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Melbourne (CBD)

Residential development

Residential development forecasts assume the number of dwellings in Melbourne (CBD) will increase by an average of 1,549 dwellings per annum to 61,167 in 2041.

The addition of dwellings to the housing stock is a major driver of population growth in an area, providing opportunities for households to relocate from other areas or new households to form locally (such as young people leaving the family home or separations/divorces).

Residential development can take various forms depending on the availability of land. These include new housing estates on greenfield sites, subdivision in existing residential neighbourhoods (often called infill development), conversion of industrial lands to residential lands, and densification of housing by building up.

.id's forecasters worked with Council planners to understand the likely development activity in each small area. This forms the development assumptions for the forecasts. This table shows the quantity of new development assumed in each small area in the City of Melbourne. Select each small area to see detailed assumptions.

List of forecast land developments and infill assumptions:

2017-2022 dwelling additions are based on known sites, both completed and under construction. They include:

  • 35-47 Spring Street - 270 dwellings (2017)
  • Australis Apartments - 520 dwellings (2017)
  • Eporo Tower 279-289 La Trobe Street - 307 dwellings (2017)
  • Eq. Tower - 127-141 A'Beckett Street - 632 dwellings (2017)
  • La Trobe Tower 323-331 La Trobe Street - 210 dwellings (2017)
  • QT Residences Melbourne - 131-141 Russell St - 14 dwellings (2017)
  • The Trillium -36-40 La Trobe Street - 224 dwellings (2017)
  • Upper West Side - 641 dwellings (2017)
  • Empire Melbourne - 75-89 A'Beckett Street - 465 dwellings (2018)
  • The Fifth - 399 dwellings (2018)
  • Light House Apartments - 442-450 Elizabeth St - 607 dwellings (2018)
  • Conservatory Melbourne - 9-23 MacKenzie St - 473 dwellings (2019)
  • Union Tower - 296-300 Little Lonsdale St - 185 dwellings (2019)
  • Victoria One - 452-472 Elizabeth St - 622 dwellings (2019)
  • 388 Lonsdale - 386-392 Lonsdale St - 168 dwellings (2019)
  • Avant - 58-64 A'Beckett St - 463 dwellings (2019)
  • 405-411 Bourke Street - 92 dwellings (2020)
  • Aurora - 224-252 La Trobe Street - 1,139 dwellings (2020)
  • Collins Arch - 433-455 Collins St - 250 dwellings (2020)
  • Collins House - 464-466 Collins St - 258 dwellings (2020)
  • 380 Melbourne - 374-380 Lonsdale Street - 728 dwellings (2021)
  • North West Tower - 244-276 Spencer St - 707 dwellings (2021)
  • Premier Tower - 134-160 Spencer St - 780 dwellings (2021)
  • Queens Place North - 332-346 La Trobe St - 815 dwellings (2021)
  • South West Tower - 244-276 Spencer St - 663 dwellings (2021)
  • Melbourne Grand - 560-566 Lonsdale Street - 887 dwellings (2022)
  • The Peak - 141-149 La Trobe Street - 177 dwellings (2022)

2023-2041 dwelling additions are based on approved and mooted sites, as well as future identified development precincts. Total assumed from 2023-2041: 26,030 dwellings

Forecast residential development
Forecast residential development 2041 Total dwellings: 61,167 2040 Total dwellings: 59,742 2039 Total dwellings: 58,317 2038 Total dwellings: 56,907 2037 Total dwellings: 55,582 2036 Total dwellings: 54,272 2035 Total dwellings: 52,931 2034 Total dwellings: 51,642 2033 Total dwellings: 50,353 2032 Total dwellings: 49,020 2031 Total dwellings: 48,061 2030 Total dwellings: 46,779 2029 Total dwellings: 45,843 2028 Total dwellings: 44,525 2027 Total dwellings: 43,257 2026 Total dwellings: 41,714 2025 Total dwellings: 40,182 2024 Total dwellings: 38,893 2023 Total dwellings: 36,986 2022 Total dwellings: 35,652 2021 Total dwellings: 34,069 2020 Total dwellings: 30,374 2019 Total dwellings: 28,635 2018 Total dwellings: 26,724 2017 Total dwellings: 25,253 2041 Total dwellings: 61,167 2040 Total dwellings: 59,742 2039 Total dwellings: 58,317 2038 Total dwellings: 56,907 2037 Total dwellings: 55,582 2036 Total dwellings: 54,272 2035 Total dwellings: 52,931 2034 Total dwellings: 51,642 2033 Total dwellings: 50,353 2032 Total dwellings: 49,020 2031 Total dwellings: 48,061 2030 Total dwellings: 46,779 2029 Total dwellings: 45,843 2028 Total dwellings: 44,525 2027 Total dwellings: 43,257 2026 Total dwellings: 41,714 2025 Total dwellings: 40,182 2024 Total dwellings: 38,893 2023 Total dwellings: 36,986 2022 Total dwellings: 35,652 2021 Total dwellings: 34,069 2020 Total dwellings: 30,374 2019 Total dwellings: 28,635 2018 Total dwellings: 26,724 2017 Total dwellings: 25,253 2041 Forecast development: 1,425 2040 Forecast development: 1,425 2039 Forecast development: 1,410 2038 Forecast development: 1,325 2037 Forecast development: 1,310 2036 Forecast development: 1,341 2035 Forecast development: 1,289 2034 Forecast development: 1,289 2033 Forecast development: 1,333 2032 Forecast development: 959 2031 Forecast development: 1,282 2030 Forecast development: 936 2029 Forecast development: 1,318 2028 Forecast development: 1,268 2027 Forecast development: 1,543 2026 Forecast development: 1,532 2025 Forecast development: 1,289 2024 Forecast development: 1,907 2023 Forecast development: 1,334 2022 Forecast development: 1,583 2021 Forecast development: 3,695 2020 Forecast development: 1,739 2019 Forecast development: 1,911 2018 Forecast development: 1,471 2017 Forecast development: 2,818
Population and household forecasts, 2016 to 2041, prepared by .id the population experts, April 2019.
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