As Victoria’s population boomed, residents went bust

In the decade leading up to COVID, Victoria experienced by far the strongest population growth in the nation.

In the 10 years to December 2019, Victoria’s population grew by a massive 1,241,000 people (23%) on the back of mass immigration:

This rapid population growth created all manner of problems for Melbournians, from worsening congestion to deteriorating housing affordability. Importantly, it has also masked the poor performance of the Victorian economy.