Coastal areas still popular retirement choice
Data released yesterday by the Australian Bureau of Statistics (ABS) offers an interesting insight into Australia’s ever-increasing aged population, and also the locations in which they like to spend their twilight years.
Australia’s aged population has increased by almost 20 per cent since 2010, according to the figures.
There were 2.2 million people aged 65 and over living in Australia’s capital cities in 2015 (up from 1.8 million in 2010).
Additionally, 1.4 million live in areas outside our capitals (up from 1.2 million in 2010).
Hobart has the oldest population of any Australian capital city, with its median age – the age at which half the population is older and half is younger – sitting at 39.8 years at June 2015, compared to 37.4 years for the whole country.
Adelaide was the next oldest capital (38.8 years) followed by Sydney (36.1) and Melbourne (36.0).
Darwin was the youngest capital city (33.3).
The residents of Tea Gardens – Hawks Nest, near Port Stephens on the New South Wales coast, were officially Australia’s oldest, with a median age of 61.0 years in 2015.
People living in Tuncurry, on the NSW mid-north coast, were the next oldest (59.7 years), followed by residents of Bribie Island in Queensland (59.3), Paynesville in Victoria’s Gippsland region (59.0) and Victor Harbor on South Australia’s Fleurieu Peninsula (58.1).
“The older populations in these areas reflect a preference among many Australians to retire to coastal and rural parts of the country,” ABS director of demography Beidar Cho says.
People aged 65 years and over contributed to more than 60 per cent of population growth in areas outside capital cities between 2010 and 2015.
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