The Australian Bureau of Statistics (ABS) recently published their demographic findings from the 2016 Census which gives us the opportunity to look at the housing markets and councils most popular with Australians aged over 65.
The common conception of retirement conjures up images of a sea change with those over the age of 65 fleeing the cities and escaping to the warm and sunny beaches of the coast. The ABS Census findings confirm just that.
In fact, not one of the country’s top 50 council areas with the highest proportion of residents aged at least 65 years is located in a capital city.
So, where are all the retired Australians residing?
The Census data shows that at the end of June 2016, Queenscliffe in Victoria is the council region with the highest proportion of residents aged over 65 years. A total of 40.3 per cent of the council area’s 2,904 residents were at least 65 years old.
Here are the top ten local councils and the percentage of residents living there who are at least 65 years of age.
- Queenscliffe, Vic with 40.3%
- Victor Harbor, SA with 37.7%
- Barunga West, SA with 32.9%
- Wyalkatchem, WA with 31.5%
- Yorke Peninsula, SA with 31.3%
- Glamorgan-Spring Bay, Tas with 31%
- Eurobodalla, NSW with 29.4%
- Mid-Coast, NSW with 29%
- Tasman, Tas with 28.8%
- Quairading, WA with 28.2%
You can view the full top 50 list of councils on CoreLogic.