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City of YarraPopulation forecast

North Richmond

Population, households and dwellings

The number of dwellings in North Richmond is forecast to grow from 8,221 in 2021 to 12,179 in 2046, with the average household size falling from 1.92 to 1.84 by 2046.

This summary shows the results of the forecasts for population, households and dwellings in the City of Yarra. The period 2021 to 2031, 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
North RichmondForecast year
Summary202120262031203620412046
Population14,08315,29117,21318,81820,29121,769
Change in population (5yrs)--1,2081,9221,6051,4741,477
Average annual change--1.66%2.40%1.80%1.52%1.42%
Households7,2228,0109,0259,92610,82511,733
Average household size1.921.891.891.881.861.84
Population in non private dwellings214156166175185199
Dwellings8,2218,5589,41010,32511,24512,179
Dwelling occupancy rate87.8593.6095.9196.1496.2796.34
Source: Population and household forecasts, 2021 to 2046, prepared by .id (informed decisions), May 2024.

Key findings

In 2021, the total population of North Richmond was estimated to be 14,083 people. It is expected to increase by over 3,130 people to 17,213 by 2031, at an average annual growth rate of 2.03%. This is based on an increase of over 1,803 households during the period, with the average number of persons per household falling from 1.92 to 1.89 by 2031.

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