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City of Greater GeelongPopulation forecast

Lovely Banks - Batesford - Moorabool

Population and age structure

Between [Parameter].[Year1Label] and 2022, the age structure forecasts for Lovely Banks - Batesford - Moorabool indicate a 11.9% decrease in population under working age, a 1.0% increase in population of retirement age, and a 9.3% 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 - 5 year age groups
Lovely Banks - Batesford - Moorabool - Total persons[Parameter].[Year1Label]20222041Change between [Parameter].[Year1Label] and 2041
Age group (years)Number%Number%Number%Number
0 to 4902.8913.11,4718.7+1,381
5 to 91484.71264.31,4128.3+1,264
10 to 142327.31976.81,2087.1+977
15 to 192086.61715.91,0736.3+865
20 to 242788.82478.51,2697.5+991
25 to 292217.02016.91,5028.9+1,281
30 to 341725.41334.61,5839.3+1,411
35 to 391835.81756.01,4158.3+1,232
40 to 441575.01414.91,1556.8+998
45 to 492859.02398.28875.2+602
50 to 542467.82297.97604.5+514
55 to 592889.12749.46924.1+404
60 to 642538.02679.25893.5+337
65 to 691033.31043.65573.3+454
70 to 741113.51184.14382.6+327
75 to 79842.7812.83792.2+295
80 to 84632.0652.23171.9+253
85 and over461.5431.52471.5+201
Total persons3,167100.02,901100.016,953100.0+13,786
Source: Population and household forecasts, 2021 to 2041, prepared by .id (informed decisions), January 2023.

Key findings

In [Parameter].[Year1Label], the dominant age structure for persons in Lovely Banks - Batesford - Moorabool was ages 55 to 59, which accounted for 9.1% of the total persons.

The largest increase in persons between [Parameter].[Year1Label] and 2022 is forecast to be in ages 60 to 64, which is expected to increase by 15 and account for 9.2% of the total persons.

The largest 5 year age group in 2022 is 55 to 59 years, with a total of 274 persons.

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