.id population forecasts

 

Invest in the right place at the right time.

 

How will Australia's population change?

The answer to this question is critical to many businesses. It informs them about how demand for their products and services will change. It enables smart businesses to position themselves to take advantage of these changes.

.id has the largest population forecast team in Australia. We have developed forecasts for any custom geographic unit (e.g. catchments, suburbs, transport corridors etc). They are designed specifically for organisations that make location-based decisions.

 

Watch the video to see how .id forecasts will help you invest in the right place at the right time.

 

What will .id forecasts tell you?

 

.id forecasts show how a population will change each year from 2006-2031.They will tell you the population, number of dwellings, people in each year of age and the type of households people are living in (e.g. lone person, couple without children etc).

They are delivered for the smallest geographic unit (CCD and smaller) which enables you to aggregate the numbers to any required catchment such as a sales territory, radius or suburb.

.id forecasts currently cover all of Victoria and we will be releasing NSW forecasts in December 2011.

For a taste of what .id forecasts can tell you, have a look at how Melbourne's suburbs are forecast to grow by 2031.

Melbourne in 2031 >>

Why .id's forecasts?

 

Expert .id has the largest dedicated population forecast team in Australia. Our knowledge of forecast modelling coupled with extensive local knowledge of housing markets makes us expert at understanding what is driving change.

Independent .id's forecasts are free from political considerations and policy constraints. They provide an unbiased view of the population outcomes that can be expected across the State.

Accurate Forecasts are only as good as the underlying assumptions that drive the model. After the 2006 Census data was released, .id's forecasts were found to be more accurate than either State Government or ABS in two thirds of cases.

Relevant We build forecasts for the smallest geographic unit possible (CCD and smaller in growth areas). This enables us to provide you with forecasts for catchments that are relevant for your business.

 

How will your business benefit?

 

Competitive advantage Having knowledge about the future is gold. Organisations are increasingly embracing demographic information to gain a competitive edge. Accurate population forecasts can give you a heads-up about social and demographic change that your competitors may not be aware of yet.

Build confidence and minimise risk .id's forecasts provide organisations with the confidence that the major infrastructure investments they are making are based on the best available view of the future.

Target resources Because .id's forecasts are built for the smallest possible geographic area (around 200 households) businesses can be very targeted in both their investments and promotions, ensuring the best possible returns for their outlay and efforts.

Attract investment Quality populaton forecasts are hugely persuasive when building the case for capital invesment in a particular project.

 

Who is using .id forecasts?

 

Uniting Aged Care

Uniting Aged Care (UAC) provides aged care facilities and services across Victoria and Tasmania. The develoment of a new aged care facility requires a significant investment, and people's decision to relocate to an aged care facility is complex.

Combining .id's forecasts with Census and client data is enabling UAC to build an evidence-based approach to their location and product mix decisions. 

 

Catholic Education Office

The Catholic Education Office (CEO) have been using .id forecasts for over six years to assist them match their school services to the current and future student base across Victoria. 

The forecasts assists CEO to make evidence-based decisions about where and when to open and close schools, what capacity those schools will need to provide for at what time; and crucially, where and when they need to invest in land and other assets for future school development.

Invest in the right place at the right time.

 

To find out more about .id's forecasts and how they can benefit your business, please contact us to book a consultation.