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6SydneyhasanumberofageinghotspotswheredownsizersarelikelytomovetoapartmentsMacroPlanDimasihaveundertakenananalysisofthe2011censustodeterminewhichcouncilareasandwhichsuburbsaretheoneswiththehighestproporonofpeopleover55yearsold.Wehavechosenthisageasthisgivesusanideaofwherethosereringoverthenext10yearsarecurrentlylivingaswellaswherethoseover65alreadylive.ThebiggestgroupchangingthenormalagedistribuoninSydneyistheBabyBoomerswhowerebornaertheSecondWorldWarfrom1945onwards.AswehaveseenfromtheinformaononAustraliasfuturepopulaongrowththisbubblewontgoawayandtheproporonofAustraliansover55isheadingtowardsathirdoftheoverallpopulaon.TheanalysisbytheCityFuturesresearchgroupfromtheUniversityofNSWshowsthatmanyoftheseBabyBoomerswilldownsizebutwilldosoclosetowheretheycurrentlylive.ThismeansthatlargenumbersofapartmentsarelikelytoberequiredclosetoameniesinthesuburbsofMosmanCarlingfordCastleHillBexleyEppingRydeStratheld.SuburbPopulaonin2011PopulaonOver55PercentageUminaBeach16047535433.36Mosman27467790928.79Carlingford21813618028.33Greystanes21715608428.01Castlehill381671046027.40Bexley19231503026.15Epping20232522025.80Ryde21087542325.71Maroubra29588755125.52Stratheld22266552424.80BaulkhamHills33917838924.73Asheld21949507823.13Marrickville24583558622.72Greenacre23202509321.95Blacktown43355913521.48Randwick27740577120.80Hurstville25708532920.72Merrylands27230548120.12Bankstown30523570418.68Auburn33098532116.07Themapshowsthelocalgovernmentareaswiththegreatestpercentageofresidentsover55.Thetableillustratesthesuburbswiththehighestpercentageofpeopleover55.Ifweassumetheaveragehouseholdover55is1.5personsmanyaresinglepeopleandthat25ofthesehouseholdsmightdownsizeinthesamesuburbthenwecanassessthenumberofnewapartmentsthatmayberequired.TheDraMetropolitanStrategyforSydneymakesthefollowingstatementabouttheageingpopulaonoverthenext20yearsOurpopulaonwillchangewith900000peopleovertheageof65whichisnearlytwiceasmanypeopleoverthatagetoday.