Colac Otway Shire
Components of population change
The greatest population change for Colac Otway Shire is forecast for the period from 2037 to 2041, which is expected to have a net increase of 1,361 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|
|Colac Otway Shire||Forecast period|
|Component||2017 to 2021||2022 to 2026||2027 to 2031||2032 to 2036||2037 to 2041|
|Change in persons in non-private dwellings||37||19||46||12||39|
|Total population change||707||979||1,124||1,222||1,362|
Population and household forecasts, 2016 to 2041, prepared by .id (opens a new window), the population experts, October 2018.