Melbourne thick with population hotspots
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Melbourne thick with population hotspots

Melbourne thick with population hotspots

by Sasha Karen | June 12, 2018

The results of a new report have determined that majority of the top 20 hotspots for population in Australia are found in Melbourne.

Melbourne, population hotspots

The Housing Industry Association’s (HIA) HIA Hotspots Report revealed that 12 out of 20 of Australia’s hotspots for population growth are located in or around Melbourne, according to Shane Garrett, HIA’s senior economist.

“According to the HIA Population & Residential Building Hotspots Report 2018, the Mickleham-Yuroke area of Melbourne is Australia’s number one hotspot, with population growth of 35.3 per cent during 2016–17 and $222.9 million in building approvals,” Mr Garrett said.

“With a large volume of work still to be commenced, no downturn evident in approvals, and population growth still exceeding 2 per cent, Melbourne and its surrounding areas are likely to produce many hotspots for building activity going into 2019.”

Melbourne’s hotspot prominence is due to job creation, population growth and new home construction all contributing to its economy, Mr Garrett said.

The rest of the list was populated by areas from Queensland and NSW, with four of each.

Pimpana found itself falling to second place on the list, with Queensland’s south-eastern corner being a hotbed of hotspot activity.

“Population growth in the south-east has accelerated over the past year, indicating that Queensland is starting to see solid employment gains,” Mr Garrett said.

CoomeraCoomera, QLD Coomera, QLD is also a regular on the hotspots list, joined by South Brisbane where the apartment boom has resulted in significant approvals and population growth.”

Meanwhile, Sydney’s hotspots consist of western and south-western suburbs.

“From Leppington to Parramatta and Blacktown, the large pipeline of new housing will attract significant population growth,” Mr Garrett said.

The top 20 hotspots across Australia, according to the HIA are:

Rank

Area

State

Annual population growth rate

1

Mickleham - Yuroke

VIC

35.3

2

PimpamaPimpama, QLD Pimpama, QLD

QLD

30.8

3

Cranbourne East

VIC

27.4

4

Cobbitty - Leppington

NSW

21.9

5

Riverstone - Marsden Park

NSW

21.1

6

Wollert

VIC

20.8

7

Docklands

VIC

14.7

8

BeaconsfieldBeaconsfield, WA Beaconsfield, TAS Beaconsfield, QLD Beaconsfield, NSW Beaconsfield, VIC - Officer

VIC

13.4

9

Point Cook - East

VIC

12.8

10

Truganina

VIC

11.9

11

Melbourne

VIC

11.2

12

Coomera

QLD

10.3

13

Cranbourne West

VIC

9.2

14

Melton South

VIC

9.1

15

Tarneit

VIC

9.0

16

South Brisbane

QLD

8.8

17

Springfield Lakes

QLD

8.7

18

Arncliffe - Bardwell

NSW

8.6

19

Southbank

VIC

8.6

20

Homebush Bay - Silverwater

QLD

8.0

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