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City of YarraPopulation forecast

North Richmond

Population and age structure

Between 2021 and 2026, the age structure forecasts for North Richmond indicate a 45.4% increase in population under working age, a 43.9% increase in population of retirement age, and a 23.3% 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 Yarra 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
North Richmond - Total persons202120262041Change between 2021 and 2041
Age group (years)Number%Number%Number%Number
0 to 44773.41,0395.81,2255.3+748
5 to 94213.04512.58663.8+445
10 to 144052.94052.36612.9+256
15 to 194303.15733.26993.0+269
20 to 241,1408.11,6199.01,6397.1+499
25 to 292,28516.22,56314.32,75212.0+467
30 to 342,15115.32,44013.62,64511.5+494
35 to 391,3879.81,97311.02,2039.6+816
40 to 449226.51,3157.31,7607.7+838
45 to 498055.78694.81,4446.3+639
50 to 547575.47894.41,2225.3+465
55 to 597055.08204.61,0394.5+334
60 to 646004.38244.69614.2+361
65 to 694943.56743.79444.1+450
70 to 744363.15463.09063.9+470
75 to 792711.94912.78323.6+561
80 to 841881.32921.66132.7+425
85 and over2091.52961.65352.3+326
Total persons14,083100.017,980100.022,945100.0+8,862
Source: Population and household forecasts, 2021 to 2041, prepared by .id (informed decisions), November 2022.

Key findings

In 2021, the dominant age structure for persons in North Richmond was ages 25 to 29, which accounted for 16.2% of the total persons.

The largest increase in persons between 2021 and 2026 is forecast to be in ages 35 to 39, which is expected to increase by 586 and account for 11.0% of the total persons.

The largest 5 year age group in 2026 is 25 to 29 years, with a total of 2,563 persons.

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