29/10/2026
📍 Where will Australia's next wave of housing demand come from?
Population projections highlighted in Cotality's latest report offer some valuable insights.
Over the ten years to 2034–35, Australia's major capitals are projected to add:
🏙️ Melbourne: 938,000 residents
🏙️ Sydney: 749,000 residents
🏙️ Brisbane: 470,000 residents
🏙️ Perth: 450,000 residents
Melbourne is expected to experience the largest increase in population numbers, while Perth is projected to have the highest percentage growth of these four cities.
For property investors, population growth is one of several indicators worth watching.
But the real question isn't just where people are moving.
It's whether housing supply, infrastructure and employment opportunities will keep pace.
Understanding tomorrow's demand can help inform today's investment decisions.