Female population aged 35 and older

IBISWorld forecasts the female population aged 35 and older to increase by 3.4% during 2023-24, to reach 7,788,647 people. The growth rate of the female population aged 35 and over is expected to increase at a similar rate to Australia's female population aged 18 and over. Net migration is expected to grow strongly in the current year, reflecting an ongoing recovery from the reopening international borders in 2021-22. Strong growth in migration levels can have a positive effect on the size of this age demographic, as many migrants are young people entering the country for job opportunities.

Over the past five years, the female population aged 35 and older has grown at a steady rate. The key drivers of population growth for females in this age group are increasing life expectancy and net migration rates. Over the past decade, rising health consciousness has caused a fall in the smoking rate and per capita alcohol consumption, boosting life expectancy rates for females aged 35 and over. This is increasing the overall size of this demographic. In addition, prior to the COVID-19 pandemic, the size of this age demographic was boosted by relatively high positive net migration. Overall, IBISWorld forecasts the female population aged 35 and older to grow at a compound annual rate of 2.2% over the five years through 2023-24.