The latest population data from the Australian Bureau of Statistics (ABS) showed that Melbourne’s population soared by 1.7 million people (49%) between 2001 and 2023, driven by net overseas migration.
![Melbourne's Population](https://api.macrobusiness.com.au/wp-content/uploads/2024/04/Melbourne-population.png)
Official forecasts from the Victorian government project that Melbourne’s population will swell to 9.0 million people by 2056:
![Victorian population projection](https://api.macrobusiness.com.au/wp-content/uploads/2023/11/Victorian-Projected-Population-Growth.png)
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If this projection came to fruition, Melbourne’s population would have risen by 5.5 million in only 55 years from 3.5 million in 2001.