Victoria economy · Population growth

Victoria population growth

Victoria's resident population has historically been sensitive to both overseas arrivals and movements across state borders. This full family separates those flows from natural increase and the resulting population level.

4 published series · abs-population

population.erp.total.vic

Estimated resident population

Latest value

7.1M

Change from prior period

+22.1K

from July 2025

Unit
persons
Frequency
Quarterly
Adjustment
Original
Latest catalog period
Oct 2025
Source
abs-population
Source licence
CC-BY-4.0

population.natural_increase.total.vic

Natural increase

Latest value

6.7K

Change from prior period

+700

from July 2025

Unit
persons
Frequency
Quarterly
Adjustment
Original
Latest catalog period
Oct 2025
Source
abs-population
Source licence
CC-BY-4.0

population.net_interstate_migration.total.vic

Net interstate migration

Latest value

-154

Change from prior period

-269

from July 2025

Unit
persons
Frequency
Quarterly
Adjustment
Original
Latest catalog period
Oct 2025
Source
abs-population
Source licence
CC-BY-4.0

population.net_overseas_migration.total.vic

Net overseas migration

Latest value

15.6K

Change from prior period

-8.3K

from July 2025

Unit
persons
Frequency
Quarterly
Adjustment
Original
Latest catalog period
Oct 2025
Source
abs-population
Source licence
CC-BY-4.0

About population growth

Estimated resident population is the Australian Bureau of Statistics' official measure of people who usually live in each state or territory. Quarterly updates start from the Census population base and add natural increase, net overseas migration and net interstate migration, which are shown as the wider four-series family on these pages. The newest estimates are preliminary because births, deaths and migration records arrive on different schedules. They are revised as registration data matures, traveller and administrative information is updated, and after each Census through rebasing and intercensal adjustments. Component estimates may therefore change even when the broad population direction does not. Estimated resident population is not a live headcount, a count of citizens, a measure of housing demand or a statement about infrastructure capacity. Migration components are net flows, so they conceal larger movements in both directions. The series describe past demographic change and do not forecast future population, rents, employment or public-service needs.

ASX companies operating in Victoria

Coarse operating-exposure bands are AI estimates based on public company information. Headquarters-only matches are withheld.

  • CBA Commonwealth Bank Of Australia.Banks

    Significant operations exposure (estimate)

    Basis: Major retail and business banking

  • NAB National Australia BankBanks

    Significant operations exposure (estimate)

    Basis: Major retail and business banking base

  • WBC Westpac BankingBanks

    Significant operations exposure (estimate)

    Basis: Major retail and business banking

  • ANZ Anz Group HoldingsBanks

    Significant operations exposure (estimate)

    Basis: Major retail and business banking base

  • WES WesfarmersConsumer Discretionary Distribution & Retail

    Significant operations exposure (estimate)

    Basis: Major retail footprint and distribution

  • CSL CslPharmaceuticals, Biotechnology & Life Sciences

    Some operations exposure (estimate)

    Basis: Melbourne R&D and manufacturing

  • TCL Transurban GroupTransportation

    Significant operations exposure (estimate)

    Basis: Melbourne toll roads CityLink, West Gate

  • TLS Telstra GroupTelecommunication Services

    Significant operations exposure (estimate)

    Basis: Melbourne network operations and customers

Back to the Victoria economy overview

Every chart reports its source, unit, frequency, adjustment and source licence from the economic-series catalogue. Latest periods may be preliminary or revised by the publisher. Historical data only; not a forecast or financial advice.