largest city by the 2030s, many years ahead of expectations. The Victoria state government has predicted that Melbourne could become Australia's largest city by 2050.
The reason behind Melbourne's population growth, says Mr Salter, is that it has more affordable housing and land costs than Sydney. "If you have money you can buy a property or a piece of land in the western suburbs of Melbourne, but can't buy the same property or land anywhere in Sydney," he said. Please visit real estate listings.
Salter added that it was necessary for the state government to develop a comprehensive population growth strategy and begin assessing and limiting the population moving to cities. "But it's not about closing the door, just not opening it too wide."
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15a Albert Street, Kilmore VIC 3764
Price reduction now $399,000
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46 Wedge Street, Benalla VIC 3672
$300,000 - $330,000
Land area676㎡
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