Components of population change
The greatest population change for Bankstown Balance is forecast for the period from 2017 to 2021, which is expected to have a net increase of 1,737 people.
There are two ways in which populations can change, through net migration and/or through natural increase (births minus deaths). Some areas are more driven by one or other of these factors. Migration is largely driven by housing development, whereas natural increase is a function of the age of the population.
|Components of population change|
|Bankstown Balance||Forecast period|
|Component||2017 to 2021||2022 to 2026||2027 to 2031||2032 to 2036|
|Change in persons in non-private dwellings||155||155||155||0|
|Total population change||1,738||1,688||1,134||1,105|
Population and household forecasts, 2016 to 2036, prepared by .id (opens a new window), the population experts, October 2017.