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City of Greater GeelongPopulation forecast

Leopold

Population and age structure

Between 2021 and 2026, the age structure forecasts for Leopold indicate a 0.7% decrease in population under working age, a 10.0% increase in population of retirement age, and a 4.5% increase 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
Leopold - Total persons202120262041Change between 2021 and 2041
Age group (years)Number%Number%Number%Number
Babies and pre-schoolers (0 to 4)8216.27965.81,0595.9+238
Primary schoolers (5 to 11)1,1598.81,1298.21,4277.9+268
Secondary schoolers (12 to 17)9297.09556.91,2196.8+290
Tertiary education and independence (18 to 24)1,0087.61,0357.51,3077.3+299
Young workforce (25 to 34)1,65612.51,73112.52,37513.2+719
Parents and homebuilders (35 to 49)2,46618.72,58918.73,59320.0+1,128
Older workers and pre-retirees (50 to 59)1,63112.31,72012.42,18512.1+554
Empty nesters and retirees (60 to 69)1,50411.41,64311.91,97911.0+475
Seniors (70 to 84)1,72213.01,80213.02,22012.3+498
Elderly aged (85 and over)3142.44273.16433.6+329
Total persons13,209100.013,826100.018,006100.0+4,797
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 Leopold was ages Parents and homebuilders (35 to 49), which accounted for 18.7% of the total persons.

The largest increase in persons between 2021 and 2026 is forecast to be in ages Empty nesters and retirees (60 to 69), which is expected to increase by 138 and account for 11.9% of the total persons.

The largest 5 year age group in 2026 is Parents and homebuilders (35 to 49) years, with a total of 2,589 persons.

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