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Golden Plains ShirePopulation forecast

Bannockburn North

Population, households and dwellings

The number of dwellings in Bannockburn North is forecast to grow from 1,718 in 2016 to 4,248 in 2041, with the average household size falling from 3.00 to 2.78 by 2041.

This summary shows the results of the forecasts for population, households and dwellings in Bannockburn North. The period 2016 to 2026, 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
Bannockburn NorthForecast year
Change in population (5yrs)--9871,0831,3731,5841,483
Average annual change--3.60%3.33%3.57%3.46%2.77%
Average household size3.002.922.872.832.812.78
Population in non private dwellings118118118118118194
Dwelling occupancy rate96.6296.6996.6296.6596.6496.68
Source: Population and household forecasts, 2016 to 2041, prepared by .id (informed decisions), July 2020.

Key findings

In 2016, the total population of Bannockburn North was estimated to be 5,102 people. It is expected to increase by over 3,444 people to 8,546 by 2026, at an average annual growth rate of 5.29%. This is based on an increase of over 1,314 households during the period, with the average number of persons per household falling from 3.00 to 2.83 by 2026.

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