People

Accommodating Sydney’s Growing Population

Over the next three decades, Sydney will need an extra 640,000 homes to cater for its population growth. The majority of those will be created by redeveloping existing areas, putting Green Square Town Centre in a strong position to benefit from this growth.

The evidence suggests the demographic mix will be dominated by young professionals, with figures from the 2001 Census showing this group is growing within the South Sydney locality. The area had a relatively young median age of 33, while the number of residents who were professionals was up 3.5 per cent on the previous Census.

These household typically have high incomes and are seeking appropriate retail and leisure facilities as part of their cosmopolitan lifestyle. The Green Square Town Centre will tap into this demographic as the drivers for retail and residential development.