Powered by .id (informed decisions) for Colac Otway Shire
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The number of dwellings in Colac Otway Shire is forecast to grow from 11,737 in 2016 to 14,699 in 2041, with the average household size falling from 2.27 to 2.24 by 2041.
This summary shows the results of the forecasts for population, households and dwellings in Colac Otway Shire. The period 2016 to 2036, as the short to medium term, is likely to be the most accurate and useful forecast information for immediate planning purposes.
It is important to look at the relationship between population and average household size. If the average household size is falling, then there will need to be growth in the number of households (and dwellings for them to live in) to maintain or grow the population.
|Forecast population, households and dwellings|
|Colac Otway Shire||Forecast year|
|Change in population (5yrs)||--||707||979||1,124||1,222||1,362|
|Average annual change||--||0.65%||0.87%||0.96%||0.99%||1.05%|
|Average household size||2.27||2.25||2.24||2.23||2.24||2.24|
|Population in non private dwellings||452||489||508||554||566||605|
|Dwelling occupancy rate||78.47||78.43||78.59||78.86||79.14||79.38|
In 2016, the total population of Colac Otway Shire was estimated to be 21,361 people. It is expected to increase by over 2,810 people to 24,171 by 2036, at an average annual growth rate of 0.62%. This is based on an increase of over 1,358 households during the period, with the average number of persons per household falling from 2.27 to 2.23 by 2036.
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