MELBOURNE NEWS

Shaping our city

New stats showcase city growth

20 December 2019

Discover a fascinating portrait of a changing Melbourne through brand new data.

Over the past decade, the City of Melbourne has become an increasingly popular place to live, work and visit, and our economy has soared to more than $100 billion, growing by five per cent in 2018.

Furthermore, the latest Australian Night Time Economy Report shows our world-class entertainment and dining has pushed the value of the city’s night time economy to more than $3.5 billion.

Councillor Kevin Louey, Chair of the Prosperous City portfolio, said the growth of Melbourne’s night time economy is a source of pride for the city.

‘Our night time economy continues to move from strength to strength, and we’ve been working hard with businesses and the community to activate Melbourne at night,’ Cr Louey said.

‘The transformation of Melbourne from the early 1990s to 2019 is incredible and a testament to the entrepreneurial spirit of our large and small business communities.’

Here are five highlights from our newly-released Census of Land Use and Employment 2018.

  1. Jobs increased by 25,700 since 2016, reaching 479,200 jobs across 16,800 businesses
  2. Residential dwellings increased by 34,670 since 2008, to 83,080 homes; this includes an additional 12,630 in the central business district, which is greater than the total number of dwellings in the City of Adelaide
  3. Cafes and restaurants increased by 44 per cent since 2008, to 2390 businesses with 195,000 seats
  4. Residential floor space grew to surpass office space by almost two million square metres – by contrast, office space was ahead by 140,000 square metres in 2008
  5. Business services, finance and insurance, and health care and social assistance were the top employment industries and accounted for more than half of the job growth in the past decade

We collect Census of Land Use and Employment data over a two-year period through face-to-face interviews with every business across the municipality, to capture key trends. This research has been conducted since the 1960s.

To find out more, visit CLUE.

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