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City of Greater GeelongPopulation forecast

Lovely Banks - Batesford - Moorabool

Population and age structure

Between 2021 and 2026, the age structure forecasts for Lovely Banks - Batesford - Moorabool indicate a 23.6% increase in population under working age, a 39.1% increase in population of retirement age, and a 1.7% decrease in population of working age.

Knowledge of how the age structure of the population is changing is essential for planning age-based facilities and services, such as child care, recreation and aged care.

The forecast age groups of the City of Greater Geelong is a function of the current age of the population (people aging each year, being born and dying) as well as the age of people migrating into and out of the area. This in turn is driven by location (fringe, city centre, regional or rural) the existing housing stock (separate dwellings, medium or high density), the amount and type of new residential development (same as existing stock, or diversifying) and where the area is in a cycle of change. We call this the area’s residential role and function. You can learn more about this in the section household and suburb life cycles.

Forecast age structure - Service age groups
Lovely Banks - Batesford - Moorabool - Total persons202120262041Change between 2021 and 2041
Age group (years)Number%Number%Number%Number
Babies and pre-schoolers (0 to 4)902.82417.11,4718.7+1,381
Primary schoolers (5 to 11)2387.52306.81,91811.3+1,680
Secondary schoolers (12 to 17)2517.92437.21,3397.9+1,088
Tertiary education and independence (18 to 24)37711.93179.31,70610.1+1,329
Young workforce (25 to 34)39312.451615.23,08518.2+2,692
Parents and homebuilders (35 to 49)62519.755716.43,45620.4+2,831
Older workers and pre-retirees (50 to 59)53416.948014.11,4528.6+918
Empty nesters and retirees (60 to 69)35611.247213.91,1476.8+791
Seniors (70 to 84)2588.22808.21,1346.7+875
Elderly aged (85 and over)461.5651.92471.5+201
Total persons3,167100.03,402100.016,953100.0+13,786
Source: Population and household forecasts, 2021 to 2041, prepared by .id (informed decisions), January 2023.

Key findings

In 2021, the dominant age structure for persons in Lovely Banks - Batesford - Moorabool was ages Parents and homebuilders (35 to 49), which accounted for 19.7% of the total persons.

The largest increase in persons between 2021 and 2026 is forecast to be in ages Babies and pre-schoolers (0 to 4), which is expected to increase by 152 and account for 7.1% of the total persons.

The largest 5 year age group in 2026 is Parents and homebuilders (35 to 49) years, with a total of 557 persons.

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