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Parkville

Residential development

Residential development forecasts assume the number of dwellings in Parkville will increase by an average of 35 dwellings per annum to 3,327 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:

  • Thrive Parkside (Stage 7) - 11-49 Galada Ave - 133 dwellings (2017)
  • Flourish Parkside (Stage 8) - 51-55 Galada Ave - 81 dwellings (2018)
  • 63 Manningham Street - 22 dwellings (2019)
  • 65-71 Manningham Street - 13 dwellings (2019)
  • Parkville by Oliver Hume - 20 dwellings (2019)
  • Prosper Parkside (Stage 4) - 110 Cade Way - 172 dwellings (2019)
  • Small sites - 3 dwellings

2023-2041 dwelling additions are based on approved and mooted sites, as well as future identified development precincts. Total assumed from 2023-2041: 430 dwellings

Forecast residential development
Forecast residential development 2041 Total dwellings: 3,327 2040 Total dwellings: 3,327 2039 Total dwellings: 3,327 2038 Total dwellings: 3,327 2037 Total dwellings: 3,327 2036 Total dwellings: 3,327 2035 Total dwellings: 3,327 2034 Total dwellings: 3,327 2033 Total dwellings: 3,327 2032 Total dwellings: 3,327 2031 Total dwellings: 3,327 2030 Total dwellings: 3,327 2029 Total dwellings: 3,191 2028 Total dwellings: 3,191 2027 Total dwellings: 3,191 2026 Total dwellings: 3,013 2025 Total dwellings: 2,902 2024 Total dwellings: 2,902 2023 Total dwellings: 2,902 2022 Total dwellings: 2,902 2021 Total dwellings: 2,902 2020 Total dwellings: 2,902 2019 Total dwellings: 2,902 2018 Total dwellings: 2,666 2017 Total dwellings: 2,589 2041 Total dwellings: 3,327 2040 Total dwellings: 3,327 2039 Total dwellings: 3,327 2038 Total dwellings: 3,327 2037 Total dwellings: 3,327 2036 Total dwellings: 3,327 2035 Total dwellings: 3,327 2034 Total dwellings: 3,327 2033 Total dwellings: 3,327 2032 Total dwellings: 3,327 2031 Total dwellings: 3,327 2030 Total dwellings: 3,327 2029 Total dwellings: 3,191 2028 Total dwellings: 3,191 2027 Total dwellings: 3,191 2026 Total dwellings: 3,013 2025 Total dwellings: 2,902 2024 Total dwellings: 2,902 2023 Total dwellings: 2,902 2022 Total dwellings: 2,902 2021 Total dwellings: 2,902 2020 Total dwellings: 2,902 2019 Total dwellings: 2,902 2018 Total dwellings: 2,666 2017 Total dwellings: 2,589 2041 Forecast development: 0 2040 Forecast development: 0 2039 Forecast development: 0 2038 Forecast development: 0 2037 Forecast development: 0 2036 Forecast development: 0 2035 Forecast development: 0 2034 Forecast development: 0 2033 Forecast development: 0 2032 Forecast development: 0 2031 Forecast development: 0 2030 Forecast development: 136 2029 Forecast development: 0 2028 Forecast development: 0 2027 Forecast development: 178 2026 Forecast development: 111 2025 Forecast development: 0 2024 Forecast development: 0 2023 Forecast development: 0 2022 Forecast development: 0 2021 Forecast development: 0 2020 Forecast development: 0 2019 Forecast development: 236 2018 Forecast development: 77 2017 Forecast development: 131
Population and household forecasts, 2016 to 2041, prepared by .id the population experts, April 2019.
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