Australia’s population is ageing rapidly. In 2012 people aged 65 years and over made up 14% of Australia’s population. This is projected to increase to 22% in 2061 and to 25% in 2101. There were 420,300 people aged 85 years and over in Australia in 2012, making up 2% of the population. This group is projected to grow rapidly throughout the projection period, to 5% by 2061 and to 6% by 2101 (Australian Bureau of Statistics).
Similar to the national trend, Queensland’s population is ageing. The number of people aged 65 or older in the State is projected to more than double to reach 1.1 million over the next 20 years (Queensland Government).
Locally on the Gold Coast it was estimated that 14.1% of people in the Gold Coast Medicare Local region were aged 65 years and over in 2010, slightly higher than the rate for Queensland and Australia. By 2031, it is projected that this rate will increase to 20.2% in Gold Coast City (19.6% for QLD and 19.7% for Australia). The proportion of people aged 85 and over is projected to increase from 1.8% in 2010 to 3.4% in 2031 (3.1% for both QLD and Aust) (Gold Coast Medicare Local).